Comparting 2017: “Digitalizing Communication! Digitalizing Business Processes!”

David Stabel
 Nov 17, 2017

Under the motto of “Digitalizing Communication! Digitalizing Business Processes!”, this year’s Comparting conference, held November 9-10 in Germany, was all about how digitalization affects the document and output management for enterprises as well as print service providers. Keypoint Intelligence’s Pat McGrew had the honor to provide the keynote titled: “Let’s Get Digital!” Other presentations also focused around the topic of digital transformation of customer communications. And, of course, Compart’s latest innovation, DocBridge Impress, had a central role at the conference.

Harald Grumser, CEO
Thorsten Meudt, CMO

Compart, who celebrates its 25th anniversary this year, has successfully hosted this annual event since 2005 with the number of participants increasing each year. More than 400 people from 14 countries world-wide attended the conference, representing a 10% increase over last year. The number of participants outside of Germany almost doubled from 25% in 2016 to 40% this year and reflects Compart’s growing international business.

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Let’s Talk About IPEX 2017

Pat McGrew
 Nov 9, 2017

We know it wasn’t the 11-hall extravaganza of shiny hardware we have seen in the Birmingham National Exhibition Center in the past. It wasn’t even the show we saw mounted at the ExCel center in London. The return of the IPEX brand to the print industry trade show market was half of hall 5 at the Birmingham NEC. And that is OK. It’s a new start on a rebuilding campaign for one of the oldest Print trade shows, so why not give it a fair shake?
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DirectMail2.0 Launches Their Inaugural Market-Edge Event

Pat Nolan
 Nov 6, 2017

Market-Edge 2017: Direct Mail, Digital, and Beyond

From October 26th to October 27th of this year, DirectMail2.0 hosted their inaugural Market-Edge conference at Wyndham Grand Clearwater in Clearwater Beach, Florida. Sponsors included Pitney Bowes, Konica Minolta, AccurioJet, Alesco Data, and Enthusem. Discussing Market-Edge with DirectMail2.0’s Marketing Coordinator, Iris Shalev, I was able to shed some light on why they wanted to put on a conference and what they hoped that their business and attendees would take away from it.

The purpose of the event, she said, was to act as a hub for direct mail marketers and printers that is more personal than a trade show and to provide a face-to-face networking opportunity for attendees outside of the usual competitive context. DirectMail2.0 wanted to strengthen this community with Market-Edge, and bring stakeholders with different expertise together to learn from each other for a 360-degree experience, Shalev continued.

In his opening remarks, DirectMail2.0 CEO Brad Kugler also touched on his company’s intended outcome of the event. They wanted to host an open forum for printers and direct mail marketers to come together and solve their common problems. What is the root of those problems? The answer is represented both by what DirectMail2.0 does as a business – they are an integration platform that offers online services to printers and direct mail marketers – and by the theme of Market-Edge: to bridge the gap between offline and online, to bring print into the digital world.

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Jetrion Returns to Flint, sort of

Ryan McAbee
 Nov 3, 2017

Back in 2006, EFI acquired the Jetrion inkjet label printer business from Flint Group, which had developed the technology to expand beyond their traditional foothold in ink. At that time EFI was on a major push to expand into inkjet-driven hardware which was viewed as a growth engine beyond its Fiery and software businesses. EFI paid around $40 million in cash for the Jetrion business which was expected to post between $16-$18 million in annual turnover. After eleven years of less than expected growth, EFI announced an exclusive partnership for Jetrion label presses with Xeikon, a Flint Group company.

The agreement was reached after several months of negotiation, with the first hint of EFI’s decision to “exit the label market” given a week before by Guy Gecht during EFI’s most recent Q3 earnings call. Effectively, EFI is licensing the Jetrion brand while retaining control of the intellectual property and Jetrion ink business. Xeikon picks up the sales and service.

Source: efi.com

The Impact for EFI

The deal is a short-term win for EFI as the company retains the intellectual property rights and keeps the recurring revenue from the ink and, presumably, Fiery. EFI also gets to clear its financial books from an underperforming division. Gecht stated that 2016 Q3 Jetrion printer sales were $4 million which would not average to the $16-$18 million annual revenue expected after the acquisition back in 2006. The competitive market for inkjet-based digital label presses has also changed significantly over the last eleven years. There are more vendors competing in a more mature digital label market which has impacted the ability to place machines with just over 200 Jetrions installed globally to date.

In the long-term there are still uncertainties. Customers and prospects take notice when an underperforming division is jettisoned, creating uncertainty as to the future commitment to other divisions. EFI clearly stated that growth markets in corrugated and industrial printing are a primary focus. Could other divisions, like VUTEk, follow suit? In the Q3 financial call, the company noted a slowing of ink growth volume for its VUTEk line of printers which is an indicator of the end customer’s print volumes. There is always the possibility, but Keypoint Intelligence thinks it highly unlikely until other areas of the industrial inkjet division reach sizable revenue.

The material impact to the rest of the EFI ecosystem, for Fiery but also for Productivity Software solutions, is also unknown. Initial feedback indicates that Fiery will be the digital front end (DFE) for future sales, but Xeikon also has its own DFE. Does the change in sales and service reduce the potential pipeline for other productivity software, such as Digital StoreFront or Radius? Probably not due to the limited install base.

The Impact for Xeikon

HP and Xeikon dominate the digital label market, but both are leveraged to electrophotographic technology. The new agreement with EFI gives Xeikon a further expansion in UV-based label printers to complement its PX3000 Panther press announced earlier this year. The company can also leverage the existing Jetrion install base netting a greater presence in North American.

The company indicated that there will not be any immediate changes for customers, but there is opportunity for Xeikon to leverage some of its existing technology going forward. There are opportunities to have the Flint Group’s ink companies involved with the ink component of Jetrion. Xeikon has developed its X-800 DFE platform with an emphasis on label production and uses it for all other equipment, including Panther, although the company reiterated plans for the Jetrion line to be powered by EFI Fiery. Other lessons learned during the development of Panther could also be leveraged to retool and even expand the existing Jetrion line.

Final Thoughts

The greatest, initial benefactor to the agreement will be existing Jetrion customers who will see expanded service and support from Xeikon which has been at the forefront of digital label production for many years. Users will also be able to join Xeikon’s business development program aXelerate, which helps label converters build applications and sell digital output to grow their business.

IPEX 2017 – feeling the pulse

Ralf Schlozer
 Nov 2, 2017

Many print industry pundits will still eagerly remember IPEX as the second most important trade show for the graphic arts industry. Held at mid-term between two drupa trade shows, IPEX was the show to kick the tyres of new products that just reached the market after being previewed at drupa as technology demo.

That held true until IPEX 2014, when the show essentially imploded. Most major exhibitors pulled out leading to a much smaller footprint with 15,000 m², down from 50,000 m² in 2010. Declining margins in the printing industry did take their toll, with exhibitors questioning the return for a costly trade show presence. The show’s move to London did not help IPEX either. The hope of addressing new overseas visitors failed, and UK printers shunned the travel into central London. Although plans for IPEX 2018 to take place from 19 to 24 March 2018 at the Excel, London were announced, everybody expected this to be the end of IPEX.

As a bit of a surprise came the announcement of IPEX 2017, back again in Birmingham. The timing for autumn 2017 was set as the drupa organisers were still aiming for a three-year cycle, so that IPEX would again fall in the middle between two drupa shows. Certainly, the return of IPEX was not on the big scale it once had. IPEX 2017 occupied just parts of one hall of the NEC exhibition centre, instead of 11 of them in 2010, with ample space left to squeeze in more booths. Most equipment vendors did not join the IPEX bandwagon in 2017 either, with Ricoh being the only major digital print equipment manufacturer exhibiting. Other vendors were present via dealers or driving finishing equipment in the booths of finishing equipment vendors. It is noteworthy that finishing vendors did contribute most to the footprint of the show, complemented by software and supplies vendors.

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PDN PhotoPlus 2017 – Photo Fun in NYC

Carrie Sylvester
 Nov 1, 2017

The annual PDN PhotoPlus Conference & Expo (PPE) was held October 26-28, 2017 at the Jacob Javits Convention Center in New York City.

PhotoPlus Expo (PPE) draws a sizeable crowd from the surrounding metropolitan area and has become one of the East Coast’s largest photography, filmmaking and digital imaging events. The show highlighted 250 exhibitors and was expected to draw nearly 20,000- attendees. 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. Although this is one of the biggest photography events on the East Coast, there were no new cameras introductions during the expo but that doesn’t mean there wasn’t a lot to do and see on the show floor. Read more »

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