Oct 25, 2016
Since, several of the leading companies in the photo industry have U.S. headquarters in the New York metropolitan area, the PhotoPlus Expo (PPE) is a great “home show” for many industry insiders and professional photographers. PPE draws a healthy contingent from the surrounding metropolitan region and has become one of the must attend events for the East Coast. The show included more than 200 exhibitors and was expected to draw 21,000-plus attendees to the show.
Canon, Nikon and Sony once again were PPE show floor anchors, as they were the vendors closest to the main floor entrance, and occupied the largest exposition real estate.
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Aug 8, 2016
Canon U.S.A., Inc., announced today Version 2.0 of its ADVANCE Cloud Portal for compatible imageRUNNER ADVANCE systems and the availability of uniFLOW Online, a multi-tenant, cloud-based print management solution. uniFLOW Online enables small and medium sized businesses a way to manage their print environment without the need for a local server. ADVANCE Cloud Portal V2.0 helps users directly scan, store and print documents to and from their cloud file services.
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Feb 25, 2016
Canon Solutions America (CSA) hosted about 50 industry analysts in Boca Raton, Florida this week to celebrate the third anniversary of the company’s formation, as well as to discuss their progress and direction. The company demonstrated increasing momentum in the critical areas of:
- Enterprise solutions and services
- High-speed production inkjet printing
- Large format graphics and technical printing
Based on presentations, product demonstrations, and access to the Canon Solutions America management team it is evident that CSA has a robust product line, is tightly coordinated across business units and geographies, and is supported by highly data-driven field operations.
Toyo Kuwamura, President and CEO of Canon Solutions America, citing 2% revenue growth in 2014 and 2015 (and even better profits), stated “we are in very good shape now”. Mr. Kuwamura revealed that CSA’s 3-year plan calls for 3% revenue growth in 2016, 5% in 2017, and 6% in 2018 with a goal of being 20% larger in revenue and profits by 2018. CSA’s recent growth rates stand in sharp contrast to other large competitors that have been experiencing revenue declines in the mid to high-single digit range.
Much of CSA’s success can be attributed to solid execution across all aspects of the operation, including product development, solutions selling, field service, and customer engagement.
Oct 20, 2015
Last week, Canon Europe opened its doors for EXPO 2015, its quinquennial global event, in Paris, France. The EXPO is a major event for Canon’s partners and customers within the EMEA region. This year’s EXPO covered over 15,000 square meters of exhibition space. It demonstrated innovations in business areas within consumer imaging products, office equipment, print production, broadcast and communications, medical systems, and security solutions.
Fujio Mitarai, Chairman and CEO of Canon Inc., and Rokus van Iperen, President and CEO of Canon Europe, Middle East, and Africa, opened EXPO 2015 with a keynote speech that shared Canon’s vision on the future of imaging, as well as Canon Europe’s strategy. Here are the key take-aways from this keynote speech.
Fujio Mitarai, Chairman & CEO of Canon Inc.
Rokus van Iperen, President & CEO Canon Europe
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Jun 24, 2015
InfoTrends latest analysis shows the market for SF & MF Printers in Russia contracted 8.5% in 2014 versus the year prior. That equates to more than 330k placements. The highest decline was in office laser placements (-9% yoy) suggesting that the weak economy is hindering investment for the majority of companies. Added to that is the continued depreciation of the Ruble which financial analysts suggest fell more than 90% against the USD in the Calendar year 2014. Blamed as the reason why businesses are not investing, it is now also a reason not to invest. The fall-out of the Ruble is mostly attributed to the conflict in Ukraine and the resulting Western Sanctions as well as the low oil price. Read more »
Apr 20, 2015
Placements of inkjet printing devices for consumer and office use were positive in Western Europe in 2014. After years of downward spiraling, the 3.5% YOY growth in 2014 to 14.6 million devices provide a welcome break for the industry players. At a country level, the highest placements increase by country was in the Netherlands with 21% YOY increase. The UK, traditionally a strong country for inkjet technology, also experienced strong growth of 11.6% YOY likely linked to a stable economic situation. In addition, there have been significant developments in inkjet technology, particularly around page-wide technology in recent years that have aided this upward turn. Read more »
Brendan Morse and Allison Correia
Feb 12, 2015
At its Second Anniversary Event, Canon Solutions America (CSA)unveiled the name change of its Business Services Division to Enterprise Managed Services Division (EMS). VP of Enterprise Services and Solutions, John Reilly, and VP of Managed Services, Valerie Belli, gave the presentation detailing the rebranded division.
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Jun 5, 2014
Will report to 2013 acquisition CopySource President and Chief Sales Officer Tim Marshall, demonstrates continued focus to strategic investments.
In June of 1972, Paul Shields moved his family to Jacksonville, Florida. With $1,500 to invest, a fresh contract for a copier dealership in his pocket that still had a signature with wet ink from his pen, Paul created Copytronics, Incorporated. With one employee and through hard work, dedication and a lot of late nights, he managed to sell $150K in sales revenue during the first year. After you factor the rate of inflation, that $150K would be roughly the equivalent to $838K in revenue in 2013 US Dollar value. That is some impressive productivity! Read more »
Dec 13, 2013
The lead up to the Holiday gift giving season is always a busy time as people start making out their gift giving lists or their own wish list for Santa. Being an analyst that tracks camera phones and digital cameras, this is also a busy time of year for me as I start getting emails, phone calls and text messages from friends asking me for camera buying advice. Since Thanksgiving I have already received many emails and texts from friends saying they need an opinion about what type of camera to buy.
I will admit I like being the one my friends and relatives turn to for an educated opinion about cameras. That role also carries some pressure with it, given the hundreds of camera models that can be found for sale from an online retailer or traditional brick and mortar stores. So as I prepare for the “what is the best camera to buy?” question I thought some of my ponderings would be helpful for others looking to answer the very same question.
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Dec 12, 2013
I could have very well titled this “Industry Consolidation and the Ripple Effects” given the nature of the chess match being played out between two industry titans. Canon in one corner, looking to regain momentum (Canon’s loss of market share has been well documented with acquisitions ofÂ IKON Office Solutions to Ricoh – $1.62 billion, Global Imaging Solutions to Xerox – $1.5 billion and Danka to Konica Minolta – $240 million, couple this withÂ the mixed result of their CBS Direct Operations the impact is measurable and the desire to win it back is understandable) and in the other corner, Konica Minolta, the current King of the independent dealer community. Â Ask an independent dealer owner about what they like about partnering with Konica Minolta and why they have made such a surge in revenue and units, and the first answer is Rick Taylor and his leadership, what follows next from their mouths varies but it is typically like an evangelist giving testimony at a revival.
For those that do not know, Dex Imaging is one of the largest independent dealers in the United States with annual revenues approaching $150M (it’s probably safe to say will have superseded that mark by the close of 2013).Â Their plan is to reach $250 million in annual revenue by 2016 and they have 26 locations in Florida, Tennessee, Maryland, Alabama and Mississippi.Â They made two acquisitions in the Florida market, both announced in May of this year.Â In the May press release announcing the acquisitions, Dex Imaging called itself the single largest- and fastest-growing independent dealer of Konica Minolta and Kyocera document imaging equipment in the U.S.
Dex Imaging Acquisitions 2013
1. TonerType, LLC
2. U.S. Imaging Solutions
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