Printing costs have been rising for past few years and has become a headache for companies, add to that employees whose lack of understanding the new and complicated (though creators will argue its done for the betterment and ease of use) technologies make the scene more grim. Firms are now desperate to find out alternative solutions so that they can cut down on costs. Ina recent survey IDC has estimated that companies are spending not less than 10 per cent of their revenues on document production, management and distribution. And if you include the archetypal return on investment (ROI) by outsourcing print management stuff to vendors, the figure would go up to 30 per cent in certain verticals.
Traditional printing companies such as Xerox, HP, Canon and WeP Peripherals are in tune with times trying to offer customized services that enable organizations to outsource their printing requirements. Xerox for Indian customers has launched a service line that is called document outsourcing and communication services (DOCS). This very service targets BFSI (banking, finance, services and insurance), retail, manufacturing and advertising sectors.
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