Posts tagged: Vertical Markets

Xerox Making MFPs Smarter with New Enhancements

Allison Correia
 Mar 11, 2016

Xerox ConnectKey User Interface

Yesterday, March 10th, Xerox announced advancements to its Xerox ConnectKey technology to expand what multifunction printers (MFPs) can do in the workplace. The Xerox ConnectKey-enabled i-Series MFPs are equipped with ready-to-use apps, speed up paper-dependent business processes and make it easier for users to collaborate and work more effectively. The technology also gives Xerox and its partners opportunities to better understand customer business needs and uncover new recurring revenue streams. Read more »

Xerox Announces Next Generation Workflow Automation Solutions and More

Allison Correia
 Nov 17, 2015

On November 16th, Xerox announced two new workflow automation solutions for the insurance industry and HR departments, updated versions of two of their platforms (Digital Alternatives and DocuShare), and new components of their MPS strategy for the channel.

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Exploring Automation Opportunities within Accounting

Allison Correia
 Aug 20, 2014

InfoTrends recently published an in-depth primary research study on the accounting horizontal within the Business Process Automation Consulting Service. InfoTrends identified five key accounting workflow areas: 1) Sales Operations, 2) Purchasing, 3) Accounts Payable, 4) Accounts Receivable, and 5) Expense Reporting. Within those areas, InfoTrends discovered several major manual processes that demonstrate the biggest areas for automation opportunity for vendors: purchase orders, expense reports, invoices, contract agreement & terms, credit collections, and payments. Read more »

Manufacturing Industry Ripe for Automation Opportunities

Other Posts
 Aug 28, 2013

InfoTrends recently published its second in-depth primary research study on the manufacturing industry within the Business Process Automation Consulting Service. The manufacturing industry is a dynamic market with several sub-industries that can vary greatly in size and output demand, and because of these widespread differences, certain processes may require more exhaustive and paper-intensive workflows. InfoTrends broke down the manufacturing industry into four key workflow areas: 1) Product Planning/Design, 2) Procurement, 3) Production, and 4) Fulfillment. Within those areas, we broke down the industry further and discovered several major manual processes that demonstrate the biggest areas for automation opportunity for vendors: 1) Sample testing and trials, 2) Quality assurance/product inspections, 3) On-site supplier audits, and 4) Warehousing.

The following chart is an example of one of the most paper-intensive areas in manufacturing — Sample Testing and Trials. Due to the high frequency of the sample testing and trials process (occurring on average of five times per product) and paper being used roughly 38% of the time, automating this area will improve processing times and compliance initiatives (both of which are the top goals and objectives for manufacturing organizations today).

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Office Solutions Market Projected to Reach $2.8B by 2017

Other Posts
 Jul 30, 2013

InfoTrends recently published its annual North America Network Document Solutions Forecast: 2012-2017 for the Office Solutions market, which demonstrates solid growth at a CAGR of 8.5% with total revenues reaching above $2.8 billion by 2017. Broken out by revenue category, distribution channels, and company size, InfoTrends provides YOY revenue adjustments within the Device Management, Output Management, Capture Workflow, and Document Management areas, including mobile and SaaS solutions.  Overall, capture/workflow, document management and output management show the strongest growth rates, while device management is predicted to generate smaller revenue numbers. Because MPS offerings are shifting from traditional hardware to advanced solutions engagements, and the surge of mobile and cloud solutions continue to transform the office environment, InfoTrends expects medium-sized organizations and business process automation solutions to drive long-term growth opportunity.

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2016 InfoTrends, Inc.

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