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By Editor Morten B. Reitoft 

Just a few weeks ago, only a few people knew that EFI was about to sell its software division to STG - and I believe, though it was published last week, it still came as a surprise to many of the attendees at Connect 2022. I deliberately write Connect 2022 and not EFI Connect, which more people probably recognize - but the reason is apparent. EFI and eProductivity Software is now two entities. Though all we spoke to find the split natural and a logical consequence of focus, it's also apparent that the two companies in the future will seek two very different identities.

The eProductivity Software story is already narrated, and many of the former EFI, now eProductivity Software employees, talk about being a startup company with customers, employees, and, more importantly, money. The story is good, and though the public, customers, and many employees only got this information shortly before Connect 2022, both EFI and eProductivity Software seems very pleased with the split.

One of the 'chapters' in the story is investing in modernizing and updating the software portfolio. According to some people at Connect 2022, some believe the software division has 'suffered' under heavy investments in hardware - hint left a bit behind the market needs. Now eProductivity Software can focus on updating the UI, UX, APIs, and why the former EFI software portfolio continues to be important - will revert to that in a moment. Part of the storytelling is also that the new owner is ready to spend money on the company, and on LinkedIn, you already see open job positions - so all good!

With its Fiery business, EFI has a strong position in the market. In the 'Conversations,' my colleague Robert Godwin had with COO Fiery Business Toby Weiss, he talked about substantial opportunities for Fiery. With a considerable market share, a significant portfolio of solutions, and an increased focus on digital in the global print market - maybe they can just 'pick up' the growth delivered by all the trends that drive productions towards digital?

For the company's inkjet/large format products, the market seems to continue growing as everybody talks about print-on-anything. EFI positions both hardware and the needed software to that new future. A new future that Marco Boer, by the way, spoke with Jeff Jacobson about during Jacobson's keynote. We also talked to Boer about trends - you can see the interview here. I am not 100% sure about the competitive situation in this market. Still, with an increased focus on a more narrow product offering, I am confident that EFI will continue to grow market shares.

Mergers and acquisitions create a new dynamic that can create more value if handled by the right people, for shareholders and customers. eProductivity Software is the new name to remember, and my first thought is how long the name is. eProductivity already shortened the company name to EPS - but hey, in our industry, that refers to Encapsulated PostScript, and maybe also resembles too much EFI - or is that just me? The opportunity for eProductivity Software is HUGE. I interviewed VP Nick Benkovich and couldn't help talking about the extremely small market penetration the new company maybe have? Almost every digital printer uses Fiery - that isn't the same for the eProductivity Software portfolio. Therefore, the opportunities are vast, but they require a strong focus on sales, marketing, and communication. Now eProductivity Software is no longer part of a company that for years has been a synonym for high quality, a broad range of services - but also for being a bit difficult to access.

When I look at the products offered by eProductivity Software, it continues to surprise the range of products they offer - and unfortunately for me - I don't know of? The communication task, in my opinion, is gigantic, and maybe it will require eProductivity Software also to review how many products- and services they CAN offer - and to what segments? Just arguing with myself over this :-)

At the press conference during #Connect2022, I realized a much deeper integration between the various offered solutions. Gabby and Benkovich were well-prepared in how they see the market and what they can offer - but if customers aren't aware, it again comes down to marketing, sales, and all the things that can bring that knowledge to the market.

I am, of course, excited to see how they will manage - it's not a small task!

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