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Xerox Leads Global Managed Print Services Market as Businesses of All Sizes Sign On for Cost Savings, Productivity


Published on 2011-12-08 18:41:10 - Market Wire
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ROCHESTER, N.Y.--([ ])--[ Xerox Corporation ] (NYSE: XRX) remains the worldwide leader in [ managed print services ] (MPS), as businesses large and small enlist the companyas help to cut costs and reduce the time employees spend on print-related activities.

"Xerox continues to lead the MPS market because of our ability to adapt to the needs of our customers"

According to Gartner, Inc., the MPS market experienced double-digit growth in 2010. Xerox led the way, as more and more IT leaders discovered the benefits of better managing the way documents are printed, shared and updated. For example:

Additionally, this week, Xerox was ranked by Gartner as the worldwide market share leader with 33 percent of MPS revenues in 2010.1 Gartner also positioned Xerox in the Leaders Quadrant of the 2011 Magic Quadrant for MPS Worldwide.2

aXerox continues to lead the MPS market because of our ability to adapt to the needs of our customers,a said [ Stephen Cronin ], president, Xerox Global Document Outsourcing. aWe believe our position in the market is confirmed not only by analyst rankings but also through the return on investment and real business benefits our customers realize by taking a simpler and more effective approach to their document management.a

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Xerox

Xerox Corporation is a $22.5 billion leading global enterprise for business process and [ document management ]. Through its broad portfolio of technology and [ services ], Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their [ real business ]. Headquartered in Norwalk, Conn., Xerox provides leading-edge [ document technology ], services, [ software ] and [ genuine Xerox supplies ] for [ graphic communication ] and [ office printing environments ] of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive [ business process outsourcing ] and [ IT outsourcing services ], including data processing, [ healthcare solutions ], HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The 134,000 people of Xerox serve clients in more than 160 countries. For more information, visit [ http://www.xerox.com ], [ http://news.xerox.com ], [ http://www.realbusiness.com ] or [ http://www.acs-inc.com ]. For investor information, visit [ http://www.xerox.com/investor ].

1 Gartner, Inc., Competitive Landscape: Managed Print Services, Worldwide Report, Nov. 30, 2011.

2 Gartner, Inc., Magic Quadrant for Managed Print Services, Worldwide, [ Ken Weilerstein ], Cecile Drew, [ Yulan Li ], Oct. 25, 2011.

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