Managed print services (MPS) are offered by service providers to efficiently manage and enhance a companyâ€™s document output. It is the holistic and efficient management of printing services and devices such as printers, fax machines, copiers and multifunction devices. The main components provided in MPS are needs assessment, software that manages print type and volume, parts and supplies needed to operate the hardware. MPS is often outsourced to vendors with expertise in streamlining these services."
Visionary leaders are the leading players in the market having a robust service portfolio, a strong market presence, and also effective business strategies. These players have a broad product portfolio which enables to serve most of the regions all over the world. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.
Dynamic differentiators refer to the established companies with strong business strategies. However, they have weaker service portfolios. These vendors generally focus on a specific type of technology related to the product.
Innovators offer more substantial product innovations compared to their competitors. They have a focused service portfolio. However, they do not have strong growth strategies for their overall business.
The emerging companies have niche service offerings. Their business strategies are not as strong as that of the established vendors. The emerging companies include the new entrants in the market and require time to gain significant traction in the market.