IDC MarketScape recognizes Ricoh as a 2023 Worldwide Print Transformation Leader
What does it mean to be a print transformation leader?
What IDC MarketScape said about Ricoh
We encourage you to download the IDC MarketScape excerpt and review it for yourself. It shares a lot of detail regarding our efforts to help organizations adapt, embrace digital, and implement solutions that meet not only an organization’s revenue objectives but its sustainability goals as well.
The IDC MarketScape noted the following strengths for Ricoh:
Early entry into transformation
Established framework for the future workplace
Industry leadership with recognitions in IDC MarketScape reports for Cloud MPS and Print in the Distributed Workforce
Acquisition history, helping to swiftly gain technology and skills to excel in transformational market segments
Gaining positive perception as a digital services company, not just a copier company
Continued investment in the core business with new acquisitions like PFU Scanner business and joint venture with Toshiba
Customer testimonials highlighting how we have helped them on their own digital transformation journey
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Reading an IDC MarketScape Graph
For the purposes of this analysis, IDC divided potential key measures for success into two primary categories: capabilities and strategies.
Positioning on the y-axis reflects the vendor's current capabilities and menu of services and how well aligned the vendor is to customer needs. The capabilities category focuses on the capabilities of the company and product today and in the future. Under this category, IDC analysts will look at how well a vendor is building/delivering capabilities that enable it to execute its chosen strategy in the market.
Positioning on the x-axis, or strategies axis, indicates how well the vendor's future strategy aligns with what customers will require in three to five years. The strategies category focuses on high-level decisions and underlying assumptions about offerings, customer segments, and business and go-to-market plans for the next three to five years.
The size of the individual vendor markers in the IDC MarketScape represents the market share of each individual vendor within the specific market segment being assessed. We used the $500+ price band to calculate each vendor's hardware value of shipment share in its combined inkjet and laser device portfolio. This distinction was done to eliminate consumer-targeted devices from being included in the results.
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