Epson Study Finds European Nations Lose R97 Billion a Year due to Inefficient Printers

02-09-2014 by

Share this:

A recent study by ink cartridge and printer manufacturer Epson has found that each of the 5 major European nations (Italy, Spain, France, Germany and the UK) lose about R97 billion a year due to improperly managed printers.

The study was conducted by Coleman Parkes Research and 1 250 IT decision makers in the retail and financial industries were interviewed.

It was found that of the R337 billion lost each year due to inadequate technology and incorrect handling, R97 billion was lost to printing alone.

Epson noted that this has had a negative impact on competitiveness and work. In addition to the loss, employee frustration had a major impact on efficiency.

Paper jams, maintenance issues and interruptions were the main cause of dissatisfaction when it came to hardware and IT systems.

The three main issues employees had with printing were paper jams, low printing speeds and workers being forced to leave their desks to retrieve print outs.

From a business cost point of view, 46% of companies saw the cost of printer cartridges and paper as the main problem, while 43% saw reliability as the main issue and 36% were concerned about print quality.

It was found that employees wasted 14.7 minutes a day dealing with outdated or inefficient technology, which Epson noted reduced the reliability of the product.

Nic Venter

About the author

Nic Venter+

 is the founder and director of He started the business in 2009 with the idea to sell ink and toner cartridges online and to provide you with a quality product, value for money and convenience. He regularly blogs on about printing and technology. Part of his philosophy is having fun and making sure that he and his team think everything ink, so you don't have to.

comments powered by Disqus
visa-logo mastercard-logo eft-logo

© Inksaver CC 2012
Brother, Canon, Epson, HP, Kyocera, Lexmark, Oki, Samsung, Xerox and other manufacturer brand names and logos are registered trademarks of their respective owners who have no association with or make any endorsement of the products or services provided by InkSaver.