What the Imaging Industry can learn from McDonald’s focus on operation efficiency

As many of you, I read a great deal but with so much content out there, we all really need to focus on the important articles; hopefully some that will leave us with a lasting impression like the one posted on Monday, May 22, 2017 in Office Equipment Blog.  Given the state of the imaging…

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Printer Manufacturers continuing to look outside the office print box

When HP acquired Indigo back in 2001, many in the industry questioned the move, but today, the acquisition has proven to be a huge success for HP, who like other office printer manufacturers was searching for ways to grow their printing business knowing that the office printing market would eventually be in decline, and they…

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Xerox Buys MT Business Technologies

On May 15, 2017, Xerox’s Global Imaging Systems (GIS) division acquired an Ohio based multi-vendor dealer MT Business Technologies, the first acquisition as part of the $100M Xerox reportedly has set aside for such acquisitions of multi-brand resellers with the intent to convert them to Xerox-exclusive partners. This acquisition effectively kicks Xerox competitors Ricoh and…

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Takeaways from Toshiba’s 2017 Lead Conference

Many of us have read or written articles about some of the challenges that Toshiba, Japan has, particularly related to their Westinghouse nuclear power plant group.  I had an opportunity to attend Toshiba’s 2017 Lead Conference in Orlando, Florida last week.  This event was sponsored by Toshiba Tech, a 50% owned subsidiary of Toshiba, Japan…

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Thoma Bravo acquires Lexmark’s Enterprise Software Business

Private equity firm Thoma Bravo has recently announced entering into a definitive agreement with Lexmark International Inc. to purchase Lexmark’s Enterprise Software business which consists of three primary businesses: Kofax, ReadSoft and Perceptive Software. The deal is expected to close in the third quarter of 2017.  The firm then plans to sell its Perceptive unit…

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Headline Rollup for May 9, 2017

HP Unveils New 3D Printing Global Reseller Program, Service Bureau Installations, Reference and Experience Centers, and Open Materials Ecosystem Expansion New customers and partners accelerate global reach and adoption of HP’s commercial 3D printing solutions to reinvent manufacturing HP to scale up its 3D printer business for use in mass manufacturing After announcing its first…

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Canon Releases Q1 2017 Earnings

Today, April 27, 2017, Canon released their Q1 2017 Earnings Report and the following is Photizo’s summary.  On March 7-9, 2017 I attended Canon’s One Canon event held in Boca Raton, Florida where Canon executives reviewed their 2016 financial performance vs. 2015 and talked about new products, technologies and programs. Canon’s Q1 2017 Earning Report…

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Xerox Releases Q1 2017 Earnings

Today, April 25, 2017, Xerox released their Q1 2017 Earnings Report and the following is Photizo’s summary. I have attended several Xerox events recently, the investor conference in NYC in December 2016 and the Xerox announcement event also in NYC at the end of March where Xerox announced 29 new products. 29 New Products and…

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Ricoh’s Transformation Plans

For some time now, Ricoh’s printer business has been under performing the printer market as the latest published quarterly numbers show. Note the following from the above chart comparing Ricoh’s printer business performance vs. major competitors: Largest quarterly revenue decline when comparing Q316 to Q315 Operating profit % of revenue of 5.5% is the lowest…

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Update from Toshiba

Most of us have read in the news recently about Toshiba and their Westinghouse group.  Today Photizo received an update in a letter from Scott Maccabe, President & CEO Toshiba America Business Solutions / President & CEO Toshiba Global Commerce Solutions. Toshiba America Business Solutions (TABS) is majority-owned by Toshiba Tec Corporation (TTEC) who themselves…

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Casio Exits the Office Page Printer Market

Casio has recently announced that it is exiting the office page printer market, a market it has participated in since 1985. Like other printer manufacturers who have exited the business over the past five years it was because the printer business was a small and non-strategic portion of their overall business which is certainly the…

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HP A3 Printer Preview

HP A3 Printer Preview   News Byte – April 6, 2017 Ron Iversen   Although we don’t have a lot of details on HP’s new A3 Product Line-up (Laserjet and Pagewide), we are beginning to get a feel for their product strategy.   New A3 Laserjets and A3 Pagewide devices Products will be MPS Ready…

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Clover Imaging Group (CIG) Announces Acquisition of DC Imaging’s ColorLabs Ink Innovations Business

As many companies, whether they are printer manufacturers, consumable manufacturers, print providers, service providers, or resellers, continue to seek growth opportunities outside the “office printing box”, Clover’s acquisition of DC Imaging’s ColorLabs Ink Innovations business (ColorLabs) extends Clover’s reach into the mailroom with a line of aftermarket supplies for mailing, packaging, and printing. Now, the…

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New Xerox Announcements – Far Beyond Printer Hardware

The announcement from Xerox’s event in NYC this week goes far beyond hardware speeds and feeds. Yes, Xerox announced 29 new products and two new printer brands, all sharing a common UI (User Interface) and all are powered by Connect Key. This has to be the most extensive announcement in Xerox’s 110 year history. 29…

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Printer Manufacturers are Using Patent Law

Claiming that it is illegal for users to Refill Cartridges – taking it to the Supreme Court This week, the U.S. Supreme Court will hear arguments in a patent dispute, Impression Products Inc. v. Lexmark International Inc.  The issue comes down to a very key issue that has huge ramifications to the printer industry but…

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How Disruptive Can Seat Based Pricing be to the A3/BTA channel?

The BTA channel and the printer manufacturers are very familiar with a “click” charge model or charging per print on office printers and MFPs.  This model has existed for a long time so why change something where manufacturers and the channel both make money? How do end users really feel about this model?   How many…

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Toshiba selling shares of Toshiba Tec?

Based on Toshiba Corporation’s apparent plan for a $6.3B write down for it’s U.S. nuclear unit, there have been reports that Toshiba Corp is considering selling shares in Toshiba Tec.  As a result, shares in Toshiba Tec Corp (6588.T) rose more than 6 percent in early March 13, 2017.  This large US nuclear unit write…

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Some Key Take-Aways from 2017 One Canon Event

  I had an opportunity to attend the One Canon Event in Boca Raton this year and had some key takeaways that I would like to share.   First, overall, Canon is very bullish about their business since most segments are up from last year.  This News Byte will focus on Canon’s performance in 2016 and…

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Inkjet vs. Nanography – An Overview

There are some folks that that think that Nanography will make inkjet technology obsolete.  What is Nanography?  The Nanographic Printing® process employs a heated blanket onto which very small (much smaller than conventional Inkjet particles) NanoInk® particles are ejected, as well as warm air dryers above the blanket. As the ink droplets hit the blanket…

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Ono Smartphone 3D printer

Despite rapid technology advances over the years, it is often that we see something that is just jaw-dropping, especially in the printer industry where new technology tends to be more evolutionary rather than revolutionary. Take a look at the video at  http://www.3ders.org/articles/20170220-new-video-shows-ono-smartphone-3d-printer-in-action.html.   I had to watch it a few times to really belief what I…

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Photizo Finishes a Month of Unique Personal Webinars

In January of 2017, Photizo announced that it was going to offer imaging industry participants including printer manufacturers, office equipment dealers, MPS service providers, software developers, consumables resellers etc. an opportunity to participate in a personal, one on one, webinar with Photizo.  Unlike typical webinars that companies often conduct, these webinars were personal and tailored…

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A Look at Latest Quarter Financials for top Printer Manufacturers

Now that the latest quarter financials have been released by the top printer manufacturers, Photizo has published an assessment of the financials from each of the top printer manufacturers including Xerox, Canon, HP, Ricoh, Konica Minolta, and Epson.  This News Byte provides a quick summary of the latest quarter results from a revenue and operating…

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Office Printer Segments Most Likely to be Impacted by the Transition to Electronic Documents

At Photizo, we are often asked what office printer segments are most likely to be impacted by the transition to electronic documents.   One thought is that since multifunctional printers (MFPs) are becoming the communications hub within the office and support printing, copying, and scanning (scan to PDF, Scan to Cloud, scan to email etc.), that…

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Continuous Ink Supply Systems Update

What are Continuous Ink Supply Systems (CISS) systems?  They are inkjet printers which typically have large ink reservoirs which are filled from bottles of ink. There devices are promoted as being cartridge-less which is smart marketing approach since most people cringe when they even hear the “cartridge” word.  These CISS printers are often shipped with…

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Opportunities Outside the Office Printer Box

With continued declines of office printer shipments, printer installed base, page volumes, and resulting operating profits for most printer manufacturing and resellers, it is not surprising that they are looking at opportunities outside the “office printer box”.  Most of the major office printer manufacturers are participating in the commercial print market with both cut sheet and…

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A Few Potential Game Changers for the Hardcopy Industry

For a mature industry, the hardcopy industry continues to change at a very past pace. Mergers and acquisitions among solution providers, systems integrators, and service providers; the changing landscape of the channel and the continuation of technology improvements in printing devices, such as Epson’s EcoTank models, HP’s PageWide and PageWide Pro series, HP Canon’s Pixma…

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Printer/Copier Click Charge vs. Seat Based Pricing for Managed Print

On January 4, GreatAmerica Financial Services, the largest independent small ticket national commercial equipment finance company, announced that it has partnered with Print Audit® to present the market’s first Seat Based Billing (SBB) financing options for managed print. Office equipment and imaging dealers now have the option to finance managed print agreements under a Seat-based…

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Ricoh 9 month results cause amended forecast for sales

Lowered its year-end dividend payment forecast   Ricoh Company, Ltd. reported its Q316 results on January 31, 2017 (please see Figures 1, 2, and 3). Q3 Sales of ¥497.9 billion (B), declined 9.2% year-to-year (YTY) Q3 operating profit of ¥12.0B, declined 59% YTY Q3 Imaging & Solutions sales of ¥439.1B, declined 10.4% YTY Q3 Imaging…

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Konica Minolta production print units grow at eight percent

FOREX Hurts Financials Konica Minolta, Inc. (KM) reported Q316 financial results on Tuesday, January 31, 2017 (see Figures 1, 2, and 3 below). Q3 revenue of ¥237.7 billion (B) ($2.17B), declined 7% (YTY), 3% increase w/o FOREX impact Q3 operating profit of ¥15.9B ($145.4M), increased 19% (YTY), 65% increase w/o FOREX impact Q3 Business Technologies…

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Epson Q3 Revenues Up Sequentially, Lower YTY

FY16 Outlook Improves, Lower than FY15 Seiko Epson (hereafter Epson) announced its third quarter and nine months 2016 results on January 31, 2017 (see Figure 1, Figure 2, and Figure 3). Epson Q3 sales of ¥ 278.3 billion (B) ($2.6B), down 6% year-to-year (YTY) Printing Solutions Q3 sales of ¥ 192.4B ($1.8B), a decline of…

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