Xerox lands P&G print managed services contract
Xerox said Tuesday that it will manage Procter & Gamble's global print operations with the aim to cut costs by 20 percent to 25 percent.
Managed print services are becoming popular as companies look for ways to squeeze costs. All of those stray printers residing in offices add up to a big cost. In the managed print service market, HP and Xerox are duking it out as the largest players.
In a statement, Xerox said it won a five year deal to manage P&G's "print shops, offices and home-based work settings." Terms of the deal were not disclosed. Xerox said it is aiming to cut print power usage by 30 percent and paper consumption by 20 percent to 30 percent.
As part of the deal, Xerox will offer training to P&G employees and tips on reducing printing costs as well as a portal for procurement and support.
Overall, print managed services is an interesting market that I'll be learning as a user. HP is planning to provide print services to CBS, owner of ZDNet. I don't have any local printers hiding under my desk so I don't anticipate any problems.
Here's a look at Gartner's magic quadrant in the print managed services market.
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