Epson appoints two new European executives in growth plan to deliver €2 billion sales in 2020:
Epson Europe, a global innovation leader in printing, visual communications, wearable devices and robotics today announced two senior executive appointments as part of its drive for growth and multi-million euro investment programme in Europe.
Ernest Quingles, managing director for Epson France, Spain and Portugal will take on a new role as director responsible for business sales across Europe; and Darren Phelps, has been appointed executive director responsible for Epson’s Business Imaging and Print division for EMEAR.
The appointments take place as Epson progresses to the next phase of a €50 Million investment programme in Europe (focused on infrastructure, IT, marketing and workforce expansion) aimed at delivering €2 billion sales in 2020 and increasing the European workforce by 10 per cent.
“I am pleased to announce that Ernest Quingles will now lead the sales effort within Europe,” commented Rob Clark, senior vice president, Epson Europe. “Ernest is a strong sales leader who has been a successful member of Epson Europe’s senior management team for over two years where he has helped deliver impressive sales growth in France, Spain and Portugal.
“Darren Phelps has extensive experience developing new channels to market and has proved highly effective in his previous role as Epson's European head of reseller sales. Darren is tasked with managing Epson’s Business Imaging and Print operations where he will work closely with Ernest to develop our go-to-market strategy and implement new channel programmes tailored to meet our customers’ needs across Europe."
“Business inkjet printing is the big growth opportunity for Epson in Europe,” continued Clark. “Companies making the switch from laser to inkjet printers realise they can achieve significant competitive advantages including energy savings of up to 96%, CO2 emission reductions of 92% and waste reductions of 95%1.”
As more and more organisations make the switch from laser to inkjet print technology, Epson is perfectly placed to meet the massive increase in demand. Epson has invested 400 million euros in new inkjet production facilities and will invest a further 185 million euros in its PrecisionCore inkjet technology over the next three years. Its compact, high speed, energy-efficient inkjet technology is well suited to large corporate needs and sectors such as retail, healthcare, education and public administration.
Industry research firm IDC reported that business inkjet printing represents a €38 billion* market opportunity in Europe, and the overall business inkjet market will grow at a rate of 10.2% (CAGR) up to and including 2020.
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About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.