Now more than ever, businesses are looking for ways to reduce costs. Even on the aspect of document workflow and print outputs, companies realize that outsourcing a Managed Print Solutions (MPS) service could actually be a better move than doing it all alone.
According to Quocirca, a leading independent analyst firm based in United Kingdom, 19% of enterprises in UK, France, Germany and US are operating on an MPS. The research was done exclusively amongst organizations having 1,000 employees or more. It revealed that almost 40% of the enterprises who participated in the research is planning to use MPS in the future, which is a positive sign for the growing industry. Furthermore, in the UK alone, 42% of the businesses are currently operating on a managed document solutions.
It is not surprising. More and more, companies understand that the way to avoid losses on printing malfunctions, data breach, and unnecessary labor is to move to an outsourced integrated system. There are actually a lot of problems dealing with document printing and processing, and the costs are sometimes overlooked and unaccounted. Take a look at the numbers below.
The way MPS providers do it is they initially assess the current status of a company's document workflow and from there create a tailor-fit solution. For example, Capita uses a 5-step strategy to ensure efficiency of action: Assess, Design, Implement, Manage, and Optimise. This is their own protocol on dealing with their clients.
As a result, IT departments can focus more on important tasks than on less-productive tasks like solving a hardware failure of a printing device. Businessmen who are on-the-go can now print directly from mobile phones, tablets, or laptops without being physically connected to a corporate network or downloading drivers. Imagine convenience, efficiency, and security—those are few of the reasons why the MPS industry is sure to grow more in the coming years.
On the recently released Global MPS market report, analysts expect the MPS to grow at compound annual growth rate of 10.75% on the years 2012-2016.
* US Environmental Energies National Laboratory’s Technologies Division, Smarter print management - Controlling costs and environmental impacts in the United Kingdom, OKI, Jan 2009
¹ ALL Associates Group - Company size between 500 and 5,000 employees across all industry types
² IDC, An easy and often missed opportunity for CIOs - MPS, April 2012
³ IDC, Bridging the information worker productivity gap in Western Europe: New challenges and opportunities for IT, Sept 2012
