Fuji Xerox eyes super profits

Copier and printer maker Fuji Xerox wants to nearly double revenues from its print outsourcing business by March 2014, writes Channel News Asia,com.

The company says it will focus on becoming a printing service provider rather than a device seller, as the market for office equipment becomes saturated.

Fuji Xerox, a joint venture between Japan's Fujifilm Holdings and Xerox of the US, targets 150 billion yen in revenues from its document outsourcing business for the year ending March 2014, up from 88 billion yen in 2010.

The group is weaning away from its reliance on sales of printers and copiers to drive revenues. Instead, it is positioning itself as a document service provider that will help companies cut printing costs.

Meanwhile, Fuji Xerox has unveiled a managed print services (MPS) solution to help companies optimise their print operations and to bring about cost savings, reports Asia Pacific Future Gov.

The newly-released MPS, called Enterprise Print Service, is an end-to-end enterprise document management outsourcing service designed to manage documents - from the office to the in-house print centre to remote or mobile printing.

The service also extends to mailrooms and the designing of documents. With Enterprise Print Service, organisations can reduce their total cost of ownership across the enterprise print infrastructure and improve their business processes.