A business case for taking a hard look at aging printing and imaging technology

<p><a href="http://www.officeproductnews.net/files/HP_Not_Broke.pdf" target="_blank"><img title="A business case for taking a hard look at aging printing and imaging technology" style="border-right: 0px; border-top: 0px; display: inline; margin: 0px 10px 0px 0px; border-left: 0px; border-bottom: 0px" height="214" alt="A business case for taking a hard look at aging printing and imaging technology" src="http://www.officeproductnews.net/files/image_3_122.png" width="170" align="left" border="0" /></a> There has been a significant shift in the way organizations think about the cost and value associated with printing and imaging. In view of the findings of leading industry analysts such as Gartner and IDC (see Fast Facts on page 4), organizations are eager to trim document output costs, which are now estimated at between one and three percent of revenue. Productivity expenditures are thought to be even greater, with IT professionals typically spending up to 15 percent of their time on printing and related issues. These experts and others suggest that savings of as much as 30 percent of overall printing costs can be obtained through active management of the document output environment.</p> <p>Because it pays to get rightsizing right <br />A growing majority of companies are turning to rightsizing as a strategy to optimize their document output fleet. It’s a move that is beginning to have a significant impact on fleet size. Yet smaller fleets do not automatically add up to lower management and support costs. The failure lies not in rightsizing as a strategy, but rather in the mistaken way some companies approach its implementation. Lacking a sound life-cycle management plan, such companies steadfastly hang on to document output devices until they are completely inoperable rather than invest in newer technology. Today it is not uncommon to find that as much as 50 percent of the devices in an organization’s printer fleet are more than five years old. Considering that supply costs for older workgroup printers can be as much as twice those for today’s multifunction printers (MFPs), this effort to stretch initial capital investment, and thereby maximize ROI, leaves many organizations spending more, not less. Thanks to recent technological advances, many newer output devices now offer significant savings in supplies and energy costs while enhancing productivity.</p> <!--break--> <div class="wlWriterEditableSmartContent" id="scid:8eb9d37f-1541-4f29-b6f4-1eea890d4876:9b1a780b-9b17-4fd1-be6e-c085e98dba0f" style="padding-right: 0px; display: inline; padding-left: 0px; float: none; padding-bottom: 0px; margin: 0px; padding-top: 0px"><p><div>Download the full whitepaper: <a href="http://www.officeproductnews.net/files/HP_Not_Broke.pdf" target="_blank">HP Not Broke</a></div></p></div>