Cut printing costs by up to 30%
According to Gartner's report, "Actively managing office printing can lead to a reduction of 10% to 30% in recurring spending on document output.".(1) Companies are looking for immediate ways to reduce capital investments and cut operating costs. HP Managed Print Services can help your organisation achieve cost savings of up to 30%, and strategically streamline the management of your output print environment, minimise costs, and maximise business results.
Today, "organisations spend between 1 and 3% of their revenue on print"(2). And yet, how many companies are tracking and managing their printing costs?
If a company spends 2.5% of their $100 million revenue on printing, it spends $2.5 million on printing. If that company can cut 30% of those costs, it would provide immediate savings of almost three quarters of a million dollars. And some of that savings can be seen this year.
Industry analysts are validating the strategic role that HP MPS plays:
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HP emerges as the "undisputed market leader" in Asia Pacific, Excluding Japan (APEJ) based on Springboard’s Vendor Maturity Index for Asia Pacific MPS Market(3) |
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HP is the number one preferred vendor of choice for MPS, associated with managed service in IDC's latest peripherals end-user research(4) |
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Gartner placed HP in the Leaders Quadrant in its Magic Quadrant for Managed Print Services Worldwide(5) |
Immediate cost-saving opportunities can be found in managing the behaviour of printing in your organisation by utilising HP innovations to reduce energy costs and control over the output environment. HP MPS customers who are reaping tangible cost-savings:
| HP MPS customers |
Tangible benefits from their HP MPS deployment |
New South Wales Department of Education and Training (Australia) |
- Expected savings of AU$25-35 million yearly
- Potential to reduce paper consumption by up to 700 million pages yearly |
ISS Hong Kong |
- Reduced total cost of ownership by 50% |
WISDRI Engineering & Research Incorporation Limited (China) |
- Reduced printing costs by more than 20% |
Leighton Contractors (Australia) |
- Approximately 50% savings in utility costs |
Go green in your printing environment for cost savings
"IDC research highlighted that in 2008, roughly 50 cents was spent on energy costs for every dollar of new hardware."
"In IDC's Green Poll, 2008, 32% of the 582 respondents identified peripherals as the product having the second most negative impact on the environment after PC hardware."
Source: 'The Green Office: The Importance of Peripherals in the Green IT Ecosystem', Philip Carter, IDC Asia/Pacific, March 2009
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Implementing HP Managed Print Services on the merits of the business benefits alone is a smart decision for many organisations. Factor in reduced environmental impact and the business case becomes even more compelling. Pre- and post-analysis of some HP MPS customers' imaging and printing operations reveal energy savings of between 30% and 80% and reductions in paper consumption in the millions of pages.(6)
| HP MPS customers |
Tangible benefits from their HP MPS deployment |
3M (US) |
- More than US$3 million savings in first two years of MPS contract
- Reduced energy consumption by an estimated 79.9%, saving more than US$1.2 million in energy costs |
Viacom (US) |
- Estimated reduction in number of printed pages by 12.5%
- Used 66.2% less energy after MPS program was implemented |
» Read case studies on HP MPS customers
» NEW – Read IDC Analyst Connection Report to understand the importance of peripherals in the green IT ecosystem
How HP Managed Print Services can help
| Through HP MPS, businesses also have the opportunity to upgrade their printer fleet to reduce their total cost of ownership by managing capital outlay, managing older equipment effectively and environmentally, and simplifying hardware procurement. |
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HP Managed Print Services provide customised and outsourced management of your printing and imaging infrastructure in the following areas:
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Assessment: Gain more visibility of the total cost of owning and running your organisation's current printing and imaging infrastructure
» NEW – Download the HP Imaging and Printing Assessment Services brochure to find out more [updated on 17/11/08]
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Finance and procurement: Helps reduce your total cost of ownership |
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Transition and implementation: Helps deliver continuous return on investment |
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Management and support: Enables ongoing ROI through cost-effective, scalable support services to maximise productivity |
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Document and workflow: Helps increase business efficiency |
» NEW – Watch HP-hosted MPS video webcast featuring Gartner [Update on 14/07/09]
» Download the HP Managed Print Services brief
» Download the HP Managed Print Services datasheet
» Contact HP for more information on HP Managed Print Services
(1) "Actively managing office printing can lead to a reduction of 10% to 30% in recurring spending on document output." – Gartner, "Cost-Cutting Initiatives for Office Printing", Sharon McNee, Ken Weilerstein, 22 Feb 2008
(2) Source: Gartner, "Reducing Paper Consumption Will Drive Down Costs and Improve Workflows", Malcolm John Hancock, 22 December 2008
(3) Source: Springboard Research, 'Dude, Where's my Printer? – Managed Print Services in Asia Pacific, Market Forecast 2007 - 2012', Sanchit Vir Gogia, Phil Hassey, February 2009
(4) IDC Report "Document Solutions and Services – Certain Opportunities in an Uncertain Market, February 2009".
(5) Gartner, "Magic Quadrant for Managed Print Services Worldwide," by K. Weilerstein, et al. Sept. 25, 2008. The Magic Quadrant is copyrighted Sept. 25, 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
(6) HP Managed Print Services (MPS) can help companies lower costs, simplify printing management, streamline recycling and disposal, cut paper usage and reduce the company's carbon footprint. Pre- and post-analysis of some HP MPS customers' imaging and printing operations reveals energy savings between 30 percent and 80 percent and reductions in paper consumption in the millions of pages.
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