May 11, 2012
As part of the OEM’s plan to expand its Indian operations by 78 percent CAGR (Compound Annual Growth Rate) over the next four years, Lexmark has chosen to build upon its MPS capabilities in India, reports Biztech2.com.
With Lexmark’s MPS programme claimed to already be benefitting the country’s educational industry, financial services, IT services and the government, the company hopes to further strengthen the programme after completing three software acquisitions to be integrated into its stand-alone company, Perceptive Software.
The acquisitions include Brainware, which is described as being “a provider of intelligent data capture”; ISYS, a “federated search and document filtering technology provider”; and Nolij, which is a company that provides “web-based imaging, document management and workflow solutions for the higher education market”.
Shailendra Aragula, Country Manager for Lexmark India, expressed the importance of Lexmark’s MPS programme, noting: “Adoption of MPS among Indian enterprises is increasing due to rise in digital content. However, many still work in the traditional hardcopy environment and require strong solutions for managing security risk and regulatory compliance.
“[Lexmark] are well positioned to help Indian enterprises increase productivity and save cost by assessing potential risks to their documents, their information and their network infrastructure, and integrate the appropriate solutions.”
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