• Organizations spend 1– 3% of annual revenues on output technology fleets alone**
• 33% of all IT / help desk calls are printing/copying related**
• 55 % of network traffic is printer related*
• Annual printer volumes are increasing: 9% in B&W and 19% in color (11% total)*
• 60 % of all paper documents originate at the printer***
• 70% of copied documents start out as printed originals of an existing electronic document***
• The average office employee spends over $1200 a year in printed document output+
+ Source: All Associates
*Source: Information Week
**Source: IDC
*** Source: Gartner Group
A managed print service is defined as an end-to-end solution that provides everything a company needs to fully control print toner, repairs and valuable IT help desk costs. Today, most companies don't have a streamlined approach to documentation when it comes to printing and imaging, which tends to occur with different departments all relying on multiple vendors for their variety of office needs. This relates to receiving multiple invoices per month for consumables and services, and the IT staff being tied up in non-value-added maintenance tasks. If your office has a closet full of toner cartridges, don't think you are in the minority. It sadly seems to be common practice to have overstock on one kind of toner, an empty spot on the shelf for another and a variety of old and outdated boxes of toner and ink that no longer belongs to any of the printers currently in use. Ninety percent of companies don't know how many printers they have or if they're properly utilizing their printer assets thus, making this the last and largest unmanaged expenses in most companies.
“80% of HP’s annual profits are generated from printer consumables”
** Hewlett Packard CEO, Carly Fiorina”
With the explosion in the laser printer market, it was important for manufacturers to keep up with the growing trend and try to put a laser printer on every desk. After a while they realized that the working public becomes very possessive with the convenience of having that asset within arms reach. Yet while the printers were lasting year after year, the manufacturers found a gold mine in ink and toner cartridges. Printer manufacturers are now basing the majority of their profits on it. The majority of profits these manufacturers are making is money they’re getting from you after you’ve already purchased the printer. Depending on the size of your organization, you’re spending hundreds, thousands and even tens of thousands of dollars every month, and now you know.
Advanced Business Equipment can help you develop a cost-effective, certified print management strategy. In order to prepare the most effective print managed solution, it is important to consider four key components: standardization, consolidation, volume and location. Our experienced sales and technical staff can consult with you on how best to control the cost of printing while increasing the level of support for end users.
An assessment provided by Advanced Business Equipment will provide your organization with an analysis of printer usage related to daily processes. The assessment will provide a collection of printing statistics and benchmark metrics for better decision making, and recommendations for creating a better print environment. Thus, increasing revenue, giving back valuable IT time, eliminating large toner inventories, taking away the headaches of printer and copier repair costs and downtime which will ideally identify, control, manage and reduce cost by 25-40%.
