Now in her sixth year running Xerox, Burns continues to steer the company away from printing hardware and toward software-oriented products, such as a disease-tracking platform and management tools for “smart” parking systems. In June she completed the sale of Xerox’s IT outsourcing business, and she has pledged to spend up to $400 million on acquisitions this year. The new businesses aren’t offsetting declines in Xerox’s traditional products—the company’s 2014 revenue, at $19.5 billion, fell 2% from the year before.