IDC MarketScape names Ricoh a leader in managed workflow for Asia Pacific

Strong transformation strategy and extensive resources prove key to leadership position

SYDNEY, April 6, 2016 – Ricoh today announced that it has earned its leadership position related to managed print services and managed workflow services from the IDC MarketScape. According to the new "IDC MarketScape: Asia Pacific 2015 Managed Workflow Services Hardcopy Vendor Assessment — Building on MPDS (managed print and document services),"¹ Key factors that contributed to Ricoh's positioning include: strong overall strategy to transform to a services-led organisation, ability to provide real-life examples of business transformation from its own workplace in discussions with customers, large sales and services organisations and broad product range, and a variety of skill sets that enable the company to craft industry-specific solutions for each customer. The research evaluated companies’ offerings through business briefings and extensive vendor demonstrations as well as responses from thorough interviews with customers throughout Australia.

The 2015 MPDS IDC MarketScape focuses on managed workflow services, the most mature type of MPDS, encompassing an evolution to a set of professional and managed services that automate and optimise vertical and horizontal document-intensive workflows and business processes with results and benefits that are aligned with specific business outcomes.

According to the report, “Ricoh remains committed to the services-led transformation strategy that it first announced at the beginning of this decade.” Ricoh’s recognised managed services portfolio is organised into eight global service lines — Managed Document Services (MDS), Business Process Services, Communication Services, Application Services, IT Infrastructure Services, Sustainability Services, Workplace Services, and Production Printing Services. Its verticalised approach, which aims to help its customers face and overcome challenges that arise in today’s new world of work, have made a strong impact in its overall solutions offerings.

"Our consistent positioning as a leader in this IDC MarketScape report is a strong testament to our commitment to continually improving our services-led approach with our customers," said Joe Ciliberto, General Manager Marketing & Product Strategy, Ricoh Australia PTY Ltd. "We're proud of our approach to helping customers improve the ways they capture, manage and transform data to overcome their business challenges today, and to accelerate their transition into future workstyles."

In addition to this newest IDC MarketScape report, Ricoh was also named a leader in Managed Print and Document Services in the IDC MarketScape: Worldwide Managed Print and Document Services 2014 Hardcopy Vendor Assessment — Focus on Managed Workflow Services".² Ricoh was also named a global market leader in MPS for the fourth consecutive year in a report from Quocirca entitled "Managed Print Services Landscape, 2015."³ Gartner has also positioned Ricoh in the Leaders Quadrant in their annual "Magic Quadrant for Managed Print and Content Services Worldwide"⁴ 2015 report.

¹ "IDC MarketScape Criteria: 2015 Managed Workflow Services Hardcopy Vendor Assessment — Building on MPDS, doc #AP40437716, January 2016"

² "IDC MarketScape: Worldwide Managed Print and Document Services 2014 Hardcopy Vendor Assessment — Focus on Managed Workflow Services," IDC #250631, September 2014.

³ Quocirca, Inc., "MSP Market Landscape, 2015"

⁴ Gartner, Inc., "Magic Quadrant for Managed Print and Content Services" Ken Weilerstein, Tomoko Mitani, December 21, 2015.

About IDC MarketScape

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of vendors can be meaningfully compared. The framework also provides buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.