We live in a world surrounded by digital technology, it has totally transformed the way we lead our lives. Today we go to digitally remastered surrounded sound, we watch movie at home on a digital video CD. And we listen to music on a digital technology. Technology has become such a part and parcel of our lives that it would difficult to envision a world without it.
Now it is a long time that we are using digital technology. Digital technology has also changed the way we conduct business. Today no office can afford to function without a computer, copier, printer and scanner etc. Gone are the days when typewriters used to adorn every office table. Today we find typewriters only in typing institutes. Gone are the days when only big companies could afford photocopiers, printers and projectors etc. Today office automation products like photocopiers, printers have become indispensable to every office.
Different types of financial institutions like banking, chit fund organizations and others who need to count money are using note-counting machines. Today's technology has changed almost all the activities, which were done manually earlier. Such a changing technological advancement and automation has made transactions simpler and faster. When activities manually done are automated it leads to a higher degree of specialization and a greater division of labor. Thus making the process of economic activity faster and also gives rise to a higher economic growth and thereby higher profits.
The World Wide Web (www) is opening up newer and faster avenues for conducting business. E-business and E-commerce are the order of the day. It is possible today for global companies to communicate to each other through teleconferencing. Transaction time and business is no-longer a barrier for conducting business. Never in the history of mankind office automation played such an important role in business activity.
[...] It's proven only life makes if a good value for money valuable. The product has been selling in market through methods of exchange ltd. The main feature of the products is. The world-renowned GND-200 desktop banknote counter bears glory's Quality for reliable and accurate counting. Its proven long life makes it good value for money machine. The GND-200 high performance banknote counter from glory has been developed by applying the expertise acquired through their long experience with vacuum feeding counters. [...]
[...] To find out current usage trends of different office automation products like photocopier, printers, scanner etc Scope Of the Study The market potential study of office automation products covers a range variables. This comprehensive study helps to analyzes the market for office automation products. It helps to understand the usage trends of existing office automation equipment and helps to find out wants and preferences of the buyers. Such a study forms the groundwork for future research. It will also help the organization to formulate the sales strategy based on the finding of the survey. [...]
[...] Source: Table No.10 Total Respondents : 175 Inference The Market research says that the future prospect of Methodex Intres Ltd.‘s product is FINDINGS OF THE STUDY From the analysis it is clear that 85% offices are using office automation product Copier and printer are most needed item for the offices 60%Office automation user are satisfied with their existing product It has observed that of the respondent prefers service and quality of finished product not the price It has observed that the references is most suitable and liable media to take purchase decision Most of the respondents willing to purchases the office automation product within 90 days Most of the copier customer prefer the brand moody because of good service It has observed that the most of the customer prefer the brand HP because of service is better comparatively to other brand As far as currency counting machine concern Infres is a popular brand Respondents of currency counting machine are satisfied with their existing product Fro the analysis it is clear that the user of scanner and document shredder are and respectively The future prospect of office automation product is Contribution of the study From the study the organization is able to know the present market potentiality of their existing products. [...]
[...] The topic of the project is a study on market potential for office automation products. The companies are selling office automation product in different market segments like Financial marketing Software, Cargo, Infrastructure sector etc .Its demand of the office automation product is different in different sector. The market demand for a product of a company depends on volume of the product that would be brought by different segments of market. With the price of the office automation products coming down with constant technological innovations the size of the market is increasing. [...]
[...] Market Update The office automation products continue to be a low penetrated segment with a nation wide market of and metro wise market penetration of about 10%. The annual penetration of automation product like photocopier, scanner, as of financial year 2000 was 1.5 million units whereas in countries like Korea, Japan us, it was about more than 2 million units. COMPANY PROFILE Methodex Infers LTD is a India based company engaged in serving the needs of consumer through the constant innovation and development. [...]
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