Annodata short listed for Business Awards

May 27, 2016

Awards-300x200The MPS provider is a finalist at the Comms Business Awards.

The 2016 awards will take place in London 16 June and will recognise companies for their hard work in the industry. After years of successful turnover, profit growth, diversification and development, Annodata has been recognised in the “Sunday Times Fastrack 100 publication”, said the company’s report.

The company has strong relationships with important industry wholesalers and a strong commitment to customer service. Annodata’s annual revenue is £80 million (€104 million) which is up from £68.9 million (€90 million) in 2015 and is on track to its projected goal of £100 million (€131 million) by the end of 2016.

“One of the key contributing factors to Annodata’s success is the fact that we have the ability to supply a broad range of services, which allows us to establish deeper relationships with our customers as they look to streamline the number of suppliers they work with,” said Rod Tonna-Barthet, Annodata’s CEO, “Annodata continues to maintain very strong balance sheets, never having had to rely on bank funding, and we have grown significantly thanks to a healthy mix of organic growth and acquisitions. We have experienced many changes over the past few years, but certain things will always remain the same,” he continued, “a commitment to nurturing staff, the consistent support we provide our customers and the application of innovative technology, ensuring that we stay on top form.  We are delighted that the efforts of the team are being recognised with this recommendation as a finalist in the Reseller the Year category at the Comms Business Awards,” the CEO concluded.

 

 

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HP Inc. shares up two percent

May 27, 2016

hplogonew-200x114Within the fragile market for hardware the OEM is confident.

Company shares were at $12.45 (€11.13) up by two percent, Reuters reported, and said that this was due to “aggressive cost cutting helped counter weak demand for personal computers and printers”. Bill Kreher, tech analyst at Edward Jones, said. “I believe the general sentiment from HP Inc. investors is that it could have been much worse given how poorly the PC market has been expected to be and the poor PC sales numbers put forth by peers.”

There was a fall in total costs by 10.3 percent to $10.75 billion (€9.6 billion) in the second quarter from 2015. HP is on the road to cutting costs by more than $1 billion (€.8 billion) and reaching its target, said Dion Weisler Chief Executive. HP Inc.’s programme to restructure the company will see 3,000 jobs go by the end of the year and not over a period of three years as previously announced.

In the personal systems business, revenue fell by 9.9 percent in the second quarter while printing revenue dropped by 15.8 percent. The OEM dropped the “top end of its 2016 adjusted profit forecast to $1.65 per share from $1.69, leaving the low end unchanged at $1.59”, the report said, and earnings from ongoing processes fell to $660 million (€590 million) from $733 million (€655). Company revenue fell 11 percent.

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Dove Electronics and HP sign deal

May 26, 2016

HP Enterprise logoThe two companies have struck up a distribution deal.

Dove Electronics’ headquarters is based in Christchurch New Zealand and is a distributor of “office printers and consumables” and will now also cover The HP brand. “Chris Rycroft, Dove Electronics general manager, says the deal covers HP’s mainstream office printers, inkjets and consumables but doesn’t include the DesignJet wide format offerings” reported ChannelLife.

Ryecroft says that Dove has the HP stock and it is listed on the web site as the deal was signed last month. “The HP appointment adds credibility to our decision [to focus on the] print space and our strategy,” he said, and added, “we do want to be a core print distributor.”

The company also signed a distribution deal with OKI earlier in the year, “We’ve got five print brands now, and that’s probably enough for our short term strategy.” Dove’s main sales are from notebooks and desktops and now print will be a key player as well. “We’re looking to offset the decline in OEM to growth in print. We also want growth in the other categories as well, but we see print as a long term distribution offering. We still think OEM will have a long decline, but it is in decline.

Rycroft said that although print is seen as a dying market he feels that there may be less pages printed but more printers sold. “There are less opportunities but there are still plenty out there. We’re pretty comfortable with the size we are and the channel we’ve got, that there is plenty of opportunity, despite it being squeezed from the enterprise coming down [wanting as-a-service] and retail coming up.There is still a substantial reseller business in the middle.” He added that the “decentralisation of print within [..] businesses is offering up new opportunities for resellers”.

“There are quite large segments of decentralisation of print within a building, so rather than having a large print room, we’re seeing far more distributed printers, smaller boxes, colour options and different niche options within a building because perhaps the marketing department or accounts or other areas need specific types of printers,” adding that, “That fits more into a reseller looking after the print requirements of a site, rather than a large single brand vendor-managed site.”

“We have put thought into how we can do more in the managed print space, but print-as-a-service struggles through distribution as well. We can facilitate the message on behalf of the vendors, but as far as passing the transactions through, it is extremely difficult to do that managed print for the channel. And most of the higher end enterprise stuff is done as a managed solution, not a box drop.”

Dove Electronics will focus on being “the long term stable, traditional distributor”.

“If you look at our brand line up it doesn’t naturally lend itself to as-a-service, so we would end up being bits and pieces. Conceptually, I find it difficult to see how a distributor can sustainably offer a service. By all means, they add value now but five years out what will they be doing other than adding a consolidation portal. And without the existing relationships with the likes of VMware and other ones, we’re just not into that space. We see our future in the core product distribution of print and consumables, laptops and peripheral products such as Logitech.”

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Royal Imaging International unite with Print Tracker

May 26, 2016

print trackerThe two companies have formed a partnership.

In a press release Print Tracker announced the news and said that the customers of both businesses can now receive “device information” collected by Print Tracker and have that information forwarded directly to Royal for toner and parts orders. Print Tracker software features remote collection of information from copiers, MFPs and printers as well as metering toner so that when an alert is triggered the server, Print Tracker, will notify the dealer in this case Royal Imaging International.

“After a comprehensive quest to find the best MPS solution for Royal’s customers, we are proud to be partners with Print Tracker,” said Royal Imaging International CEO Tom Ghyczy. “Sales and Marketing Director Brian Dawson has been great. He is highly professional and his product demonstrations were extremely informative.  Our customers will benefit greatly in working directly with him.”

Print Tracker President Lance Hale said “We are always open to partnering with strong industry providers whose focus is on customer service. We are pleased to let our clients know the Royal team has found our software capable of providing the accuracy needed for fast and reliable supply replenishment.”

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PrintFleet Wins Award

May 26, 2016

The company were awarded the title of Best Print Management Solution Provider.printfleet

A press release from PrintFleet Inc., a world leader in MPS, announced that they have been awarded “Best Print Management Solution Provider 2016” by CEO Insight magazine. This is a European publication and covers management problems that face “modern business leaders”. Winners of the award are chosen from “nominations, suggestions and reader contributions”.

The award recognises “best practices and innovations” throughout the business communities in Europe. Companies are presented with Best in Class awards for their achievements in a wide range of skills and are acknowledged for leadership and influence of the market in their respective area of business.

“ We are thrilled to receive the award for ‘Best Print Management Solution Provider 2016’ from CEO Insight magazine,” said Chris McFarlane, President & CEO, PrintFleet. “Recognition within the European market allows us to leverage further partnerships to grow our global network and continue to enable customer success and satisfaction. Collecting accurate, reliable data is a core tenet of PrintFleet’s business, as is providing exceptional customer experience.”

 

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HP to split again

May 25, 2016

The OEM is to merge its IT services business with Computer Sciences Corp. (CSC).HP Enterprise logo

Having split the company in 2014 into two separate companies (at a loss of 30,000 jobs), HP Enterprise and HP Inc. Arstechnica reported today that a second split is about to take place and that HP Enterprise is to merge its IT services with CSC to create a new company known as SpinCo. The original IT service business was bought for $14 billion (€12 billion) after acquiring EDS in 2008.

HPE CEO Meg Whitman “will be on the new company’s board” and board members will be nominated by both companies so that there are half each. CSC’s CEO Mike Lawrie will become “CEO of the new company”.

HP Enterprise said that the deal will save approximately $1 billion (€0.8 billion) in costs and “shareholders will own shares in both companies” and own half of the newly formed company worth around $4.5 billion (€4 billion). A cash dividend of $1.5 billion (€1.3 billion) will be given to shareholders, while $2.5 billion (€2.2 billion) in debt will be moved to SpinCo’s books.

Before the split Whitman announced plans to “replace 60 percent of the IT staff from the U.S. and Europe with cheaper workers [from] Costa Rica, the Philippines, Bulgaria and India,” to increase profit. There has been a decline in annual revenue from the IT service business; “Lawrie estimates the new company will have a revenue of $26 billion (€23 billion)” as opposed to the current $20 billion (€17 billion). “The deal is expected to close by March 2017

 

 

 

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Russian printer market growing

May 25, 2016

The market is set to grow at 0.53 percent.Russia

Due to the increasing internet use, smartphones and cloud storage, the growth of the printer market in Russia is “poised to grow at 0.53 percent CAGR over the forecast period (2013-2018)”, according to a market analysts, reported Globenewswire. There is a 10-11 percent annual growth rate in the printing industry in Russia despite the hindrance of the recession in 2008.

Russia joined the World Trade Organisation in 2011 and will be able to remove restraints that prevented companies “establishing manufacturing bases in the country” and the “American Technology Print Centre established in 2003 has helped connect distributors and manufacturers”. The market growth will be enhanced by the printing of “books and novels at economical rates”. Printing is mainly black and white as the cost of colour inks are considered too high.

Further investments may take advantage of new technologies such as 3D printing, print packaging and MFPs. Russia’s printer market is versatile and manufacturers include CanonInc.,Xerox Corp., Hewlett-Packard Co., Samsung Electronics Co.Ltd. and Seiko Epson Corp.

 

 

 

 

 

 

 

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BMW and Nike trial HP Inc.’s first 3D printer

May 24, 2016

HP anticipates that its 3D printer will “revolutionise manufacturing”. 

The OEM says that its printer is “ten times faster and is half the cost of current 3D print systems”, reported Computer Weekly. At a cost of €120,000 ($134,000) HP Jet Fusion is used for design, prototyping and manufacturing. President of HP’s 3D printing business, Stephen Nigro, said, “Our 3D printing platform is unique in its ability to address more than 340 million voxels per second, versus one point at a time, giving our prototyping and manufacturing partners radically faster build speeds, functional parts and breakthrough economics.”

Nike have for several years used the technology to create its footwear and Tom Clarke, President of Innovation at Nike said, “We are excited to partner with HP to accelerate and scale our existing capabilities as we explore new ways to manufacture performance products to help athletes reach their full potential.”

The car company BMW sees this technology as a chance to customise and personalise its cars. Jens Ertel, Head of BMW Group Additive Manufacturing Center commented that, “We see major potential in our partnership with HP to investigate this new kind of 3D printing technology at an early stage. As one of the first partners, we had the chance to see the constant evolution of the machines over time, from the first prototype approximately five years ago to the market ready product available now.”

HP said “the printer could be used to print embedded intelligence, such as sensors for the internet of Things (IoT) or embed invisible traces or codes, for increased security and traceability in supply chains”. The OEM will use the printer to build parts for “future models” and imminently, “50 percent of the custom plastic parts for the HP Jet Fusion 3D printers are expected to be printed and produced with HP Multi Jet Fusion technology versus traditional manufacturing methods”.

 

 

 

 

 

 

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New role for Ursula Burns at Xerox after split

May 23, 2016

Xerox reported that she will not be the CEO of either company.

The company, which announced in January it would split, said that Burns will “serve as chair of the Document Technology Company” after the company completes its separation. The restructuring of Xerox is set to cost thousands of jobs before the split573f18b54a9f7_image.

Burns said, “When we first undertook the structural review of the company, I deliberately took leadership off the table, particularly my role. My decision-making process has been grounded in making the best decisions for Xerox and for me personally, in that order. We’re well underway with the CEO searches for both the document technology and the BPO companies.” Burns added that it was, “a little bit of a sad day for me, but a happy day as well.”

 

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Epson expect stronger sales and greater exports.

May 23, 2016

Economic growth has encouraged sales in the Philippines.Epson logo

Due to an economic upsurge in the domestic sector, Epson Precision Philippines Inc. believes sales will be greater than those of its counterpart in the region, reported The Standard. Epson’s Head of Marketing Division, Ed Bonoan, said, “We are quite bullish about this year. The past few years we’ve been blessed with good economic growth, which spurred demand for our products. So, the same thing also [for this year], it looks like the Philippines is expected to be one of the leaders in growth in terms of countries with regards to its neighbours. The economy seems be doing well and it’s suspected to do well, we also expect that we will be able to take advantage also of the demand generated by good economic situation.”

The economy is expected to grow this year 6.8 percent to 7.8 percent, as measured by the gross domestic product. Bonoan said that “Epson Philippines expects revenues to expand by double digits this year, driven by higher sales of inkjet printer and projector”. He also stated that, “We are doing a lot of sales with regards to inkjet and we are still expected to grow in terms of our market share, [but] I cannot share how much we will grow in terms of market share. We expect that business condition will be a good driver for growth and also our readiness in terms of competition put us really at an advantage that why we are also help propel our growth,” adding that “ Epson planned to expand operations in Visayas and Mindanao”.

Earlier Epson said that it anticipated to start operating the new plant in Batangas by 2017 so that they could increase manufacture of ink jet printers and projectors for “local market and exports to the US, Japan and China”. The new venture in Lipa City started construction last year and is expected to increase the volume of production yearly by 1.2 million units of printers and projectors. The current manufacturing plant produces 6 million a year. The facility is installing solar power as a generation system on the roof of the new factory to help save electricity and power

“Geographically we are seeing a lot of growth in provinces, so there’s a lot of room for expansion in provinces which [is] exactly [where] we are going. We are doing a lot of ramping up for our initiatives, not only the major cities but secondary cities,” declared Bonoan.

 

 

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