Thursday, September 15, 2011
What gives with the Copier Industry?
Consolidation has taken it's toll with the likes of Canon, Ricoh, Xerox and KonicaMinolta. However others like Kyocera and Sharp have been affected as well with the departure of McLaughlin (Sharp) and Pietrunti (Kyo).
Focus....where is the focus, most still rely on revenue from box sales and consumables. The reduction of paper in the office seems to be taking it's toll thus the reason that the Big 4 have ventured into Managed Print Programs, Print Production and Healthcare document applications.
Just today Ricoh lost another Top Notch Exec (read my blog on this here).... that's at least 7 or 8 guys in the last three months that have been shown the door, retired or left for other opportunities from either Ricoh, Sharp, and Kyocera.
Where does that leave us, are we painting a picture of our own demise for the printed page? The Big 4 continue to launch solutions that will reduce the amount of paper that printed and copied. Kinda crazy for companies that rely on revenue from the printed page right?
Will there be additional consolidation? Not in the near future, I could be wrong but I'd bet dollars to doughnuts nothing major for the remaining months of 2011.
Remember to go to the Print4Pay Hotel forums to read about the latest exec to leave one of the Big 4.