IDC, a premier global provider of market intelligence, has named Konica Minolta as a Leader in its “IDC MarketScape: Western Europe Smart Multifunction Peripheral 2018 Vendor Assessment” (doc #EMEA44808019, February 2019). According to the report, Konica Minolta has demonstrated the strength of both its strategy and capabilities and is “recognised globally as a leading smart MFP provider of note.”
The report noted to consider Konica Minolta as it “can offer any size of customer a full-suite of print hardware, software and associated workflow solutions. In addition, it has a worthy track record of serving large, multiregional, and global customers. The vendor has a clear vision of where the market is headed and the workplace of the future, and it can articulate this to clients. With continual innovation, Konica Minolta remains at the forefront of the print and print-related market.”
The IDC MarketScape report assessed key vendors in the smart MFP space by evaluating the scope of their product and service offerings, the effectiveness of channel strategy and by interviews with each vendor and with their customers. The IDC MarketScape noted that Konica Minolta had sustained product innovation through 2018, expanding its strong product line with new models across a range of segments, with features that foster mobility, security and productivity. Looking into 2019, the IDC MarketScape highlighted Konica’s Minolta’s commitment to further enhance sustainability.
The IDC MarketScape said, “Konica Minolta has implemented a well-conceived transformational strategy that is shifting into 3rd Platform and Innovation Accelerator technologies to maintain future market relevance.”
The report also noted that “Konica Minolta's presence is being increasingly felt in the marketplace, and the competitive market assessment with other vendors identified Konica Minolta as the second most competitive vendor in the scope of this research effort.”
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.