Xerox Nets 10-Year, $110 Million Managed Print Services Pact With USDA

NORWALK, Conn. — October 11, 2016 — The U.S. Department of Agriculture (USDA) has awarded Xerox (NYSE:XRX) a 10-year, $110M contract for managed print services (MPS) across all USDA agencies. As part of the agreement, Xerox will install and support up to 16,000 Xerox ConnectKey-enabled printers and multifunction devices at more than 3,000 USDA sites around the globe.

USDA is working with Xerox to reduce costs while creating a print, copy, fax and scan environment with fewer but more powerful devices and a smaller environmental footprint. New tools — like ready-to-use apps built into the interface — enabled by the Xerox ConnectKey technology will support migration to digital workflows and provide detailed analytics to reduce print volumes and paper consumption.

“According to Gartner, companies spend between one and three percent of their annual revenue on printing, and managed print services can help reduce the expenditure by nearly 30%,” notes Mike Zimmer, president, U.S. Large Enterprise Operations, Xerox. “With Xerox’s technology and services, the USDA can reduce spending while modernizing their operations, improving security and freeing up vital IT resources to support mission-critical programs.”

Xerox will provide ongoing service and support including help desks, maintenance, analytics and reporting services. Xerox will manage all of this with the aid of a secure web portal that has been customized for the USDA.

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.

About the U.S. Department of Agriculture
USDA provides leadership on food, agriculture, natural resources, rural development, nutrition, and related issues based on public policy, the best available science, and effective management. USDA’s vision is to provide economic opportunity through innovation, helping rural America to thrive; to promote agriculture production that better nourishes Americans while also helping feed others throughout the world; and to preserve our Nation's natural resources through conservation, restored forests, improved watersheds, and healthy private working lands.

Source: Xerox.