Recharger : IDC, MPS To Be US$1B Market in Asia-Pacific

[Anonymous]

8/30/2012
Sponsors Why R-JetTek? Int’l ITC to Host Northeast Chapter Meeting Lexmark Announces Restructuring, Plans to Exit Inkjet Business Lexmark International announced restructuring plans, which include the company’s exit from its inkjet business. Lexmark will discontinue developing and manufacturing its remaining inkjet hardware, which is expected to result in annualized savings of $95 million once fully implemented. "Today’s announcement represents difficult decisions, which are necessary to drive improved profitability and significant savings," said Paul Rooke, Lexmark chairman and chief executive officer. "Our investments are focused on higher value imaging and software solutions, and we believe the synergies between imaging and the emerging software elements of our business will continue to drive growth across the organization." Lexmark will continue to provide service, support and aftermarket supplies for its inkjet installed base. More IDC Forecasts MPS To Be US$1 Billion Market in Asia-Pacific by 2014 According to IDC’s recent report, "Asia/Pacific Managed Print Services 2011-2016 Forecast and Analysis," MPS will become a feature of enterprises across the APEJ region within the next five years, generating revenues of US$1595 million at a compound annual growth rate of 17 percent by 2016. However, unlike with many other technology and ICT services, it won’t be the hugely populous markets like China, India or Indonesia that contribute most to this success. These emerging economies will certainly achieve strong growth rates for the forecast period, but it is the Australia and New Zealand (ANZ) region that will continue to be the most valuable MPS market over the next few years in APEJ. More Guest Blog: Time Is Great for Wine but Lousy for Sales Brad Roderick of InkCycle knows that certain fine wines need to age before they reach their full potential. Aging is not good, however, when it comes to driving revenue and profit growth; aging pipelines and aging opportunities are particularly detrimental in this scenario. Why is time so bad for sales? Read on to find out. More More Headlines   Get the latest news in the Press Releases/Aftermarket Updates section of Rechargermag.com. Current headlines include: ECi Software Solutions Recognized With Top 100 ‘Greatest Advancement’ Award; Static Control Releases New Samsung ML-1610/2010 Developer Roller; Faroudja Offers Toner for the Xerox Phaser 7500; BTA East to Host Grand Slam Oct. 2-3 in Rye Brook, N.Y.; Intec Printers Well Suited for the Office; Katun Announces Partnership With Arlington Industries; ILG Releases High-Yield OEM Alternative Toner Cartridges for the CE410X. More	Digital Magazine The full issue of Recharger Magazine is now available in digital format. Check it out! Press Releases Recharger keeps you current with the latest industry news, events and people on the move. If you have important company news to share, bring it to Recharger and reach your target audience. Read the latest. Advertise in eCharger Experience an increase in Web activity. Contact the Recharger Sales Team. Join us on Twitter! Follow us on Facebook!

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August 30, 2012 at 6:38 AM