Print Management Statistics


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing an LLC.

All Posts by Steve Goldstein →
Business Formation Expert  |   Fact Checked by Editorial Staff
Last updated: 
LLCBuddy™ offers informative content for educational purposes only, not as a substitute for professional legal or tax advice. We may earn commissions if you use the services we recommend on this site.
At LLCBuddy, we don't just offer information; we provide a curated experience backed by extensive research and expertise. Led by Steve Goldstein, a seasoned expert in the LLC formation sector, our platform is built on years of hands-on experience and a deep understanding of the nuances involved in establishing and running an LLC. We've navigated the intricacies of the industry, sifted through the complexities, and packaged our knowledge into a comprehensive, user-friendly guide. Our commitment is to empower you with reliable, up-to-date, and actionable insights, ensuring you make informed decisions. With LLCBuddy, you're not just getting a tutorial; you're gaining a trustworthy partner for your entrepreneurial journey.

Print Management Statistics 2023: Facts about Print Management are important because they give you more context about what’s going on in the World in terms of Print Management.

LLCBuddy editorial team scanned the web and collected all important Print Management Statistics on this page. We proofread the data to make these as accurate as possible. We believe you don’t need to check any other resource on the web for Print Management Facts; All are here only 🙂

Are you planning to form an LLC? Thus you need to know more about Print Management? Maybe for study projects or business research or personal curiosity only, whatever it is – it’s always a good idea to know more about the most important Print Management Statistics of 2023.

How much of an impact will Print Management Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your Print Management related questions here.

Please read the page carefully and don’t miss any words.

Top Print Management Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 27 Print Management Statistics on this page 🙂

Print Management “Latest” Statistics

  • Print and its services are mentioned in 50% of all support desk calls. These calls consume 15% of a company’s help desk time.[1]
  • IDC estimates that 23% of help desk calls are about printers. The Gartner group has discovered that many businesses may cut their printing costs by 10% to 30%.[1]
  • Few people are aware, for instance, that corporations often squander 14% of their income on documents and printing.[1]
  • in the 1990s, at a low fixed cost per page, your office copier likely generated 80%–90% of the hard-copy output in your workplace. 37 to 41% of costs associated with printing stay away from formal procurement approval.[1]
  • According to IDC, document expenditures consume 5% to 15% of the typical firm’s yearly income.[1]
  • 54% of IT decision-makers over 54 years old do not feel that print is still important in 2022.[1]
  • From 2020 to 2030, the overall employment of advertising, promotions, and marketing managers is anticipated to increase by 10%, nearly as quickly as the national average for all professions.[1]
  • The cost of printing accounts for 1% to 3% of a company’s entire income and significantly raises operational expenses.[1]
  • 7.5% of documents cannot be located in document storage, and 3% of all documents are lost in files.[1]
  • The Gartner Group has noted a rise in savings of up to 30% if businesses focus on reducing their financial waste and use print management solutions.[1]
  • Every year, the quantity of paper needed for printing increases by 21%. By neglecting printing expenses, 30% of savings are lost.[1]
  • The typical IT department spends 15% of its time addressing printing-related problems, including but not limited to network connection and user support software compatibility.[1]
  • Businesses simply disregard 40% of printing expenditures, and two-thirds never keep track of them.[1]
  • The U.S. printing industry’s revenue fell by 14.4% in 2020.[1]
  • They are unaware that printing consumes and wastes 40% of their money. 90% of businesses are unaware of the number of printers they have in their offices.[1]
  • Although internal process reorganization and development may be difficult and time-consuming, a managed print service can handle all that and leave you up to 30% more in your print budget than before.[1]
  • With a 20% decrease in toner used when you mix all of them, the total IT spending will significantly decrease.[2]
  • Imagine what those teams could do if they received 14% of their money back, and that’s only the beginning.[2]
  • Find out more about how using an MPS may improve print security and reduce printing-related expenditures by 20%-30%.[2]
  • Managed print causes a 10% to 15% reduction in output waste and a 30% decrease in energy use.[2]
  • By 2025, 81% of SMBs suppose that digitizing paper-based processes will be necessary for pushing their organizations’ digital revolution.[3]
  • 59% of businesses experienced a print-related data fell in 2019.[3]
  • According to Gartner, a company’s entire print expenses, including hardware upkeep, consumables, and support, account for between 1% to 3% of its overall revenue.[4]
  • The Governor of Illinois challenged Hal Waggoner, acting CIO, to reduce printing costs by 10%.[4]
  • Office printing is still an underutilized source of savings; by actively controlling it, costs may be reduced by 10% to 30%.[4]
  • By using a printing characteristic known as bleed for ink printing or smear for laser printing to fill in the gaps left by the missing pixels, the device may erase around 30% of the pixels a printer would typically produce.[4]
  • When a drop of ink or toner applies to paper, it may enlarge by 10% to 30% of its initial diameter.[4]

Also Read

How Useful is Print Management

Print management involves overseeing all aspects of the printing process, from selecting the right printers and copiers to monitoring usage and optimizing printing workflows. By implementing a print management strategy, businesses can gain better control over their printing costs while improving document security and reducing waste.

One of the key benefits of print management is cost savings. Many businesses underestimate the true cost of printing, from supplies and maintenance to energy consumption and labor. By implementing print management solutions, businesses can track printing costs more accurately, identify areas of inefficiency, and implement strategies to reduce unnecessary printing.

Another important aspect of print management is document security. With the rise of cyber threats and data breaches, protecting sensitive information is more crucial than ever. Print management solutions can help businesses secure their printing environment by implementing user authentication, encryption, and secure printing features. This not only protects sensitive documents from falling into the wrong hands but also helps businesses comply with regulations such as HIPAA and GDPR.

In addition to cost savings and security benefits, print management can also help businesses reduce their environmental impact. By optimizing printing workflows and promoting sustainable printing practices, businesses can minimize paper waste, reduce energy consumption, and lower their carbon footprint. This not only benefits the environment but also improves the corporate image of the business as a socially responsible entity.

Furthermore, print management can help businesses increase efficiency and productivity. By implementing automated printing processes, businesses can streamline workflows, eliminate manual tasks, and free up employees to focus on more strategic activities. Additionally, print management solutions can provide real-time insights into printing habits and patterns, allowing businesses to identify opportunities for optimization and improve overall productivity.

While print management may not be the most exciting or glamorous aspect of business operations, its impact on the bottom line should not be underestimated. By implementing a comprehensive print management strategy, businesses can reap numerous benefits, from cost savings and document security to environmental sustainability and increased efficiency.

In conclusion, print management is a key component of modern business operations that has the potential to deliver significant benefits to businesses of all sizes. By taking a proactive approach to managing print resources, businesses can optimize their printing processes, reduce costs, enhance security, and promote sustainability. With the right print management solutions in place, businesses can transform their printing environment from a costly and wasteful process to a lean, efficient, and secure operation.

Reference

  1. webinarcare – https://webinarcare.com/best-print-management-software/print-management-statistics/
  2. imageoneway – https://www.imageoneway.com/blog/three-printing-stats-that-are-terrifying-to-your-it-budget
  3. impactmybiz – https://www.impactmybiz.com/blog/blog-print-management-benefits/
  4. networkworld – https://www.networkworld.com/article/2179692/the-savings-from-print-management-is-like-picking-low-hanging-fruit.html

Leave a Comment