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MPS Monitor reports 40% YOY growth

April 15, 2021

Cloud-native platform and key industry partnerships drive demand for MPS Monitor 2.0, its remote monitoring solution targeted at print dealers and MPS providers, the company said.

MPS Monitor has announced that it reported a 40% year-on-year (YOY) revenue growth in 2020. Despite the challenges presented by the global pandemic, the combination of a print solution specifically engineered as a cloud-native platform along with partnerships with technology leaders, including HP, Microsoft, Okta and Asolvi, has seen the Milan-based company successfully meet the rapidly evolving print needs of dealers and MPS providers worldwide.

An independent validation of MPS Monitor’s solid position in the print ecosystem, came in the form of a detailed Vendor Profile Analysis published by IDC in March 2021. It stated that ‘MPS Monitor is a strategic player in the market…’ and that it provides ‘… added value to customers and channel partners alike with a robust solution that offers capabilities beyond traditional device management platforms.’ The report added that: ‘With its cloud-based architecture, vendor-agnostic approach, security focus, and direct integration with HP Inc.’s Smart Device Services (SDS) and Microsoft Universal Print (UP), MPS Monitor is uniquely positioned to help meet the evolving needs of the hybrid workforce.’

IDC’s report comes soon after Quocirca, the print industry’s leading source of independent market insight and advisory services, published “The Print Security Landscape, 2020”. In addition to revealing the concerns of IT decision-makers in Europe and the US about the risks of printing and declining confidence in the ability to protect the print infrastructure against security breaches, the report stated that “MPS Monitor 2.0 is a cloud-based print management platform that offers a robust solution for MPS providers and channel partners to provide integrated print management to their customers.” It added that “MPS Monitor provides an effective way for channel partners to deliver foundational print security management to their customers.”

Commenting on its growth, Nicola De Blasi, CEO of MPS Monitor, stated: “Due to the pandemic, last year was extraordinarily challenging from a health, social and economic perspective. This presented businesses with barriers and hurdles they had never encountered before, putting them and the print ecosystem under pressure to respond quickly to the rapidly changing business landscape. Our founding vision for MPS Monitor to be a cloud-native platform, proved to be correct; we had the right solution at the right time for our print dealer community as they worked with their clients to build new print models for the new world. IDC’s recent and positive Vendor Profile is an endorsement of our strategy, which sees us focused on accessibility, flexibility, security and industry partnerships in order to benefit the channel partners that we serve, both now and in the future.”

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