Product category:
General Print Supplies, Services for Printers
News Release from: The TripleArc Group
Edited by the Printingtalk Editorial
Team on 12 April 2004
Print Management's 15% Growth Excites
TripleArc
The TripleArc Group has said that print management is one of the most exciting and the fastest growing sectors of the print industry.
The TripleArc Group has said that print management is one of the most exciting and the fastest growing sectors of the print industry The sector is estimated to currently be worth some ?1.2bn, approximately 10% of the UK print market, and is estimated to be growing at 15% a year
This article was originally published on Printingtalk on 22 Jul 2004 at 8.00am (UK)
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The company's acquisition of Access Plus in November 2003 has increased the group's range of services, experience and expertise in the print management sector, as well as providing a good geographical and logistical network it said.
The group added that it is now placed in the top five print management companies in the UK.
"TripleArc will be able to roll out its sophisticated technology solutions across the enlarged print management operation to enhance the service offering to our customers and streamline the way we do business internally, with our clients and with our suppliers.
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A challenging business environment is pushing companies to adopt best practices in procurement, including a willingness to outsource 'back-office' functions, which is helping to fuel the growth of the print management sector," said Jason Cromack, TripleArc's chief executive officer.
With an increasing number of print management contracts becoming available and the size of contracts increasing, the group's enlarged scale makes it well positioned to capitalise on the opportunities in this growing market, he added.
Technology adoption is continuing to gain momentum throughout the print and graphic arts industry and again the group is well placed to capitalise on the opportunities becoming available as the industry adopts Job Definition Format (JDF), the new print industry job ticket standard which remains at the core of our technologies, he commented.
TripleArc provides print management services directly to print buying customers across a diversity of industries that includes the retail, financial services, leisure, public and publishing sectors.
"We save our customers time and expense by utilising our expertise in project management, new digital and workflow technologies, purchasing print and managing suppliers: allowing customers to outsource some, or all, of the complex process of buying print," Cromack said.
The print management division of the group, gl2, had shown dramatic growth of over 100%.
"Our research into the requirements of corporate clients moving to outsource their print functions demonstrated that there were key requirements necessary to participate - scale, technology, geographical spread and a strong service model.
The acquisition of Access Plus plc in November 2003 ensured that the we could capitalise on the increasing number of print management contract opportunities available, by enhancing the our ability to meet all those requirements.
The division offers an effective outsourced print buying solution by taking advantage of our proprietary Collaborative Workflow System," emphasised Cromack.
The efficiencies of using CWS have been demonstrated and the technology has helped the Group win a number of key new customers.
It was firmly implemented within gl2 prior to the acquisition and is being rolled out and bedded down in stages across Access Plus.
The technology division of TripleArc markets and supports the group's proprietary systems, edit2print and iPMS, and provides internal support to the print management division giving a strong competitive advantage to the division TripleArc believes.
CWS has dramatically enhanced internal processes and reduced process costs and times within gl2.
This has led to improved service levels being achieved with clients, as staff is able to focus on the services they provide to clients, leading to increased revenue opportunities.
As the technology is rolled out across the enlarged print management division the company expects those improvements to continue.
TripleArc's JDF compliant technology remains at the core of its offer and the group is benefiting from the increasing adoption of JDF within the print industry.
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