Ricoh Makes Strategic Investment in Avanti Computer Systems (Includes Commentary from Mark Michelson)
TOKYO and TORONTO—July 11, 2013—Ricoh Company (Ricoh) today announced that it has made a multimillion dollar investment in Avanti Computer Systems, a leading provider of Print Management Information Systems (MIS) solutions for the print industry. Avanti provides Print MIS software that helps commercial and in-plant printers streamline their workflow, resulting in greater productivity, customer satisfaction, and improved profit margins.
With hundreds of installations throughout the commercial print and in-plant marketplace, Avanti will now be able to bring its MIS tools, including job costing, tracking and billing, scheduling, CRM, inventory management, warehouse and direct mail management, to an even broader global market. Avanti’s core technologies are uniquely positioned to complement Ricoh’s offerings with advanced solutions for mixed environments with wide-format, digital cut sheet, continuous forms, offset, and fulfillment and kitting operations. Ricoh is committed to providing printers with alternative solutions that support open industry standards and connections to key production print technologies across vendors.
This is the most recent investment by Ricoh to expand its reach across the print industry in an effort to ensure customers have access to the critical information they need, when they need it. Ricoh previously invested in PTI Marketing Technologies, a leading provider of marketing automation solutions for both enterprise users and print service providers. Ricoh is continuing to make these investments to further enhance the development of new management tools to help enterprises and commercial printers on their continued path toward efficiency and growth.
“Avanti’s Print MIS capability is a perfect complement to our portfolio. In the same way we automate print workflow, Avanti automates the printer’s back office systems: inventory management, job pricing, estimating, and billing. The investment also speaks to our “imagine.change.” initiative—by enabling commercial and in-plant printers to streamline their businesses and seek efficiencies to lower costs, and improve their bottom line,” said Yasuhiko Hosoe, associate director and deputy general manager, Ricoh Production Printing Business Group, Ricoh Company. “This strategic move, like our investment in PTI, further demonstrates our commitment to help companies imagine the changes that they can make to automate and improve their businesses, and most importantly, their customers’ experiences.”