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Investment insight
The Idealliance Capital Investment Research Program is an ongoing study of how, where, and why industry companies make their capital investments. It is sponsored by Canon and overseen by Paparozzi and Tim Baechle, Idealliance VP, Global Print Technologies and Workflows.
“Our industry is getting even more competitive as the internet and digitization continue to break down traditional business boundaries, and companies move into new products and services,” Paparozzi continues. “Whatever they decide to do, companies must maximize efficiency and speed, and minimize steps and touches. It’s not surprising, therefore, that our research found the most frequently cited capital investment objectives for the next three years are to reduce labor costs and increase automation (68.4%), develop a more efficient workflow (63.2%), and reduce process turn times (57.9%).