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73% of Companies Plan to Upgrade Printing Devices: What This Means for Your Business

October 11, 2024
Blog

3 min read

A recent survey by Quocirca Inc. found that 73% of companies plan to upgrade their printing devices as they refresh their PC fleets to take advantage of new AI capabilities. With businesses increasingly looking to modernize, it’s clear that the need for more secure, efficient print environments is a top priority.

At Novatech, we understand that upgrading your print infrastructure isn’t just about new hardware—it’s about integrating it seamlessly with your IT, cloud, and cybersecurity needs. That’s why we offer the Novatech Managed Office, a comprehensive solution that simplifies the entire technology journey for businesses by bringing together the best in IT, Print, Cloud, and Cybersecurity.

 

Why Companies are Upgrading Print Hardware

The top reasons for upgrading print hardware revolve around security and workflow optimization. Here’s how each of these impacts your business:

 

1. Enhanced Security

With 67% of businesses reporting a printer or multifunction printer (MFP) security breach in the past year, security concerns are driving the push for better print devices. These breaches come at a high cost—an average of $1.367 million per incident—making print security an essential focus for businesses.

Yet, only 16% of organizations feel confident in the security of their current print devices. This lack of confidence is prompting 65% of businesses to consider switching vendors, with 28% already planning to do so.

At Novatech, we take print security seriously. Our Managed Print Services (MPS) integrate advanced security features, such as user authentication, data encryption, and secure print release, ensuring that your documents and sensitive information remain protected.

 

2. Improved Workflow Solutions

Today’s print devices do much more than print—they can automate and optimize your entire document workflow. Businesses are realizing the value of workflow automation, cloud-based printing, and mobile access, which allows employees to print and share documents seamlessly from anywhere. These features not only reduce manual tasks but also streamline operations, freeing up time for more strategic activities.


The Novatech Office X-Ray: Assessing More Than Just Printing

To help businesses fully understand their IT and print environments, Novatech offers the Office X-Ray, a comprehensive assessment that examines your entire technology infrastructure, from IT and Print to workflows and security vulnerabilities. This in-depth analysis uncovers inefficiencies, security risks, and workflow bottlenecks, allowing us to design tailored solutions that optimize your technology.

With the Office X-Ray, we take a holistic view of your business technology needs, ensuring that your upgrades deliver more than just new hardware. Whether it’s improving document workflows, enhancing security, or integrating cloud solutions, we ensure your technology investments are working hard for your business.


Managed Office: Simplifying Your Technology Journey

Beyond print, businesses are investing in three key IT areas, according to the Quocirca report:

  • Cybersecurity (66%)
  • Artificial Intelligence (64%)
  • Cloud Computing (56%)

Novatech’s Managed Office brings all these elements together under one umbrella. Our approach integrates Managed IT, Managed Print, Cloud, and Cybersecurity solutions, providing businesses with a simplified, cohesive technology ecosystem that improves productivity and lowers costs.

 

Cybersecurity

With 70% of companies increasing their investment in print security, your printers must be protected as part of your overall cybersecurity strategy. Novatech’s MPS includes robust security features that guard against breaches, ensuring your entire network—printers included—is safeguarded from external threats.

 

Artificial Intelligence (AI)

AI is reshaping how businesses manage their technology. With AI-powered printers, businesses can benefit from predictive maintenance, automated workflows, and advanced analytics that help optimize print operations and reduce downtime.

 

Cloud Computing

Cloud-enabled printers provide greater flexibility and remote access, which is essential for today’s hybrid workforce. Novatech’s Managed Office integrates cloud solutions with your print and IT infrastructure, enabling seamless document management and collaboration from anywhere.


Is It Time to Upgrade Your Print Environment?

As 48% of businesses plan to increase their spending on print hardware, there’s no better time to assess your print and IT environments. The Novatech Office X-Ray provides a comprehensive analysis of your current setup, helping you identify areas where you can improve security, streamline workflows, and optimize costs.

With our Managed Office solutions, Novatech ensures your entire technology ecosystem—from IT and Print to Cloud and Cybersecurity—works together seamlessly. We don’t just sell hardware; we provide integrated solutions designed to enhance your business operations.


Ready to Transform Your Print Environment?

Let Novatech guide your business through a smooth technology transformation. Contact us today to schedule your Office X-Ray assessment and discover how our Managed Office solutions can help your business grow through smarter, more secure technology.

Written By: Editorial Team