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Conduent Inc. is a business process services company providing digital solutions and mission-critical services. It specializes in transaction-intensive processing, advanced analytics, and automation technologies, serving commercial, government, and transportation sectors. The company focuses on optimizing complex operations and enhancing efficiency for its clients.
Conduent was formed in January 2017 as a strategic divestiture from Xerox Corporation. This separation enabled the new entity to focus exclusively on its extensive business process services portfolio, transitioning a significant portion of Xerox's legacy services and client base. The formation created an agile, specialized organization dedicated to digital business solutions.
The company primarily serves clients across commercial industries, healthcare, and public sectors, including government agencies. Conduent aims to create exceptional outcomes for its clientele by streamlining operations, enhancing customer experiences, and driving digital transformation. Its vision centers on delivering critical services that enable organizations to achieve strategic objectives and navigate evolving business landscapes.
Cond has 8 tracked investments across 4 companies. The latest tracked deal is $192.4M Other Equity in Vestiaire Collective in March 2024.