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Hewlett-Packard Quality Gaining Toward Top Place for MFP Printers

21 Jun, 2005

Hewlett-Packard Quality Gaining Toward Top Place for MFP Printers

Hewlett-Packard over the last year has gained 11 percentage points and gotten a 13 percent market share of the vital area of multifunction printers for small- and medium-size businesses.

IDC's most recent Worldwide Quarterly Hardcopy Peripherals Tracker, shows HP in the No. 4 position of companies supplying laser printers that speed documents between 45 and 69 pages per minute.

"It shows that they're keeping up with the times," said IDC analyst Mirette Kouchouk, indicating a change in the buying habits of small businesses. "The market is moving toward printer-based MFPs (multifunction printers) over copier-based ones."

The MFP makers has Canon in the number one spot with more than 16 percent market share. Xerox and Ricoh are second and third. HP is catching up against them all. HP recently came out promoting Print Manager Plus and is featuring this cost controlling and printing audit software worldwide. It is the ONLY Microsoft verified and certified printing accounting software in the market and it is simple and easy to use, saving organizations huge cost recoveries on paper and especially toner costs.

When HP came into the MFP market in 2003, it was predicted HP would capture 10 percent market share by 2006. HP is more successful than anyone expected with its high quality and well priced printers. Moving toward a product like Print Manager Plus shows HP is truly interested in providing products that get actual and measurable return on investment and substantial cost savings, eliminating printing waste and enabling customers to accurately account for printing.

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