Canon aims to increase managed document service growth to 50%

Canon India aims to be a market leader in Document Maanagement space and hence it launches a new range of imageRUNNER 1700 series and document scanners. With this launch the company expects a 50 per cent growth with a revenue achievement of Rs 75 crore in managed document service within a year.

The imageRUNNER 1700 series includes imageRUNNER 1730,1730i, 1740i and 1750i models to offer high speed A4 black and white printing, scanning and copying. This series comes with four variants with speed ranging for 30ppm to 50ppm. Also this comes with inbuilt universal send feature.

The new range of Document Scanners P-215, DR C-125, DR M-140 and DR M-160 covers all personal, workgroup to department level digitization needs.

Dr Alok Bharadwaj, Senior Vice President, Canon India said, "India Inc prints about 15 crores documents annually and is expected to grow at rate of 15% YOY. The government and SME sector are the key growth drivers for this segment, the A4 Copier based MFDs is ideally suited to meet all the requirements of the Indian SMEs and Government segment."

Document scanners are integral part of digitization. Verticals like BFSI, Telecom, healthcare, logistics and government sectors have plenty of documents and these scanners are designed to increase the productivity in any organization, said a release.