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ROCHESTER, N.Y. -- Xerox Corporation leads the global document management services
market, according to analyst firm NelsonHall, in its Document Management Market
Forecast: 2009-2013 study.
In addition to being named the overall global leader in document management
services, Xerox tops the individual lists for each major region including North
America, Europe, the Middle East and Africa, Latin America and Asia Pacific.
"The global document management market is predicted to increase to more
than $45 billion by 2013," said Rachael Stormonth, senior vice president,
NelsonHall. "Xerox's strength in document management is a significant force
in this growing market, and by revenue it is the market leader."
NelsonHall, a specialist business process outsourcing (BPO) analyst firm,
tracks worldwide and regional BPO activity. The document management services
study covers managed print services (MPS), inbound document services, outbound
transactional services and outbound print management services.
As the world's leading enterprise for business process and document management,
Xerox helps companies optimize their printing infrastructure with MPS, and streamlines
their communication and business processes to grow revenue, reduce costs and
operate more efficiently.
"From reducing costs to retaining customers, a well-executed document
management strategy can help organizations tackle their entire list of business
priorities," said Stephen Cronin, president, Xerox Global Services. "NelsonHall's
recognition further validates Xerox's approach to document outsourcing - transforming
clients' technology and work processes to drive long-term growth."
Gartner, Inc. positioned Xerox in the Leaders Quadrant in the "Magic Quadrant
for Managed Print Services Worldwide"1 for 2009, and the company was named
MPS market leader in Quocirca's 2009 European MPS report. Xerox Global Services
was also named the worldwide leader in Document Process Outsourcing by the Black
Book of Sourcing.
About Xerox
Xerox Corporation is a $22 billion leading global enterprise for business process
and document management. Through its broad portfolio of technology, business
process and services and outsourcing offerings, 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 supplies for production and office
environments of any size. Through ACS, A Xerox Company, which Xerox acquired
in February 2010, Xerox also offers extensive business process outsourcing and
information technology outsourcing services, including data processing, HR benefits
management, finance support, and customer relationship management services for
commercial and government organizations worldwide. The 130,000 people of Xerox
serve clients in more than 160 countries.
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Note: 1Gartner "Magic Quadrant for Managed Print Services
Worldwide" by K.Weilerstein, et al. August 21, 2009.
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