With The Advent Of Scanners And Universal Ports
With The Advent Of Scanners And The Universality Of The Portable Docum
With the advent of scanners and the universality of the portable document format (PDF), the market for optical copiers is shrinking rapidly. Can a company such as Xerox Corporation survive? In this assignment, you will address this question. Research the issues faced by Xerox from 2000–2010 and the solutions found using the assigned readings, the Argosy University online library resources, and the Internet. Specifically review the company’s annual report at the following: Xerox Corporation Respond to the following: Identify multiple business pressures on Xerox. Describe some of the company’s response strategies. Identify the role of IT as a contributor to the business technology pressures (for example, obsolescence). Identify the role of IT as a facilitator of Xerox’s critical response activities. Support your positions with reasons and examples based on your research. Write a 3–5-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M2_A2.doc.
Paper For Above instruction
The rapid evolution of digital technology from 2000 to 2010 presented significant challenges and opportunities for Xerox Corporation, necessitating strategic responses to maintain its market relevance. This period was characterized by pressing business pressures driven by technological obsolescence, shifting consumer preferences, and intensified competition from digital solutions like scanners and PDF formats, which fundamentally changed document management paradigms.
One of the primary business pressures on Xerox during this period was the decline in demand for traditional photocopiers and multifunction devices. As digital scanning technology became more sophisticated, cost-effective, and widespread, organizations increasingly preferred electronic document sharing over physical copying. The advent of portable document formats (PDFs) further diminished reliance on physical copies, eroding Xerox’s core revenue streams. Additionally, the proliferation of digital document management solutions and cloud-based applications created new competitors and alternative workflows that challenged Xerox's traditional business model.
In response, Xerox adopted multiple strategic initiatives aimed at transforming its business model from hardware-centric to a more service-oriented and solutions-driven approach. They invested heavily in developing digital document management systems, document outsourcing services, and enterprise content management solutions. For instance, Xerox introduced services such as Managed Document Services (MDS), which included workflow automation and digital document conversion, helping clients transition from physical to digital document processes. Moreover, the company expanded its offerings into IT services and business process outsourcing, aligning with the broader digital transformation trends.
The role of Information Technology (IT) was integral both as a contributor to external pressures and as a facilitator of Xerox’s response strategies. On one hand, rapid advancements in IT, such as the emergence of sophisticated scanners, cloud computing, and mobile technology, contributed to obsolescence of Xerox’s traditional products. These technological developments made physical copying less relevant and introduced new competitors who leveraged digital platforms. On the other hand, IT became a critical enabler of Xerox’s strategic shift towards digital services. The company invested in developing cloud-based document management platforms, customer relationship management (CRM) systems, and enterprise resource planning (ERP) solutions that supported their new solutions portfolio.
For example, Xerox integrated IT to streamline internal operations, improve customer engagement, and facilitate the delivery of comprehensive business solutions. Implementing advanced data analytics allowed Xerox to better understand customer needs and tailor offerings accordingly. The deployment of enterprise IT systems helped in managing large-scale service contracts and in delivering remote support, ultimately enhancing customer satisfaction and retention.
In conclusion, Xerox's survival from 2000–2010 depended heavily on its ability to adapt to technological changes driven by IT. While technological obsolescence created significant pressures, IT also served as a catalyst for innovation and operational efficiency. The company’s strategic pivot towards digital services and document management, underpinned by robust IT infrastructure, exemplifies an adaptive approach necessary for navigating technological disruptions in the digital age.
References
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