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Xerox CFO: We're Beyond the Services Tipping Point

Xerox CFO Kathryn Mikells says the technology giant is planning to boost its services business, which now accounts for 55% of the company's total revenue.

Xerox CFO Kathryn Mikells tells TheStreet's James Rogers how the technology giant is planning to boost its services business, which now accounts for 55% of the company's total revenue. Speaking at Xerox's simple@work event in New York, Mikells cites growth in areas such as document outsourcing and managed printing, transportation and healthcare, which generates over $2 billion of Xerox's revenue. Xerox's "highly profitable" technology business will fuel the services push, she adds.

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