Conduent Inc - Company Profile
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Business Description
Conduent Inc (Conduent) is a business process solutions company that provides digital business solutions and services across various industries, including commercial, government, and transportation. The company leverages technologies such as cloud computing, artificial intelligence, machine learning, automation, and advanced analytics.
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R&D Overview
Conduent is actively engaged in research and development (R&D) initiatives focused on leveraging digital technology, including automation, AI, and advanced analytics, to transform client operations and enhance personalized digital interactions. The company employs a data-driven approach through its innovation assessments and insights (IA&I) methodology to develop tailored action plans for overcoming innovation challenges. Additionally, Conduent utilizes AI in over 25 solutions to streamline workflows, improve security, and accelerate operations across various industries and government sectors. In FY2024, the company spent US$6 million on R&D, which as a percentage of the company’s revenue was 0.2%. As of December 2024, the company owned approximately 504 US patents and had 14 pending applications. In the US, the company owns 38 registered trademarks, with four pending trademarks.
Business Segments
Overview
Provides government-centric business process services to the US federal, state, local, and foreign governments for public assistance, healthcare programs and administration, transaction processing, and payment services. It primarily helps governments to respond to the changing rules for eligibility and increasing citizen expectations.
Performance
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Overview
Provides business process services and customized solutions to clients in a variety of commercial industries. Operates for its clients to deliver mission-critical solutions and services for the reduction of costs, efficiency improvement, and increasing revenue for the clients.
Performance
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Overview
Provides systems, support, and revenue-generating solutions to government transportation agency clients. It offers public safety, mobility, and digital payment solutions that streamline operations, increase revenue, and reduce congestion while creating safe, seamless travel experiences for consumers and reducing impact on the environment.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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