In the News – July 29th

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Jul 29, 2011

InfoTrends is frequently asked to provide quotes and data for leading news outlets. Here are just some of the recent stories that InfoTrends information has been featured in:

Consumer & Professional Imaging

5 Successful Companies That Survived The Dotcom Bubble
Source: Yahoo! Finance

Shutterfly is an internet-based personal publishing service that allows users to create prints, calendars, photo books, cards, stationery and photo-sharing websites. Founded in 1999, Shutterfly survived the dotcom bust to go public on September 30, 2006 with an IPO share price of $15.55. Shutterfly is up against big competitors, including Snapfish and Kodak. According to InfoTrends, the three companies together control approximately 85% of the online photo and merchandise market. Today, Shutterfly trades above $60 per share.

Photographic Film: Its End May Be Near
Source: Seattle Times

For InfoTrends imaging analyst Ed Lee, film’s fade-out is moving sharply into focus: “If I extrapolate the trend for film sales and retirements of film cameras, it looks like film will be mostly gone in the U.S. by the end of the decade.”

H-E-B Photo Lab Closing July 25
Source: Brenham Banner-Press

In fact, Americans are expected to take just 1.4 billion photographs with film cameras this year, according to market research company InfoTrends Inc. That’s just a fraction of the 26 billion they took 10 years ago. By contrast, they’ll take 80 billion digital photos this year.

Office Technology & Services

Document Imaging Systems Mature, Offer Expanded Options to Users
Source: (Part of the TechTarget Network)

The economy, unsurprisingly, has had a big impact on accelerating the adoption of document imaging systems and scanning equipment as a means of reducing labor and operating costs. Businesses continue to be pressed to cut costs while remaining profitable. “One way to do that is by automating processes,” said Anne Valaitis, associate director of image scanning trends for InfoTrends, a market research and consulting firm based in Weymouth, Mass.

Printers May Expose Companies to Security Risk
Source: NewsTime

Groenert says that awareness of the importance of document output security is starting to grow throughout the world as companies begin to the feel the heat from regulators and lawmakers. A 2010 survey from InfoTrends found that 40% of businesses that have not implemented secure printing and document management plan to do so soon while 40% that have secured printing plan to beef security up even further.

Best Practices for Transitioning to Managed Print Services
Source: Vertical Systems Reseller

According to a recent report by InfoTrends, North American MPS revenue is expected to increase from $5.9 billion in 2009 to just over $12 billion in 2014, demonstrating a 15 percent compound annual growth rate. That translates into a huge opportunity for solution providers in the print space.

Production Printing & Media

Marketing Made Easy
Source: Business TECHEdge

Ordering print over the Web is growing. According to research firm InfoTrends, Inc., the share of e-enabled commercial print volume–submitted via a W2P solution–in the U.S. will double from 15 percent in 2009 to 30 percent in 2014. When compared to data from 2000, the firm’s research indicates that the percentage has grown over five times from less than three percent. By 2014, InfoTrends projects that $31 billion of the $107 billion commercial print revenues will be submitted through a W2P system.

Ian Mayor, editor, writes…
Source: Printing Talk

There was a concerted period where converters worldwide spent USD166m (GBP101m) on colour digital presses during 2010, and that total is expected to grow at a 10.3 per cent annual rate until 2015. That is impressive by anyone’s standards.

The data has been released by InfoTrends in its latest forecast for colour digital presses in packaging. According to the research organisation, the same cannot be said for inkjet printers within the packaging sector, where the penetration of this technology is not as robust as for digital machines.

InfoTrends Report Ranks Roland DGA Corp. Number One in the North American Durable Graphics Printing Market
Source: Marketwire

According to the InfoTrends 2010 Quarterly Wide-Format Tracking Shipping Project report, Roland sold nearly twice as many printers in 2010 priced under $30,000 into the North American marketplace as its nearest competitors. The report cites Roland’s extensive support services and product reliability, as well as its in-depth understanding of customers and their unique business requirements, as key factors driving the company’s success.

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