Ricoh named worldwide leader in high-speed inkjet

IDC MarketScape report on Ricoh

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Ricoh Pro VC70000
Ricoh named leader in high speed inkjet printing

According to the latest IDC MarketScape report, Ricoh has been named the worldwide leader in high-speed inkjet. The report cites Ricoh’s broad strengths, including technological innovation, attentiveness to client feedback and a large installed base. The report, “IDC MarketScape – Worldwide High-Speed Inkjet Press 2019 to 2020 Vendor Assessment” in particular, noted Ricoh’s “business development programs with high visibility and strong reputation” as powerful complements to a robust technology portfolio.

Ricoh’s commitment to its clients’ success helped earn its global leadership position. Analysts cited Ricoh’s continual technological advancements and heavy investments in ensuring client feedback is a part of its R&D process as a major positive. Most recently, this approach has driven game-changing successes, such as the award-winning RICOH Pro VC70000, which introduced Ricoh patented drying technology and Extended Gamut Inks. These innovations work together to increase ink limits for higher image quality, drive down turnaround times to help meet SLAs and increase throughout, and empower printing on uncoated, offset coated, inkjet treated and inkjet coated stocks without pre-treatment or priming, offering greater creative flexibility and lower paper costs.

“Expanding beyond its transactional and direct mail roots, Ricoh’s introduction of the Ricoh Pro VC70000 dovetails perfectly with its expanding software and services to empower the company to more actively target the commercial print and graphics space,” said Amy Machado, research manager for IDC’s Imaging, Printing, and Document Solutions, IDC. “Beyond its own growth in more diverse segments, Ricoh is looking to help its customers expand their offerings, as well.”

Ricoh builds long-term alliances, with a consultative, tailored approach to implementation that does not end with a sale. Its representatives pursue a high touch strategy, so as business needs evolve, Ricoh’s ways of addressing them evolve, too. The IDC MarketScape cited Ricoh’s plans to continue growing its business services to help its clients continue to grow revenues and page volumes long after implementation as another key contributing factor to Ricoh’s strong market position.

Ricoh’s clients benefit from the deep expertise of its dedicated production service team of technicians, engineers and managers. Ricoh’s team supports clients with consulting and training services, as well as SaaS offerings. Consultation and training ranges from the technical – colour management, for instance – to the back office, sales plan development, operational excellence, and so on. This enables clients to improve their business on multiple fronts.

“Collaboratively working with clients to understand their needs, how they can adapt to market demands and developing the solutions and services to support them, is the foundation of everything we do at Ricoh,” said Eef de Ridder, vice president, Commercial and Industrial Printing Group, Ricoh Europe.“The ability to work together openly and fully investigate all options from every angle enables us to develop technology that, not only performs, but elevates quality, productivity and creativity. The results speak for themselves in the longstanding relationships we have formed that go far beyond the sale and installation. While we help clients flourish they help us create solutions that will shape both our futures.”

For details on Ricoh’s full line of production print products, services and solutions, please visit www.ricoh-europe.com

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital 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.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

It is the right time to support our high-impact reporting and authoritative and technical information with some of the best correspondents in the industry. Readers can power Indian Printer and Publisher’s balanced industry journalism and help sustain us by subscribing.

– Naresh Khanna

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1 COMMENT

  1. While Ricoh seems to be doing well globally, in India it has suffered a massive disruption linked to its publicly quoted on the stock exchange company due to poor governance. The good news is that the company has been acquired by a couple investors and delisted and should be back in business in the next year. A new CEO has also been appointed.

    In spite of the Japanese parent company pumping in cash, Ricoh India Limited went into insolvency, filing an application under Section 10 of the IBC before the National Company Law Tribunal in March 2018 as it was unable to meet its liabilities.

    The Mumbai bench of NCLT vide its order dated November 28, 2019 approved the resolution plan submitted by the Resolution Applicants which basically means that the company is being acquired by the resolution applicants, Kalpraj Dharamshi and Ms. Rekha Jhunjhunwala who proposed to make an open offer of Rs 50 per share to 26.4% of the shareholders and to delist the company.

    The public announcement of the plan dated 2 December 2019, in several daily papers reads: “As an integral part of the Approved Plan, the Resolution Applicants intend to provide an exit opportunity to the Public Shareholders of the company by making an offer to acquire up to 1,04,97,791 Equity Shares of Rs. 10/- each at a price of Rs. 50/- per equity share, representing 26.40% of the paid-up equity share capital from the Eligible Shareholders and consequently delist the Company from BSE Limited (“BSE”) as provided in the Approved Plan.

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