| ROCHESTER, N.Y., Dec. 08, 2009 -- Deploying managed print services (MPS) is
a strategic priority for companies looking to uncover new ways to save money,
according to a survey undertaken in the U.S. and Europe by research and analysis
company Quocirca and co-sponsored by Xerox Corporation. |
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| Nearly 70 percent of survey respondents say better management of their print
infrastructure is a strategic imperative, with cost savings driving the MPS investment.
Even during the economic recession, more than 90 percent say they will continue
with plans to deploy MPS to reduce the cost of printing, sharing and updating
documents. |
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"The survey findings support the fact that the economic downturn is actually
raising the profile for the cost savings potential that comes with MPS," said
Stephen Cronin, president, Xerox Global Services. "Now more than ever, companies
are calling on Xerox as the MPS market leader to proactively manage print output
and spur growth by giving back valuable employee time."
Specific survey findings support the cost-savings opportunity provided by MPS:
- 41 percent of respondents say printing accounts for more than 10 percent of their
IT budget; in the financial services sector this number rises to 65 percent.
- Nearly half of U.S. respondents expect to gain savings of more than 30 percent
through an MPS contract.
- 60 percent of current MPS users are satisfied with the cost savings achieved
since implementing MPS, with an additional 25 percent indicating that the cost
savings exceeded expectations.
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| "MPS users stand to gain additional cost savings by extending MPS beyond the
office print environment to include their in-house print center," said Louella
Fernandes, principal analyst, Quocirca. "Seventy-five percent of our respondents
manage the print center internally or use a separate print vendor; this means
they would still benefit from a comprehensive MPS plan to keep printing cost effective
across the entire enterprise, not just in the office." |
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| Xerox recently became the first vendor to connect the office environment with
the in-house or in plant production print center. Xerox Enterprise Print Services
extends the MPS cost-savings opportunity by making print more efficient in the
print center and in the home or virtual office. |
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| The survey also indicates that companies want MPS to work for the print infrastructure
and equipment they have invested in already. Eighty percent of respondents rated
the capacity for a partner to manage devices from multiple vendors as either important
or very important. Xerox currently monitors approximately 1.5 million devices
from multiple vendors worldwide. |
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| Xerox was positioned by Gartner, Inc., in the Leaders Quadrant in the "Magic
Quadrant for Managed Print Services Worldwide"1 for 2008 and 2009 and named MPS market leader in Quocirca's 2009 European MPS
report. |
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About Quocirca Research
Quocirca is a leading primary research and analysis company with native language
research capabilities across the whole of Europe, along with North America and
the Asia Pacific region. Quocirca's primary aim is to provide market insight and
knowledge to technology vendors and service providers, enabling them to more effectively
develop, market and sell products to businesses of all sizes across multiple geographies.
For more information, visit www.quocirca.com. |
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1Gartner "Magic Quadrant for Managed Print Services Worldwide" by K.Weilerstein,
et al. August 21, 2009 and September 25, 200 |
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