Managed Print Services Can Reduce The Cost of Printing
Companies initiating managed print services (MPS) are uncovering new ways to save money never considered before. MPS is becoming a strategic priority and advantage according to a survey undertaken in parts of the US and Europe by analysis company Quocirca and co-sponsored by Xerox.
Just under 70 per cent of the survey respondants confessed that a better management of their print network gave them a competative advantage over their competitors with cost savings leading the way as the main benefit. Even during an economic downturn more than 90 per cent of the survey respondants say that they will continue to invest in MPS deployment to reduce the cost of printing, sharing and updating documents.
"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.
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.
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.
For more information on MPS or for a Free consultation visit First Choice Business Systems or call 0800 072 3747.