PR Newswire | October 06, 2023
Lexmark, a global imaging and IoT solutions leader, today announced it has again been named a leader in Managed Print Services (MPS) by global print and market insight research firm Quocirca. This is the 11th consecutive year in which Lexmark has earned this recognition.
In its Managed Print Services Market Landscape 2023 report, Quocirca highlights Lexmark's industry expertise, deep sustainability focus, and comprehensive security approach. It also recognizes Lexmark's small and medium businesses (SMB) MPS offering which was expanded in February 2023 with the launch of MPS Express, a solution for SMBs to streamline their document management processes and free them from day-to-day printer management.
Quocirca Director Louella Fernandes said, "Lexmark has a strong heritage in global MPS delivery, particularly excelling in supporting distributed print environments. Its deep vertical industry expertise, mature sustainability focus and comprehensive security approach differentiate Lexmark and ensure its position as an industry leader."
In naming Lexmark a market leader, the report recognizes Lexmark's:
Mature predictive analytics expertise which leverages artificial intelligence and machine learning technologies to support its sensor monitoring and predictive algorithms.
Security-led MPS approach which goes beyond the device, providing customers with a deep understanding of print network security.
Smart Refresh lifecycle management program, which uses performance and usage data to reduce waste by only replacing printers and MFPs at the end of their lifecycle.
Portfolio of cloud solutions and services, including Cloud Bridge technology which enables many devices and fleet environments to simply, securely and flexibly connect to Lexmark cloud infrastructure.
Workflow automation partnerships which form the Lexmark MPS alliance ecosystem, enabling customers to leverage solutions to simplify device management and streamline productivity and output environment from a single source.
Recently expanded MPS offerings for the SMB market.
Quocirca reports that MPS customers expect strong expertise across cybersecurity, cloud offerings and sustainability, and finds Lexmark well positioned to provide all three. Being recognized once again as a global MPS leader by Quocirca validates our efforts to provide our customers with industry leading technologies and services, said Melanie Hudson, Senior Vice President and Chief Commercial Officer, Lexmark.
This year Quocirca has also recognized Lexmark as a leader in its Global Print Security Vendor Landscape report and Cloud Print Services Market Landscape.
Lexmark | October 13, 2023
Lexmark has been named a Leader in the IDC MarketScape: Worldwide Print Transformation 2023 Assessment
IoT solutions like Optra Edge and Optra IoT Platform, allows Lexmark to deliver business value in diverse markets
Strategically targeting customers in banking, retail, manufacturing, and federal agencies, enables the company to harness IoT
Lexmark, the global imaging and IoT solutions leader, has been recognized as a Leader in the 'IDC MarketScape: Worldwide Print Transformation 2023 Assessment.' This recognition highlights Lexmark's commitment to leveraging device data analytics expertise for IoT solutions.
Lexmark operates globally and is known for its strong presence in various sectors, including the top global banks, retailers, pharmacy chains, manufacturers, and federal agencies. These markets include manufacturing quality control, connected products, transportation operations, and retail. Its success is attributed to its device data analytics experience, which led to the development of IoT solutions like Optra Edge and Optra IoT Platform. By harnessing data and analytics, Lexmark has evolved its transformation strategy to drive positive business outcomes for customers.
Lexmark has a history of recognition in IDC MarketScape reports, including managed print and document services/document workflow services, Worldwide Security Solutions and Services Hardcopy, highlighting their consistent leadership in the industry. This recognition by IDC reflects Lexmark's continuous commitment to emerging technologies and its ability to deliver value to customers by applying its technological expertise to address unique challenges in imaging and beyond.
Lexmark President and CEO, Allen Waugerman, remarked,
We are honored to again receive this IDC MarketScape recognition, which recognizes our early commitment to emerging technologies that enables us to deliver more value to customers in existing and new markets. Lexmark's designation as a Leader by IDC reflects our long-standing vertical market approach, enabling us to apply our technological expertise and address each customer's unique challenges in imaging and beyond.
[Source: Cision PR Newswire]
According to the report, Lexmark's transformation strategy evolved from the company's managed print services go-to-market strategy, referring to its device data analytics expertise. These same principles are applied to the company's adjacent entry into IoT solutions with data analytics, Optra Edge and Optra IoT platform. Also, Lexmark targeted industry opportunities where the company has an existing strong presence and knowledge as its existing customer base includes seven of the top 10 global banks, nine of the top 10 global retailers, eight of the top 10 global manufacturers, all top 10 U.S. retail pharmacy chains, and seven of the top 10 U.S. federal agencies.
The company's strength lies in its transformative approach, incorporating data analytics into IoT solutions, targeting industry opportunities where they have a strong presence, and defining clear avenues of growth in existing customers, expanded vertical and geographic targets, and new go-to-market channels.
MarketScreener | October 18, 2023
Nokia, together with BT Group and MediaTek today announced that they have successfully completed trials of 5G Reduced Capability (RedCap) technology with RedCap devices.
The trial, which took place at BT Group's Adastral Park site, utilized Nokia's AirScale RAN portfolio, EE's 5G Standalone (SA) network, and MediaTek's RedCap testing platform. RedCap is a technology introduced in 3GPP Release 17 that brings 5G to devices that do not require its full capabilities. It has the potential to expand the IoT ecosystem and accelerate its deployment within the industry. BT Group is evaluating RedCap to support new 5G use cases which could benefit both EE's business and consumer customer bases.
5G devices such as smartphones often have complex hardware and power-hungry features which leads to higher cost, size, and power consumption. RedCap technology focuses on simplifying 5G devices, particularly small IoT devices such as wearables or health trackers for consumers as well as ruggedized routers, and environmental or other condition-based monitoring sensors. These devices have less demand for battery life and lower bandwidth requirements. RedCap ensures they maintain performance and optimizes their power efficiency. Nokia has played a pivotal role in advancing RedCap IoT functionality together with the telecommunications industry.
Greg McCall, Chief Networks Officer at BT Group said: 'This trial with Nokia demonstrates the potential of RedCap technology in unlocking a new wave of innovation within the 5G services ecosystem. This is especially the case as we move towards the arrival of 5G SA, bringing with it enhanced reliability, responsiveness, security, and speed which - through 5G RedCap - promises to benefit a host of new IoT devices and use cases.'
Robert Moffat, Deputy Director Europe Mobile Business Development at MediaTek, said: 'Our collaboration with Nokia and BT Group for this trial of 5G RedCap technology aligns with MediaTek's commitment to driving innovation and expanding the potential of 5G SA to include a wider ecosystem of devices and use cases.'
Phil Siveter, CEO, UK and Ireland at Nokia, commented: 'The introduction of RedCap will unlock new 5G opportunities for many industries, with potentially billions of new devices connected with 5G. Our field tests with BT Group show that Nokia 5G Standalone networks are ready to support RedCap devices.'