Jan 22, 2015
EFI Connect, EFI’s annual user conference is currently underway in Las Vegas. Over the years it has grown in size and importance, but has never been as big as this year. An estimated 1,500 attendees have taken three days out of their work schedule to meet and discuss trends in the industry and be educated on EFI and partner offerings. The conference has also attracted a record number of media and analysts; over 70 representatives from 17 countries came to Las Vegas; about 20 of them from Europe. This blog provides an update on some of the interesting happenings and identifies what InfoTrends sees as the biggest news at EFI Connect: the announcement of EFI’s Productivity Suite.
EFI CEO Guy Gecht talking to RR Donnelley CEO Thomas Quinlan III
EFI CEO Guy Gecht’s keynote is always an anticipated event Read more »
Dec 5, 2013
There was an awkward moment in one of the conference sessions at Konica Minolta’s recent dealer meeting. Polly LaBarre, co-author of Mavericks at Work, was summing up her presentation and she asked listeners if they would promise to ‘walk into the office stupider, and ask more questions.’ Promoting stupidity seems like a losing proposition but the ‘asking questions’ part is right on the mark, and I think it is a good reflection of the way that Konica Minolta conducted its ‘Shape the Future’ event, which took place November 17-19 at the Venetian/Palazzo Resort in Las Vegas.
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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.
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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 »