There has been much talk about disruption in the print industry, particularly with the latest acquisition of Samsung’s printer business by HP, where HP boldly claims it will disrupt the copier market. The market has seen a wave of consolidation – HP now operates as two separate companies, Xerox has separated its technology business and its service business, now called Conduent.
HP Inc. has set the stage for its ambitious plans to seize market share in the A3 copier/MFP market. On the back of its announcement to acquire Samsung’s printer business in a transaction valued at $1.05 billion, it launched its new A3 multifunction printers (MFP) portfolio to much fanfare at its Global Partner Conference in Boston on 12th September.
Samsung Printing Solutions held its European Printing Partner Summit from 8th – 9th June in Budapest, Hungary, hosting over 250 attendees from 22 European countries. Under the theme of “The Next Big Thing in Printing Solutions,” Samsung showcased its product portfolio of smart printing solutions and printing hardware, as well as its Channel Managed Print Services (MPS) + Plus program.
The past year has seen some major changes in the print industry, as vendors face the ongoing challenge of remaining relevant and profitable in a mature market. Commoditisation and flat to declining print volumes are conspiring to push traditional print hardware vendors to broaden their product and services footprint. Such trends have driven Xerox to make yet another attempt at transformation.
At its recent Inspire Expo event in Malta, Sharp Europe unveiled a new strategy and vision for broadening its portfolio of products and services to address the needs of the interconnected office.
Sharp has stepped up its managed print services (MPS) initiatives as it looks to capture more mindshare in a highly competitive market. At its UK launch of its new Optimised Managed Services (OMS) on 1st October 2015, Sharp demonstrated a hardware and software portfolio that aims to addresses the information management needs of the whole enterprise.
Amidst a rapidly evolving threat landscape, where malware and exploits continue to proliferate, endpoint security often fails to adequately protect networked printer and multifunction printer (MFP) devices. With its new enhanced LaserJet enterprise printer range, announced on 22 September 2015, HP is demonstrating its serious commitment to closing the print security gap.
The circular economy is fast gaining ground as the latest buzzword in sustainability, bringing together emerging practices such as collaborative consumption and traditional concepts such as recycling and remanufacturing. The circular economy aims to eradicate waste, departing from the linear “take, make and dispose” model and its reliance on infinite natural resources and energy. According to McKinsey, each year around 80% of the $3.2 trillion worth of materials used in consumer goods are not recovered.
At its recent press event in Monaco, Samsung outlined its latest plans to expand its foothold in the enterprise printing market. As a company, Samsung is already in the midst of looking for new revenue streams for growth, as focus shifts from its consumer business and it looks to better serve larger businesses and deepen its relationship with the enterprise customer.