Print Management Statistics

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.

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Top Print Management Statistics 2023

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

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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

One of the main advantages of print management is its ability to help businesses gain better control over their printing processes. By implementing print management software, organizations can set printing rules and limitations, monitor printing activities, and track usage patterns. This level of control not only helps reduce unnecessary printing and wastage but also allows organizations to enforce print policies and improve overall efficiency.

In addition to control, print management can also provide valuable insights into printing habits and costs. By generating detailed reports on printing activities, organizations can identify patterns, trends, and opportunities for cost-saving. This data-driven approach allows businesses to make informed decisions about their printing practices, optimize resources, and allocate budgets more effectively.

Furthermore, print management can enhance security and compliance by setting up secure printing protocols and authentication processes. This helps protect sensitive information and reduce the risk of data breaches. By ensuring that only authorized users have access to print resources and documents, organizations can safeguard their data and maintain regulatory compliance.

Another key benefit of print management is the potential for environmental sustainability. By implementing measures to reduce paper consumption, promote double-sided printing, and encourage responsible printing behavior, organizations can decrease their environmental footprint and contribute to a greener future. Print management software can also facilitate the transition to digital workflows and document management, reducing the reliance on paper-based processes and promoting a more sustainable approach to document management.

Moreover, print management can drive productivity and improve workflow efficiency by automating routine printing tasks, simplifying print job submission, and eliminating manual interventions. By streamlining printing processes and eliminating bottlenecks, organizations can save time and resources, allowing employees to focus on more important tasks and projects.

Overall, the usefulness of print management largely depends on the specific goals and requirements of each organization. While some businesses may prioritize cost reduction and resource optimization, others may focus on security and compliance or environmental sustainability. Regardless of the primary motivation, print management can offer numerous benefits in terms of control, insight, security, sustainability, and productivity for organizations of all sizes and industries.

In conclusion, print management is a powerful tool that can help organizations improve their print operations, reduce costs, enhance security, promote sustainability, and drive productivity. By leveraging the capabilities of print management software, businesses can gain better control over their printing processes, optimize resources, and achieve their goals more effectively and efficiently.

Reference

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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