Quark Software appoints Victor Shepherd as CEO

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Quark Software

Quark Software, a global leader in content services, has announced the appointment of tech industry veteran Victor Shepherd as chief executive officer. Shepherd joins Quark as CEO from Quark’s parent company, Parallax Capital Partners, where he serves as an operating partner. In his new role, Shepherd will lead the organic and inorganic growth of Quark’s solutions for content automation, sales enablement, sales asset management and graphic design software.

“In my years of driving growth and profitability at a variety of tech companies, I have never been more excited than I am about the opportunity we have at Quark to get to the next level,” said Shepherd. “When we combine Quark’s existing solutions for content automation and multimedia design with the acquisition of Docurated for SaaS-based sales enablement, we have an incredibly compelling set of solutions for enterprise organizations that need to transform their approach to business-critical content. We will continue to focus on and leverage our SaaS and AI capabilities to capitalize on a Content Services market that is growing exponentially.”

James Hale, managing director of Parallax Capital Partners said, “Victor Shepherd is a perfect fit for the company. He can call on his vast experience to help expand the company’s market presence and achieve even more operational excellence.”

Raymond Schiavone, former Quark president and chief executive officer, has stepped down to focus on personal priorities. He served as Quark CEO for more than a decade and was instrumental in establishing the company as a leader in enterprise software.

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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