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Ricoh Europe Implements Measures for Accelerated Transformation and Growth

Publisher IDC
Published Aug 18, 2025
Length 11 Pages
SKU # IDC20329104

Description

This IDC Market Perspective reviews Ricoh’s FY24 financial results and performance against strategic goals, as well as assesses the impact of recent major announcements on Ricoh’s European business. It updates Ricoh Aligns European Initiatives to Corporate Strategy for Value Improvement (IDC #EUR152728624, November 2024).“Ricoh working to boost its profitability through accelerated sales growth and continually improving its operational efficiency as the market evolves, subject to increasing disruptive global factors,” said Jacqui Hendriks, associate research director, European Print Vendor Transformation Strategies, IDC. “Ricoh’s recent European announcements mark a rebalancing of internal and external resources as well as talent, setting the groundwork for building momentum. However, Ricoh must more easily facilitate leveraging synergies across its operating companies and acquired companies, having fallen short of corporate targets.”

Table of Contents

11 Pages

Executive Snapshot

New Market Developments and Dynamics

Corporate Value Improvement Project Update

FY24: Challenges in Balancing Transformation with Healthy Financial Performance

Focus on Europe

New Channel Partner Program and ServiceNow Alliance Set to Transform Ricoh in Europe

Ricoh Europe Set to Launch Channel Program

Ricoh Europe’s Strategic Alliance with ServiceNow to Provide an AI-Enabled Seamless Customer/Employee Experience

Business Outlook

Advice for RICOH

Learn More

Related Research

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