Virtulytix Delivers Interactive SMART Forecast

Access, Use, and Visualization of Forecast Data Now More Affordable

Media Contact:  Tom O’Neill

Virtulytix, Inc.

+1 (859) 536-0767

Email:  tom.oneill@virtulytix.com

Today, Virtulytix Inc, a leading provider of advanced analytics solutions for the imaging industry, announces the release of their “SMART Forecast” a new simple market analysis research tool providing advanced visual analytics capabilities. The SMART Forecast tool is an interactive web-based dashboard created from Virtulytix's four industry forecasts that enable an individual to easily view and compare data of one forecast or between different forecasts. It delivers several unique capabilities.

Dynamic visualization of data: Unlike typical forecasts delivered by large database files and pivot tables, the SMART Forecast uses advanced analytics visualizations making it easy for any user to see market trends, make comparisons between different market dynamics, and analyze forecast data. Criteria and metric selections are in easy drop-down lists so the user can easily select what is to be shown in the visualizations. There’s no need to have extensive database or pivot table skills.

Comprehensive industry data set: Virtulytix’s forecasts have over one million data points contained in separate forecast files – hardware, toner supplies, ink supplies, and media. Each forecast gives global and separate regional views. The SMART Forecast integrates these separate files into one database to give a single unified analytical toolbox.

Affordability: Consistent with its efforts to ‘democratize’ market data access and use, the SMART Forecast is priced on a per-seat basis starting as low as $4,999 per year. Multi-seat licenses and corporate licenses are also available. Virtulytix continues to offer the entire dataset files and pivot tables that are traditionally used for corporate strategic planning and the SMART Forecast is included at no charge with those purchases.   

Customizable: The SMART Forecast comes with standard views already available. Each view can be customized by the user in their selection of criteria and metrics. New views will be added over time. Customized dashboards for the SMART Forecast are available from Virtulytix for additional fees. 

Dashboard Image.png

According to Tom O’Neill, Marketing and Product Management, “This is another step in Virtulytix’s effort to make market analysis and insights available to all levels of the organization, smaller organizations, and resellers. This type of information was previously only available to executive teams and the central research organizations.” Virtulytix calls this the ‘democratization’ of data. According to CEO Ed Crowley, “This is another example of applying the advanced analytics skills and tools that reside within our data science and data engineering team to make our data and analysis more useful and actionable for our clients.”

More information about the SMART Forecast and other imaging industry analytics products and services from Virtulytix can be found on the Virtulytix web site. For more details on the Virtulytix SMART Forecast contact Ron Iversen at ron.iversen@virtulytix.com

 

About Virtulytix

Formed in 2017 Virtulytix offers two group services; the Virtulytix Imaging Industry Group and the Virtulytix Predictive Analytics Group.

Virtulytix Imaging Industry Group serves the print and imaging industry as a leader in market intelligence, consulting and advisory services. With the mission of delivering deep-rooted and comprehensive print and imaging market insights, Virtulytix partners with clients to deliver insightful analysis and perspectives that help capitalize on emerging opportunities and drive success in organizations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.

Virtulytix Predictive Analytics Group is a leader in providing advanced analytics solutions which empowers device manufacturers, resellers, and fleet managers to realize the full potential of their IoT enabled devices and fleets. As the developer of the unique SuppliesIQ™ service, an automated predictive supplies fulfillment solution, Virtulytix Predictive Analytics Group enables OEMs, distributors, and dealers managing fleets of imaging devices to achieve accurate just-in-time supplies replenishment ensuring customers get their supplies WHEN they need them - not too early and not late. Gathering data through the IoT and using tools such as IBM Cognitive solutions, Python and R, Virtulytix Predictive Analytics Group's team of data engineers and data scientists develop Artificial Intelligence (AI) and Machine Learning (ML) models producing predictive and prescriptive analytics that help clients improve customer satisfaction, reduce service costs, minimize replenishable item waste, and avoid unplanned maintenance. Used in the print and imaging, nuclear power, semiconductor, and manufacturing industry these predictive and prescriptive analytics solutions address inventory, supply, and logistics management challenges.

Web Page: www.virtulytix.com
Email: info@virtulytix.com
269 West Main Street, Suite 400
Lexington, Kentucky 40507

OFFICE JAVA is Served by Virtulytix

OFFICE JAVA is Served by Virtulytix

Virtulytix is positioning this service to be a powerful way to ‘democratize’ market intelligence by providing a broader scope of choice to the traditional users of market intelligence as well as make market dynamics data more accessible to those who haven’t had easy access to it in the past.

Virtulytix Releases SuppliesIQ 2.0

Virtulytix Releases SuppliesIQ 2.0

Fleet managers cannot afford to ship supplies late resulting in supplies arriving after the current supply is empty creating customer dissatisfaction and risking customer loyalty. Nor can they afford to ship supplies too soon, which avoids customer dissatisfaction but results in supplies waste and loss of profit when the old cartridge is replaced before it is completely empty.

Virtulytix Releases 2018 Global Inkjet Cartridge Forecast for $33B Inkjet Cartridge Market

 

 

                                               

                                                                                                                        FOR IMMEDIATE RELEASE

Date: January 17, 2019        

Media Contact – Ron Iversen

Vice President Market Intelligence

Phone: (805) 630-4096

Email: ron.iversen@virtulytix.com

 

Inkjet Cartridge Market Forecast to be $33B per Year Due to Increased Business CISS and PageWide Inkjet Cartridge Use  

Virtulytix Releases 2018 Global Inkjet Cartridge Forecast

Virtulytix announces the release of the 2018 Global Inkjet Cartridge Forecast. Covering 2018 to 2022 forecasts and including historical data for 2014 to 2017 the forecast gives a global view of the Inkjet cartridge market. Pivot tables can be used to view forecasts by region along with metrics such as: actual and forecasted unit shipments, growth rates, revenue, average selling prices, and printer installed base for monochrome, single color and tricolor inkjet cartridges. Forecast and historical information is presented across thirteen inkjet printer segments.

At approximately $33 billion the global inkjet cartridge market is forecast to be fairly stable into 2022. However, Virtulytix foresees an increasing shift of inkjet cartridge use in the office, with resulting higher page volumes, due to the growing use of Continuous Ink Supply (CSS) and PageWide inkjet printers and MFPs. For the first time, the 2018 Inkjet Cartridge forecast includes segments for the CISS (Continuous Ink Supply Systems) and PageWide class providing insight into the impact of the growing use of these technologies. 

The 2018 Inkjet Cartridge forecast will be useful to printer manufacturers, aftermarket cartridge suppliers, and resellers. “Ink cartridge revenue can represent 60-70% of overall printer revenues and a high level of profit for printer manufacturers” says Ron Iversen, Vice President of Market Intelligence for Virtulytix. “The growing use of CISS and PageWide devices in the office is shifting the mix of inkjet cartridge use from very low page volume consumer use to higher page volume business use. OEMs, Aftermarket suppliers and resellers should position themselves to take advantage of this opportunity.”

The Global 2018 Inkjet Cartridge forecast will be available for ordering on the Virtulytix website in February. For immediate ordering, Regional and other customized views, as well as forecast insight reviews contact Ron Iversen, VP Market Intelligence, at +1 805 630 4096 or at  ron.iversen@virtulytix.com.

About Virtulytix

Formed in 2017 Virtulytix is a leader in providing advanced analytics solutions which enable Industrial IoT device manufacturers, resellers, and fleet managers realize the full potential of their IoT enabled devices and fleets. Virtulytix has developed custom solutions in the Semiconductor, Nuclear Power, and Print and Imaging industries. With over 100M connected devices worldwide, the Print and Imaging industry is one of the largest IoT enabled markets and has been a focal point for the company. The company is the developer of the unique SuppliesIQ™ supplies replenishment solution which enables just-in-time supplies replenishment systems for OEMs, distributors, and dealers who manage IoT fleets of imaging devices.

Virtulytix Imaging Industry Group is a leader in market intelligence and consulting for the imaging industry. With the mission of delivering deep-rooted and comprehensive imaging insights Virtulytix partners with clients to deliver insightful market intelligence and consulting services that help capitalize on emerging opportunities and drive success in organizations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.

Web Page: www.virtulytix.com
Email: info@virtulytix.com
269 West Main Street, Suite 400
Lexington, Kentucky 40507

 

Virtulytix Releases 2018 Global Toner Cartridge Forecast - $60B Global Toner Cartridge Market

 

 

                                               

                                                                                                                        FOR IMMEDIATE RELEASE

 

Date:  January 17, 2019                                                       

Media Contact – Ron Iversen

Vice President Market Intelligence

Phone: (805) 630-4096

Email: ron.iversen@virtulytix.com

$60B Global Toner Cartridge Market Sees Aftermarket Suppliers Continue to Increase Share

Virtulytix Releases 2018 Global Toner Cartridge Forecast

Virtulytix announces the release of the 2018 Global Toner Cartridge Forecast. The forecast covers 2018 to 2022 and includes historical data for 2014 to 2017 providing a global view of the toner cartridge market. The forecast includes pivot tables to view forecasts by region and by metrics such as actual and forecasted unit shipments, growth rates, revenue, average selling prices, and printer installed base for each cartridge type. OEM and Aftermarket (non-OEM) information is included across 24 laser printer and MFP segments.

The size of the global toner cartridge market is approximately $60 billion. Printer manufacturers, aftermarket cartridge suppliers, resellers, and MPS providers will find the Virtulytix Global Toner Cartridge Forecast helpful in understanding trends and areas of opportunity or risks. Multiple views of the forecast can be created to include some or all of the following data:

·       Regions - North America, Latin America, Western Europe, Rest of EMEA, Japan, and Rest of Asia

·       Hardware Segment – Monochrome Printer, Monochrome MFP, Color Printer, Color MFP

·       Hardware Size – A4, A3

·       Vendor

·       Cartridge Color – Monochrome, C, M, Y, K

·       Cartridge Source – OEM, Aftermarket (non-OEM)

·       Market Shares – Shipments, Revenue

As an example, the global forecast shows that 30% to 33% of monochrome cartridge shipments have been captured by Aftermarket suppliers. Yet OEM suppliers have retained above 75% of the monochrome cartridge revenue. In color toner cartridge shipments Aftermarket suppliers have captured only 13% of the shipments by 2018 and while OEM suppliers have enjoyed an above 90% share of color cartridge shipments and revenue these shares are in decline. Virtulytix foresees the relative monochrome share trends continuing, however, OEM color shipments and revenue will continue to decline as Aftermarket suppliers increase their technology assets and provide print quality rivaling the OEM suppliers. According to Ron Iversen, VP Market Intelligence for Virtulytix, “Aftermarket toner cartridge suppliers are targeting the growing mid-high speed color MFP segments where cartridge usage is quite high. With almost 80% of the toner cartridge market existing in the color area this is clearly the biggest risk to OEM manufacturers”.

The Global 2018 Toner Cartridge forecast will be available for ordering on the  Virtulytix website in February. For immediate ordering as well as Regional and other customized views, and forecast insight reviews contact Ron Iversen, VP Market Intelligence, at +1 805 630 4096 or at  ron.iversen@virtulytix.com.

About Virtulytix

Formed in 2017 Virtulytix is a leader in providing advanced analytics solutions which enable Industrial IoT device manufacturers, resellers, and fleet managers realize the full potential of their IoT enabled devices and fleets. Virtulytix has developed custom solutions in the Semiconductor, Nuclear Power, and Print and Imaging industries. With over 100M connected devices worldwide, the Print and Imaging industry is one of the largest IoT enabled markets and has been a focal point for the company. The company is the developer of the unique SuppliesIQ™ supplies replenishment solution which enables just-in-time supplies replenishment systems for OEMs, distributors, and dealers who manage IoT fleets of imaging devices.

Virtulytix Imaging Industry Group is a leader in market intelligence and consulting for the imaging industry. With the mission of delivering deep-rooted and comprehensive imaging insights Virtulytix partners with clients to deliver insightful market intelligence and consulting services that help capitalize on emerging opportunities and drive success in organizations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.

 

Web Page: www.virtulytix.com
Email: info@virtulytix.com
269 West Main Street, Suite 400
Lexington, Kentucky 40507

 

Virtulytix releases 2018 Global Media Forecast

Inkjet Media Growing as Use Shifts from Laser to Inkjet in the Office.

“Although the overall printer media market will decline, it is still a very large market at almost $35 billion in 2022. However, due to the shift occurring to inkjet from laser especially in the office, and media price differentials, we forecast global inkjet media revenue growing and perhaps surpassing laser media revenue before 2025. Printer manufacturers and media companies that plan for this shift can take advantage of this trend.”  Ron Iversen, Vice President Market Intelligence for Virtulytix

Virtulytix Releases 2018 Global Office Printer Hardware Forecast

 

                                               

                                                                                                                        FOR IMMEDIATE RELEASE

Date:  January 16, 2019       

Media Contact – Ron Iversen

Vice President Market Intelligence

Phone: (805) 630-4096

Email: ron.iversen@virtulytix.com

PageWide and CISS Devices Expected to Surpass Low End Business Laser

Virtulytix Releases 2018 Global Office Printer Hardware Forecast

Virtulytix announces the release of the 2018 Global Office Printer Hardware Forecast that includes forecasts for 2018 to 2022 and historical data for 2014 to 2017 for covering Laser and Inkjet hardware. The forecast offers a global view of the Laser and Inkjet printer/MFP hardware market and can be segmented to view regional forecasts. All forecasts can be segmented by hardware technology, function, speed segment and paper size (A4 or A4). Pivot tables can present views of actual and forecasted unit shipments, growth rates, revenue, average selling price, and installed base.

For the first time Inkjet hardware has been segmented into CISS (Continuous Ink Supply System/PageWide) and non-CISS segments to give a clearer view of trends for these growing and impactful technologies.

“The CISS and PageWide Inkjet systems are two of the most disruptive forces in the office printer and MFP market," said Ron Iversen, Vice President Market Intelligence for Virtulytix. "It is critical for manufacturers, resellers and end users to have a clear view of the growth of these technologies and their impact on traditional laser and inkjet business. Virtulytix has intensely researched these segments and is proud to provide these new important hardware forecasts as well as valuable supplies and media forecasts.”  

The Virtulytix 2018 Global Office Printer Hardware Forecast will be available for ordering on the Virtulytix website. in February. For immediate ordering and for Regional and other customized views, contact Ron Iversen, VP Market Intelligence, at +1 805 630 4096 or at  ron.iversen@virtulytix.com.

About Virtulytix

Formed in 2017 Virtulytix is a leader in providing advanced analytics solutions which enable Industrial IoT device manufacturers, resellers, and fleet managers realize the full potential of their IoT enabled devices and fleets. Virtulytix has developed custom solutions in the Semiconductor, Nuclear Power, and Print and Imaging industries. With over 100M connected devices worldwide, the Print and Imaging industry is one of the largest IoT enabled markets and has been a focal point for the company. The company is the developer of the unique SuppliesIQ™ supplies replenishment solution which enables just-in-time supplies replenishment systems for OEMs, distributors, and dealers who manage IoT fleets of imaging devices.

Virtulytix Imaging Industry Group is a leader in market intelligence and consulting for the imaging industry. With the mission of delivering deep-rooted and comprehensive imaging insights Virtulytix partners with clients to deliver insightful market intelligence and consulting services that help capitalize on emerging opportunities and drive success in organizations. Our successful research and consulting projects include working with top imaging firms, infrastructure providers, MPS providers, software firms, and end-user customers including a ‘who’s who’ list of Fortune 500 firms.

Web Page: www.virtulytix.com
Email: info@virtulytix.com
269 West Main Street, Suite 400
Lexington, Kentucky 40507

 

Print and Imaging Industry Veteran Tom O'Neill Joins Virtulytix

January 8, 2019 - Virtulytix announced today that Tom O'Neill has joined as VP of Product Management and Marketing. In his role, Tom will be responsible for leading the firm's marketing, product strategy, and management of product life cycles.

Virtulytix Selects Channel Partners for 2018 Leaders Index

NEWS RELEASE

Media Contact: Edward Crowley
Phone: 1.859.253.0256
Email: ed.crowley@virtulytix.com

Virtulytix Selects Channel Partners for 2018 Leaders Index

LEXINGTON, KY (July 19, 2018)—Virtulytix has selected 7 independent, channel partners around the world as leaders in managed print services (MPS), based on demonstrated leadership in MPS.

The Leaders Index for MPS Channel Partners is a collection of select, independent MPS partners from around the world that are regarded as the gold standard in managed print and document services. Virtulytix classifies this index of elite providers from across Africa, North America, and Europe, as a lens to view the current landscape of MPS.

“As the managed services landscape reaches maturity in many markets, we continue to see a demonstrated need for measurable best practices and benchmarks built on real-world results by recognized leaders in managed print and document services,” said Ed Crowley, CEO for Virtulytix. “These MPS leaders not only demonstrate leadership in MPS, but a genuine interest in the pursuit of best practices that benefit the industry and the customers it serves.”  This years selected leaders are:

  • Doing Better Business
  • Green Office (Pty) Ltd.
  • Xtandit
  • OneDOC Managed Print Services, LLC
  • SmartPrint, Inc.
  • Qualpath, Inc.
  • Loffler 

Measuring “True” Success

To compete in the near future, channel partners will need to take the right steps to be competitive.  To help move in the right direction, it is critical to know the real level of performance when measured against the ‘best of breed’ competitors in the industry.

Manufacturers will need to know the composition of their channel partners by measuring them using objective, independent measurements rather than just sales revenue. Sales may be great today if that is the only measurement of success, but what if the partners are the ones who get displaced? Can manufacturers afford to depend on the partner’s subjective perception of how competitive they are?

To help the industry measure channel success, we created our Leadership Index using select, innovative channel partners in North America, Europe, and Africa. This includes benchmarking 300 key business metrics including sales, operations, and service performance. The trends are impressive for channel partners with an average of 12 years offering services. This includes $389,340 average revenue per employee and 96% customer retention ratio. 

Only partners that Virtulytix determines to be among the best in the world are invited to participate in the Leaders Index. These aggregate results serve as a tangible set of benchmarks other partners can compare their own performance against.

The following chart shows the Leaders Index class of 2018 and how they rank according to the Percent of Fleet MPS versus Percent of Revenue from MPS as a part of their business.

Screen Shot 2018-07-19 at 10.12.49 AM.png

About Virtulytix
Virtulytix is an independent full service Advanced Analytics firm. With over a decade of consulting and business transformation experience, we help our clients drive down operation costs and increase revenue through complex advanced analytics solutions. We are here to help every step of the way from initial conception, proof of concept, deployment, data visualization, integration and ongoing support.

For more information, please contact Ed Crowley at +1 859.253.0256 or ed.crowley@virtulytix.com.

Sistemas Contino  Becomes First Reseller To Deploy Suppliesiq In Mexico

 

NEWS RELEASE

Media Contact: Scott Hornbuckle
President, Virtulytix, Inc.  
Cell: +1 (502) 664-0733
Email: scott.hornbuckle@virtulytix.com

 

 

Sistemas Contino Becomes First Reseller to Deploy SuppliesIQ in Mexico

Sistemas Contino, a leading provider of imaging solutions is the first reseller in Mexico to implement the SuppliesIQ supplies fulfillment and optimization solution from Virtulytix. The patented SuppliesIQ service reduces the waste associated with early replacement of toner cartridges and unnecessary shipping costs by up to 85% using predictive analytics technology. For many companies this helps to minimize the environmental waste associated with replacing printer cartridges before they are empty while helping to maximize supplies inventory.

Gerardo Poo Gil, Director General of Sistemas Contino says, “We are focused on optimizing our business and ensuring we have the most cost-effective method for delivering print services to our clients. Implementing SuppliesIQ allows us to reduce our costs and provide enhanced services to our clients.”

Acccording to Scott Hornbuckle, President of Virtulytix, “SuppliesIQ is the first predictive solution which accurately identifies when each toner cartridge in each printer will run empty based on the individual use, print environment, and other dynamics.” This is a unique solution which was developed by Virtulytix using the IBM Watson IoT analytics platform and custom coding to provide:

·       Real time, accurate prediction of the future date when the cartridge will be empty.

·       Unique predictions for each cartridge, not just for each printer.

·       Cloud based solution compatible with any fleet management software platform using standard API interfaces and file formats.

·       Secure – does not capture customer information; your data is safe.  We comply with…. Whatever we comply with.

·       Vendor agnostic – SuppliesIQ works with all makes and models of printers.

·       Ultra high throughput, the Supplies IQ platform makes predictions for tens of thousands of devices per hour.

The patented SuppliesIQ technology utilizes three different predictive algorithms on each cartridge, with the third algorithm dynamically picking the best prediction. By leveraging machine learning, the solution actually becomes more accurate the longer it is used and is able to incorporate both seasonality variations and other statistical models to develop the most accurate prediction.

SuppliesIQ is the first cloud based, fleet management software tested to be twice as accurate as linear algorithm-based fleet management tools for estimating when toner cartridges will be empty. In the same testing, the solution provided up to 85% savings of lost toner relative to unmanaged solutions.

 

About Virtulytix

Virtulytix provides advanced analytics solutions which enable industrial IoT device manufacturers and fleet managers to realize the full potential of their IoT enabled devices and fleets.

Virtulytix develops solutions using IBM Watson Cognitive tools, Tableaux, Python, and other advanced analytics technologies. The firm’s team of project managers, data engineers, and data scientists help clients reduce service costs, reduce logistics replenishment expense, and avoid unplanned maintenance for industrial IoT enabled products.

Web Page: www.virtulytix.com
Email: info@virtulytix.com
269 West Main Street, Suite 400
Lexington, Kentucky 40507

 

About Sistemas Contino

Sistemas Contino is a leading technology provider in the Gulf Zone and Southeastern Mexico, specializing in solutions for the office. The solutions include multifunction and large format printing, computing, digitalization solutions, audiovisual equipment, printing supplies, materials and accessories, and specialized technical services.

The company has operational centers in Mexico City, Mexico State, Puebla, Veracruz, Villahermosa, Coatzacoalcos, Poza Rica, Xalapa, Córdoba, Oaxaca, Tampico, and Guadalajara.

sistemascontino.com.mx

We make your Industrial IoT fleet smart!

For 11 years, Photizo Group has been at the forefront of helping clients transform their business models to maximize their market growth in the rapidly evolving and dynamic imaging market. The firm advocated that to survive and thrive, imaging firms need to transform their business models to new service centric models. Photizo Group established a leadership position by being at the forefront of MPS.

Industrial IoT Solutions Firm, Virtulytix Launches From Lexington, Kentucky

Virtulytix is a new company focused on providing advanced analytics to clients across a broad range of industries. According to the company’s President, Scott Hornbuckle, Virtulytix is on the leading edge of advanced analytics with the specific goal of “making the Industrial IoT smart!”. While the company is new, it is leveraging the experience of a group of seasoned industry executives including: