Prinergy is alive and well and fully supported by Kodak.
Prinergy is alive and well and fully supported by Kodak.
To set the record straight: Prinergy is alive and well and fully supported by Kodak.
In fact, the company's commitment to KODAK PRINERGY Workflow Systems and to its entire Unified Workflow portfolio has never been stronger. We are committed to the success of our customers and to the continued successful development of our world-class Unified Workflow products and services, including Prinergy, Insite, Preps, ColorFlow, NewsManager, PowerPack and Color Servers.
So what's new? We have announced to employees that we will consolidate global product development for Unified Workflow at our site in Israel, and we will focus our customer technical support and marketing operations at our Vancouver site. We will maintain a world-class, innovative engineering team built around skilled developers, and efficient, effective processes that can drive forward our investment in PRINERGY Workflow and the full Unified Workflow portfolio. Kodak will be better positioned to generate long-term growth for our customers and for Kodak while maximizing our industry leading technology platforms.
This was a very difficult decision because it involves employment reductions. The decision was difficult and not in any way based on the performance of our employees in Vancouver, which has been excellent. It was simply based on an analysis of a number of factors, as well as synergies and support infrastructure at the respective sites, in concert with the anticipated future direction of the business. While this does involve reductions, please know that we will have substantial remaining operations in B.C., with more than 500 employees located here.
As you may know, earlier this year, Kodak formed a new business entity, called the Business Solutions and Services Group, to better deliver solutions in our digital world. The strategy behind the group is to enable customers to do more, increase efficiency and grow their businesses – print and enterprise – through offering integrated solutions, consultation and implementation services, enterprise marketing asset management and security, print workflow software, document capture software and hardware and overall service and support.
Our Unified Workflow strategy ensures that Kodak continues to support the traditional print space by delivering automation and integration for customers. We’re also accelerating developments in digital print workflows for hybrid and digital printing at the same time that we develop a new solution business in integration services, custom development and business transformation.
So that's the news about what has changed. I can assure, as I said at the outset, that one very important fact has not changed: Prinergy is alive and well and fully supported by Kodak.