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Thursday, January 30, 2020

EPSON releases SMEs creating sustainable business in PH

01/22/2020 09:20:55 PM

For anyone in the business sector to flourish in today's competitive digital marketplace, companies must take importance in relying to innovative technologies. Specifically, for the country's small and medium-sized enterprises (SMEs), the present times will really serve as a challenge for them. 

In its recent press story, tech giant Epson waged a survey wherein 864 SMEs across six of the Association of Southeast Asian Nations (ASEAN’s) largest countries by GDP; and the said study found out 63 #percent of Filipino SMEs cited cost as the reason for not moving forward with updating existing technologies. 

With SMEs in the Philippines contributing approximately 35 percent to the country’s GDP it is vital for these businesses to be competitive in the regional and global markets. This means that business owners need to be building sustainable businesses that can adapt easily to change – from operations and environmental perspective.

SMEs employ about 70 percent of the workforce in and constitute 99.6 percent of all of its enterprises – making them the heart of the Philippines' economy today. With all of these hefty statistics at the helm, these firms are need to be empowered with the right tools to participate successfully in the emerging digital economy.

Companies are also becoming increasingly aware of the need to act sustainably, as this can create positive impacts among a lot of aspects such as company efficiency, brand value and reputation, growth, and stakeholder relations.

From an operations perspective, SMEs can benefit from the adoption of sustainable business practices through the means of reducing operating costs, such as power consumption, by selecting hardware that supports business objectives and streamlines energy use. Streamlining energy usage and reducing SMEs carbon footprint is an ideal way to lower operating costs in the long run and be better for the environment. 

For example, retailers can now deploy point-of-sale (POS) printers that connect easily with other technologies and make printing reliable and easy to use for business owners.  83 percent of Filipino respondents to our survey saw this connectivity as a key benefit.

Offices can also manage printing costs more sustainably with environmentally-friendly heat-free printers, and on-demand color label printers not only save cost but reduce wastage – a boon for SME food manufacturers chasing product sales. 

However, fostering digital transformation requires more than the adoption of new technologies. Today, this means creating environments where businesses can leverage innovation to deliver meaningful change that drives positive business outcomes. 

Now, what does sustainable business mean to Epson? The global tech company believes that a key area that sustainability can be addressed is through investments in new technologies that also have a reduced environmental impact. 

The company’s Environmental Vision 2050 establishes its goal thru providing products and services that contribute to the environment by making efficient use of energy and resources; as well as reducing the environmental impacts of production processes and customers’ business processes.

For SMEs, aligning in this vision means helping Epson tackle the next steps toward becoming a sustainable business. The company is committed to helping SMEs reduce their environmental impact by improving work processes with products and services. In fact, the living testament of this movement was the latest creation on revolutionizing the future of paper through PaperLab, the world’s first automated papermaking system.

All of Epson’s products embody sustainability principles in their design and construction, making our customers’ impact on the environment minimal. For example, our heat-free inkjet printers consume up to 85 percent less energy than a laser printer.

Check out the Epson's website in regards to their heat-free sustainable printing solutions

Author: slickmaster | © 2020 The SlickMaster's Files

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