While many industry sectors are enjoying a significant reversal in fortunes following a difficult 12 months, for many of those involved in the print industry the market remains challenging following the dramatic decline in print volumes. Unfortunately, while many organizations are starting to reverse their work from home policies leading to an increase in the level of office printing activity, the level of activity is not expected to reach anywhere near pre-COVID levels.
For many enterprise and government organizations there is no real appetite for a full return and in most cases the preferred option is a hybrid model where employees are expected in the office for just one day or two days a week. Against this backdrop, and the high cost of city centre office space, organizations are also evaluating their office space requirements and locations. In this environment where many printers are now surplus to requirement, it is hard to see any meaningful growth in demand for new hardware and peripherals appearing in the short term. In addition, there is now a global hardware supply chain problem driven by a global chip shortage and logistics issues.
If MPS providers are to maintain business headway in these challenging conditions, they will need to re-think their business model and offering. For many diversifying their portfolio to embrace multi-vendor fleet and vendor neutral software and service solutions (that meet today’s business and market needs) has proved to be a particularly positive move. One particular area that is bucking the trend and growing in the current market is print related data security solutions that help to address regulatory compliance requirements, support the evolving hybrid work environment, and multi-vendor print fleet.
FollowMe® from Ringdale is a scalable enterprise level print management solution that works seamlessly with all the major print and MFP vendors providing the best in class DLP capability, and essential compliance and tracking features for both corporate and home office workplace environments.
Contact the FollowMe team at Ringdale® to discover why the world’s leading enterprise and government organizations rely on our FollowMe® Print Management solution to support their corporate workplace and home office print security and compliance requirements.
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Source: Ringdale
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