It's been one year since the split between Xerox and Conduent. Kevin Warren, Executive Vice President and Chief Commercial Officer of Xerox, joins The Long and The Short to discuss the company's growth in 2017 and its focus in 2018.
Since spinning off Conduent, Xerox has been able to focus more on its sole products and mitigating cybersecurity risks. It recently launched 29 new products under its ConnectKey brand. Warren's focus is growing revenue off these products, and he says he's on track for the rest of the year.
Plus, Xerox has beefed up its Security = Safety philosophy. He explains how single and multifunction printers are now capable of working at the heart of business operations with limited risk of a hack. With the exponential growth of wireless devices, cloud-hosting software and services, printers not only need to work with these technologies but also need to stay secure themselves.
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Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.