Canon buys 17% of IRIS group SA
Wednesday, September 2nd, 2009Vacation are great, but you sometimes miss important news like this one.
Canon recently announced the acquisition of 17% of IRIS group SA. IRIS is a well known player in Intelligent Document Recognition, but also to some extent in Entreprise Content Management. Canon and IRIS had started their relationship around IRIS’s latest scanning software suite, which is used for electronic archiving and compression.
This is another example of a traditional hardware (print and scan-) company moving into document management solutions, and enabling a tighter connection between their Multi-Function Devices / scanners and their customer’s paper-intensive workflows. The next logical step might be, just like Xerox Global Services, to strengthen its Services offering beyond simple Managed Print Services, into Pofessional Document and Business Process Services, including generic Imaging and Document Management Services, or more specialized services such as Client Acquisition and Lifecycle Management, Finance and Administration Services, or Mortgage Services.
It is interesting to compare with Océ, who moved the opposite direction by selling its Océ Document Technologies to Captaris about 1.5 years back.
So, which model is right – Océ moving away, or Xerox, and gradually Canon, moving into Document Management and Business Process Services? Time will tell – I have an idea, but I might be biased


