Business Daily from THE HINDU group of publications
Friday, Sep 25, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, Sep 25, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Info-Tech
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Outlook HP betting big on managed print services 
Mr Nitin Hiranandani Our Bureau Bangalore, Sept. 24 Hewlett Packard, which wants to take printing to the “next level”, is betting big on managed print services – wherein the company will offer not just hardware for printing but also solutions that will help businesses manage their workflows efficiently. The company claims to offer solutions that will help enterprises save printing costs by 10-30 per cent. Some of the services include security management, whereby only authorised persons with a PIN can take prints in an organisation and a carbon calculator to estimate the carbon footprint that one would leave on printing a particular document. “Companies worldwide on an average spend about six per cent of their revenues on imaging and printing. They have been investing in printing in an ad-hoc unstructured manner. “The costs are about 30 per cent higher due to inefficient printing solutions. We have set up a dedicated global business unit that will manage printing services and improve business results by reducing costs, environment footprint and increase productivity. The growth in the future is in managed print services, vis-À-vis mere hardware, with CFOS and CIOs worldwide looking at areas to reduce costs,” said Mr Nitin Hiranandani, Director – Enterprise Sales and Services, Imaging and Printing Group, HP. The managed print services market globally is $18.7 billion, growing at 4-5 per cent annually. In India, print-intensive sectors such as BFSI, telecom, and public sector companies are increasingly shifting to managed print services, he said. More Stories on : Outlook | Hardware | Office Equipments & Supplies
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