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Saturday, January 23, 2010

The DeathOfPrint or Just a Nap?

Stats from IDC.

I would take caution in our tone, when referring to the mythical "recovery".

The future ain't what it use to be.

According to researcher, Jake Wang, of IDC:

- “Starting with the fourth quarter of 2008, we saw a definite drop in printer page outputs”

IDC uses computer software to monitor the use of 700,000 printers and MFPs in the U.S.

“It was like going over a waterfall.”

Total of 1.5 trillion pages for the year, or 5,000 sheets of printouts per man, woman & child.

Predicts drop of 10% in 2010.

“When an economy sheds million of workers, there are that many employees who aren’t doing the printing”

“I’m thinking fewer contracts are signed. Fewer documents sent from one person to another”

Expects increase in 2011 after the recovery.

Forrester Research predicts that electronic bank statements will start declining in 2010.

In 2007, the Securities & Exchange Commission stopped requiring corporations to mail out printed annual reports to shareholders.

As initially reported by: Neal Petermann CDIA+

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