GMG Colorcard receives Printing United Alliance 2020 Award

GMG's third honor in two months

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GMG
GMG wins 2020 Printing United Alliance Product of the Year award

GMG has announced that GMG ColorCard has won a 2020 Printing United Alliance Product of the Year award in the Software—Color Enhancement category. This GMG ColorCard award joins the 2020 InterTech Technology Award and the 2020 Label Industry Global Award for Innovation for companies with up to 300 employees.

For non-output categories, Product of the Year entries were scored by a panel of judges, all experts within their respective realm of the printing industry. The diverse group of judges worked to identify the best products, many submitted in highly saturated categories.

Brands need to know how well their colors will match on press because different substrates and printing processes require different ink recipes to achieve the same brand color. Instead of ink drawdowns GMG ColorCard is a cloud-based software solution to digitally create and print color cards as visual ink color references based on spectral technology. It produces cards with just a few clicks in about three minutes, has digital precision and repeatability, and does not require special expertise.

When GMG develops new products, we always looks for new, influential applications where we can make life easier for anyone in the graphics production supply chain. What is exciting for us is that GMG ColorCard has now received honors from three different industry ’groups’, with focus in labels, general print, and the Product of the Year Award, Software—Color Enhancement, with a legacy in digital print,” comments Rainer Schmitt, GMG head of strategy and product management. “We are happy, once again, that GMG ColorCard is recognized for digitizing the color workflow in the ink kitchen, making it faster, more repeatable, and very economical.”

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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