Sramana Mitra: What other areas do you have interesting perspectives on? Ken Stephens: One of the things that the cloud positions us to do is to move into regions where we haven’t played before. ACS, as an example, before being purchased by Xerox, was largely a U.S. company. We did some Europe and some Asia
Sramana Mitra: Well, you know, the application suite that is seeing the maximum migration is actually Lotus Notes. Ken Stephens: No, it’s amazing. Lotus Live was an amazing success for IBM. That was a bit of a coup on their part to do that. But we shall see. SM: People are moving out of Lotus,
Sramana Mitra: That’s where I think Salesforce.com has been extremely successful. Ken Stephens: Yes, but do you think Salesforce.com is going to become a major player at the platform? SM: Yes, I do.
Sramana Mitra: Even within the IT portion, it sounds like I’m hearing infrastructure as a service as the organizing principle. Ken Stephens: Yes. It’s a staple. You have to do that, and we do that. SM: What gaps do you see in the market right now?
SM: It sounds like Xerox is turning into an IT outsourcing company. KS: We have about $2 billion in revenue today from IT outsourcing already. We’re a $22 billion company, and about $2 billion of it is IT outsourcing. Now, in the market that we’re pursuing, the services business, historically, ACS and Xerox have pursued
Xerox, originally known as the M.H. Kuhn Company and then the Haloid Company, has been around for more than 100 years. The first electrophotographic or xerographic copy was made in 1938 by inventor Chester Carlson, who patented the technology in 1942. In 1948, the name “Xerox” was trademarked. Since then, Xerox has permeated our culture