Jan 31, 2013
Although epost has been available to Canadians since 2000, there are recent signs that Canada PostÂ is invigorating this digital mailbox initiative. The service has grown from 100,000 registered users in 2001 to more than 8 million having registered today. To put this in perspective, that’s around 30% of Canadians over the age of 18.
I had a chance to learn more about 2012 progress and future plans when I visited with Kerry Munro, President of the Digital Delivery Network,Â last week in Toronto.
Munro joined Canada Post in Read more »
2013 is shaping up to be another challenging year for players in the digital camera market. In 2012, for the first time, the worldwide digital camera market declined. It was a significant decline of 10%. The cause of the decline is linked to the following factors: Read more »
Jan 25, 2013
Xerox and EFI announced their 4Q 2012 earnings yesterday. Both companies continue to execute on strategies to transform, but are moving in different directions. There are lessons to be learned for the industry.
Xerox – Services for Growth, Technology for Profit
Xerox has made it very clear that they in the midst of a shift to a Services-led strategy. The company is managing its Technology business for profits and cash generation by lowering the cost basis and investing in services areas.
Xerox CEO Ursula Burns opened the earnings call by saying “Xerox is a company going through a seismic transformation.” The financial results show how far Xerox has transformed. The Services segment of the company grew 7% and is now 52% of the business and the Technology segment declined 8% and is now 48% of total revenue. For the first time, Xerox generated more in profits from Services than from Technology.
Read more »
Jan 24, 2013
ï»¿Last week, EFI held its 14th annual Connect users conference, which has evolved to become an important industry event where customers, partners, press and industry analysts from all over the globe meet with EFI executives and are updated on the latest the company has to offer. This year’s exhibitors included Xerox, Kodak, Konica Minolta, Esko, Ricoh, Metrix, and more. Â Special guest was Benny Landa — an update about what he had to say can be read here. Read more »
Jan 17, 2013
Many magazine publishers continue to face challenges in diversifying their revenue mix beyond print advertising, leveraging social media to engage with new audiences, and distributing & monetizing their publications across a growing array of mobile platforms. Last week’s MediaNext Show in New York City–a magazine media industry conference put on by FOLIO Magazine–tried to address these issues by tapping a substantial number of seasoned digital media experts for keynotes and sessions aimed to spark to help provide perspective on how magazine publishers can effectively compete in a marketplace that is increasingly digital and continuously evolving.
The event’s first keynote speaker–James Bankoff, Chairman and CEO of Vox Media, which is a pure-play digital media company that operates the SB Nation, The Verge, and Polygon properties–gave an insightful talk about building a modern media company. He outlined a number of key elements that drive the success of Vox’s properties, such as focusing on great design, being able to scale rapidly, hiring great talent to deliver high-quality content, and relying heavily on technology support real-time responsiveness and innovation–for editorial and advertising. According to Mr. Bankoff, Vox Media’s revenue is 95% ad-based, and he believes that its approach to adopting native advertising delivers greater value (and results) to advertisers compared to programmatic buying that publishers have less control over. Read more »
Jan 16, 2013
Benny Landa was at EFI’s Connect event in Las Vegas this week and as part of a fireside chat with Guy Gecht and a separate meeting with the trade press and industry analysts he provided a status update.
- Market progress — Landa reported that his company had signed 430 letters of intent (LOI), a significant portion of them coming with deposits. These LOIs were from all over the world, including quite a number from Asia Pacific. He noted that the company was on track with product development and expected to have its first product in beta testing at the end of 2013. This will be the Landa S10 cut-sheet, B1-format device, which Landa said was the most popular configuration. Landa also said that the platform’s print resolution has been increased from 600 to 1,200 dots per inch. Read more »
At the end of 2012 InfoTrends completed a multi-client study called “Transforming Textile Printing” wherein we looked at many of the factors that have presented barriers to adoption as well as the demand drivers of digital textile printing. Three major factors are developing at the same time that InfoTrends believes will drive significant investment in new digital textile printing hardware on a worldwide basis. Read more »
Jan 10, 2013
The Russian digital photography market which was once dominated by early adopters and hobbyists is becoming a mainstream market. Many of today’s Russian digital camera owners describe themselves as mainstream adopters of technology and family memory keepers or casual photographers. As market maturation is inevitable, it typically brings with it a decline in photo activity. InfoTrends research has found that the percentage of Russian respondents who report using their digital camera once a week or more often has declined steadily over the years. Additionally the number of photos taken declined gradually between 2009 and 2011 and appears to have settled in 2012.
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Yesterday,Â Jessops and PricewaterhouseCoopers (PwC) announced that Jessops is entering administration (equivalent to Chapter 7 Bankruptcy in the U.S.). Jessops has been an integral part of the U.K. camera market since it was founded by Frank Jessop in 1935. In the early 2000s Jessops went on the acquisition trail and bought up many of the U.K.’s independent camera shops. This led Jessops to become the largest chain of camera specialty retailers with more than 200 stores across the country. In 2002, ABN AMRO acquired the company and 2 years later Jessops went public on the London Stock Exchange. Â In 2007, just ahead of the Global Financial Crisis, Jessops faced financial trouble and entered into a period of restructuring and negotiations with its creditors. In 2009, Jessops Plc was liquidated and Jessops Ltd was created. Read more »
Jan 9, 2013
This year’s International Consumer Electronics Show (CES) kicked off in Las Vegas on Monday with the press day. CES sets the scene for the technology year ahead. 2012 offered a bumpy ride for many tech companies. Japanese companies in particular felt the squeeze of the strong yen, the China-Japan dispute, restructuring costs and the competitiveness of companies such as Samsung and LG from Korea. This year CES will be the platform to deliver positive messages to shareholders that their plans for the year ahead will turn around their fortunes. Read more »