Improving Margin by Reducing Supplies Cost

For managed print service providers, properly managing costs is essential to maintaining profitability. When managing printers, the top two costs are labor and supplies costs. To maximize supplies yield, service providers have done numerous different things including: turning off alerts on the device, educating users not to change cartridges until they stop printing or streaking,…

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Three Pitfalls to Avoid When Starting Out in Predictive Analytics

After two years of developing Photizo’s Advanced Analytics business, I thought it would be good to share a few of the key learnings we have observed during our past engagements. Here are three key ways to avoid pitfalls during the development and deployment of advanced analytics solutions. Let the use case be your guide –…

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Moving from ideation to value creation, the path to success for advanced analytics

In the world of advanced analytics, there are several stories of both success and failure. Analytics tools and techniques such as artificial intelligence, machine learning, predictive analytics, etc. promise to revolutionize most industries. These are bold claims, which lead to the question, why are some firms more successful in implementing advanced analytics than others. While…

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Predictive vs. Private

In the world of advanced analytics, which includes predictive analytics, data is essential in order to build algorithms that can predict the likelihood of a future event. These predictions are often focused in two broad areas, operational analytics, or marketing analytics. Predictive analytics used for marketing and sales focuses on predicting things like who will…

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Stop Playing Whack-A-Mole with Printers

In the office imaging industry, we’ve been fortunate historically to be able to drive large margins, especially on supplies sales. In fact, 40% margins were typical on contracts for dealers that manage their businesses proficiently. The downside to our previous success is that it has in some ways created an environment of inefficiency. Typically, dealers…

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Upcoming Groundbreaking Solution Provided by Photizo and PrintFleet

In late 2015, Photizo Group and PrintFleet partnered to create a solution that would dramatically improve profitability for dealers and service providers delivering managed print. Both firms have extensive experience in the industry and identified a unique opportunity to leverage this experience with ground breaking technology to solve problems that have plagued the industry for…

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Data Driven Service

New technology is often used to create competitive advantage and improve efficiency. In the office printing and imaging industry, we have been in the midst of a shift from product sales to managed services for several years. Customers expect results when they purchase managed services, and they are essentially looking for an outcome – in this…

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