What’s the Difference Between Predictive Maintenance and Preventive Maintenance?

Some companies abide by the saying, “If it’s not broken, don’t fix it.” In some cases this will work to a company’s advantage because it may not have to pay for expensive emergency repairs. However, with the technology available today (Internet of Things (IoT)) the age-old question needs to be revisited – do the hours…

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What’s an MPS Dealer to do?

The Dealer Dilemma This flash report was written by Ed Crowley, Photizo Group CEO. It recounts his experiences speaking with dealers at dealer events, industry venues, and dealer roadshows over the past nine years. He reviews the evolution of the dealer channel regarding managed print services and shows the differences between the original MPS Customer…

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Headline Rollup for August 9, 2016

Ricoh announces new neon color toner and wide format GELJET printer Ricoh Malaysia today introduced two new printers at the 6th Print Technology 2016 expo at the Putra World Trade Center (PWTC). One is the latest four-color production press, thePro C7100, and the wide format multifunction printer, the MP CW2201SP. Epson: more than just printers It may come as…

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Ricoh has Another Rough Quarter for Revenue and Operating Profit

Ricoh Company, Ltd. reported its Q116 results on Friday, August 5, 2016 (please see Figures 1, 2, and 3 below). Q1 Sales of ¥487.7 billion (B), declined 2.5 percent (YTY) Q1 Operating Profit of ¥10.9B, declined 47 percent (YTY) Q1 Imaging & Solutions Sales of ¥430.5B, declined 11 percent Q1 Imaging & Solutions Operating Profit…

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Ron Iversen appointed VP Market Intelligence Business at Photizo

NEWS RELEASE   Media Contact: Terri Crowley VP of Event Management 1.859.846.9830 ext. 107 (office) Email: tcrowley@photizogroup.com   Ron Iversen appointed VP Market Intelligence Business at Photizo Group August 09, 2016 Lexington, KY – Photizo Group, Inc. (www.photizogroup.com) announced today that Ron Iversen has accepted the position of Vice President of Marketing Intelligence. Ron Iversen…

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Canon Delivers Announcements on the ‘New Way of Work’

On August 8, 2016 Canon USA provided a glimpse into the future of work by introducing four key announcements: imageRUNNER ADVANCE C5500 series & Color imageCLASS LBP712CDn uniFLOW Online Advance Cloud Portal V2 Canon Business Solutions Platform Each of these announcements reflect the ‘old way’ or ‘community-type model’ versus the ‘new way’ where the customer…

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Headline Rollup for August 4, 2016

Anywhere, anytime printing: uniFLOW Service Apple AirPrint® certification LONDON, 3 August 2016 – uniFLOW, the integrated print and scan management solution, has received certification by Apple for AirPrint, extending secure and advanced printing services for iPad®, iPhone® and Mac® users. Canon’s acquisitions bearing fruit TOKYO — Canon on Tuesday cut its group earnings forecast for the fiscal…

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FOREX Impact Hits Konica Minolta in Revenue and Operating Profit in First Quarter FY16

Konica Minolta, Inc. (KMI) reported Q116 financial results on Thursday, July 28, 2016 (see Figures 1, 2, and 3 below). Q1 Revenue of ¥229.1 billion (B), declined 7.8 percent (YTY) Q1 Operating Profit of ¥8.9B, declined 11.1 percent (YTY) Q1 Business Technologies Revenue of ¥3, decreased 8 percent Q1 Business Technologies Operating Profit of ¥13.1…

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Business Intelligence Digest – July 2016

Download the Business Intelligence Digest – July 2016! Enjoy all the articles that we published in July … in one convenient PDF document.

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Upcoming 2016 Imaging Supplies Coalition Conference

Al Westerfield, President of the Imaging Supplies Coalition, has invited those in the imaging industry to the ISC’s upcoming conference to be held September 18-20, 2016 in San Diego, CA. Photizo supports the ISC mission and would ask that you consider this important event this year. Below is the invitation and more information concerning the…

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Xerox Cuts Costs, Margins Improve for Q2

Revenue Continues to Drop Ahead of Split Xerox Corporation announced its second quarter 2016 earnings today, July 29, 2016 (see Figure 1, Figure 2, and Figure 3): Xerox total Q2 revenue of $4.39 billion (B), down 4 percent year-to-year (YTY) Services Q2 revenue of $2.5B, down 2 percent (1 percent constant currency (CC)), remained at…

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Headline Rollup for August 2, 2016

On the back of its strengths, printer giant keeps things humming Innovation is the driving force of an enterprise, which is unquestionably true for Minoru Usui, president and CEO of Japanese electronics company Seiko Epson Corporation, commonly known as Epson. Let your products do the talking: the rise of smart labels Smart labels tell a product’s origin story, right down to where it can be laid to rest responsibly. Software maps supply-chain journeys automatically, reducing the potential for counterfeit. Invisible, digital ink…

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Headline Rollup for July 28, 2016

Two Sides: The Majority of U.S. Consumers Value Paper and Disagree With Digital-Only Communications A new survey commissioned by Two Sides and conducted by Toluna Inc. reveals how U.S. consumers view corporate initiatives forcing people into digital-only communication by eliminating paper-based options. The survey also provides insight into consumer opinions on the environmental impacts of…

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Canon Q216 Earnings Results in Another Full-year Forecast Cut

Cuts Full-year Forecast for Second Time in 2016 Canon, Inc. announced its second quarter 2016 results on July 26, 2016 (see Figure 1, Figure 2, and Figure 3). Canon consolidated Q2 sales of ¥ 860.2 billion ($8.35B), down 12 percent year-to-year (YTY) Office Business Unit Q2 sales of ¥ 456.4B ($4.43B), a decline of 15…

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Are you a millennial or ?

According to a recent article on adults receiving paper statements vs. online statements, only 6 percent of millennials (ages 18-25) get their credit card bills and statements in paper form. Those that are not millennials say they like their paper statements for record keeping or a reminder that a bill has to be paid. The…

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Scanning or digitizing?

Canon USA has been using the marketing slogan “Business Problems. Solved.” for several years now, especially related to one of its ‘Business Solutions’ for document capture and distribution. Most OEMs including Brother, HP, Lexmark, and Xerox have focused on reducing costs and boosting productivity through solutions related digitization of paper. Canon USA has developed an…

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Headline Rollup for July 26, 2016

Lexmark shareholders approve merger agreement Lexmark International Inc. shareholders approved Friday the merger agreement under which Lexmark is being acquired by a consortium of investors led by Apex Technology Co. Ltd. and PAG Asia Capital. Lexmark debuts AccuRead Automate 2.0 for MFPs Lexmark has enhanced its AccuRead Automate application for multi-functional printers (MFPs) with the…

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Moving From Commodity Fleet Management to High Value Solutions

By Ed Crowley, CEO Recently I was honored to be the keynote speaker for Canon’s 2016 USA Roadshow. The event was held in five cities (Melville, NY, Irving, TX, Atlanta, GA, Chicago, IL, and Irvine, CA) with the intention of creating enthusiasm, engagement, and increased knowledge of Canon’s solutions platform for the U.S. Canon dealer…

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Have you thought about the future of the imaging industry?

Photizo has put forth a thesis on the future of the imaging industry based on certain mega trends. This is subset of what we are presenting to our Navigator clients over the past month or so. These will drive changes in print over the long-term (see Figure 1): Briefly, the three trends are: Infrastructure –…

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Netflix and Instant Ink – what does the future hold?

Wired had an article titled “Netflix Added Way Fewer US Subscribers Than Anyone Expected.” Netflix is a subscription service as is HP’s Instant Ink. HP has touted it took Netflix 43 months to reach 1,000,000 paid subscribers and it took HP only 27 months to do the same with Instant Ink. What has occurred in…

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Headline Rollup for July 21, 2016

Is the End Looming for Razor-and-Blades Pricing? Companies might want to rethink the storied model of charging less up front to get more down the line — especially as e-commerce offers consumers ever greater flexibility, information, and selection. World’s growth engines fail to fire TOKYO — On his recent trip to Europe to discuss the…

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Headline Rollup for July 19, 2016

Canon launches new flagship, intelligent Multifunctional Printers for today’s modern working environment LONDON, 18th July 2016 Canon, world leader in imaging solutions, today announces the release of its next generation multifunctional devices, the imageRUNNER ADVANCE C5500 Series. New Lexmark A4 series of printers and MFPs from DCC Lexmark International’s new A4 700 and 800 series…

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What’s Changing in the Workplace?

A recent Fast Company article provided some food for thought regarding workplace trends. Some of these are just beginning so the long-range effect has not been determined yet. Others have been around for a few years and seem to be taking hold. For instance, many companies have become “remote friendly,” however, from 2016 and into…

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Xerox and RR Donnelley – A perfect Marriage?

According to various news organizations Xerox would merge some aspects of RR Donnelley (RRD) with its copier, printer and related services business with the balance being folded into Xerox’s business process outsourcing services. Xerox and RRD are printing industry behemoths. Both are well-established companies with market caps of $9.6 billion (B) and $3.9B respectively. Xerox…

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Headline Rollup for July 14, 2016

Atos and Xerox Launch New Cloud-based Finance and Accounting Business Process as a Service Offering that Delivers Significant Savings BEZONs, France and UXBRIDGE, U.K. —   Atos, an international leader in digital services, and Xerox have launched a new cloud-based ‘Business Process as a Service’ (BPaaS) offering for clients streamlining their finance and accounting functions. Canon…

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Headline Rollup for July 12, 2016

Xerox in talks to buy financial printer RR Donnelley – sources Xerox Corp, which is on track to split into two companies by the end of the year, has been in talks to acquire financial printing firm RR Donnelley & Sons Co , according to two people familiar with the matter. The companies still have…

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Brexit – Don’t do it or Stocks will…

“Go to all time highs” June was a month filled with several big surprises for the financial markets. The first surprise came on June 15th when the Federal Open Market Committee (FOMC) suddenly changed course and decided to hold short-term interest rates firm. In the weeks leading up to this decision, Chair Janet Yellen had indicated…

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How Much do Teachers Spend Each Year on Copying and Printing?

Office Depot provided its findings of a survey conducted by the Center for College and Career Readiness that had 5,208 teacher respondents. Several interesting discoveries came forth from the survey: Teachers in the USA spend almost $4 billion every year to copy and print classroom materials, Each teacher spends up to $3,000 on printing, 60…

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Headline Rollup for July 7

10 HP Products that Changed History The OEM’s decades of innovations are said to have been revolutionary in influencing the world of technology. HP started out 78 years ago in a small “wooden Palo Alto garage” after its “first investment of $538” and has since grown into one the global leading technology companies, reported IT Pro.…

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Headline Rollup for July 5

21 Arrested in $126 million toner fraud scheme The Orange County Register has reported that an operation by federal agents and the Huntington Beach police department has resulted in the arrest of 21 people who were involved in a scheme to defraud charities and small businesses by posing as their toner supplier. HP Inc. Offers…

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