According to Gartner, for every $500K in annual revenue, there’s an opportunity to cut print costs by 10% to 30%. With the worldwide enterprise print market exceeding $172 billion in 2015, the potential savings are enormous no matter the size of the organization.
The print cost reduction challenge
Historically, print purchases, management, and configuration were accomplished at the departmental level resulting in “printer sprawl” or “break-fix delivery,” as industry experts call it. In this scenario, equipment fails and is quickly replaced in order to prevent staff downtime, but there isn’t a cohesive strategy to inform buying decisions. With cohesion and strategy missing, the organization’s printer fleet adopts an ad-hoc appearance with a wide variety of manufacturers, vendors, and capabilities.