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Well at 6 billion in revenues I don’t think they are obsolete. They do have a tough road ahead in reinvention. The next year will be interesting to see the development of the reinvention’s foundation

Obsolete? Of course not. That said, they’ve been shedding a billion dollars of top line revenue per year for the last few years. My best guess is that their top line revenues will fall to $5.3 to $5.5 billion in 2025.

@@cozmicchaos6400 it will be about equipment not needing near the service as the past equipment. Lots less parts as well!

@RayStasieczko Yeah, that's what sales would like to think. But service is here for the long haul. 😁😁

@ service will always be around it will just be completely different

@davevansickle8498 id be interested in an update from the inside perspective

@@joshuaeuceda4635 thanks for commenting my friend

Matt very disturbing for sure

I agree regarding the OEMs that have gone down this path. The only difference regarding Xerox is they are not an OEM of print equipment and are not managed through a manufacturing PnL. In saying that it will not be easy by any stretch of imagination. Xerox will quickly have to define its intentions and detailed deliverable.

Yes starting with Ikon . Only Marco has pulled it off

@@MrCurcio99 take a look at Impact Networking they have mastered IT!

Rick it is an amazing place! I look forward to my next visit.

Thanks my friend have a great day

Thanks Sean I appreciate your comments! I believe our industry can set a great example to all America. However, our industry friends must start NOW!!!!

They have all kinds of dealers in U.S. Ricoh's issues are they seem terrible at integrating alternative deliverables into their sales infrastructure. In Europe they bought a lot of IT & software and services companies and it seems they struggle at actually implementing these services profitably. Ricoh is one of the worst operating profit producers of the all the OEMs. It seems Konica Minolta and Ricoh are in a contest to be recognized as the worst financially run OEM in the industry.

thanks for commenting! I believe that Lexmark being the largest subsidiary of Ninestar the people in America should have stopped doing business with them the day the Ninestar banned went into effect. Too many focused on the American workers and took their focus of the atrocities of Lexmark's owners a PRC banned over forced and slave labor. American consumers and dealers have great power to shut these ruthless PRC entities down. Unfortunately the CCP bets every day that Americans who work at the American subsidiaries these PRC's own will pull the emotions away from the CCP's and the dictator who rules them.

They sure did!!

Earl, I believe that will be P.O.A's Achilles heel.

@@snappy7041 yup! It’s amazing how many print dealers are cyber security experts!! Insanity at many levels

Thanks Archie! I heard they were both drinking a beer outside the tent of the bearded lady when the quote was born. Therefore I credited them both! 😂

Thanks My friend! I am determined to get the industry to shut down that Banned PRC There should be zero tolerance for forced labor in the industry! Have a great weekend my friend

Thanks my friend! Insanity on the industry still buying from the banned PRC subsidiary Lexmark Nuts!

That's great thanks for commenting

@@Matthias_Wagner Funny same reason Ricoh didn’t neither has the financial discipline or ability

KM has a RIP. They also own Dots Software who make a usable AccurioPro Flux.

@@georgemaniatis4673 in a short time KM will be liquidated and absorbed by Fujifilm

@@RayStasieczko This was more a rhetorical question ... because of KMs acquisition behavior.

within a year or longer? ​@@RayStasieczko

Sold DocuSP, Fiery (even splash back in the days) for decades ... Developing DFEs are not that easy...Fiery did become a defacto standard in many printing companies..operators familiarity does matter. EPSON is virtually non existent in the toner space ... Fujifilm on the other hand have already developed its own DFE..revoriaflow... it's powerful! Interesting space to watch

@@nilsur365 Fujifilm's Revoria (GX Printserver) front end is VERY good. Easily a challenger to Fiery. But it's surpising that it's not very well promoted outside of Asia Pacific.

AMEN!

Thanks for commenting!I am guessing EPSON acted on a dream. Now they will find themselves awakened by a nightmare

Thanks for commenting! I am thinking the OEMs will speed up their DFE development and run from EPSON! Most already have been positioning to do this. The disruption will be at EPSON as they deal with this terrible acquisition!

@@rickcoyne3759 I too my friend

Thanks Joshua. It is extremely disturbing how inept our industry’s analyst and so called industry consultants are. Their dysfunctions give me great purpose. Have a fantastic week my friend

Tomorrow’s episode is regarding Epson/Fiery A hint I believe it will be determined as the worse acquisition in the industry’s history!

@@RayStasieczko precisely Mr. Ray. I was so displeased to see that update as I woke on last Tuesday morning. Looking forward for tomorrow's vlog from you 🙏🏽🙏🏽🙏🏽

Fuji will buy KM before the end of the year more than likely! Getting all the dealers. MARCO gives fuji an avenue to absorb the KM direct mess regarding All Covered and It would make sense for FUJI to control distribution in U.S. through an ownership stake in a large mega dealer as MARCO and any others that merge with MARCO. Interesting times ahead

Marcel I believe FUJI is definitely playing to win and I do like the bold ones who play to win!

@@georgemaniatis4673 I will share my thoughts regarding Epson buying Fiery on Tuesday’s episode

Yes, Tune in on Monday I will share some thoughts regarding FUJI

Amen! Jason it seems many of our industry's so called analyst and consultants are lost! Copy and Pasted press releases won't help the industry!

@@simbatheking77 episode coming Monday stay tuned my friend

@@RayStasieczko looking forward for it Sir🙏🏽🙏🏽🙏🏽

Thanks Joshua as the industry continues to go through disruption it will be interesting to see how the OEMs adjust to capitalize on the changes. Many possibilities and I will do my best to highlight what I see coming.

thanks Rick! Have a great day

very welcome Mark! Have a great day

Thanks for commenting! It does seem as some in the industry are too comfortable living in fantasy! Have a great day my friend

Thanks Will! Have a great day buddy

Didn’t Work Didn’t X- Ecute is what I am thinking

It’s a sickness!!!! Have a great day my friend

@@joshuaeuceda4635 thanks for commenting! Well said my friend

I hate to break it to you, there will be no future growth cycle for copiers. The impression counts will continue to decline until it reaches some point of stability, where it will remain. The average copier sale could be made by an employee of Best Buy and the average reps understanding of the technology is about the same level. The best way to win a sale is do a better job of story telling than your competitor. The dealers could help themselves a lot by demonstrating competency in delivery, setup and billing. The only thing keeping copier sales out of Best Buy, is the logistics tail for delivery of equipment, maintenance and supplies. Copier technology hasn't really changed that much. There are some edge case scanning things that can be done but I have to wonder how many of those are actually working in the field. Regarding cyber security, I work in IT, after thirty years in the copier industry. I feel like I can confidently tell you what most IT departments think of printing. They don't, it's mostly a nuisance. If you want to demonstrate a products security to an IT security professional, have the product PEN tested. IT Security involves a whole lot more than dealing with printers. Generally speaking, they have far bigger fish to fry. If you do happen to encounter someone from IT Security in a meeting and you're looking to impress them, ask them how they want the machines configured on delivery. Do they want the webpage enabled? Can you turn off unused ports when the machine gets delivered. Can you ensure wireless is disabled on the device? Good Luck!

@@brianowens8276 Thanks for commenting. You do realize this episode was a satire regarding the print industry and their marketing of security. Have a great weekend

@@RayStasieczko No need to be so salty. The sarcasm was obvious. I was responding to the gentlemen who referenced "a new growth cycle", inspired by a Chester Carlson Xerox 914 moment. I wouldn't hold my breath waiting for that to happen. IMHO I've always thought all third party endorsements were the best thing money can buy.

@@brianowens8276 wasn’t intended to be salty. I appreciate your input! The industry will fade into something new and the status quo will fade away. Interesting times ahead for sure.