CAP Ventures announces new consulting service for converging digital peripherals.MARSHFIELD, Mass.--(BUSINESS WIRE)--July 1, 1996--CAP Ventures announces a new initiative in the converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. market of digital peripherals. CAP Ventures' focus in this rapidly expanding $38 billion market includes facsimile, printer and digital copier based multifunction black and white and color print engines and their impact on the standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. office equipment market. CAP Ventures' new Converging Digital Peripherals Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" is providing investors, industry executives, strategic planners and senior managers of supply and equipment manufacturers and resellers with market forecast and statistic statistic, n a value or number that describes a series of quantitative observations or measures; a value calculated from a sample. statistic a numerical value calculated from a number of observations in order to summarize them. data, product standards, distribution trend analysis, end-user research and monthly executive briefing-newsletters. A powerful team of industry experts has been assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. for this new service for the support of new business development and opportunities. With the increase in the number of digital black and white and color copier and facsimile product launches and the decline of new analog model introductions, a new emerging market with a new set of standards, applications and user expectations has emerged. This new emerging market of connected multifunctional peripherals is taking market share from the installed base of standalone office products. At the same time, standalone office equipment manufacturers and their resellers are facing new challenges to their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Product development, manufacturing, time-to-market, distribution and pre- pre- word element [L.], before (in time or space). pre- pref. 1. Earlier; before; prior to: prenatal. 2. and post- post- word element [L.], after; behind. post- pref. 1. After; later: postpartum. 2. Behind; posterior to: postaxial. sales support are some of the critical issues that are evolving as the converging digital peripheral's market envelops the standalone office environment. Historically, that market was best serviced by analog copier and facsimile product manufacturers throughout the wholesale and direct channels. It is now being infiltrated by new competitors with new channels and users. "Vendors and resellers are telling us that they need a consistent source of current and strategic information for supporting their business decisions in this rapidly expanding market, as well as insights and advice in emerging business opportunities," stated Charles A. Pesko, Jr., Managing Director at CAP Ventures. The increasing use of networks and LANs in the business environment has increased the demand for peripherals capable of performing multiple tasks efficiently and in a reliable, timely manner. "Our CAP Ventures team has extensive industry experience in current technology, analysis, research, planning, market forecasts, product launch, and distribution of standalone and converging digital peripherals. We are providing objective, strategic and timely analysis with recommendations, through our on-going services and specific projects" noted Pesko. The Converging Digital Peripherals Consulting Service is headed by Bob Sostilio, as director. Mr. Sositlio has been working in the office automation industry for close to 30 years and most recently as Director of Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. at Ricoh Corp., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ricoh Company Limited of Tokyo Japan. His depth of understanding of analog and digital office equipment includes strategic planning, product marketing, sales, research, service and technical experience through previous positions at Ricoh, Dataquest, Panasonic, Cybernet and Saxon Saxon Any member of a Germanic people who lived along the Baltic coast in ancient times and later migrated west as far as the British Isles. The Saxons became pirates in the North Sea during the decline of the Roman empire, and in the early 5th century they spread through Export Corp. Other members of the converging Digital Peripherals Consulting service are Bill Flynn and Barry Tepper. Flynn is the senior consultant focusing on the printer, color and wide format markets. He has an extensive career in the research industry having held senior analysts positions at IDC, BIS Strategic Decisions and most recently as Director of Printer Information for Lyra Research. Barry Tepper is the senior consultant for multifunctional peripherals including copiers, facsimile and printer based engines. Tepper also comes from the research and consulting industry having spent many years with GIGA (formerly BIS Strategic Decisions) as its senior industry analyst for multifunctional products and midrange midrange Epidemiology The halfway point or midpoint in a set of observations; for most data, MR is calculated as the sum of the smallest observation and the largest observation, divided by 2; for age data, one is added to the numerator; a midrange is usually printers. CAP Ventures is a leading consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in digital printing, supplies, document management and new media for the printing and publishing industry. CAPV provides market research and strategic consulting services to vendors, corporate end users and commercial printers and publishers. In addition, CAPV sponsors seminars, conferences and trade shows in the U.S., Canada and Europe, including: Documentation, Documentation Canada, On Demand Digital Printing and Publishing Strategy Conference & Exhibition, The Communication Supplies Conference, The New Media Publishers Forum/Conference, The Converging Digital Peripherals Conference and the Imaging Expo Conference Tutorials. CAPV also publishes Print On Demand Business Magazine, The Gilbane Report and The Communications Supplies Weekly. CONTACT: CAP Ventures Bob Sostilio, 617/837-7200 |
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