Intro:Steve Bandrowczak, the CEO of Xerox, an iconic company that got started all the way back in 1906 as a manufacturer of photo paper and is, of course, best known for pioneering the copy machine. Here in 2023, Xerox has moved well beyond paper. It now works with companies large and small to provide IT services: it optimizes workflows, manages data, automates parts of businesses, and yes, still fixes the printers.Steve insists there’s still a lot in the world to print, and selling and servicing printers continues to be where Xerox begins its relationships with most customers. And fixing printers is getting high tech: Steve is excited about his new AR app that walks you through getting the copy machine working again so you don’t have to wait for a technician to come fix it. We also talked about the future of Xerox’s legendary Palo Alto Research Center, or PARC, whether Xerox wants more consolidation, and we even spitball some ideas about how to get Gen Z excited about printers. Links:John Visentin, Xerox C.E.O., Dies at 59Xerox Ousts CEO In Deal With IcahnCarl Icahn Makes Case for Xerox-HP UnionXerox abandons $35 billion hostile bid for HPApple Lisa: the ‘OK’ ComputerAbout PARC, a Xerox CompanyTranscript:https://www.theverge.com/e/23394156Credits:Decoder is a production of The Verge and part of the Vox Media Podcast Network.It was produced by Creighton DeSimone and Hadley Robinson and it was edited by Jackson Bierfeldt. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Steve Bandrowczak, CEO of Xerox Holdings Corp, discusses the company's ambitious reinvention strategy focused on growth through core stabilization and IT diversification. He emphasizes the importance of enduring business relationships and innovative debt reduction strategies. Michelle Giuda, CEO of the Krach Institute, shares critical insights on national security concerns related to AI, especially regarding the Chinese company DeepSeek and its potential geopolitical implications. Together, they illustrate the intersection of technology and business in today's world.

Steven Bandrowczak, CEO of Xerox, leads the charge in discussing the company's latest earnings and ambitious outlook for 2025. He shares insights on how Xerox is revitalizing its core business through innovation and a focus on mid-market clients. Bandrowczak highlights the shift towards post-sales revenue and tailored solutions amidst macroeconomic challenges. He emphasizes the importance of diversity in fostering innovation and sheds light on how the company is navigating industry consolidation and cost-cutting measures.