In his speech given to the top 50 office equipment resellers at Lexmark HQ in Lexington, Allen Waugerman, President and CEO of Lexmark, discusses the company’s transformative journey from its inception in the mid-1950s to its current standing as a global leader in the technology industry.

Waugerman highlights Lexmark’s commitment to evolving with industry changes, focusing on data-driven insights, and delivering industry-specific solutions. He assures continued investment in technological innovation, the central role of partnerships in their business model, and dedication to their customers and employees.

1. Personal Journey: Waugerman recounts his journey with Lexmark, having joined the company at 18, and how he witnessed its evolution firsthand while working in various departments.
2. Shift in Strategy: The company transitioned in 1995 from focusing on general office needs to providing industry-specific solutions, emphasizing the significance of their insights in healthcare, retail, and other sectors.
3. Commitment to IoT: Lexmark has been investing in IoT for over 20 years, highlighting its importance in their managed print services business and overall company strategy.
4. Importance of Partnerships: Waugerman underscores that Lexmark’s success is intertwined with its partnerships and declares their unwavering commitment to their partners.
5. Employee Pride: He reveals that 95% of Lexmark employees report pride in their work, showing high levels of satisfaction and respect within the company.

SOURCE Industry Analysts Inc.