Canon U.S.A. announces new Solutions Company

With an initial focus on accelerating the growth of existing Canon office solutions, including Business Process Optimization, Security Services and Imaging & Records Management Services, the new company will allow Canon to build out its business solutions infrastructure to specifically deliver solutions comprised of software, middleware and services. Additionally, the new company will be strategically focused to deliver a number of solutions in the area of Enterprise Resource Planning (ERP) as well as leverage Canon’s cloud computing technologies. Canon Information and Imaging Solutions will be well positioned to fully realize the market potential of Canon’s innovative cross media imaging solutions, as demonstrated at Canon’s 2010 Canon Expo in New York.

With an eye toward long-term future growth, Canon Information and Imaging Solutions will look for growth opportunities in previously untapped markets for Canon such as IT services and healthcare applications through emerging Canon technology and alliances with leading third-party technology providers.

Canon Information and Imaging Solutions will leverage Canon’s existing channels of distribution. For select technologies and services, the new company will also drive its own direct-selling efforts and will actively pursue new partnerships with system integrators.

Through organic and other growth initiatives, Canon is targeting the company to exceed $500 million in sales by 2014.