Xerox to Unveil Trivor 2400 and Brenva HD at Drupa 2016

Xerox Corporation XRX recently announced that it will be launching two new inkjet presses, the Xerox Brenva HD Production Inkjet Press and the Xerox Trivor 2400 Inkjet Press, at the largest printing equipment exposition in the world - Drupa 2016 - which is to be held from May 31 – Jun 10 in Düsseldorf, Germany.

These presses are the first innovative series of inkjet offerings to come from Xerox. The Brenva HD and Trivor 2400 will enable print providers to accelerate growth and drive the production of more high-value applications such as direct mail, transactional, books and catalogs. The company is looking forward to expand its inkjet portfolio by providing customers with a broader range of products to choose from and improve capabilities for print providers to grow their business.

Xerox has been catering to the growing demand for innovative technology to improve speed and efficiency of printers. The Trivor 2400 press will allow print shops to progress onto the production of catalogs, magazines and color books, giving customers more flexibility. The Brenva HD press combines the cost effectiveness of inkjet with the flexibilities of cut-sheet to address the needs of print providers in the light direct mail, transactional and book markets.

InfoTrends, a leading worldwide market research and strategic consulting firm, predicts that the production color inkjet print will account for approximately 57% of the total production digital color page volume by 2019. On the other hand, as per a market research report by Technavio the global printers market is expected to grow at a CAGR of 2.3% over the period 2014-2019. The growth in the global printers market boards well for Xerox's future growth. Revenues of the company may grow to a decent level, given the new range of products that are to be launched during the year.

Headquartered in Norwalk, CT, Xerox has its business spread worldwide. It is a global corporation that sells business services and document technology products to businesses and governments of all sizes.

Xerox carries a Zacks Rank #2 (Buy). Some other stocks worth a look include Acacia Research Corporation ACTG, comScore, Inc. SCOR and Cinedigm Corp. CIDM. Acacia Research and comScore both sport a Zacks Rank #1 (Strong Buy), whereas Cinedigm sports the same rank as Xerox.

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