WeP Solutions Ltd was started as a public limited
company in March 1995 under the name of Datanet Corporation Ltd. It was later
renamed as WeP Solutions Ltd . The company came out with a successful
IPO in the year 2000. The shares of the company are listed with Bombay Stock
Exchange Limited, Mumbai.
During the year 2010-11, the company entered into a scheme of
arrangement to acquire the Managed Print Services(MPS) division of M/s WeP
Solutions India Limited which after due process was approved by the Hon'ble
High Court of Karnataka.
MPS being the next level opportunity of the printing and imaging
industry culminates the printing/ copying /scanning requirements of
organizations. The MPS market is still under explored in India. despite India
being one of the fastest growing world markets in the sector The post impact of
economic downturn in India made most organizations to re-think their cost.MPS
became an attractive proposal because it offered to lower costs while enabling
businesses to focus on their core tasks. The majority of MPS commitments come
from mid – market to enterprise level of accounts.However small and medium
enterprises are also opening towards the innovative ideas of cost reduction and
are now considered a potential market in India for MPS.
Some of the major sectors understanding the benefits of MPS are
Education, BFSI, Manufacturing Health care and IT;most of MPS tie-ups are with
local branches of multinational organizations or rapidly emergent national
firms. The future for MPS is promising with high prospects of the service
becoming assimilated with mainstream practices of most enterprises.
With Managed Printing Solutions, WeP solutions helps the organizations in:
Reducing cost associated with printing and copying
Reducing staff time related to managing and supporting
Improving the level of support to end users
Focusing on other business priorities
Contributing to environmental objectives