Lexmark Ventures News Today

The multi-billion dollar imaging solutions provider has created a new revenue stream from IoT devices and software—originally designed for printers—which they now sell to connected equipment manufacturers in transportation, healthcare, and other sectors. Here, Gupta, who leads multiple technology functions as chief information and technology officer, discusses his new tech organization, and the leadership traits he looks for in his successors.

Lexmark Ventures has recalled about 26,830 Solexio hair stylers due to electrocution or shock hazard. According to the Consumer Product Safety Commission, the cord on the hair stylers can detach if the unit is dropped, posing an electrocution or shock hazard to users.

Does the conventional CIO role include responsibilities it should not hold? “A convergence of C-suite roles is the only way forward, due to the importance now placed in technology.”