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Toshiba in turmoil
- Reuters News Service is reporting that Toshiba Corp. is considering splitting into 3 different companies under pressure from shareholders:
o Plan runs counter to activist calls for entire company to go private
- aims to complete split by March 2024
- The three companies will be:
- energy and infrastructure
- hard disk drives and power semiconductor business
- flash-memory chip company Kioxia Holdings and other
- Plan is result of a 5-month strategic review undertaken after a highly damaging corporate governance scandal
Toshiba reports earnings
- Toshiba TEC division reports its earnings for first half of fiscal year
- (division includes MFPs, printers, )
- Net sales up 2% year over year to 216.9 billion yen ($1.9 billion)
- Operating profit of 3 billion yen ($37.9 million)
- Net profit of 4 billion yen ($21.2 million)
- Workplace Solutions Business Group (MFPs and printers) had revenue of 87.8 billion yen ($776 million)
- Operating profit of 4 billion yen ($12.3 million)
Epson reports last quarter’s earnings
- Printing Solutions division had 2% increase to 182.2 billion yen ($1.66 billion)
- Office & Home Printing sales up 2% to 129.8 billion ($1.18 billion)
- Segment profit up 1% to 28.3 billion yen ($257.1 million)
Ricoh security vulnerabilities – report
- The Project Memoria research report published by Forescout Security
- Detailed security vulnerabilities of TCP/IP stacks in devices, including ones that can be exploited for remote code execution, DoS attacks or to obtain sensitive information
- Includes printers, MFPs, medical products, industrial control systems and switches
- Researchers estimate that there are roughly 3 billion vulnerable devices
- The report names Ricoh has having devices with the TCP/IP stack vulnerabilities
Ricoh wins production print contract
- Award from Southern University and A&M College of Baton Rouge, Louisiana
- Installed Pro C7100SX production color laser system, pro 8110Se production b/w laser system and a Pro L4130 wide format color latex inkjet printers in university in-plant print shop
- Will be used to produce recruiting brochures, flyers, business cards and more
- Also included rightsizing fleet of MFPs
Ricoh to display 3D printers
- Will have booth at upcoming Formnext Trade Show in Frankfurt, Germany on 11/16- 19/21
- Will be demonstrating its SLS AM S5500P printer, using binder-jet technology to output aluminum parts
Brother reports earnings
- Revenue up 5% to 176.5 billion yen ($1.56 billion)
- Operating profit of 7 billion yen ($218 million)
- Profit was 1 billion yen ($159 million)
- Printing & Solutions Group
- Revenue of $106.9 billion yen ($944 million)
- Operating profit of 3 billion yen ($143.9 million)
Canon unveils new version of uniFLOW
- New version of uniFLOW Online 3 released
- Centrally manage via Microsoft Azure Active Directory
- Auto synchronize users, attributes and identities
- Scan directly to local, on-premise network folders
- Scan directly to dedicated folder on desktop
- Ability to customize the screen for image login, multi-factor authentication and cost center selection
- QR-code for mobile release
Canon wins production print contract
- Award from DMM , a commercial printer headquartered in Scarborough, Maine
- Installed a new ColorStream 3900 production color inkjet system, varioPRINT i300 production color inkjet system and 3 of the Titan 6000 production b/w toner systems
- Driven by PRISMA front end
- Will be used to produce direct mail, and document printing for financial services and insurance services customers
EFI wins wide format contract
- Award from Direct Edge Media of Denver, Colorado
- Installed a VUTEk h5 Hybrid and 2 each of the VUTEk 5r+ roll-to-roll wide format color inkjet systems
Staples to partner with Shutterstock
- Customers of Staples retail stores will have access to dedicated associates and design services, as well as 325+ million high quality images from Shutterstock
- Customers will be able to create flyers, business cards, posters and signs in the store
Staples to try again to buy Office Depot
- Is now offering $1 billion to acquire the consumer business of ODP which owns Office Depot and OfficeMax.
- Includes 1,100 retail stores
- Last attempt to acquire was thwarted by the S. Federal Trade Commission
HP offers virtual reality to fix printers
- Launched HP xRServices, powered by Microsoft Hololens 2 mixed reality technology
- Allows service technician to connect and speak to a remote HP service engineer
- The remote engineer will be able to see what the technician is seeing
- Will be used for servicing of Industrial Printers, including HP Indigo 12K production color system
Digital transformation market growth
- Report from IDC on global spending on digital transformation (DX) of business practices, products and organizations
- Will reach $2.8 trillion by 2025
- More than double the amount allocated in 2020
- CAGR (compound annual growth rate) of 16.4%
- Strategic priorities will include;
- 8% growth in virtualized student workspaces
- 1% = mining operations assistance
- 5% = augmented design management
- Largest DX spending;
- $816 billion = process manufacturing, professional services and retail
Dealer acquisition/expansion update
- Datavalet Technologies of Montreal, Quebec, Canada, a managed IT services company, announced it has acquired SecurEdge Networks of Charlotte, North Carolina
- SecurEdge offers network-as-a-service (NaaS) platforms
- Loffler Companies, headquartered in Minneapolis, Minnesota, announced it has opened new 20,000 square foot location in Fargo, North Dakota
Megadealer management changes
- Visual Edge Technology is headquartered in North Canton, Ohio
- Ed Croft is new VP of Aftermarket Services
- Kim Allen is new VP of Procurement
- Karen Frank is new VP of Administration and Data Governance
- Barb Isert is new Director of Administration for Managed IT Services
Solution company partners with Gap Intel
- MPS Monitor, headquartered in Milan, Italy, provides a platform for remote monitoring of printers and MFPs that dealers use in managed print services contracts
- Announced partnership with Gap Intelligence to provide dealers with complete and updated dataset including product specifications
- Data points include configurations, consumable associations, dates of announced and retirement from market, energy consumption and much more
- Will be used to bolster value of MPS Monitor’s Analytics Business Intelligence (BI) platform
- “We enable every user to know everything about every device, and not just what’s happening in real time, but also what will happen in the future”
Print hardware growth report
- Research published by Technavio
- Predicts incremental growth of global printers market of $6.01 billion to 2025
- Growth is decelerating by 2% CAGR
- Growth in 2021 of only 33%
Sharp’s parent concludes acquisition
- Hon Hai Precision, aka Foxconn of Taiwan, and parent of Sharp, announced it will spend
$230 million to buy a former Ford truck manufacturing plant in Lordstown, Ohio
- Acquired from Lordstown Motors, and will use to produce an electric pickup truck, called the
Epson MFP wins award
- CRN (Computer Reseller Magazine) gave out a 2021 Tech Innovator Award to Epson’s WF-C21000 color inkjet A3 MFP
- Awards “acknowledge technology vendors that display their ongoing commitment to empowering and enabling end users, while promoting continuous business growth for solution providers, with cutting-edge, purpose-built products and services’
CYBERSECURITY & HEALTHCARE VERTICAL NEWS
Healthcare vertical adds jobs
- The federal government announced that the number of people working in the healthcare vertical surpassed 16 million people
- Most of job gains occurred in the ambulatory sector, accounting for 87% of new hires in 10/2021
Patients switch if there is a breach
- Armis Security published results of research
- 49% of patients would change hospitals if theirs was hit by ransomware attack
- 58% of health IT professionals admitted being hit by ransomware in last 12 months
- 85% say attacks are increasing
- 63% submitted a claim to their cyber insurance company
- 52% admit that exposing PHI (protected health information of patient) is top concern
Epic wins EHR contract
- Award from Rochelle Community Hospital of Illinois
- Will replace two EHRs that were installed in 2011 and 2012
eClinicalWorks wins EHR contract
- Award from Family Health centers of Louisville, Kentucky
- Includes 72 providers and staff
Healthcare fraud in the news
- UPMC (University of Pittsburgh Medical Center) received $6.4 million in overpayments from 2015-2016 according to federal Office of Inspector General
- Sante’ Health Foundation of Fresno, CA failed to pay over $1.5 million to Physician Network Advantage for its help with Epic EHR install, according to lawsuit filed.
- Billy Joe Taylor of Lavaca, Arkansas, according to federal Department of Justice, engaged in a scheme to defraud Medicare out of $100 million for unnecessary tests, when he was operating Vitas
Vizient GPO adds vendor to contract
- (Vizient is the largest healthcare group purchasing organization in the U.S, and Konica Minolta is a contracted vendor on #CE7494)
- Has added advanced wound care products from ConvaTec
HIPAA & Cybersecurity Updates
- Robinhood, the mobile stock trading platform, notified 22 million users that their info may have been exposed after security
- McAfee Corp., a security software company which was acquired by Intel Corp. in 2010 for
$7.68 billion, and then spun off, has now been acquired by Advent International for $14 billion.
- The State of New Jersey hit two commercial printers, Command Marketing Innovations & Strategic Content Imaging, with $130,000 fines for exposing PHI of 56,000 patients, due to mailing
- Southern Ohio Medical Center of Portsmouth, Ohio notified an unknown number of patients their PHI may have been exposed after cyber
- Diamond Comic Distributors of Hunt Valley, Maryland notified an unknown number of customers that their info was exposed after ransomware
- Victory Health Partners of Mobile, Alabama notified an unknown number of patients that their PHI was exposed after ransomware
- Strategic Benefits Advisors of Georgia notified an unknown number of patients that their PHI was exposed after ransomware
- Urology Center of Colorado notified an unknown number of patients that their PHI was exposed after cyber
- Baywood Medical Associates/Desert Pain Institute of Mesa, Arizona, notified 45,262 patients that their PHI was exposed after cyber
- Seneca Family of Agencies of Northern California notified an unknown number of patients that their PHI was exposed after cyber
- Nationwide Laboratory Services, headquartered in Boca Raton, Florida notified 33,000 patients that their PHI was exposed after ransomware
- Family of Woodstock of Kingston, New York notified 8,214 patients that their PHI was exposed after
- Viverant Physical Therapy of Minneapolis, MN, notified 6,500 patients that their PHI was exposed after cyber
- QRS Inc., the provider of Paradigm EHRs, headquartered in Knoxville, TN, notified 320,000 patients that their PHI was exposed after
- The U.S. Attorney General’s office it has arrested Yaroslav Vasinskyi of Ukraine, while he was in Poland, and is allegedly part of the REvil ransomware gang of Russia.
Maxim Healthcare of Columbia, Maryland notified an unknown number of patients that their PHI was exposed after email phishin
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