Mar 25, 2009 Xerox Corporation (NYSE: XRX) today announced a global contract to manage Fiat Group's print operations. The five-year managed print services (MPS) agreement will help the auto-focused industrial group reduce operational costs by an estimated 30 percent, and support its growing sustainability agenda.
Companies worldwide are increasingly adopting MPS to uncover new ways to save money, according to a recent report by research and analysis firm Quocirca. Nearly 70 percent of companies surveyed view printing as a strategic priority.
Working with Xerox, Fiat Group will use MPS to better manage its company-wide print spend and drive cost out of its global IT infrastructure. The MPS strategy will help Fiat Group operate more efficiently by consolidating the number of output devices and redirecting print jobs to the most cost-effective machine. Xerox's management and pre-emptive servicing of equipment will help employees stay productive throughout the day. Fiat Group will also use tools such as Xerox's sustainability calculator to support its commitment to environmental sustainability and reduce energy use by 50 percent.
"MPS delivers results that can have a positive and direct impact on a corporation's bottom line," said Stephen Cronin, president, Xerox Global Services. "Companies like Fiat who partner with Xerox have a significant advantage – our global delivery capabilities and MPS market leadership position mean we can quickly transform the way business is done – and build a sustainable infrastructure for the future."
Xerox was positioned by Gartner, Inc., in the Leaders Quadrant in the "Magic Quadrant for Managed Print Services Worldwide" 1 for 2009 and the company was named MPS market leader in Quocirca's 2009 European MPS report. Xerox was also the first to offer Enterprise Print Services which helps companies manage documents across their global print infrastructure – from the office to the in-house print center to the virtual workplace.