51% of enterprises plan to increase their MPS budget

The managed print services (MPS) market has seen unparalleled growth over recent years, as enterprises seek effective ways to tackle escalating print costs.

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In fact, according to a Quocirca report, 51 percent of organisations, who are either already using or will be using Managed Print Services (MPS), intend to increase their expenditure on the activity over the next year.

The report estimates that nearly 50 percent of large enterprises (with more than 1,000 employees) are now using some form of Managed Print Services. Overall, an additional 20 percent are planning to use MPS within the next year, reflecting the steady growth of the market.

Service delivery is key MPS market driver

Service delivery remains a key MPS market driver, as the market research firm says: “Continued investment to drive enhanced service performance through predictive analytics and focus on consistent delivery through integrated back-end platforms is ultimately, what sets the leading providers apart.”

The organisations surveyed have been using MPS for an average of three years, with 23 locations and six countries covered by an MPS contract. Of those, 64 percent stated that they are in the second phase of their engagements and 70 percent operate a multi-vendor fleet, managed by a single MPS provider (mixed fleet) – highlighting the need for strong multi-vendor support capabilities at the outset of any MPS contract. However, almost 80 percent indicated that they plan to consolidate on a single brand.

An impressive 90 percent of companies surveyed, who use a fully outsourced service, said that they were satisfied or very satisfied with the management and performance of their print infrastructure – with respondents reporting an average saving of 26 percent on the cost of printing over the past year through using MPS.

You can see the full report here: http://quocirca.com/content/managed-print-services-landscape-2015

Check out our MPS services

If you want to reduce your costs by managing your print more effectively, Blueprint Document Solutions Print Services can help. For a fixed monthly fee you will get a full print management package, covering the cost of printing (including hardware, consumables and maintenance) – potentially saving you up to 40% on your current printing costs.

The first step is to arrange a free print audit – we will take an inventory of your printers to establish what they are used for and gain an understanding of how much your business is printing. We will then provide a free no obligations proposal and calculate a cost-effective fixed monthly fee for the provision of a tailored printing solution to help reduce your business printing costs.

Click here to arrange your audit today.