Xerox has again retained the top position in worldwide managed print services (MPS), according to the latest market landscape report by analyst research group Quocirca. The 2015 rankings mark Xerox’s sixth consecutive year as the leader.

Xerox helps companies optimize their printing infrastructure with MPS, and streamlines their communication and business processes to grow revenue, reduce costs and operate more efficiently. Through Xerox managed print services, businesses can outsource print management and cut costs by as much as 30%.

“As the authorized local distributor for Xerox Products in Barbados, we are thrilled to know we have retained leadership in MPS globally,” stated General Manager of PBS Barbados – Elvin Nash.

“Xerox is well-established within the MPS market – proven again by its sixth year leading the pack,” said Louella Fernandes, associate director at Quocirca. “Besides its continually strong MPS portfolio, Xerox’s strategy to reposition itself as a services company remains a key differentiator to its offering. By taking a more vertical industry approach – as we have seen – Xerox’s new industry alignment will be critical to its continued success in this space. At present, the company is well-positioned to capture even greater mindshare as enterprises look to more business process centric MPS engagements in future.”

The report, which offers an independent evaluation of eight providers, also sheds light on key MPS drivers. With security concerns rising to the top of the agenda for the first time, three quarters (75%) of organizations surveyed indicated that the need for secure print solutions was an important or very important consideration in MPS decision making.

The document management market is estimated at approximately $100 billion and is comprised of the systems, software, solutions and services that Xerox customers have relied on for years to help run their businesses and reduce their costs.