Ricoh to offer more toner colors?
– Current Ricoh Pro C7100X production color series has optional white or clear toner for its 5th toner station
– According to Gap Intelligence, the company is considering adding metallic and fluorescent yellow toners as options, but no pricing or ship date announced
Ricoh posts dismal first half earnings
– Total sales down 11.3% to 971.4 billion yen o In Americas, down 17%
– Operating profit down 70.5% to 16.5 billion yen
– Interest bearing debt increased 53% to 905.8 billion yen
– MFP/printer division revenue down 13.5% to 615.1 billion yen
– Production print division revenue down 11.9% to 95.3 billion yen
Ricoh wins production contracts
– Award from CWS Print Services of Austin, TX o Installed Pro C9100 and Pro C7100X production color systems
– Award from PC Creative Services of San Antonio, TX o Installed a Pro C7100X production color system
Ricoh set to launch new color A3 MFPs
– Set to ship the new MP C6503SP and MP-C8003SP models
– Top speeds of 65ppm and 80ppm respectively
– Use 4 tandem OPC drum design
– Will replace the C6502 and C8002 models
– Base MSRPs most likely around $30K and $39K respectively
– 10.1” color LCD touchscreen display o $165 for 101 key keyboard and bracket
– Built-in motion detection to wake from sleep mode
– VCSEL (vertical cavity system emitting laser)
– Uses PxP EQ polymerized toner
– Advertised as offering up to 4800x1200dpi (does not offer true 8 bits per pixel)
– 38 second warmup time
– 3500 sheet standard paper supply o Can upgrade to 8100 sheets
o New paper decurl feature
o Holds up to 13”x19.2” sheets
– Document feeder holds up to 220 originals o scans both sides at same time
o top speed of 120opm or 220ipm
– $295 for optional 200dpi fax board o $95 for RAM to increase to 400dpi
– 1200x1200dpi (does not offer true 8 bits per pixel)
– Finishing options to include stapling, booklet making, folding and hole punch
– Built-in print controller o Actual maker unknown
o 1.33GHz Intel Atom Bay Trail Processor
o Android operating system
o 4GB RAM
o Comes standard with web browser
o 250GB hard drive §
$479 for data security kit
o $530 for network security kit
o Scan to email/LDAP/SMB/FTP/URL/USB/TWAIN
o PCL print driver standard §
$589 PS print driver option
§ $115 XPS driver option
o 10/100/1000BaseT & USB ports standard
o Wireless LAN, Bluetooth, NFC standard
o $739 for file format converter kit for hard drive storage
o $335 for OCR board
o Optional EFI Fiery controller
Ricoh shipping new b/w A3 MFPs
– Launched the MP 6503, 7503 & 9003 models
– Top speeds of 65, 75 and 90ppm respectively
– Replace the 6502, 7502 & 9002 models
– Base MSRPs of $6890 and $9330
– 10.1” color LCD touchscreen display o $165 for 101 key keyboard and bracket
– Built-in motion detection to wake from sleep mode
– 25 second warmup time o 2.9 second first copy out time
– 4300 sheet standard paper supply o Can upgrade to 8300 sheets
o Auto duplex up to 95lb. cover
– Document feeder holds up to 220 originals o Scans both sides at same time
o 120opm or 220ipm top speeds
– $295 for optional 200dpi fax board o $95 for RAM to increase to 400dpi
– 600x600dpi copy resolution, 1200x1200dpi print
– Finishing options to include stapling, booklet making, cover insertion, folding and hole punch
– Built-in print controller o Actual maker unknown
o 1.75GHz Intel Atom Bay Trail Processor
o 2GB RAM (can upgrade to 4GB RAM for $425)
o Comes standard with web browser
o 320GB hard drive §
$479 for data security kit
o $530 for network security kit
o Scan to email/LDAP/SMB/FTP/URL/USB/TWAIN
o PCL print driver standard §
$589 PS print driver option
§ $115 XPS driver option
o 10/100/1000BaseT & USB ports standard
o $739 for file format converter kit for hard drive storage
o $335 for OCR board
Xerox to sell off some direct branches?
– According to some Japanese newspapers, the company is considering selling off its direct branches in the country of India
– Most likely buyer would be Fujifilm of Japan (which makes most of the MFPs and printers that Xerox sells)
Xerox to open new Global location
– Its Connecticut Business Solutions group, announced it is opening a new branch in West Springfield, MA
– Will have large showroom with Xerox, KIP and HP products on display
Xerox makes acquisition
– Company announced that its Global Imaging Systems division has acquired ASI Business Solutions of Dallas, TX
– ASI was a Ricoh and Lexmark dealer
– Former dealer owner, Ken Copeland, and EVP, Scott Wiggins, will remain with company
Xerox to help fund 3D print center
– The Rochester Institute of Technology (RIT) in New York announced that Xerox will donate $1.5 million for new center
– The AMPrint Center will focus on Additive Manufacturing and Multifunctional Printing
– Professor Denis Cormier will lead the 3D printing technology program
Xerox division to move HQ
– As it readies to split off from Xerox, Conduent (managed services firm) has chosen Basking Ridge, New Jersey for its new headquarters
– The stock will trade on NYSE as CNDT
Xerox reports dismal quarterly earnings
– Recorded its 7th consecutive quarter of decline as total revenue down 3% to $4.2b billion
– Net income of $181 million
– $39 million in separation costs (to create Conduent)
– 15% decline in FM, service and rental revenue
– MFP/printer division revenue down 9% o 13.1% margin, down 0.8 percentage points
– Units; high-end color MFPs up 6%, midrange color MFPs up 7%, A4 color MFPs up 16% o High-end b/w down 1%, midrange b/w down 25% and A4 b/w MFPs down 12%
Fujifilm reports dismal Q2 earnings
– Total revenue down 9.6% to 573.9 billion yen ($5.5 billion)
– Operating income down 19.3% to 35.9 billion yen ($342 million)
– MFP/printer division revenue down 9.6% to 273.6 billion yen ($2.6 billion) o Operating income down 8.3% to 22.3 billion yen ($212.4 million)
o Office products down 9.5%
o Office printers down 14%
o Production down 15.9%
o “overall sales volume decreased due to decrease particularly in export shipment to the U.S.” (reference to product made for Xerox)
– May lay off as many as 200 in New Zealand
Epson reports dismal Q2 earnings
– Revenue down 11.9% to 248.4 billion yen
– Business profit down 18.8% to 19.2 billion yen
– Operating profit down 18.2% to 20.7 billion yen
– Printer/MFP division revenue down 23.4% to 161.3 billion yen o Profit down 3.7% to 21 billion yen
Mega dealer makes another acquisition
– DEX Imaging announced it has acquired Omega Office Systems, headquartered in Sarasota, FL
– A Kyocera and Xerox dealership covering area from Naples to New Port Richey
– Adds 15 employees
– Now has 35 branch operations total
– Former Omega owners, Kevin and Stacey Logan will stay on with DEX
Apple reports earnings
– Sold 45.5 million iPhones, down from 48 million during last quarter
– Total revenue of $216 billion, down from $234 million for fiscal year
Cloud revenue continues to grow
– Details from Forrester survey
– Global cloud services revenue to reach $106 billion this year, up 21%
– 35% of companies are only considering cloud for projects
– Financial return is 2.1 times that available from traditional software, up 24%
Square 9 gives out award
– The DM/ECM (document management, forms and enterprise content management) software company gave out its “Distribution Partner of the Year” award to Konica Minolta Business Solutions USA
– Award based on revenue, revenue growth, mindshare, product commitment, strategic direction and overall quality of service
– “Konica Minolta has quickly risen to the upper echelon of our partner channel through a firm commitment to education and a passion to succeed”; stated Stephen Young, CEO.
Lexmark wins MPS contract
– Award from Whirlpool Corp. for managed print services
– 5 year cost savings of almost $3 million o Savings on device cost reduction and consolidation = $1,607,000
o Savings on device consumables = $483,000
o Labor cost savings for device support = $909,000
Canon wins MPS contracts
– Award from Kentucky Country Day School of Louisville, KY o Included uniFLOW cost recovery system (“follow you” printing solution)
– Award from Propex Operating Company LLC of Chattanooga, TN o Included uniFLOW cost recovery system (“follow you” printing solution)
o Integrated with existing fax server
o Reduced output devices by 33%
Canon reports dismal quarterly earnings
– Total revenue down 15.9% to 103.9 billion yen o Operating profit down 48.2% to 36.4 billion yen ($383.6 million)
o Net income down 50.4% to 22.33 billion yen
– Net sales for past 9 months down 11.7% to 2436.3 billion yen
– MFP/printer division revenue for past quarter down 19.5% to 411.2 billion yen o Operating profit down 57.5% to 28.6 billion yen
MFP market to experience growth?
– Absolute Reports has published a new study of the worldwide market for MFPs
– Claims that the total market will grow at CAGR of 2.15% from 2016-2020
Brother scanner survey results
– 52% scan between 11-100 documents per day o 44% scan directly to network server
o 27% scan to cloud
o 19% scan to a DM (document management system)
– 31% of high volume scanners users are in financial services vertical o 30% are in non-profit vertical
– 39% scan to meet confidential, legal or regulatory requirement
iManage wins DM contract from law firm
– Award from Meyer, Suozzi, English & Klein P.C., with offices in Long Island, New York City, Albany of New York, as well as Washington D.C.
– iManage Inc. is headquartered in Chicago, IL
Lexmark wins ECM contract from university
– Award from University of Arkansas
– Installed Perceptive Content enterprise content management system
Men try to cash fake $1 billion bond
– Hugo Barrios Brecino and Michael Ifrah were arrested for allegedly trying to cash a fake 1934 Federal Reserve $1 billion bond at a bank in Fort Lauderdale, FL
– Apparently made by a color MFP
GE to abandon plans for 3D?
– GE originally announced plans to pay $1.4 billion to acquire SLM Solutions Group of Germany and Arcam AB of Sweden, both makers of 3D printers
– Plan is now abandoned after the company failed to receive support from its major shareholders, including billionaire Paul Singer
Toshiba wins digital signage contract
– Award from Crazy Horse Memorial of Black Hills, South Dakota
– Is the world’s largest mountain carving (still in progress) dedicated to famous Native American leader
– Installed Ellumina Virtuoso interactive touchscreen LCD displays to enhance tourist experience
Accusoft releases study of doc management
– 20% of employees in businesses surveyed are not aware what document management tools their companies’ offer o 34% say that their companies’ have had sensitive info compromised due to poor file management practices
– 74% of IT managers report that their firms have a formalized document management solution o 37% say that sharing sensitive info with unauthorized 3rd parties is their greatest data security challenge
nQueue announces mega dealer alliance
– nQueue Software of Tempe, AZ announced that it signed alliance with Pacific Office Automation allowing the mega dealer to become a reseller
– nQueue is provider of cost recovery and document scanning/routing solutions, primarily for the legal vertical o claims that 35% of the 250 largest law firms in the U.S. are current customers
– POA has 25 offices across the states of Oregon, Washington, California, Arizona, New Mexico, Utah and Colorado
Lexmark reports dismal quarterly earnings
– Company still working to finalize its acquisition by a Chinese consortium
– Total revenue down 3% to $846 million (non GAAP)
– Gross profit margin of 41.3%
– Operating income margin of 9.9%
Higher Ed vertical market info
– 2016 Campus Computing Survey results: o 63% of CIOs say their departments are still struggling from recession
o 29.5% have smaller budget in 2016 then they had in 2015
o 24.7% had midyear budget cut
o Top priorities: § Hiring and retaining staff
§ Using tech in classroom
§ Network and data security
§ Providing user support
§ Using tech for student success
§ Supporting mobile computing
§ Supporting online Ed
§ Using learning analytics
§ Offering professional development
§ Planning for IT emergencies
§ Upgrading campus network
– 43.1% of community colleges reported budget cut
– 32.7% of public universities had budget cut
– 18.7% of private college had budget cuts
– 54.6% have student IT fees (average of $233 at public universities)
– 46.8% are considering outsourcing some IT services
Hyland wins OnBase ECM contract
– Award from Loma Linda University Medical Center integrated with Epic EHR
– Hyland and LLUMC jointly presented their ECM install success story during recent AHIMA 2016 Convention in Baltimore, MD o (AHIMA is the American Health Information Management Association)
Large MPS dealer partners with CHIME
– FlexPrint, headquartered in Mesa, AZ, and with locations in other states, offering HP and Ricoh products in managed print services contracts, is attempting to grow its business in the healthcare vertical (i.e. Auxilio, Vereco, etc.)
– Has invested to become foundation member of the College of Healthcare Information Management Executives (CHIME)
– Will participate in CHIME CIO Forum in Phoenix, and HIMSS 2017
– Includes document management system
Canon forms healthcare advisory committee
– Focused on “advancing enterprise print and scan platforms throughout the healthcare industry”
– Will be led by Rick Ranft, Senior Director at Canon, and also by Valerie Belli, VP of Enterprise Managed Services
Two huge IDNs to merge?
– Dignity Health and Catholic Health Initiatives signed a nonbinding agreement to explore aligning their organizations
– Dignity Health is headquartered in San Francisco, CA and owns 39 hospitals across California, Arizona and Nevada, and has presence in 22 states o Posted a loss of $63.4 million
o Has fleet of Kyocera products
– CHI is headquartered in Englewood, CO, and owns 103 hospitals across 18 states, and is one of Ricoh’s largest customers o Has a debt-to-equity ratio of 110% and posted net loss of $568 million
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Deven McGraw
, Deputy Director for Health Information Privacy for the Obama administration, stated that the department will soon begin “desk audits” of “business associates”, which means HIPAA audits of vendors/dealers that sell to healthcare facilities o Will begin in November, 2016
o Entities will only have 10 days to submit a response to audit
o Vendors are supposed to have signed Business Associate Agreements (BAAs) issued by the healthcare facilities that they server
o Omnibus Rule requires updates to these BAAs as of 9/2013
o Vendors targeted will selected randomly from a pool of 20,000 in government database
o “We don’t like being ignored. I would be pleased if I had 200 to 250 auditees and tell them all they need to do a better job, rather than having to go further by launching an investigation because they are unresponsive.” The Audit program is fun.
