Xerox Named a Document Workflow Services Leader in IDC MarketScape Report
September 23 2016 - 8:00AM
Business Wire
Xerox (NYSE: XRX) has been recognized as a leader in the IDC
MarketScape: Worldwide Document Workflow Services Hardcopy 2016
Vendor Assessment.1 This marks the sixth year that Xerox has held a
leadership position in IDC MarketScape reports evaluating managed
print and document services, and its evolution to document workflow
services.
Xerox is the only printing equipment manufacturer evaluated in
the report with a dedicated organization supporting document
workflow. Workflow automation offerings have been a staple of the
company’s productivity and process enhancers for years, helping its
customers avoid document management bottlenecks and inefficiencies.
Xerox has continued to enhance its cross-industry and vertical
workflow automation offerings, with 29 new solutions across retail
banking, manufacturing, government, healthcare and higher
education.
Enhancements to Xerox’s document workflow portfolio include
workflow assessment methodology, adaptive business process models,
intelligent document processing, and review and forms recognition.
For example, Xerox intelligent business process management (iBPM)
offerings will enable solutions to scale and will accelerate rapid
application development, allowing for more customization for
partners and customers.
“Xerox managed workflow services deliver benefits to a wide
array of industries and lines of business within an organization –
from reducing paper and cutting costs to enhancing employee
productivity and ensuring data and document security,” said Mike
Feldman, president, Large Enterprise Operations, Xerox. “Our
longstanding leadership position in the market is representative of
our consistent growth and adoption of software and service
solutions that deliver the best and most tailored benefits to our
customers.”
Additionally, Xerox continues to enhance its document workflow
solutions and services portfolio and market reach through
additional partnerships and acquisitions. Key partners include
Hyland Software for content management, Top Image Systems for
enterprise capture and Datawatch for analytics.
Highlights from the report include references to Xerox’s
strengths, such as:
- A well-developed document workflow
strategy and roadmap, including partnership and merger acquisition
plans to drive continued expansion;
- Core assets that address a broad range
of horizontal business applications as well as vertical industries
to address key markets strategic to its growth – like
manufacturing, banking and higher education; and
- A strong document workflow portfolio,
including proprietary assessment and collaboration tools.
Xerox's document workflow portfolio also includes cross-industry
horizontal solutions that span both the front and back office.
Horizontal solutions include accounts receivable/payable, HR
onboarding, and employee file management.
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About Xerox
Xerox is helping change the way the world works. By applying our
expertise in imaging, business process, analytics, automation and
user-centric insights, we engineer the flow of work to provide
greater productivity, efficiency and personalization. Our employees
create meaningful innovations and provide business process
services, printing equipment, software and solutions that make
a real difference for our clients and their customers in 180
countries. On January 29, 2016, Xerox announced its plans to
separate into two independent, publicly traded companies – Xerox
Corporation, which will be comprised of the company’s Document
Technology and Document Outsourcing businesses, and Conduent
Incorporated, a business process services company. The company is
on track to complete the separation by the end of 2016. Learn more
at www.xerox.com.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an
overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor's position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
1 IDC MarketScape Worldwide Document Workflow Services Hardcopy
2016 Vendor Assessment, doc #US40994416, September 2016.
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Xerox® and Xerox and Design® are trademarks of Xerox in the
United States and/or other countries. Conduent is a trademark
of Xerox Business Services, LLC in the United States and/or other
countries.
Prices, features, specifications, capabilities, appearance and
availability of Xerox products and services are subject to change
without notice.
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version on businesswire.com: http://www.businesswire.com/news/home/20160923005351/en/
XeroxBob Wagner, 585-422-5721Robert.Wagner@xerox.comorText100
for XeroxStephanie Colpo,
585-697-2618Stephanie.Colpo@text100.com
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