by Hunter Feybusch
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by Hunter Feybusch
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- Announced “double digit” price increases to take effect on 3/18/24
- Move came in response to “Economic challenged”
- “Unprecedented increases in labor costs”
- “sharply rising freight and warehousing rates”
- “Increased input prices from suppliers”
- “Ongoing issue of high energy prices”
- “Despite our best efforts to absorb the impact of these increases, we can no longer avoid raising the prices of many of our products and services; stated Taku Ueno, SVP of Graphic Communications division
- (Unknown if this will force Xerox to also raise its prices, and Fuji provides A3 and PPS hardware to Xerox)
Research published by The Ohio state university and university of Queensland in Australia “using technology to communicate with others is better than nothing – but still not as good as face-to-face interactions” “people are less engaged and do not have the same positive emotional responses when using technology, like video calls” “Using technology is a […]
The Maritime News magazine is reporting that xerox now has $200 million in unshipped orders Blaming “supply chaind challenges “exploring alternative transportaiton routes” “re-evaluating assembly locations “labor shortages are another significant concern” Value of Xerox stock is currently only $2.59 per share Technical analysts have downgraded the stock from a “hold” to a “sell candidate” […]
New Report published by IDC Research IT spending globally had 14% growth in 2025 to reach $4.25 trillion Fastest year of growth since 1996 driven by dot.com boom IDC predicts this will grow to $7 trillion predicts an increase of 10% in 2026 Driven by focus on Digital transformation Cloud migration Cyber Security AI Also […]
While hackers are apparently already using AI to more easily find and attack customers in the U.S. another new technology will make them even more powerful – Quantum Computing, as reported in Quantum Zeitgeist magazine “Quantum Computers, though still in their infancy, could render today’s cryptographic systems obsolete” “Capable of dismantling widely used encryption protocols” […]
