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IDC MarketScape: 'Lexmark an industry leader for multifunction printers'

Lexmark have been recognised as a market leader in smart multifunction products (MFPs) in the 2013 Smart MFP report by IDC MarketScape, which analyses the strategies and current capabilities of companies providing smart MFPs.

As defined by the IDC MarketScape, who provide an overview of the competitive fitness of IT, telecommunications, or industry-specific suppliers in a given market, leaders are those companies that have led and continue to lead the market in both breadth of offering and strategic intent.

According to the report, "Lexmark holds a leadership position in the all important managed print services market and the Lexmark A4 MFP portfolio is a critical element to this offering."

The report also notes that "more than most vendors, Lexmark prides itself on having an ownership stake in technology. The company has internally-developed or acquired not only hardware technologies, but also several software solutions targeting mobility, cloud, capture, content/process management as well as managed print services.

"The intent of such an effort gives Lexmark responsiveness advantages and a greater ability to customize end-to-end process improvement solutions."

Marty Canning, Lexmark executive vice president and president of Imaging Solutions and Services commented on the report's findings: "Smart MFPs are foundational to help our customers solve their unstructured information challenges by enabling a very broad set of solutions - far beyond traditional print environments.

"We are proud of IDC's recognition of Lexmark's technological leadership, and we remain fiercely committed to developing innovative devices and solutions that deliver immediate and sustainable value for all of our customers."

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