Ricoh Invests in Avanti Computer Systems

Ricoh announced its multimillion dollar investment in Avanti Computer Systems Limited™.  Avanti, located in Toronto, Canada, is a leading provider of Print Management Information Systems (MIS) solutions for the print industry. It provides Print MIS software to help commercial and in-plant printers streamline their workflow.

Ricoh said it made this strategic investment to expand its reach across the print industry to ensure customers have critical information they need. Also, Avanti’s major technologies are uniquely positioned to complement Ricoh’s offerings with advanced solutions for mixed environments with wide format, digital cut sheet, continuous forms, offset, and fulfillment and kitting operations. (“Kitting” may be defined as the process of assembling separate, but related, components into “kits” and packaging them for sale as a bundle.)

Yasuhiko Hosoe, Associate Director and Deputy General Manager, Ricoh Production Printing Business Group, Ricoh, said, “Avanti’s Print MIS capability is a perfect complement to our portfolio. In the same way we automate print workflow, Avanti automates the printer’s back office systems: inventory management, job pricing, estimating, and billing. The investment also speaks to our “imagine.change.” initiative—by enabling commercial and in-plant printers to streamline their businesses and seek efficiencies to lower costs, and improve their bottom line. This strategic move, like our investment in PTI, further demonstrates our commitment to help companies imagine the changes that they can make to automate and improve their businesses, and most importantly, their customers’ experiences.”

Patrick Bolan, President and CEO of Avanti also gave his comments on this investment, “At Avanti, our priority has always been to invest in our people and our technology, which in turn, provides our customers with innovative, effective and award-winning software solutions. This strategic investment by Ricoh means that we can accelerate product development and expand into new markets, and most importantly, ensure that both current and future customers have options when choosing a Print MIS system.”

Ricoh previously invested in PTI Marketing Technologies™ and continues to make these investments to further enhance the development of new management tools to help enterprises and commercial printers become more efficient and grow.