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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Headline Rollup for November 10, 2016

New Photizo 2016 Printer Hardware Forecast and Perspective Today, Photizo Group announced the availability of a new 2016 Printer Hardware Forecast and Perspective. The hardware forecast includes both laser and inkjet printer data, spanning the period 2013 through 2020. The forecast is available as a global forecast covering North America, EMEA, Latin America, and Asia…

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Headline Rollup for November 8, 2016

Konica Minolta Opens a Strategic Business Base in France to Strengthen Its Industrial Printing Business Tokyo (November 7, 2016) – Konica Minolta, Inc. (Konica Minolta) today announced that it has opened a strategic business base in France to facilitate the growth of its industrial printing business. Established as part of a global management strategy, this is…

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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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Imaging Market Evolution – Mergers and Acquisitions

A look at the future of the Imaging market and sales channel  One of the questions we often hear is what will the market and channel for imaging products and services look like in 5-10 years. This is a huge topic to tackle so we continue to take it in chunks as a series of…

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Business Intelligence Digest – October 2016

Download the business-intelligence-digest-october-2016 Enjoy all the articles that we published in October … in one convenient PDF document.

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Headline Rollup for November 3, 2016

HP Inc. marks one year of reinvention PALO ALTO, CA, Nov. 1, 2016 – One year ago today, HP Inc. was created as a result of the largest separation in corporate history. At that moment, the Silicon Valley pioneer began a journey of reinvention as a new company with the heart and energy of a…

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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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Xerox Generates Strong Margins Ahead of its Impending Split

Revenue Continues to Drop Xerox Corporation announced its third quarter 2016 earnings October 28, 2016 (see Figure 1, Figure 2, and Figure 3): Xerox total Q3 revenue of $4.2 billion (B), down 3 percent year-to-year (YTY) Services Q3 revenue of $2.4B, down 1 percent Document Technology revenue of $1.6B, down 9 percent Xerox worldwide employment…

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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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Headline Rollup for November 1, 2016

Samsung’s printer employees to receive 60 mln won each in competition SEOUL, Oct. 29 (Yonhap) — About 6,000 employees of Samsung Electronics Co.’s printer business will receive about 60 million won (US$52,378) each in compensation, an industry source said Saturday, as Samsung agreed to sell its printer business to HP Inc. Epson Marks Construction of…

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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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Canon Q316 Earnings Results in Yet Another Full-year Forecast Cut

Cuts Full-year Forecast for Third Time in 2016 Canon, Inc. announced its third quarter 2016 results on October 26, 2016 (see Figure 1, Figure 2, and Figure 3). Canon consolidated Q3 sales of ¥ 778.8 billion ($7.71B), down 16 percent year-to-year (YTY) Office Business Unit Q3 sales of ¥ 411.2B ($4.07B), a decline of 19…

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Headline Rollup for October 27, 2016

Konica Minolta clicks with a better buying system The supplier of information management technology reaps the benefits of trading spreadsheets for an online procurement network. Canon India launches new line-up of MAXIFY series, PIXMA TS series and PIXMA G4000 Canon India today announced the expansion of their Inkjet printers portfolio with the launch of six…

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Amazon Now in the Printing Business, Big Time

To date this year, Amazon announced its entry into two potential lucrative businesses within the printer/imaging industry, both involving printer consumables. In the beginning of 2016, Amazon announced their Dash Replenishment Program (DRS). The vision was that any consumer device that had consumables and could be monitored via the internet could be a potential DRS…

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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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Headline Rollup for October 25, 2016

Lexmark Offers Printer Guarantee Through Channel Four-year guarantee available to customers buying certain printers through partners Design Patents: Redrawing the boundaries of ownership Imagine the situation where the manufacturer of your car restricts you to drive your car only on weekdays or compels you to fill fuel at a specified fuel station. Yes, this could…

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What Does HP’s Instant Ink Program Signal for the Enterprise?

HP’s Instant Ink program is focused on retail printing customers, but it has serious implications for the entire printing industry. Consider first what Instant Ink offers the retail customer and then consider what the broad implications are. HP states that the company’s Instant Ink program addresses the two pain points for retail printing customers: Cost/value…

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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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Headline Rollup for October 20, 2016

Xerox Services Survey Finds Retention Tops Cost Management for Employers’ 2017 Priorities Employers appear to be loosening their purse strings as they shift their focus from cost control to rewarding top performers. Fifty-three percent of respondents in Xerox (NYSE: XRX) HR Services’ 2017 Compensation Planning Survey report that their highest priority in the coming year…

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Are You Awash in Data?

As Photizo has been developing its Advanced Analytics practice we hear from clients that the problem is not having enough data, the question becomes “What to do with the data we have acquired?” In essence, the key challenge is getting the most value from your data in a manner that creates better business outcomes and…

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What are Potential Game Changers for the Hardcopy Industry?

For a mature industry, the hardcopy industry continues to change at a dizzying 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, Canon’s Pixma CISS printers,…

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Headline Rollup for October 18, 2016

Hewlett Packard Laying Off up to 4,000 Employees HP Inc. expects to lay off between 3,000 and 4,000 employees in the next three years amid slumping demand for its products, the company said Thursday. Xerox – Yeah, Xerox – Has Found a Way to Bust Carpool Lane Cheaters JOSEPH AVERKAMP COLLECTS stories about how people break…

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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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Headline Rollup for October 13, 2016

Sharp Corporation Appoints Doug Albregts as President and CEO of Sharp Electronics Corporation MAHWAH, N.J., Oct. 13, 2016 /PRNewswire/ — Sharp Corporation today announces the appointment of Doug Albregts to the role of President and Chief Executive Officer of Sharp Electronics Corporation (SEC), their wholly owned subsidiary that manages the Americas business. As part of Sharp Corporation’s recent strategic alliance…

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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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Is Financial Pressure Reducing Industry R&D spend?

There are many reasons why shareholders have wanted to invest in the imaging industry. A few reasons have been revenue growth, profit growth, the business model (supplies annuity), impressive technology, new stylish products, or even dividends. As shareholder expectations have increased for the industry (and the fact that management bonuses are tied to growth), most…

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Headline Rollup for October 11, 2016

Why HP Thinks 3D Printing is the Future CEO Q&A: George Brasher, the hardware firm’s UK boss, discusses innovating as a big business, disrupting manufacturing and mastering first time management. OKI Data reveals newest ColorPainter printer OKI Data Infotech Corp., announced an addition to their line-up of high end printers with the new 64-inch wide-format ColorPainter 3-64s printer.…

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