Coopetition – Canon and HP expands alliance

I have been hearing the word “coopetition” for a long time. Coopetition is a portmanteu between “cooperation” and “competition”. All the while I thought this is just a word for press release. How can two companies compete and cooperate at the same time? It’s impossible I said.

But nothing is really impossible in this world.

Canon Inc. and HP announced an expanded alliance to jointly market and distribute a new range of multifunction office systems that unite the best of both companies: Canon’s leading multifunction devices and HP’s enterprise printing and imaging assets.

The alliance builds on an established relationship between Canon and HP, and positions the companies to offer customers a new class of web-enabled solutions that combine Canon’s superior multifunction device processing and imaging systems with HP’s leading device manageability, IT integration and office workflow capabilities.

With the broader range of software and service offerings supported by EDS, an HP company, along with Managed Print Services from HP and Canon’s global Services and Support offerings, enterprise customers now have access to one of the most complete offerings in the industry, delivering improved efficiencies and greater cost savings.

This alliance includes current and future product portfolios from both companies, providing customers greater fleet compatibility across their entire office printing infrastructures.

Canon and HP also will benefit from access to each other’s management and third-party development software portfolios, including Canon imageWARE Enterprise Management Console and Canon MEAP as well as HP Web Jetadmin and the HP Open Extensibility Platform. The expanded portfolio of products and services is expected to be available to customers in North America and Europe, as well as global customers from these regions.

With this kind of alliance, I believe the industry is really on its way to growth recovery. God Bless us all!

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