collect “a different kind of data,” Kurtoglu says.
“That opens up all sorts of new possible algorithms and analytics,” Kurtoglu says.
PARC’s commercial clients range from startups to “well-established market leaders,” he says.
“They come to us when they observe disruption, and feel the need to be present in areas where it’s outside their core business,” Kurtoglu says.
PARC has taken in annual revenue of about $65 million in recent years, Kurtoglu says. He declined to say how that revenue is split between Xerox and outside clients. The research center has about 250 staffers.
Don’t look for a significant change of direction as Kurtoglu takes the helm. “I don’t see the need for that,” he says.
PARC will keep on the same track—working on the transformation of technology from R&D to marketable products.
“What I’m personally motivated by is creating an impact in the real world,” Kurtoglu says.
Image courtesy of Xerox PARC