Posts tagged: Workflow

Interprint Digitally Prints Décor Paper with KBA’s RotaJET Technology

Ron Gilboa
 May 13, 2015

Interprint one of the world’s most prominent manufacturers of décor paper for the laminate industry has gone digital. In a press release dated May 5th 2015, the company stated their strategy to use digital printing technology to address the growing demand for shorter runs of décor paper used in the manufacturing process of decorative laminates used for furniture, cabinetry, kitchen counters, doors, and other woodworking applications. Interprint is using the marketing slogan “Hello World!” to introduce its clients to this investment in digital innovation, a KBA RotaJET with a print width of 1.68 meters capable of speed up to 150 meters per minute. This CMYK device is capable of producing over 3.7 million square meters per month (based on a speed of 150 meters per minute, a 1.68 meter width, 2 shifts a day, and 22 days a month operating at 70% productivity).

Interprint is using the slogan “Hello world!” to promote its new capabilities (Source: Interprint)

Interprint is using the slogan “Hello world!” to promote its new capabilities (Source: Interprint)

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Leading with Workflow – Canon-Océ Commercial Printing Business Days

Ralf Schlozer
 May 12, 2015

The importance of workflow and the matching software ecosystem has been frequently publicised and although not every user might have realised it yet, all production printing hardware vendors are strengthening their offerings in workflow and solutions nowadays. The importance of workflow is however in stark contrast with the lack of approaches in making the benefits of workflow visible in an exhibition or open house environment. Software remains intangible and while the benefit of some features can be calculated in time and money, for other features like customer satisfaction, error reduction, new services offerings and overall process efficiency calculating the exact value for a single business case is much harder.

Canon-Océ already organised several Commercial Printing Business Days, but for the event that took place in April 2015 the software portfolio was targeted to take centre stage. Presentations, workshops and customer testimonials focussed on workflow solutions. Canon-Océ invited users and prospects with interest in workflow solutions and had a total attendance of 550 visitors from around the globe at the three days of the event.

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Lexmark International Set to Acquire Kofax Ltd

Anne Valaitis
 Mar 25, 2015

 

 

In what seems to be shaping up as an exciting year in document and information technology, late yesterday it was announced that Lexmark International would seek to acquire Kofax Ltd for approximately $11 a share, or $1 billion. Upon news of the agreement, Kofax shares spiked 36%.  This is most certainly a disruptive move by Lexington, Kentucky-based Lexmark, and it positions them to be a “powerhouse” in intelligent capture and document processing while adding sophisticated platform capabilities for BPM.

Lexmark’s most recent acquisitions:

 

Lexmark’s acquisition spree kicked off in 2010, when the company acquired Kansas-based Perceptive Software (for a reported $280 million) with the goal of transitioning from a hardware-centric vendor to a solutions provider. Perceptive Software was a major provider of ECM software and solutions with specific strength in the higher education, healthcare and government sectors and its Image Now software platform offers a broad range of workflow solutions.

The marriage offered clear synergies for growth at a time when Lexmark’s revenue had slumped following the decline of the inkjet market.  Lexmark’s subsequent exit from the inkjet business reaffirmed the importance of new revenues streams. Lexmark, with its global infrastructure of direct & indirect channel for printing hardware, was an excellent fit for Perceptive with its advanced software solutions and vertical expertise. Both came from positions of strength in the medium sized business sector reaching up to the enterprise.

 

 

 

Irvine California-based Kofax provides a diverse set of software and platform solutions for information intensive customer interactions.  With $297 million in revenues reported in 2014, the company has direct sales operations in 30 countries and 850 channel partners working in 70 countries. Kofax has also made strategic acquisition investments in recent years.  In February 2013, Kofax acquired Altosoft to add business intelligence and analytics, then shortly after in July they acquired Kapow for data analytics. In September 2014, Kofax further strengthened its capabilities by obtaining Softpro GmbH for e-signature and fraud detection.
The combination of solutions from Lexmark (with Perceptive) and Kofax for sophisticated capture, intelligent routing, data mining/analytics and other key business processes creates a very strong and comprehensive portfolio.

“The acquisition of Kofax enhances our best-in-class offerings so our customers can capture, manage, access, and act upon their information more efficiently, and extends Lexmark into the high-growth smart process applications market,” said Paul Rooke, Lexmark chairman and chief executive officer. “Our customers will have a breadth of hardware and software solutions that connect their information silos and automate their business processes – enabling them to access the most relevant information at the moment they need it to drive business forward”.

“We believe joining forces with Lexmark benefits our customers, partners, employees and shareholders and the merger will build on Kofax’s rich history of continuous innovation,” said Reynolds C. Bish, chief executive officer, Kofax. “Our market-leading ability to simplify and transform the First Mile™ of customer engagement is a strong complement to Perceptive Software’s strength in managing information across silos. As a result, we’re excited about the future and working together to realize the full potential of this opportunity to the benefit of all stakeholders.”

 

The Kofax acquisition reflects Lexmark’s ever-growing emphasis on software (including enterprise content management, business process management, document output management, search, intelligent capture software, vertical-oriented solutions); other high value offerings like laser products and MPS; and creating synergies among all three. The Kofax pickup also provides Lexmark with strong end to end vertical industry solutions such as financial services, insurance and healthcare, thus providing a foothold in the entire document lifecycle.     This is a significant move for Lexmark into software, considering a short time ago they were primarily print focused. This industry will continue to change and transform rapidly away from printed pages, and towards flexible, sophisticated solutions designed to solve business problems.

 

Ricoh Announces Platform at LegalTech to Enhance Workflows and Reduce Costs for Law Firms

Allison Correia
 Feb 19, 2015

This year at the annual LegalTech show held Feb. 3-5 at the New York City Hilton Midtown, over 100 exhibitors shared the tradeshow floor to demonstrate and display their robust technology geared to help law firms and legal professionals optimize their businesses and workflows. One of the most exciting announcements of the show was Ricoh’s newest offering that they are temporarily calling “Legal MFP”, a platform that can be used on select Ricoh MFP devices to improve end-user workflow while enhancing operational efficiencies, and lowering costs. Read more »

A New Breed of Print Production Workflow

Ryan McAbee
 Feb 5, 2015

A new class of production workflows, which we refer to as “compact workflows,” received attention in 2014 and should gain traction with customers this year. Unlike existing workflows for digital printing, compact workflows incorporate aspects of online ordering, print management, production workflow, output management Read more »

From Trade Bindery to Full On-Demand Book Production

Other Posts
 Jan 26, 2015

In the past few years we have heard an awful lot about the printers adding additional services to stay competitive in their respective markets. So it was particularly interesting when Bridgeport National Bindery in Agawam, MA, a trade binder at heart, took the opposite course and added digital printing as a service. For most of the company’s history its sales representatives traveled throughout the Northeastern United States convincing print shops to send them their printed material for binding and distribution. This meant shipping and storing printed pages, having extra printed pages on hand in case of errors, and finally distributing completed work or shipping it back to the printer. It’s easy to see how that business process could be streamlined, and since 2005 Bridgeport National has been active in the print-on-demand market (POD). Their origins as a trade bindery, however, left them in an advantageous position when it comes to POD book printing due to the wide variety of applications and experience they have gained.

Last month Bridgeport National Bindery hosted an HP “Print your Future” event at Read more »

HP and NEAT ® Partner to Bring Organization to the Home Office

Anne Valaitis
 Sep 29, 2014

This week HP introduced the new model Officejet 8040 e-All-in-One Printer. A complete system designed to make the home/small office more productive, efficient and highly organized. HP and NEAT have entered into a new partnership that would provide the NEAT cloud based filing service with an all-in-one printer as a full package. This product is designed to center on the home office, a large and growing area for HP with this device being a focal point to provide additional tools to enhance the work experience and even augment some personal home printing as well. The addition of NEAT, according to HP, will greatly improve the typical home office user experience and address some key pain points. As business grows more paper is produced and received and can create a disorganized and messy work environment that is hard to manage.

As part of this combined offering, at $399 the HP Officejet 8040 printer will include a 3-year NEAT cloud service subscription for free. The connection to NEAT is provided to customers through an installation process, activation of the included hard drive, and mobile app deployment. The setup process is designed to ensure the customer is prepared to begin using the device and the NEAT service account. The account provides access to the NEAT cloud, mobile access and features such as unlimited scanned documents using the control panel from the Officejet 8040.

Other ways to bring documents into NEAT are the mobile app, this allows you to use the camera function on your smartphone and taking a picture of a document, or by using the NEAT application on your PC or MAC. All the documents will use the NEAT smart organization system which includes the (in document identification) ID2 software, reads the documents making it key word searchable and will also extract vital data from items such as business cards and receipts. These systems can aid in finding and searching for content and documents within the NEAT cloud system.

To differentiate the filing solution, according to HP, is the inclusion of a 1tb hard drive. For customers that may feel reluctant to scan certain documents to the cloud, the hard drive gives the opportunity to also store files locally. The hard drive is portable and can be removed from the Officejet 8040 when needed.
HP and NEAT have come together to offer customers a printing solutions that is meant to be simple and easy to use providing greater organization to home offices. Productivity, efficiency and time savings are all being promoted with the solution along with the FREE cloud access that would otherwise be $5.99 a month from NEAT.

InfoTrends feels that this new solution from HP and NEAT is well suited to the targeted audience given that both companies share brand awareness to the home office and small business sector. By delivering a total printer based cloud solution, each company can look to develop further into the expansive space of home and small business file organization. Home and small businesses each have needs and requirements to be organized, productive and responsive to customers, this new solution and partnership can now deliver distinct advantages at an attractive pricepoint.

 

 

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 »

OKI and DocuWare Collaborate to Improve Document Processing and Workflow

Allison Correia
 Jun 11, 2014

On June 5th, OKI Data Americas announced the development of DocuWare Module Connect to OKI, which serves as a connector between DocuWare content management solutions and OKI MFPs featuring the smart Extendable Platform. This seamless integration of DocuWare’s solutions and OKI’s smart MFPs enables the digitization of paper documents, optimizing and simplifying document processing and workflow. Read more »

Big Data Trend Continues with New Pharos Solution

Other Posts
 Jun 4, 2014

Bea·con (noun)

: a strong light that can be seen from far away and that is used to help guide ships, airplanes, etc.

: someone or something (such as a country) that guides or gives hope to others.

This term is fitting for Pharos’s next generation of Mindful Print Solutions (its new definition of MPS). InfoTrends recently spoke with Pharos President Keith Nickoloff, CEO Kevin Pickhardt, and CTO Fred Schempp to discuss the release of this new offering. Pharos sees this product as “the next evolution” of its user-driven strategy. Mr. Nickoloff continued to emphasize that “devices don’t print, people do.” Looking at printing from that perspective, it starts to make sense how an analytics-based solution like Beacon can help organizations make smarter and more cost-effective printing decisions. Like a beacon, the solution can help guide users on a new path.

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