Print Management Statistics


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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

One of the key reasons why print management is useful is its role in maintaining a professional image. An organization’s printed materials are often the first point of contact with clients and partners, and therefore must reflect the company’s brand and values. Consistent formatting, high-quality printing, and attention to detail can elevate the perceived quality of a business and leave a lasting impression on stakeholders. Print management ensures that all materials are produced to a high standard, reinforcing the brand’s credibility and professionalism.

Furthermore, print management contributes to operational efficiency within an organization. By centralizing the printing process and implementing streamlined workflows, companies can save time and money. Print management solutions can automate repetitive tasks, such as printing reports or invoices, freeing up employees to focus on more strategic initiatives. Additionally, by consolidating printing supplies and equipment, organizations can reduce waste and optimize resources, leading to cost savings in the long run.

Print management also plays a critical role in promoting sustainability and environmental responsibility. With the rise of environmental consciousness, more and more companies are looking to reduce their carbon footprint and minimize waste. Print management solutions can help organizations track and monitor their printing practices, identify areas for improvement, and implement strategies to reduce paper waste and energy consumption. By encouraging responsible printing habits and promoting digital alternatives when possible, companies can contribute to a greener, more sustainable future.

In addition to these benefits, print management also offers enhanced security features that are crucial in today’s digital age. With the increasing threat of cyber-attacks and data breaches, organizations must safeguard their sensitive information throughout the printing process. Print management solutions can provide secure printing options, such as encryption and authentication, to protect confidential documents from unauthorized access. By implementing stringent security measures, companies can mitigate the risk of data breaches and ensure the privacy of their information.

Overall, print management remains a valuable asset for organizations looking to optimize their printing processes, enhance their brand image, and promote efficiency and sustainability. While the digital world continues to evolve, the need for physical printing persists, and companies must invest in effective print management solutions to meet their business needs. By leveraging the benefits of print management, organizations can improve productivity, reduce costs, and align with environmental and security best practices in today’s fast-paced business landscape.

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

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