Headline Rollup for June 23, 2016

Epson to Acquire Italian Textile Printer Manufacturing Company Robustelli Epson Group company Epson Italia S.p.A. has agreed with the Robustelli family to acquire 100% of the capital of Fratelli Robustelli S.r.l. (“Robustelli”), a leader in the textile printing industry. The agreement aims to drive synergies and further increase customer value by expanding the scope of…

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What’s Not in a Name?

A recent blog post by Xerox vice president and chief marketing officer, John Kennedy, gave his viewpoint of the name generated for the new Business Process Outsourcing (BPO) company that will be split off as of January 1, 2017. He explained the strategy and the mission that inspired the name. In addition, the current Xerox…

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Canon Information & Imaging Solutions is Expanding

Canon’s imaging solutions group is 5 years old and growing In 2011 Canon announced Canon Information and Imaging Solutions (CIIS), a wholly owned subsidiary of Canon USA. Upon the launch, Photizo Group (PG) spoke with the small CIIS team to find that this endeavor was a risky move for Canon but needed to help usher…

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Headline Rollup for June 21, 2016

EFI secures first textile software acquisition EFI has boosted its textile portfolio with the acquisition of 2D/3D fashion design and prototyping software developer Optitex. Partner Profile: From Hardware Reseller To Reaper Of Recurring Revenue Southern Solutions went from being a local reseller that sold only Xerox printers and copiers to one of the printer vendor’s…

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Imaging Industry Financial Structure

Imaging Industry Financial Structure Revenue and Operating Income Provides an Objective View IN the 2006-2007 timeframe, Photizo Group consulted with various Wall Street hedge funds. After several sessions with these funds, it became apparent the questions that were being asked required more in-depth research. It was decided that Photizo needed a report on financial profitability…

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What does Ashok Vemuri Bring to the new Xerox BPO Company as CEO?

On June 14, Xerox announced the new Chief Executive Officer (CEO) of the Business Process Outsourcing (BPO) company after the separation. Vemuri will join Xerox on July 1 as CEO of Xerox Business Services and executive vice president of Xerox until the separation is complete. Vemuri has served in leadership positions at Infosys; worked in…

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Headline Rollup for June 16, 2016

Xerox Announces New Business Process Outsourcing Company Will Be Named “Conduent”; Document Technology Company Will Retain the Xerox Brand Xerox (NYSE: XRX) today announced the names of the new companies that will be created following the completion of its separation into two publicly traded companies. The Business Process Outsourcing company will be named “Conduent, Inc.”…

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Will Your Next Printer be an Inkjet?

Several years ago, business inkjets were not the most popular device in an office. Managed print services for medium-to-large corporations all but did away with personal printers and most of them were business inkjets or small laser printers. But there has been a resurgence of inkjets. There are several reasons that business inkjets are appealing…

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Imaging Industry Financials Under Major Pressure

Photizo Group follows the earnings for selected OEMs (Xerox, Canon, Lexmark, Ricoh, Konica Minolta, and HP) and reports on the results on a quarterly basis. Every once in a while, Photizo develops a synopsis of these company earnings to learn about imaging industry trends related to company revenue and operating income by viewing year-to-year (YtY)…

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Microsoft Spends $26.2 Billion For Your Personal Data

On June 13, Microsoft announced the acquisition of LinkedIn. The social networking site data will be used to expand Microsoft Office and Office365 with your digital resume, jobs currently available, skills needed for these jobs, and the Lynda.com software which can provide training in those skills. LinkedIn is active in over 200 countries with 433…

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Headline Rollup for June 14, 2016

Best Drupa Since 2000 – KBA: Print Makes a Strong Comeback Claus Bolza-Schünemann, CEO and president of Koenig & Bauer (KBA) and Drupa president 2016, announced a decidedly positive closing verdict on this year’s industry’s leading trade show which closed its doors on 10 June after eleven days and some 260,000 visitors. “Print in all…

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Headline Rollup for June 9, 2016

drupa Continues Proven 4-Year Cycle drupa, the world’s largest and most important trade fair for print and crossmedia solutions, will continue its proven four-year cycle and take place again in Düsseldorf, Germany from June 23 -July 3, 2020. With this decision Messe Düsseldorf is responding to the numerous requests by the exhibiting industry. Xerox launches…

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Where are you going to spend your marketing dollars?

After reviewing Mary Meeker’s Internet Trends 2016 report, a reader could rationalize that social media is on the ‘hockey-stick’ growth pattern. For example, the number of photos shared on Snapchat, Facebook (FB), FB Messenger, Instagram, and WhatsApp has increased from 300 million in 2012 to over 3 billion in 2015, a 120 percent compound annual…

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What’s Next on the Horizon with Landa?

At Drupa 2012, Mr. Benny Landa showed prototypes of nanography-based presses.   Now four years later, at Drupa 2016, the company actually demonstrated a number of pre-production cut-sheet and web presses. A brief history might be needed: Landa lead the development of the Indigo press. Fifteen years ago Hewlett Packard acquired the company. According to Landa,…

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Toshiba Pushes Digital Signage as a Channel Opportunity

Ideas and Initiatives Part of a Successful LEAD 2016 Conference  Photizo Group attended Toshiba’s annual partner and customer conference in Las Vegas on May 16-19. This year brought a change with America Business Solutions and Global Commerce Solutions combining the LEAD and Connect events to demonstrate the synergies available from the two Toshiba companies. Photizo…

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Headline Rollup for June 7, 2016

Report finds wide-format ink market growing he opening up of new markets driven by developments in hardware will mean faster growth for the wide-format ink market, according to imaging industry market researcher Photizo Group. Kodak partners with Komori, Konica Minolta, Landa and Ricoh to add its Prinergy workflow Kodak has now integrated its Kodak Prinergy…

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HP Indigo Hits Homeruns with Cimpress and Shutterfly Deals

In only its second day at drupa 2016, HP’s deals with Cimpress (parent company of VistaPrint) and Shutterfly (previously owned by HP) have paid for its “largest exhibitor at drupa 2016” title. Shutterfly has leased 25 new HP Indigo 12000 Digital presses making this the “largest deal in the history of Indigo,” said Alon Bar-Shany,…

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Headline Rollup for June 2, 2016

Wise Practitioner – Manufacturing Predictive Analytics Interview Series: Edward Crowley at The Photizo Group, Inc. In anticipation of his upcoming Predictive Analytics World for Manufacturing conference presentation, Predictive Analytics – What is 2% Worth, we interviewed Edward Crowley, CEO at The Photizo Group, Inc. View the Q-and-A below for a glimpse of what’s in store at the PAW Manufacturing…

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Mobile Print Comes of Age

HP Announces Software That Makes Mobile Device Printing More Productive HP, Inc. has made it easier to print using mobile devices and at the same time making it easier for IT to manage printing from mobile devices. With the increasing use of screen-based mobile devices, some users would think the need for hardcopy is shrinking.…

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Headline Rollup for May 31, 2016

HP Unleashes Industry-leading Digital Printing Portfolio at drupa 2016 At drupa 2016, HP Inc. introduced a range of digital printing solutions designed to empower print service providers (PSPs) to reinvent their possibilities. With the largest exhibit space at the show (spanning the size of a football field in Hall 17), HP will feature more than…

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2015 Smartphone Growth Slowed

A new report on the growth rate of smartphones in the United States showed a decline from 18.9 percent in 2014 to 9.6 percent in 2015. Despite the growth rate decline the number of smartphones increased from 208 million in 2014 to 228 million in 2015. Apple has been impacted by this slowing growth with…

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HP, Inc. Had a Respectable Second Quarter Despite Declines

Aggressive action on Total Costs and Expenses saved the day (see Figures 1, 2 and 3) HP, Inc. revenue of $11.6 billion (B) declined 11% Y/Y, 5% in constant currency (CC) Printing revenues declined to $4.6B (16% Y/Y, 10% Y/Y CC) Printing supplies revenue comprised 67% of Printing segment Supplies declined 16% YTY to $3.1B (flat…

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Nuance Document Imaging Focusing on Verticals for Future Success

On May 19, Photizo Group was invited to attend the recent Nuance Document Imaging (NDI) Division Analyst Day Summit held in Washington D.C. The summit involved key industry analysts and was supported by presentations from NDI’s management team. The presentations were interesting and provided insights into NDI’s global strategy, vision, product updates and vertical market…

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Xerox Turns to 3D Printing to Transform

In the past, Xerox had participated in the 3D market but it appears that Xerox has focused on the now mature 3D printing market as a means to transform. Investors are putting clear pressure on Xerox after it announced its first quarter 2016 financial results. Xerox’s 3D printing ventures will be contained within its PARC…

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Wide Format Printer Ink Forecast Perspective

Is the wide format printer industry really growing and, if so, what is driving its growth? Photizo has written this new Wide Format Printer Ink Forecast Perspective to provide hardware manufacturers, ink developers/sellers, and print providers the real insight into what is driving this industry. Recent developments in wide format printer supplies (ink and media)…

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Y Soft: A Company Worth Watching

In late March, Y Soft launched a new iteration of its popular print management solution, the YSoft SafeQ platform. In this latest launch, the new platform has broadened its focus in order to facilitate management of beyond print alone, stepping into capture and 3D print management (the first solution we know of that can manage…

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Why Does Foxconn Really Want Sharp?

Financially-challenged manufacturer, Sharp, and Foxconn Technology Group (FTG) have officially approved a landmark plan to purchase two-thirds of Sharp’s stocks for $3.5 billion (USD). After struggling for years, Sharp has finally agreed to accept the reduced offer for FTG. Most analysts seem myopically focused on Sharp’s relationship with Apple and their iPhones. I wonder if…

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Will Konica Minolta Restructure Boost Domestic Sales?

On February 15, Konica Minolta announced that it would be establishing a new company, Konica Minolta Japan, Inc. to take over domestic business across its Healthcare, Business Technologies, and Domestic Measuring Instruments Sales units. This move will consolidate Konica Minolta Japan’s ability to sell multiple products and services under a single company. Japanese companies have…

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Will MOOCs burst the Higher Education Bubble?

College is expensive. According to an article on family budgeting from Straighterline, average tuition costs almost 40 percent of a family’s median earnings today (in 2004 tuition costs consumed less than 25 percent). Another way to look at it is student debt. Forbes reported that two-thirds of students graduating have some level of debt, now…

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Xerox Q4 Performance: Not Much to Write Home

Of the 8 percent YTY revenue decline seen in the fourth quarter, Xerox estimated that 3 percent of this decline was due to negative currency impact. Many major currencies saw significant weakening against the U.S. dollar through 2015. Xerox was impacted because about one third of its revenue derives from non-U.S. revenues with about 25 percent of its total consolidated revenues coming from major foreign currencies.

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