Kofax Ranked #1 in Worldwide Print Management 2019 Market Share

IRVINE, Calif.–(BUSINESS WIRE)–Kofax®, a leading supplier of Intelligent Automation software for digital workflow transformation, today announces it ranked No. 1 in the IDC Worldwide and U.S. Device and Print Management Market Shares, 2019: Shift to Cloud Continues to Drive Growth (Doc # US45237520, June 2020) report. Delivering the leading content-aware software for print, capture and output management on MFDs, Kofax ControlSuite enables digital workflow transformation and enhances document security.

“Organizations leading the digital transformation race are eliminating silos to enable end-to-end automation at scale. Streamlining print management workflows is integral to broader automation initiatives and increasingly important today as cost-cutting initiatives seek to eliminate waste in fleet management,” says Allison Correia, Research Manager, Imaging, Printing and Document Solutions at IDC. “Kofax’s leading market share position, with its ControlSuite offering, a transformation-ready capture and print management solution, delivers a unified and consistent user experience across any combination of devices and systems – and from any location.”

The IDC report shows vendor market shares for device and print management in 2019. With 14.4 percent worldwide market share, Kofax enjoys almost a 50 percent greater market share than the next competitor.

According to the IDC report, security continues to be at the forefront for organizations with growing visibility of print security due to the inherent vulnerabilities associated with print infrastructure. ControlSuite tracks all print and capture activity using advanced information protection including watermarking and redaction, as well as maintaining a chain of custody.

“In the report, IDC notes the market is migrating toward single integrated architecture platforms providing a seamless approach to managing and securing content,” says Chris Huff, Chief Strategy Officer at Kofax. “We’ve earned our leadership position by committing to a customer-first and innovative culture that has resulted in ControlSuite delivering a truly unique unified print and capture solution that sets a new bar for the print management market. ControlSuite transforms document security and workflow by simplifying governance and management of content through multifunction device fleets, mobile and desktop devices, email, and print streams.”

About Kofax

Kofax enables organizations to Work Like Tomorrow™—today. Kofax’s Intelligent Automation software platform helps organizations transform information-intensive business processes, reduce manual work and errors, minimize costs, and improve customer engagement. We combine RPA, cognitive capture, process orchestration, mobility and engagement, and analytics to ease implementations and deliver dramatic results that mitigate compliance risk and increase competitiveness, growth and profitability. For more information, visit kofax.com.

© 2020 Kofax, Inc. Kofax is a registered trademark of Kofax Limited.