๐Ÿข The Office Exodus: What Does It Mean for Copiers? ๐Ÿข

matt-artz-NP4mDCN0PIU-unsplash

When offices shrink, where do the copiers go?

Is the traditional office going the way of the dodo? According to a Knight Frank survey, about half of large multinationals are planning to cut office space by 10 to 20% in the next three years. “Better but less space is probably the strap line for the larger organizations,” says Lee Elliott, a commercial real estate expert at Knight Frank.

This downsizing trend has significant implications for the managed print services industry. With less office space, the demand for large-scale copier setups could decline, pushing the industry to innovate and adapt.

Better but less space is probably the strap line for the larger organizations.

The survey also found that 56% of companies are opting for a hybrid work model, which could mean a shift in how copiers and printers are utilized, possibly leaning more towards decentralized, smaller units that cater to flexible work environments.

๐Ÿ”— Read the full article here

Greg Walters, Head Writer