Info360 took place in the Nation’s Capitol last week at the Walter E. Conference Center where vendors showcased a healthy mixture of cloud, mobile, and ECM solutions. Social communication and collaboration seemed to be the themes this year as vendors discussed new features of file sharing and mobile communication within their solutions among cloud-enthused audiences. Read more »
The recent Vision 3 Summit held in Palm Springs from March 13-16 punctuates the need for dramatic change in the printing business. The integration of PIA, NAPL, and NPES to form one integrated event consolidating the audiences from all three associations is a statement of the convergence that is taking place in the printing industry. The printing industry is challenged with traditional services that are less relevant in the “new” economy, creating a situation where there is overcapacity and a serious need for change.
The Vision 3 Summit featured speakers with a variety of perspectives, including software and equipment vendors, paper suppliers, print service providers, and economists. The theme of the event was the need for printers in all sectors to understand the changing market conditions as they relate to consumers and knowledge workers. Changes in the economy, culture, and technology have combined, creating an urgency for those in the printing industry to transform themselves into providers of integrated cross-media communications services. Read more »
ON DEMAND 2011 and info360 (formerly the AIIM event) wrapped up last week in Washington, DC at the Walter E. Conference Center. With the shows being co-located, acquisitions in the software space, and enterprise and production becoming more closely associated, ON DEMAND attendees appeared to spend time on both sides of the show floor (exploring the broader scope of software solutions currently available). While these lines continue to blur, there were a number of relevant announcements and developments at ON DEMAND pointing toward distinct trends in production software.Read more »
Earlier today, I received a mass e-mail from Reid Hoffman, co-founder of LinkedIn, thanking me for being among the first one million members. Out of all e-mails that I receive on a daily basis, this message actually attracted my attention.
Apparently, my LinkedIn member number is 607,452. This isn’t bad at all… especially for a social network that surpassed 100 million members this month. I can’t recall exactly when I joined LinkedIn, but I’m guessing that it was in early 2004 (right around the time I joined InfoTrends as a new MBA graduate). Reid Hoffman officially launched LinkedIn during May 2003. Read more »
Shutterfly announced this week that they have agreed to purchase Tiny Prints, a privately held card design company. In the deal, Shutterfly will pay $333 million for Tiny Prints, which includes around $141 million in cash and 3.9 million shares of Shutterfly common stock. Tiny Prints currently has around 220 full-time employees and another 80 contract or part-time workers. Once the transaction is completed (which is expected to take 30-60 days), the entire Tiny Prints team will join Shutterfly, including the company’s three co-founders. This will grow the size of the company significantly, as Shutterfly currently has around 620 employees. “Shutterfly and Tiny Prints share a common passion: providing customers with innovative, high quality premium products, stylish designs and exceptional customer service,” said Jeffrey Housenbold, President and CEO of Shutterfly.
Tiny Prints, which was founded in 2004, specializes in products like invitations, announcements and stationery, but also sells everything from photo books and calendars to canvas prints. Tiny Prints also operates Wedding Paper Divas, which specializes in wedding and bridal shower invitations, but also sells nearly everything that’s sold on the Tiny Prints site. In an interview following the announcement, Housenbold stated that Tiny Prints generated $87 million in revenue in 2010, which was up 53% from the prior year. Housenbold also stated that he believes the acquisition of Tiny Prints will help Shutterfly to further penetrate and grow their market share in the printed card market, which he sized at $12 billion. Shutterfly’s strategy is to move more of this volume to online ordering, which he says currently accounts for only 5% of the total printed card market. Read more »
In one of many breakout sessions during Day 2 of HP Summit (March 15-16), Vyomesh Joshi (VJ) of HP’s Imaging and Printing Group (IPG) reviewed the company’s strategy and approach to the graphic arts (print service provider) market
Here are few takeaways from the session:
1)Â Â Â Â Â Show Me the Pages! VJ and his group at IPG are all about chasing “analog” pages, and graphic arts is where all these pages are. According to HP, about 90% of printed pages (47 trillion pages) were “graphic arts” pages in 2010. This represents a huge growth opportunity for HP and other digital print vendors, since less than 5% of these pages are considered “digital” (produced by digital printing devices versus offset or other “analog” output devices). Applications such as photos, signage, and direct mail are heavily penetrated, with 30%+ of total application volumes produced by digital printing. In contrast, less than 1% of packaging and publishing volumes are digitally printed. Read more »
InfoPrint Solutions, a provider of digital transaction workflow management systems, has announced a Managed ADF Services offering. Based on a hosted version of its ProcessDirector workflow management solution (plus partner products), this solution enables InfoPrint to deploy and manage turnkey workflow solutions for its customers.
The managed ADF services offering is primarily developed for mid-market print businesses that face increasing demands surrounding print integrity, security, and regulatory compliance, but often do not have the necessary print IT expertise or capital to invest in solutions for those areas. The service capitalizes on InfoPrint’s long-standing history and expertise in this area and will be offered through a pay-as-you-go model. Exact pricing details have not been made available at this time. Read more »
HP held their annual summit for financial and industry analysts in San Francisco on March 14-16. The Summit was also the first major opportunity for the company’s new CEO Leo Apotheker to address the industry and share his vision on HP’s strategy.
The essence of HP’s vision is providing seamless, secure, context-aware experiences for a connected world for the consumer through the enterprise. Central to HP’s strategy is to provide web-enabled devices and cloud-based computing services that enable transformation of traditional “IT stacks” into “cloud stacks” and hybrid infrastructure models.
The tragic events in Japan over the last week have left many around the world wondering about loved ones and professional colleagues in the affected areas and how the country will move beyond this crisis. Scattered reports indicate that some of the companies involved in the office products industry have been severely impacted: Read more »