Posts tagged: Esko

Why Was ESKOWorld 2017 Worth My Time?

Pat McGrew
 May 25, 2017

Pat McGrew
Director, Production Workflow Services
Keypoint Intelligence

Most vendors have learned the value of user group meetings. They bring together their customers and their product teams, open the door to learn more about customer requirements, and build a sense of community that leads to customer loyalty. The team behind ESKOWorld, the North American user conference for users of ESKO (www.esko.com) packaging, printing and finishing solutions, accepted their mission and, with the help of their customer advisory council, created a well thought out agenda that addressed the needs of over 500 users and 100 brand owners and agencies.

One of the harder things to do at these conferences is to provide guidance on the product roadmaps. A company like Esko is managing more than a dozen products, each with enthusiastic customers looking for guidance, and a passionate product team wanting to share. At ESKOWorld the solution to sharing the roadmaps for the large product set came in two shots: an innovative set of short presentations by the product managers during the opening and dedicated roadmap sessions. For customers not familiar with the range of offerings, that overview from the product managers was an excellent way to bring everyone up to speed. Whether it was a 20year-old product like ArtiosCAD or a newer set of products like Studio or Keyshot, everyone gave you a reason to want to learn more. How can you resist wanting to know more about Studio, a product that allows you to see things that do not currently exist and to create variations before deciding on the final execution? Even the Automation Engine has had a makeover with a new browser-based user interface.

Another hard thing to program is the keynote, but this was not an issue. Dr. Alan Beaulieu of ITR Economics brought one of the best overviews of the economics of the market we live in, with a good dose of which things to pay attention to and why. One of his more interesting points was that organizations must drive efficiencies to grow –a key element of the workflow story – but also that marketing is an essential element due to the competition.

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Danaher Will Buy X-Rite

Bob Leahey
 Apr 25, 2012

Danaher Corporation, an industrial and healthcare manufacturing conglomerate, made news again this month for another purchase that is important to the color digital printing world. This came when Danaher announced that it will buy X-Rite Inc., which makes color measurement systems. X-Rite also is the parent of Pantone, the formulator of color standards for print service providers, including converters of labels and packaging for consumer products. Danaher’s offer values X-Rite at $5.55 a share, or about $479 million. This is a 39% premium over X-Rite’s closing share price of $4.00 on April 9, 2012, which was the last trading day prior to the announcement. Stockholders representing approximately 68% of the voting power of X-Rite’s outstanding shares reportedly intend to tender their shares into the offer. The deal is subject to regulatory approval and closing conditions, but is expected to close by July 1, 2012. Observers of the CDLP market will remember that Danaher made a similarly important purchase in 2011, with the acquisition of Esko.
For its 2012 investment, Danaher will net a company that is highly influential in the packaging and label industries. X-Rite’s spectrophotometers, colorimeters, densitometers, and related products are widely used by converters and other print service providers to test color reproduction, a vital topic in the representation of consumer brands. At the same time, X-Rite’s Pantone business is one of world’s top sources of color standards. The Pantone Matching System (PMS) colors are commonly the choice of brand owners worldwide. PMS colors may be less influential in other regions than they are in North America, but many global brands often have a high reliance on them. One sign of their importance is that, among color digital label and packaging (CDLP) press manufacturers, it is common for an individual vendor to describe a new press’s color printing capability by estimating the percentage of PMS colors that the press can reproduce.
Danaher’s 2011 purchase of Esko, which was then called Esko Artwork, was a somewhat smaller investment, $470 million. Danaher closed that deal at the middle of 2011, and thus added to its portfolio one of the top suppliers of design and workflow software for the packaging and label converting industry. Esko became part of Danaher’s “Product Identification” group, whose anchor member is Videojet Technologies (Wood Dale, IL), the leading vendor globally for monochrome inkjet coding systems. While there is no obvious synergy between Esko and Videojet, Esko has continued to thrive as an independent company within the group. Assuming the newest Danaher purchase goes through, the conglomerate’s Product Identification group will soon have Esko, X-Rite, and Pantone within it, and there will be synergy between their various products and services.
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Hardly any hardware developments as wide-format wakes up to workflow at Fespa Digital 2012

Other Posts
 Feb 28, 2012

Fespa Digital was held last week and the overarching theme was workflow for wide-format. While the single biggest launch at Fespa was the Mimaki JV-400 with its Latex or solvent UV ink options (see Tim Greene’s recent blog here for more information), the area where there were the most announcements and developments was in the workflow space. Wide-format has long lagged small format digital, and for that matter analogue print in the sophistication of its workflow. Recent developments show it is catching up at least and may even be overtaking those sectors.

At Fespa new products were announced by GMG, SAi, Esko, ONYX and Xanté, while other established wide-format workflow vendors such as Caldera refreshed some products for SGIA in the USA at the end of last year and plan further developments around Drupa in Germany this May. Read more »

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