Tuesday, December 6, 2016

Print Audit acquires NeoStream Technologies, Inc.

For those of you who are not familiar with Print Audit, its primary product is software for tracking print-output generated on small-format printers and copiers and on large-format plotting devices.  Not altogether different from products offered by Argos’ Sepialine and by ARC’s AbacusPCR (the latter two products are well known, and widely used, in the reprographics industry and are used by reprographers who place equipment at A&E firms.)  All that said, when I was active in the reprographics business – promoting and selling “OnSite” services - I came across Print Audit only once, at an Architecture firm in Nashville, TN.

From Print Audit’s web-site, here’s “the page” that shows what Print Audit says to appeal to Architecture and Engineering firms:

“For many of today’s architecture and engineering firms, printing and plotting remains an unnecessary cost center. Firms that are using Print Audit 6 to automatically track and bill for all of their document creation expenses are saving countless hours of time, and recapturing thousands of dollars per month in printing and plotting costs.”

This link will take you to the web-page on Print Audit’s web-site where PA shows a screen shot of a pop-up window, where you’ll see the information PA’s software tracks:

Print Audit acquires NeoStream Technologies, Inc.

Acquisition announced on December 6, 2016:

The acquisition will allow Print Audit and its Premier Members to fully manage a customer’s document workflow for printed and digital content as well as provide full intranet and communications capabilities.

NeoStream capabilities will be rolled out initially in North America with International rollout at a later date.

"When we announced that we were here to save the office equipment industry, we meant it,” stated John MacInnes, President at Print Audit. "Customer workflow is transforming. How they share information internally and with the world at large is transforming. Print Audit is transforming and we’re helping our Premier Members to do the same. The acquisition of NeoStream Technologies will ensure that our Premier Members have the opportunity to manage and monetize the entire document lifecycle, printed or not.”

Printed documents per user are in a slight year over year decline while digital content is experiencing exponential growth. A single source for the management of printed and digital documents will help streamline and simplify the end user experience while providing additional revenue opportunities to providers.

Print Audit led the market with the first SBB (Seat Based Billing) offering for managed print and the NeoStream acquisition is the next step in its commitment to save the office equipment industry through transformation.

“Everybody at NeoStream is excited about the acquisition and we are looking forward to bringing our offering to an entirely new set of customers,” stated Sean Halliday, Founder of NeoStream Technologies. “We see the lines between digital documents and printed documents blurring and believe that customers will benefit enormously by having a one-stop shop for the combined tools and solutions.”

Existing NeoStream customers will experience the same great levels of service and support that they are accustomed to. Print Audit Premier members will have the opportunity to offer NeoStream’s solutions exclusively and at a discounted rate for a limited time by upgrading to Premier Plus. The NeoStream solutions lineup is not included in the standard Premier membership and details about Premier Plus will be provided upon request.

About NeoStream Technologies, Inc.

NeoStream Technologies, Inc. (neostreamtech.com) is a software company that provides document management, communication and collaboration solutions to many different industries.

NeoSteram solutions connect and align the information and communication flow within and between organizations. We focus on enabling our clients to efficiently and cost effectively track information related to their key operational functions as well as corporate services (‘back office’) activities.

NeoStream was founded in 2004, and is recognized as a leader in the collaboration field.

About Print Audit®

Established in 1999 and headquartered in Calgary, Alberta, Print Audit's mission is to save the office equipment industry through transformation. The company does this through its Premier and Premier Plus membership programs, which were created to teach dealers how to Win Customers. To date, Premier & Premier Plus members have acquired 1,928 new customers, added over $8.1 million in monthly recurring revenue and retained 84% of their print management clients. Premier & Premier Plus members are working together to build the most influential group of office equipment dealers in the world.

Print Audit (printaudit.com) is the most comprehensive provider of print management toolsets, office collaboration systems & document management solutions. The company not only helps members remotely manage their printer fleets, but has also developed a variety of tools that enable organizations to monitor and control user document workflows whether printed or digital. Premier & Premier Plus members enjoy access to some or all of Print Audit solutions for a flat monthly fee.

Thursday, December 1, 2016

ARC Document Solutions' stock price continues to improve (this blog-post also contains an extensive write-up by an analyst)

In a recent blog-post, I mentioned that ARC’s shares have recently been on the rise.  Today, ARC’s share price closed at $4.58, even higher than the last time I mentioned ARC’s stock price.

On June 14, 2014, an analyst posted an article (actually, an extensive write-up) about ARC Document Solutions, and, in that article, he said, “We see a conservative path to $10 vs. today’s $5.90 price, with highly open-ended upside from there.”

Six months after the analyst prepared that write-up, ARC’s stock did, in fact, rise to $10 (actually, a bit more than that, in late Dec 2014).

However, subsequent to December 2014, ARC’s share price gradually retracted to around $3 per share (in August 2016), before rising up to its current price.

The write-up that analyst did was prior to ARC’s introduction of Skysite.  Wonder how that would have affected his write-up?

If you are a reprographer, you will find the write-up to be quite interesting; here’s a link to that write-up:

We can 3D print a house in 24 hours, says teenage CEO of Cazza Construction

This comes from a post on 3ders.org by “Benedict” on Nov 29, 2016:
“Led by 19-year-old millionaire entrepreneur Chris Kelsey, San Francisco-based Cazza Construction says it can use large-scale 3D printing to build entire 100 sq meter (approximately 1,000 sq ft) houses in as little as 24 hours.  Cazza will, however, be keeping the secrets of its 3D printer under wraps until December.”

Read the rest of the story at this link:

Here’s a link to Cazza’s web-site:

Stock Prices of 3D Systems and Stratasys are way, way off their peaks!

Below is a portion of an article, authored by Jesse DePinto, that appeared in the Milwaukee Business News on March 9th, 2015:

“By now, most people have heard of 3D printing. We’ve all been told by now that 3D printing can solve humanity’s problems: produce cheaper buildings, download and print useful products at home, fabricate human organs on-demand, etc. The list goes on. While the concept of 3D printing certainly has the potential to revolutionize our everyday life, the technology is not ready for prime time.

Stock plummet:  Two companies dominate the 3D printing market: 3D Systems (NYSE: DDD) and Stratasys (NYSE: SSYS). Last January, both companies were trading at their highest stock price since inception. Since then, both stocks have been on a long, painful decline. 3D Systems traded at its lowest price this January at $28.33 per share, compared to $96.42 last January!

What does this mean for 3D printing? It means the hype is finally over. Reality has set in. You can’t make an iPhone on your home 3D printer like you were promised. You can’t get an FDA-approved replacement liver. You can’t instruct your 3D printer robot to make dinner for you.”

Blog Publisher’s comments:

As Mr. DePinto pointed out, 3D Systems peaked at $96.42 in January 2014.
Today, 3D Systems is trading at around $13.44.
3D Systems’ sales were a wee bit higher in 2015 than in 2014.

Stratasys also peaked in January 2014, at $136.46.
Today, Stratasys is trading at around $17.65.
Stratasys’ sales were lower in 2015 than in 2014.

Since 2015, GE has entered the 3D printing field (we did a brief blog-post about that a few months ago).  And, since 2015, HP entered the 3D printing field with its own 3D printing equipment.

While the future of 3D printing – additive manufacturing – appears to be very bright, it will take quite a bit of time to see if Stratasys and 3D Systems eventually thrive, if not survive.

Wednesday, November 30, 2016

PlanGrid - now nearly 5 years old - impressive progress!

The very first post we did on the Reprographics 101 Blog about PlanGrid was on March 9, 2012, so, almost five years ago.  Here’s a link to that post:

Today, when one visits PlanGrid’s web-site, and looks at the “about us” information, one will notice this – very impressive – information:

After an initial seed rounding of funding amount to $1.1 million, PlanGrid completed two additional rounds of funding – raised $18 million in May 2015 (led by Sequoia Capital) – raised an additional $40 million in October 2015 (led by Tenaya Capital).  That’s some serious funding!

And, just as impressive, look at PlanGrid’s “outside board members”:

Carol Bartz – Former CEO of AutoDesk
Ben Boyer – Managing Director of Tenaya Capital
Douglas Leone – Managing Partner of Sequoia Capital
George Hu – Former COO of Salesforce.com

Tracy Young is one of the original founders of PlanGrid and she continues on in the CEO role.  Hat’s off to what looks like an extraordinary success, so far.