Ricoh Makes Major Investment in Avanti
TOKYO and TORONTO—Ricoh Co. (Ricoh) announced that it has made a multimillion-dollar investment in Avanti Computer Systems, a provider of print Management Information Systems (MIS) solutions for commercial and in-plant printers.
With hundreds of installations throughout the commercial printing 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 a broader global market. Avanti’s core technologies complement Ricoh’s offerings with solutions for mixed environments with wide format, digital cutsheet, continuous forms, offset and fulfillment/kitting operations.
This is the most recent investment by Ricoh to expand its reach across the printing industry. Ricoh previously invested in PTI Marketing Technologies, a 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 (Sam) Hosoe, associate director and deputy general manager, Ricoh Production Printing Business Group. “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.”