Notable Solutions, Inc., (NSi) announced today that effective immediately the Company has acquired the Enterprise Output Management (EOM) business and operations from Barr Systems, LLC. Barr´s EOM software is a leading solution for enterprise output management, providing proven secure print delivery and cost management capabilities to key vertical industries, including state and local governments, financial services and healthcare organizations.
With this acquisition, NSi expands its addressable market by meeting customer demands for the real-time transformation of data streams from legacy mainframe and ERP systems into contemporary line of business applications. Furthermore, the combined solution adds to NSi´s existing secure document capture and print offerings with enhanced mobile printing and centralized print cost management capabilities.
"This is another major step in the continued expansion of NSi´s Secure Information Exchange Platform to provide the most comprehensive and competitive portfolio in the industry," said Mehdi Tehranchi, CEO of NSi. "Our solutions initially met the needs of our customer´s paper-based workflows and have since expanded to accommodate electronic documents, office productivity, and mobile workforces. With today´s announcement, NSi further expands our ability to deliver a broader information exchange platform across organizations within an enterprise. Whether the information originates on a mobile device, mainframe, desktop or even an office MFP, NSi´s Secure Information Exchange Platform accelerates the secure delivery of information between virtually any application or device, helping customers improve decision-making, mitigate risks, meet regulatory requirements and lower operating costs."
As part of the acquisition, Barr´s CEO, Gabriel Schwartzman, has become Vice President of Output Management at NSi. "With this acquisition, we have a unique opportunity to truly redefine the industry," said Schwartzman. "Together, we remain committed to supporting Barr´s EOM installed base with an expanded solutions portfolio and leading-edge innovations which will yield even greater cost savings and enhanced efficiencies for our customers."
Benefits for Existing NSi AutoStore Customers ?? NSi customers will benefit from the Company´s enhanced print management solution which will integrate user access control, cost management and reporting capabilities. Specifically, the existing NSi channel can offer customers:
- A managed print services offering fulfilled by an enterprise ready rules-based printing, cost management and access control suite;
- A mobile printing solution which includes secure mobile pull print and a secure mobile print submission;
- MFP/Printer fleet monitoring and print control capabilities; and
- Output reporting.
Complementary Vertical Markets ?? NSi and Barr have a complementary customer base, with more than half of Barr´s installed base representing the same key vertical market segments NSi sells into today, including insurance, financial services, and state and local government agencies.
Strong Channel and Vendor Partnerships ?? The EOM product acquired is sold through similar sales channels as NSi products today which include Konica Minolta, Ricoh, Xerox, and others. With this acquisition, NSi´s channel partners will be able to offer a fully integrated portfolio for secure office and production output management; providing customers with centralized management and continuity of operations across the enterprise. NSi will continue to support third-party print and user authentication solutions from partners such as Equitrac, YSoft and others.
Benefits of a Consolidated Platform ?? Barr´s Enterprise Output Management solution complements NSi´s strengths in secure print and electronic document capture and the secure exchange of business information in the office environment.
For example, as a government entity in Virginia, Fairfax County´s primary mission is to swiftly and cost-effectively provide necessary services to its constituents. The need to create a secure document processing environment for more than 15,000 end users is what first drove David Foechterle, Fairfax County Customer Service Manager for the Department of Information Technology, to Notable Solutions. Now, more than 55 agencies, departments and programs are using NSi TM AutoStore® to significantly increase security, reduce costs and speed-up document delivery.
"Incorporating output management into our broader capture strategy would allow us to transform information from our legacy mainframe systems into documents that agency leaders can actually use for faster decision-making. This is very compelling as it would ultimately help us to fulfill our mission and best serve the citizens of Fairfax County," said Foechterle. "What´s more, the ability to consolidate the office and production printing services of the County to a centralized system, would significantly reduce costs and improve our operational efficiency while more effectively delivering information to our constituents."
As a result of this acquisition, NSi will open a new office in Gainesville, Florida where it will operate as the Company´s Output Management Center of Excellence.
