| NORWALK, Conn., April 22, 2009 -- Xerox Corporation today announced Xerox Print
Services, a set of services and tools that help small and mid-sized businesses
(SMBs) better manage their printing infrastructure and reduce costs. Delivered
through the company's network of channel partners, Xerox Print Services is based
on the company's industry-leading enterprise managed print services that Xerox
provides directly to corporations like Procter & Gamble, KeyCorp and Dillard's,
Inc.
Xerox Print Services is part of the company's channel managed print services
portfolio - which offers a common technology platform and global support infrastructure
that is customized by geography to meet specific channel and delivery requirements.
Xerox Print Services is currently available in Western Europe only; North America
and other countries will offer their own versions in the third quarter of this
year.
"Just like major corporations, small and medium-sized businesses are looking
for ways to cut costs - and we are equipping our channel partners with the technology
and knowledge to make that possible," said Stephen Cronin, president, Xerox
Global Services. "To simplify for our customers how to better manage their
printing, we're taking a brand-agnostic approach to the value we provide to
SMBs. Regardless of the type of document device or brand, Xerox Print Services
can help lower print and copy costs, reduce IT support and increase office productivity."
Xerox Print Services give partners the flexibility to build their own branded
capability while taking advantage of the training, services, supplies, software
and technology support provided worldwide through Xerox.
For example, partners will undergo a comprehensive accreditation course covering
areas key to a managed print services deployment, such as assessment, design,
implementation and management. Partners will receive detailed reports on equipment
and network usage patterns and have access to third-party supplies and break-fix
support for competitive equipment at favorable terms negotiated by Xerox.
"Leveraging the management infrastructure that Xerox has invested in for
several years and making it available to medium-sized companies should significantly
increase the consideration rate for this offering," said Michael Orasin,
research manager for Hardcopy Document Software & Services, IDC. The firm
predicts the managed print services market to be a $21.2 billion worldwide opportunity
in 2011.
In 2008, Xerox was positioned by Gartner, Inc., in the Leaders Quadrant in
both the "Magic Quadrant for Managed Print Services Worldwide1" and
"Magic Quadrant for MFPs and Printers2" reports. The Magic Quadrants
offer visual snapshots of a market's direction and maturity as well as key market
participants - vendors which Gartner evaluates on completeness of vision and
ability to execute.
Pricing
Xerox Print Services feature an all-inclusive approach, in which customers pay
only for the software and services used.
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1Gartner "Magic Quadrants
for Managed Print Services Worldwide" by K. Weilerstein, et al. September
25, 2008.
2Gartner "Magic Quadrant for MFPs and Printers"
by Don Dixon, et al. December 9, 2008.
The Gartner Magic Quadrants are copyrighted 2008 by Gartner,
Inc., and are 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.
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