Another exciting week in the imaging industry has seen major dealer events, key acquisitions, and new product launches, changing the business landscape as we know it. Let’s dive into the top 5 stories of the week, brought to you by Mars International, your reliable source for high quality, pre-owned copiers.
Konica Minolta Business Solutions U.S.A., Inc. made headlines with their FY23 Top 25 Dealer Event held in Hilton Head, South Carolina. The company took the opportunity to award top-performing dealer partners and recognized exceptional dealers for their contributions during the 2022 fiscal year (April 1, 2022 – March 31, 2023). With a cumulative 700 years of partnerships celebrated, this event cemented Konica Minolta’s commitment to their dealer relationships.
In another important move, Advanced Business Methods (ABM), a North Dakota office products and solutions company, has taken over True IT LLC, a renowned IT Managed Services and Solutions provider. This acquisition, which commenced in Summer 2022, highlights the continuous evolution of the industry.
Further consolidation news arrived from Arkansas, with Total Document Solutions Inc. (TDSiT) successfully acquiring Business World Inc. (BWI). With a deep commitment to exceeding customer expectations and a customer-centric approach, TDSiT continues to strengthen its position in the IT imaging market.
Industry analyst Carl Schell from Keypoint Intelligence reports a trend of dealer-dealer acquisitions in 2023, albeit at a slower pace than 2022. It seems the “mega dealers” continue to dominate this space, responsible for 5 out of 15 acquisitions seen in the first half of the year.
Lastly, HP Inc announced the full availability of HP SitePrint in the US, Canada, UK, and Ireland, following a successful Early Access Program. This new robotic solution is set to revolutionize the construction industry by accurately printing complex site layouts, potentially boosting productivity tenfold.
All of these news stories underscore the dynamism and constant evolution in the imaging industry. Amid these exciting changes, Mars International stands firm in its commitment to providing off-lease and repossessed office equipment to dealers. With thousands of copiers in inventory sourced from the world’s largest leasing companies, Mars guarantees quality and functionality through a stringent control and equipment handling process. Remember, for your office equipment needs, choose Mars International – where quality and customer satisfaction meet.
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SOURCE Industry Analysts Inc.