Pharos and CIO.com Podcast Exposes the Paper Chase

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Pharos Systems CEO Kevin Pickhardt and CXO Media Group Publisher Gary Beach teamed up to record a podcast identifying the six costs of print hidden throughout an enterprise, and how to expose and manage those costs at a considerable savings for companies. This podcast presentation follows Beach’s October 2005 CIO magazine column, “The Paper Chase,” which referenced Pharos Systems’ white paper on print costs and led to increased business and runaway popularity for Pharos Systems.

Pharos Systems CEO Kevin Pickhardt and CXO Media Group Publisher Gary Beach teamed up to record a podcast identifying the six costs of print hidden throughout an enterprise, and how to expose and manage those costs at a considerable savings for companies. This podcast presentation follows Beach’s October 2005 CIO magazine column, “The Paper Chase,” which referenced Pharos Systems’ white paper on print costs and led to increased business and runaway popularity for Pharos Systems.

According to Beach, requests from readers of CIO magazine (published by IDG’s CXO Media) for the Pharos Systems white paper, “Identify and Slash the Largest Hidden Expense in IT Today: Print Costs,” have surpassed all previous request totals for information mentioned in one of his columns. “Not a day goes by when I don’t receive at least one request from a reader who is anxious to learn more about the high costs associated with an unmanaged printing environment, and how they can turn those costs into savings. In my nine and a half years as publisher, I’ve never seen a demand like this before and the editorial was published more than five months ago.”

As a result of the white paper’s popularity with CIO’s educated readership, Kevin Pickhardt and Gary Beach recorded a podcast providing listeners with further details about the “elusive” paper chase.

Pickhardt explains in the podcast that CIOs are under constant pressure to reduce IT costs. Printing and copying are unmanaged by most IT departments, as many assets “fly under the procurement radar” and are acquired outside of a company’s central purchasing department. And printing costs are often hidden across an enterprise as well, lurking in such areas as cheap-to-buy yet expensive-to-run desktop printers, unmanaged user printing, and a lack of standardized equipment. Combined with the fact that most organizations spend $750 to $1,000 per employee per year on printing and copying, resulting in expenses totaling 1 to 3% of revenue, this unmanaged business expense is costing large enterprises millions of dollars a year.

Says Pickhardt, “We know of no other cost-savings opportunity that offers as simple an implementation, with as big a return on investment (ROI) as Enterprise Print Asset Management. With no user training, little-to-no impact on operations, an ROI of three-to-six months, and an overall savings of 25-40%, companies will finally have the facts they need to make sound business decisions on their printing environments.”

An Enterprise Print Asset Management system from Pharos Systems provides a blueprint of a customer’s printing environment by tracking every user print job, the devices on which those jobs are printed, and what printing on those devices is costing the company. This data is compiled into reports for further analysis, so customers have fact-based details on which to base their management and cost-savings decisions.

The final podcast recording is available at http://www.cio.com/podcasts/authors/beach_paperchase.mp3. Gary Beach’s October 2005 CIO magazine column, “The Paper Chase,” is available at http://www.cio.com/archive/100105/publisher.html.

To explore the opportunity that exists for companies to save a considerable amount of money with a Pharos Enterprise Print Asset Management system, head to http://www.pharos.com and click on the link under “Download The Referenced White Paper.”

About Pharos Systems International, Inc:

Pharos Systems International, Inc is the recognized industry leader in providing print asset management and cost-recovery solutions to both corporate office and higher education environments. With over a decade of experience, we help customers track, measure, and control their print assets to reduce waste, optimize performance, guide the purchase of new devices, including multifunction printers, and make the most of existing ones. As a result, over a thousand companies in 22 countries are currently benefiting from optimized printing environments, and are experiencing significant expense reduction. Visit Pharos Systems on the web at http://www.pharos.com.

About CIO Magazine:

Launched in 1987, CIO magazine addresses issues vital to the success of chief information officers (CIOs) worldwide. The CIO portfolio includes a companion website (http://www.CIO.com), CIO Executive Programs and the CIO Executive Council. CIO properties provide technology and business leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. The U.S. edition of the magazine and website are recipients of 140 awards to date, including two Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO magazine is published in more than a dozen countries, including Australia, Canada, China, France and Germany. CIO Executive Programs—a series of face-to-face conferences including CIO Perspectives and the CIO 100 Awards provide educational and networking opportunities for pre-qualified corporate and government leaders. The CIO Executive Council is a professional organization of CIOs created to achieve lasting change in critical industry, academic, media and governmental groups. CIO magazine, CIO.com, CIO Executive Programs and the CIO Executive Council are produced by International Data Group’s award-winning business unit: CXO Media Inc.

Media Contacts:

Kristi Gaylord

Creative Marketing Manager

Pharos Systems

585-249-8978

kgaylord @ pharos.com

Karen Fogerty

Director of External Relations

CIO Executive Council

Office: 508.935.4091

Mobile: 508.254.9285

fogerty @ cxo.com

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