Toshiba financial woes update
– Company asked a Japanese law firm to help estimate the potential financial impact it if decides to allow its U.S. nuclear division to file Chapter 11 bankruptcy
– Terry Gou, CEO of Foxconn, announced he is a serious bidder for the memory chip division of Toshiba, stating that he also saved Sharp from financial distress. o Toshiba stated it will accept bids until 3/29/17 for the division (asking $9 billion)
– Company also stated that it has put up its Landis+Gyr smart meter manufacturing division, which is acquired in 2011 for $2.3 billion. (asking $2 billion)
– Also considering selling its stake in Toshiba Machine (manufacturer of molding machines) (asking $134 million)
Samsung’s leader is indicted
– Lee Jae-yong, Samsung’s de facto leader, was indicted in South Korea on bribery and embezzlement charges
– Mr. Lee was arrested on 2/17/17 and 4 other Samsung executives were also indicted, but not arrested
– 3 of the 4 indicted have already resigned from Samsung
– “We are preparing hard, thinking that the upcoming Samsung trial could be the trial of the century that the entire world will be watching.”; stated special prosecutor Park Young-soo.
– Mr. Lee inherited the business from his father, who was convicted of bribery and tax evasion
Xerox buys another dealer
– Announced that its Global Imaging division acquired Laser Resources Inc. of Des Moines, Iowa
– LRI is a dealer for Konica Minolta, Canon, Toshiba and Lexmark
– Former owners, Bob Lashier & Andy Lashier will remain on as president and VP.
– Purchase price not announced (Xerox stated it would spend $100 million on acquisitions this year)
Xerox pays down some debt
– Announced it plans to retire $300 million in debt
– Will also target another $300 million of debt to exchange for new debt
– (some industry pundits believe that this could be in preparation for sale)
Xerox wins production print contract
– Award from Central Mailing Services of Kings Norton, Birmingham, England
– Installed a Versant 2100 production color laser system and a Nuvera 157 production b/w system
Fujifilm reports earnings
– Reported its Q3 FY2017 numbers for period ending 12/31/2016
– (maker of most Xerox-branded printers and MFPs)
– Total sales down 5.4% to $5.4 billion
– Operating profit down 4.9% to $472 million
– Operating profit margin of 8.7%
– Net income up to $405.6 million
– Document Solutions division (MFPs/printers) down 8% to $2.4 billion o Operating income down 7.9% to $139.3 million
PrintFleet announces partnership
– Now partnering with Q2 Inc., a national distributor of non-OEM print cartridges
– Intent is provide a just-in-time supplies fulfilment program across the U.S. for those that use PrintFleet’s managed print service program software
Ricoh launches new 360 camera
– Launches the Theta series, a 360 degree view digital camera
– Capable of live streaming 2K video at 30 frames per second (fps)
– Outputs video through either HDMI or USB
– Records onto a micro SD card
Ricoh claims success with high end press
– Company claims it has now installed 60 each of the Pro VC60000
– A high speed continuous feed production color inkjet system with aqueous ink
– Used by commercial printers primarily for direct mail
Ricoh wins production print contract
– Award from Print Three, a commercial printer in Calgary, Alberta, Canada
– Installed a Pro C9110 production color laser system
– Reasons given for choosing include ability to run 400gsm stock, and top speed of 130ppm
Ricoh wins award
– Won the “Insights to Action” award from Qualtrics
– Given due to Ricoh’s ability to “create actionable insights that drive innovation, growth, and organizational success”
– Ricoh is a customer of Qualtrics, and uses its solution to “streamline feedback loops” and improve customer service.
Ricoh launches new color A3 printers
– Now shipping the SP 840DN and SP 842DN, both are color laser A3 printers based on existing Ricoh MFPs
– Top speeds of 45ppm and 60ppm respectively
– Offer same finishing options as their MFP counterparts
– Have the 10.1” touchscreen color LCD panels as MFPs
– Base MSRPs of $3885 and $5139
– Built-in print controller o Actual maker unknown
o USB and 10/100/1000BaseT ports standard
o PCL, PS print drivers standard
Canon claims success with high end press
– Company claims it has now installed a total of 70 each of the Oce’ VarioPrint i300
– Is a high speed cut sheet production color inkjet system using aqueous ink
– Commercial printers using for direct mail, personalized color books, manuals and educational publications
Canon wins production print contract
– Award from DD Enterprises of Lucknow, India
– Installed an imagePRESS C10000VP production color laser system
– Reasons given for choosing: o 2400x2400dpi
o Ability to handle up to 350gsm stocks
Kyocera continues management change
– Company recently named new president, Goro Yamaguchi, who then made following changes:
– Director and Senior Managing Executive Officer = Yoji Date
– Managing Executive Officer (electronic components) = Keiji Itsukushima
– Managing Executive Officer (communication equipment) = Takashi Sato
– Senior Executive Officer (ceramic materials) = Takashi Okunosono
– Senior Executive Officer (R&D) = Masahiro Inagaki
– Executive Officer (electronic components) = Hironau Kudo
– Managing Executive Officer (document solutions) = Norihiko Ina
– Executive Officer (ceramics) = Masaki Hayashi
– Executive Officer (electronic components) = Shigeaki Kinori
Kodak wins production print contract
– Award from Advocate Printing of Dieppe, New Brunswick, Canada
– Installed a NexPress ZX3300 production color LED system
– Reasons given for choosing include 5th color option and ability to run sheets as long as 39.37”
HP wins production print contract
– Award from Pazazz Printing of Canada o Installed an HP Indigo WS6000 production color system, which included the 5th toner option for fluorescent pink toner
– Award from Hudson Printing of Salt Lake City, UT o Installed an HP Indigo WS7250 and Indigo 10000 production color systems
– Award from CRD at University of North Texas o Installed an HP Indigo 10000 production color system
– Award from Baker Self Adhesive Labels Co, Ltd. of Brentwood, TN o Installed two IndigoWS6800 production color web systems
Xeikon wins production print contract
– Award from Jaakkoo-Taara-Oy, a commercial printer in Finland
– Installed a Xeikon 3500 production color LED system
– Will be used to produce folding cartons for pharmaceutical, healthcare and food industries
– Chosen for its ability to offer 5 colors of toner and top speed of 600 meters/hour
Photizo Group study on MPS opportunity
– In North American market, Photizo Group believes that $8 billion of the $11 billion managed print services contract opportunity is found penetrating existing accounts
– Only $3 billion of the total opportunity is associated with capturing new to MSP accounts
– 34% of companies currently under an MPS contract are considering switching MPS providers
Copier dealer buys managed IT firm
– Atlantic Tomorrows Office announced it has acquired Praxis Data Systems of Gibbsboro, New Jersey
– Combined company will cover south New Jersey and greater Philadelphia, PA area
– Atlantic is a dealer for Konica Minolta, Kyocera, HP, Ricoh & Toshiba
Doc management company makes buy
– M-Files Software Inc. of Dallas, TX, maker of document management solutions, announced it has acquired StreamDesign of France
– StreamDesign is an information management firm that is a reseller of M-Files.
Sharp to carry power filter lineup
– Sharp (now owned by Foxconn, aka Hon Hai Precision of Taiwan) announced it is reseller for Innovolt products
– Innovolt makes power protection and power analytics solutions
Apple trashes printers in new ad
– Launched a new series of TV ads for its iPad Pro tablet computer
– In one of the ads, Apple makes case that with table and a pen, documents do not need to be printed, but instead received, signed and sent electronically
– Claims that if confidential document is printed, user has to run to printer before any coworkers can see the confidential document
Reasons why not to buy copier on web
– Most likely not being sold by an authorized dealer
– Finishers, paper decks, stands, not likely included in price
– Vendor can not support manufacturer’s warranty
– Installation and assembly not included in price
– Network install not included in price
– Delivery most likely lift gate only
– No phone support from vendor
– Most likely the unit is actually a refurb system, and service history probably not available
DocuWare hires marketing exec
– Announced it has hired Kevin Potts as Chief Marketing Officer
– Previously similar role at Oracle Corp, and Lexmark/Perception Solutions
– “In the short term, it’s helping DocuWare realize its bold growth plans”
– “That means extending sales beyond our core channel business”
– “The key to our growth strategy is to drive more direct sales”
Two large dealers in Europe now one
– Apogee, a large Ricoh dealer in England, announced it has acquired Danwood
– Danwood, also headquartered in England, is a dealer for Konica Minolta, Sharp, Samsung, Xerox, Kyocera, HP and Canon
– Danwood has 18 locations across England and Ireland.
– Purchase price not announced
Man arrested for smashing copier
– New Town, North Dakota police arrested Lukas Ksotelecky, an auto shop teacher at New Town High School
– Apparently, he used a hammer to smash one of the school’s copiers
– Police responded to a call of teacher “freaking out”
– The school has placed him on administrative leave
– Faces a maximum of 5 years in prison
Doc management firm has new owner
– Clearlake Capital Group of Santa Monica, CA announced it has acquired NetDocuments, maker of cloud-based document management solution
– Matt Duncan will remain on as CEO
– Company claims that 20% of the largest law firms in the U.S. use its system
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HEALTHCARE VERTICAL NEWS
Epic wins EHR contract
– Award from CVS Health for its specialty care management program
– Includes Accordant division
Quest Diagnostics wins EHR contract
– Award from Ormond Medical Center of Ormond Beach, Florida
– Included Quanum Practice Management solution
Surescripts has more partners
– Use of using Surescripts system for locating patient records will now be used by Saint Francis Hospital and Medical Center, Singing River Health Systems, SLUCare Physician Group and WVU Medicine
– All will use the NRLS, bumping total number of IDNs to 14 nationwide
– NRLS now provides access to clinical records for 230 million patients in all 50 states
Healthcare market for 3D printers
– Research published by Hexa Research Inf.
– Total market predicted to have a 16% CAGR (cumulative annual growth rate) until 2020
HIPAA & Data Security Update
– West Virginia University Health System notified 7,445 patients that their PHI was exposed after an employee at Berkeley Medical Center was caught removing paper records from office.
– Kingman Regional Medical Center of Arizona notified an unknown number of patients that their PHI was exposed after a “software glitch” caused their info to be mailed incorrectly.
– Emory Healthcare of Atlanta, GA notified 79,930 patients that their PHI was exposed after being hit with ransomware. The EHR is now restored, but officials would not answer as to whether or not they paid the ransom.
– North Carolina Department of Health and Human Services notified 12,731 Medicaid patients that their PHI was exposed after an employee sent the info in an unencrypted email to adult care homes.
– Vanderbilt University Medical Center of Tennessee notified 3,247 patients that their PHI was exposed after it was illegally accessed by former employees.
– American Senior Communities of Indiana notified 17,000 employees that their personal info was exposed after an employee was hit with phishing attack.
– Security researchers at TrapX Inc. notified CIOs that a new form of malware, named MEDJACK, was created specifically to attack the healthcare vertical in the U.S. The hackers use to try to penetrate an endpoint (such as a medical device) and then enter the healthcare system’s network
– Sharp Health of San Diego, CA notified 750 patients that their PHI was exposed after the theft of a computer and external hard drive.
– Catalina Post-Acute and Rehabilitation of Tucson, AZ notified 2,953 patients that their PHI was exposed after paper records were left in area unattended and accessible to the public.
– Brandywine Lock-N-Stock in Zanesville, OH notified the following healthcare facilities that paper PHI records were stolen that were in storage: o Genesis Healthcare
o Capital Prosthetic & Orthotic Center
o Vision Care
– University of North Carolina School of Dentistry notified 200 patients that their PHI was exposed after a laptop computer was stolen.
– Family Services Rochester of Minnesota notified an unknown number of patients that their PHI was exposed after a ransomware attack.
– St. Joseph’s Hospital and Medical Center, part of Dignity Health IDN, in Phoenix, AZ, notified 623 patients that their PHI was exposed after it was illegally accessed by an employee.
– Lexington Medical Center of Lexington, SC, notified an unknown number of employees that their personal info was exposed after a phishing attack.
– Brand New Day (aka Universal Care Inc.) of California notified 14,005 patients that their PHI was exposed when accessed illegally by employee.
– Family Medicine East of Kansas notified 6800 patients that their PHI was exposed after a theft occurred.
– The Dr. Jeffrey D. Rice Clinic of Ohio notified 1586 patients that their PHI was exposed after a theft.
– Bloom Physical Therapy of Arizona notified 500 patients that their PHI was exposed after illegally accessed by former employee.
– Herjavec Group published study which found: o Cost of cybercrime will exceed 4^ trillion annually by 2021
o Cybersecurity defense costs will exceed $1 trillion from 2017 to 2021
o By 2020, 25% of attacks will involve IoT
o 85% of security experts belive 50% of IoT products are insecure
o Ransomware attacks have risen 300% in 2016
o Malware is produced by hackers at a rate of 230,000 new samples per day
