Another View on Print Volumes

Just about when we have all have succumbed to the idea that an increase in digital content meant that future print volumes would be decreasing, we hear another view as to why this may not be the case.  According to a survey by Danwood, a print/document management Company based in the UK, print volumes are…

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Lexmark Sale to Apex Approved November 29, 2016

The sale of Lexmark has been approved. According to a release on Lexmark’s Newsroom dated November 29, 2016 confirmed the Acquisition of Lexmark by Apex Technologies. The sale of Lexmark International to Apex Technologies was first reported on April 19, 2016. The decision to sell Lexmark, or explore “Strategic Alternatives” was announced by Lexmark in…

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Why are Some Printer Manufacturers Bullish Despite Financial Declines?

Recently, many printer manufacturers released their latest quarterly financials. Across the board, printer revenues are down but operating profits have declined considerably more when comparing latest quarter in 2016 to the same quarter in 2015 (see table below).  Despite this, why are printer manufacturers continuing to be somewhat bullish? It is not unusual for any…

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Threat of Aftermarket Cartridge Suppliers to Printer Manufacturers

Supplies or consumables revenue can account for at least 50 percent of a printer manufacturers’ printer business and even a higher percentage of the printer operations’ profits. Therefore, it is critical for printer manufacturers to do whatever it can to maximize their capture of consumables sold to its installed base. Most printer manufacturers are already…

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The Changing Photo Printing Market

Some of us remember days when we were all were using digital cameras, storing our photos on secure digital (SD) cards, and then printing them with one or many dye sublimation or inkjet small format photo printers. Digital cameras were getting smaller, cheaper, and image quality and storage capacity were increasing. At that time, it…

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Business Inkjet Printer Revolution

Business Inkjet Printer Revolution Typically, things that happen in the imaging industry are evolutionary, however; business inket printers and the technology behind them, are truly revolutionary and will have a significant impact on the office printing market.  Business inkjet printers are basically defined as those that are suitable for office use where laser printers are…

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IBM Case Study Highlights Photizo Group

Photizo Group revolutionizing the imaging industry with predictive analytics using IBM’s PMQ (Predictive Maintenance and Quality Tool set) Recently, IBM published a Case Study involving Photo Group’s work in demonstrating how, with the use of IBM’s PMQ (Predictive Maintenance and Quality) software tools, toner waste can be reduced by as much as 50 percent. This…

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Samsung Agrees on Payouts and Employment Contracts with Printer Group Staff

Samsung Electronics will be paying 60 million won ($52,406) in compensation to each worker at the printing unit sold to HP.  In addition, the 6,000 Samsung workers who are affected by the acquisition by HP, who will be provided guaranteed employment for five years. Upon approval from shareholders at an extraordinary meeting on Thursday, October…

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Konica Minolta Displays Growth in A3 MFPs Despite FOREX Impact

Konica Minolta, Inc. (KM) reported Q216 financial results on Monday, October 31, 2016 (see Figures 1, 2, and 3 below). Q2 Revenue of ¥232.7 billion (B) ($2.27B), declined 10% (YTY), 4% increase w/o FOREX impact Q2 Operating Profit of ¥9.6B ($93.7M), declined 47% (YTY), 5% increase w/o FOREX impact Q2 Business Technologies Revenue of ¥3…

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Ricoh Q216 Results Causes Step Up of Structural Reform Efforts

H1 Operating Profit dropped 70.5 Percent Ricoh Company, Ltd. reported its Q216 results on October 27, 2016 (please see Figures 1, 2, and 3 below). Q2 Sales of ¥483.7 billion (B), declined 13.0 percent (Y/Y) Q2 Operating Profit of ¥5.7B, declined 84 percent (Y/Y) Q2 Imaging & Solutions Sales of ¥424.9B, declined 14 percent Q2…

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Lexmark Expects Acquisition to Close in 2016

First gain in last 7 quarters Lexmark International reported its third quarter 2016 on October 28, 2016 (see Figures 1 and Figure 2) below: Company revenue of $844 million (M) declined 1 percent Enterprise Software revenue of $156M, up 5 percent ISS revenue of $688M, down 2 percent Higher Value Solutions (comprised of MPS and…

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Where’d My Teller Go?

In our last Photizo news byte we investigated the ‘gig’ economy and the transformation that has been going on in that industry. On the heels of that analysis comes an industry that has been going through transformation as well – the banking industry. It was reported that Bank of America, Citigroup, and JPMorgan “shut 389…

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How Big is the Gig Economy in the U.S.?

There have been many articles written about the transformation of our hardcopy industry. But how about the ongoing transformation of traditional jobs that are becoming, in effect, freelance ‘gigs.’ Airbnb, Lyft, and Uber are companies that have created online marketplaces to transform jobs like working in hotels or driving taxis, into independent work. The gig…

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Who Works More Hours – Americans or Europeans?

A new study has attempted to measure the differences between the total number of hours worked by American and European workers. It was not an easy task to accomplish. The original intent was to make it easier to compare countries to each other. It incorporated the length of a work week, retirement, unemployment, vacation, and…

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“Valuing People, Supporting Personal Best”

Such is the tagline for Shelley College located in Shelley, Huddersfield, West Yorkshire, U.K.. Unfortunately, Shelley College was taken for a ride by two of its Information and Communications Technology (ICT) employees as reported by The Huddersfield Daily Examiner by way of RT Recycling Times.  Two of its employees stole close to £100,000 ($122,000) worth…

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Will Recent Patents Create Havoc for Remanufacturers?

The Recycler magazine has two current articles concerning patents generated from Canon and Brother. Both articles mentioned the patents could affect remanufacturers. The one from Canon spoke about a “seal between two components” while the article about Brother’s patent had to do with “steps” required to manufacture an ink cartridge. On the surface, both of…

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Will HP use Samsung’s R&D personnel now?

HP announced an updated line-up of six mobile-enabled monochrome LaserJet Pro printers on October 5th for U.S. customers. These are low-end A4 LaserJet Pro devices – single-function (SFP) and multi-function (MFP) with speed points of 23ppm and 30ppm and price points between $99 (SFP) and $329 (MFP) – some will be sold by Wal-Mart. Additionally,…

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How Have Imaging Firms been Doing since Q1 2014?

Most, if not all, of the imaging OEMs are struggling to grow profits and most operating profit margins have declined (see Figure 1). Here’s a few insights from Figure 1. Focus does pay – Epson has focused its strategy on disrupting the inkjet business model. It appeared to be working until Q415. HP shows market…

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HP Introduces New Family of Affordable, Mobile-Enabled LaserJet Printers

Announces first sub-$100 HP LaserJet printer PALO ALTO, Calif., October 5, 2016 — HP Inc., the global leader in printing1 , today announced six new fast, affordable and mobile-enabled monochrome LaserJet Pro printers for individual and small office use. The updated lineup of single and multi-function HP LaserJets are the most productive of their class –…

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What about HP PageWide Devices in 2020?

Last week Ed Crowley, Photizo Group CEO presented a 2020 Industry Outlook webinar that described some significant technology trends. One of the trends had to do with HP’s positioning of its A4, and now A3, PageWide devices versus the competition. Today HP has positioned its A4 PageWide devices versus color lasers as 50 percent faster…

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Keeping Your Business Model Relevant

One of the megatrends that will effect the business model of most imaging companies is related to the changing workforce and workplace. As can be seen in Figure 1, millennials (age 15-35) are now the largest generation in the U.S. workforce. The implication is the millennial values, work style, and the non-traditional work environment will…

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Can Analytics Bolster Graduation Rates?

Purdue University has developed a web tool that can help new freshman adapt to campus and presumably helps students increase the odds they will graduate. Currently, Purdue has a 50 percent graduation rate. According to the National Clearinghouse Research Center, a student enrolled in a four-year degree program that takes the student six years to…

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Where Will You Find Employees?

One of the megatrends over the past five to 10 years is a move to using freelancers. Studies estimate half of the American workforce will soon consist of freelancers, consultants, independent contractors, entrepreneurs, “electronic immigrants,” and so forth. There are many firms that offer these such as, Upwork, Fiverr, Guru, Field Nation, DesignCrowd, WorkMarket, and…

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Toshiba and Canon in the Drone Business?

The Japan Times announced that both Toshiba Corp. and Canon Inc. will be starting separate commercial drone services for clients. Toshiba plans to launch a service that will inspect power cables and steel towers while Canon announced it will sell drones that use Canon’s cameras for surveillance, farming, and remote infrastructure inspection. As Photizo has…

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Predictions for BI, Analytics, and Big Data

The 2016 Pacific Northwest BI Summit took place in Grants Pass, OR. The conference brings together various IT consultants and vendor executives to discuss technology issues and trends. Each year one of the sessions allows participants to provide their outlook and predict the future in BI, analytics, and big data. The first prediction the group…

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HP Inc. Accelerates Disruption of $55B Copier Segment with Acquisition of Samsung Electronics Co., Ltd.’s Printer Business

Aims to reinvent and replace service-intensive copiers with superior multifunction printing Palo Alto, Calif., and Suwon, South Korea, Sept. 12, 2016 — HP Inc. (NYSE: HPQ), the world leader in printing, today announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s (005930.KS) printer business in a deal valued at $1.05 billion. The acquisition positions HP to…

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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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Channel Competition Heats Up

Amazon Dash Replenishment Service (DRS) was announced last October 2015 and went live in January 2016. So far, the only imaging OEMs that have signed up have been Brother and Samsung. DRS was available to U.S. customers and just recently it has become available to the Samsung customers in UK and Germany. DRS uses the…

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Is Counterfeiting Wrong?

Counterfeit ink and toner cartridges are big business. The Imaging Supplies Coalition estimates the impact for the imaging supplies industry to be over $3 billion annually. The main problem in coming up with a good estimate is detection. A good estimate is around 5 percent of the ink and toner cartridge revenue of a company. For…

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Is IoT a concern to you?

According to a research report by a U.K. company called Zyme, the Internet of Things (IoT) could have a major impact on the ability to gain insights about customers. The report discussed key issues of collecting data, maintaining the security of data, the volume of data collected, and how best to interpret the data. Each…

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