{"id":5651,"date":"2013-08-15T09:21:45","date_gmt":"2013-08-15T13:21:45","guid":{"rendered":"http:\/\/www.theweekinimaging.com\/?p=5651"},"modified":"2013-08-16T11:09:43","modified_gmt":"2013-08-16T15:09:43","slug":"between-the-lines-canons-future-focus","status":"publish","type":"post","link":"http:\/\/www.enxmag.com\/twii\/the-week-in-imaging-twii\/editors-blog\/2013\/08\/between-the-lines-canons-future-focus\/","title":{"rendered":"Between the Lines: Canon\u2019s Press & Analysts Day"},"content":{"rendered":"

\"Canon<\/a>Last week Canon U.S.A. hosted an event for press and analysts at their new Melville headquarters. For many it was the first opportunity to see the new digs, a 700,000 square foot building located on 52 acres. Although some of us were expecting a full-blown tour of the facility, what we got was a look at their new 12,000 square foot showroom (mighty impressive), and presentations by Canon executives with an emphasis on high-end production devices, including \u00a0two products under NDA that will be showcased at Print 13 in Chicago in September.<\/p>\n

The majority of presentations were mostly targeted towards press and analysts covering the production and graphics art space. Still, presentations by Canon U.S.A. President and CEO Joe Adachi; Jun Yoshitake, senior vice president, Business Imaging Solutions Group; and Sam Yoshida, vice president and general manager, marketing, BISG, offered the rest of us press and analysts who tend to focus more on the office technology space insights into Canon\u2019s worldwide financial performance as well as future strategies and R&D initiatives.<\/p>\n

I\u2019ll avoid drilling down too deeply into the revenue details, but it\u2019s safe to say that Canon remains on solid financial footing with Canon Americas, including South America, contributing to $5.2 billion in overall revenues in the first half of 2013 while the Office Business Group is generating worldwide revenues of $9.9 billion through June of this year.<\/p>\n

Adachi offered a blueprint for Canon\u2019s existing and future product R&D efforts, emphasizing how technology used in one product category, medical for instance, may converge into other product segments.\u00a0 One of the current challenges identified by Adachi is how to integrate input and output devices across all the business segments within Canon. What he meant by that, at least in my interpretation, is cross purposing technology used in commercial and consumer applications, creating new benefits for users.<\/p>\n

\u201cIf we stick only to output devices, unless you have integration with input devices, you\u2019ll be out of fashion some day,\u201d said Adachi. \u201cThat\u2019s our challenge and Canon can do that…we can\u2019t stay at the same place for ever, that\u2019s why we want to open the door to the new world.\u201d<\/p>\n

One of the more interesting technologies under development, albeit still some years away, is an 8K display. Adachi says that Canon will unveil a 4K display for medical usage later this year, but what that 8K display offers is natural 3D without the need for 3D glasses. \u201cYou must understand what\u2019s going on in other industries,\u201d emphasized Adachi. \u201cThere are no barriers or walls in industry anymore.\u201d<\/p>\n

After Adachi, Jun Yoshitake outlined BISG\u2019s performance in the first half of the year, with 39 percent year over year growth, attributing some of that growth to the integration with Oc\u00e9. He added that Canon\u2019s independent dealer channel achieved the highest revenue in history of the channel in June of this year.<\/p>\n

Key initiatives outlined include increasing copier MIF, particularly in color and high-volume as well as introducing more solutions for those products.<\/p>\n

Sam Yoshida highlighted Canon\u2019s success with their imageRUNNER series and pointed out core strategies for business expansion such as focusing on a consistency of architecture across the entire product portfolio, extending the A4 line, enhancing platform tools that will help drive down the cost of implementation, management, and service delivery, and enhancing integration of technology within the cloud, mobile, and business process workflows.<\/p>\n

Yoshida outlined ways Canon will execute on these strategies, including completing the migration of the entire imageRUNNER Advance platform to the second generation and expanding the A4 MFP product portfolio as well as through gaining traction on the software front. He reported that Canon continues to see tremendous acceptance in the marketplace for uniFlow, which is driving MPS engagements and mobile printing.<\/p>\n

Meanwhile, Canon is looking to capture more page volume in the production arena as the industry moves from offset to digital. The Oc\u00e9 acquisition will be instrumental in helping Canon enter new production print markets and capturing new page volume. Other key elements of the company\u2019s production print strategy is developing products capable of meeting key application requirements, enhancing PRISMA software to drive differentiation and meet customer workflow requirements, and developing services to assist customers in driving net new revenue.<\/p>\n

Expect to see Canon leveraging technology expertise in EP, inkjet, and head technologies, and entering new growth markets in the production space such as packaging.<\/p>\n

Services represent a huge growth opportunity within the imaging industry and Canon is intently focused there as well. Expect to see Canon build its services operations within multiple business units focusing on areas such as business process optimization, systems integration\/IT services, security services, managed document services, imaging and records management, and traditional FM services. All of these services segments are currently significant revenue generators for Canon according to Yoshida.<\/p>\n

\u201cIt\u2019s all about diversification with Canon,\u201d added Yoshida. \u201cOur copying and printing business is an example of that diversification. We hope many of these businesses you\u2019ve seen will be future pillars of our business. \u201c<\/p>\n

Overall, the event underscored Canon\u2019s position as a technology leader, its commitment to becoming even a bigger force in the production space, and how diversification and convergence are the keys to its ongoing success.<\/p>\n

Thanks for reading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week Canon U.S.A. hosted an event for press and analysts at their new Melville headquarters. For many it was the first opportunity to see the new digs, a 700,000 square foot building located on 52 acres. Although some of us were expecting a full-blown tour of the facility, what we got was a look at their new 12,000 square foot showroom (mighty impressive), and presentations by Canon executives with an emphasis on high-end production devices, including \u00a0two products under NDA that will be showcased at Print 13 in Chicago in September. The majority of presentations were mostly targeted towards press and analysts covering the production and graphics art space. Still, presentations by Canon U.S.A. President and CEO Joe Adachi; Jun Yoshitake, senior vice president, Business Imaging Solutions Group; and Sam Yoshida, vice president and general manager, marketing, BISG, offered the rest of us press and analysts who tend to focus more on the office technology space insights into Canon\u2019s worldwide financial performance as well as future strategies and R&D initiatives. I\u2019ll avoid drilling down too deeply into the revenue details, but it\u2019s safe to say that Canon remains on solid financial footing with Canon Americas, including South America, contributing to $5.2 billion in overall revenues in the first half of 2013 while the Office Business Group is generating worldwide revenues of $9.9 billion through June of this year. Adachi offered a blueprint for Canon\u2019s existing and future product R&D efforts, emphasizing how technology used in one product category, medical for instance, may converge into other product segments.\u00a0 One of the current challenges identified by Adachi is how to integrate input and output devices across all the business segments within Canon. What he meant by that, at least in my interpretation, is cross purposing technology used in commercial and consumer applications, creating new benefits for users. \u201cIf we stick only to output devices, unless you have integration with input devices, you\u2019ll be out of fashion some day,\u201d said Adachi. \u201cThat\u2019s our challenge and Canon can do that…we can\u2019t stay at the same place for ever, that\u2019s why we want to open the door to the new world.\u201d One of the more interesting technologies under development, albeit still some years away, is an 8K display. Adachi says that Canon will unveil a 4K display for medical usage later this year, but what that 8K display offers is natural 3D without the need for 3D glasses. \u201cYou must understand what\u2019s going on in other industries,\u201d emphasized Adachi. \u201cThere are no barriers or walls in industry anymore.\u201d After Adachi, Jun Yoshitake outlined BISG\u2019s performance in the first half of the year, with 39 percent year over year growth, attributing some of that growth to the integration with Oc\u00e9. He added that Canon\u2019s independent dealer channel achieved the highest revenue in history of the channel in June of this year. Key initiatives outlined include increasing copier MIF, particularly in color and high-volume as well as introducing more solutions for those products. Sam Yoshida highlighted Canon\u2019s success with their imageRUNNER series and pointed out core strategies for business expansion such as focusing on a consistency of architecture across the entire product portfolio, extending the A4 line, enhancing platform tools that will help drive down the cost of implementation, management, and service delivery, and enhancing integration of technology within the cloud, mobile, and business process workflows. Yoshida outlined ways Canon will execute on these strategies, including completing the migration of the entire imageRUNNER Advance platform to the second generation and expanding the A4 MFP product portfolio as well as through gaining traction on the software front. He reported that Canon continues to see tremendous acceptance in the marketplace for uniFlow, which is driving MPS engagements and mobile printing. Meanwhile, Canon is looking to capture more page volume in the production arena as the industry moves from offset to digital. The Oc\u00e9 acquisition will be instrumental in helping Canon enter new production print markets and capturing new page volume. Other key elements of the company\u2019s production print strategy is developing products capable of meeting key application requirements, enhancing PRISMA software to drive differentiation and meet customer workflow requirements, and developing services to assist customers in driving net new revenue. Expect to see Canon leveraging technology expertise in EP, inkjet, and head technologies, and entering new growth markets in the production space such as packaging. Services represent a huge growth opportunity within the imaging industry and Canon is intently focused there as well. Expect to see Canon build its services operations within multiple business units focusing on areas such as business process optimization, systems integration\/IT services, security services, managed document services, imaging and records management, and traditional FM services. All of these services segments are currently significant revenue generators for Canon according to Yoshida. \u201cIt\u2019s all about diversification with Canon,\u201d added Yoshida. \u201cOur copying and printing business is an example of that diversification. We hope many of these businesses you\u2019ve seen will be future pillars of our business. \u201c Overall, the event underscored Canon\u2019s position as a technology leader, its commitment to becoming even a bigger force in the production space, and how diversification and convergence are the keys to its ongoing success. Thanks for reading.<\/p>\n","protected":false},"author":3,"featured_media":5652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[80],"tags":[135,143,736,737,733,734,738,735,732,354],"_links":{"self":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/5651"}],"collection":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=5651"}],"version-history":[{"count":5,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/5651\/revisions"}],"predecessor-version":[{"id":5655,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/5651\/revisions\/5655"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media\/5652"}],"wp:attachment":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=5651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=5651"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=5651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}