Y Soft Demonstrates Strong Fiscal Year Growth in 2017

Sydney, Australia –  Y Soft® Corporation, a leading enterprise office solution provider, released an update to its fiscal year statistics demonstrating strong growth and setting the stage for continued innovation in enterprise workflow solutions.

Highlights from the summary issued by Y Soft include:

  • An increase in customers from 14,000 to more than 15,000 demonstrating strong enterprise demand for the YSoft SafeQ® workflow solutions platform. The numbers also indicate an increase in the number of Global Fortune 500 customers who use YSoft SafeQ – 31 percent in 2017 compared to 23 percent reported in 2016.
  • Significant changes in regional revenue indicate that the North America/Latin America (NALA) and Asia Pacific (APAC) regions grew the largest in the fiscal year now representing 14 percent and 12 percent of the company’s revenue respectively. The percentage of customers for NALA increased from 4 percent in FY2016 to 10% in FY2017.
  • Introduced in October 2016, Y Soft’s Global Operational Excellence® (GOE) Framework, a proven set of processes and tools that simplifies the smooth deployment of YSoft SafeQ for global customers demonstrated Y Soft’s ability to manage large, global installations faster and saved, on average, 27 percent of time in the total sales cycle from first customer contact to installation. The average number of devices in installations using the Framework was 350.

With the opening of an additional R&D office, establishing a new sales/support office and a new channel partner in China and expanding its testing and manufacturing facility to a stand-alone, larger building,

Y Soft boosted its capabilities and continues to innovate to meet customer demand.

“Integrated enterprise workflow solutions are at an inflection point as organisations look at digital transformation, security of IoT-based printers and flexible, low-cost IT infrastructures,” said Václav Muchna, CEO and co-founder, Y Soft Corp. “With our platform solution approach, strength in hardware development, a SaaS business model and our deep roots in IT deployments, our ability to meet and exceed customer and partner needs are greater than ever.”

“Security, IoT and “as-a-service” models are changing the value proposition in today’s digital workplace. Solutions providers that are adapting their solutions and products to address the technology  needs of today’s more demanding customers will be best positioned for success in the rapidly changing IT landscape,” noted Louella Fernandes, Principal Analyst, Quocirca.

In an infographic released today, these highlights and other details are visually shown.

About Y Soft

Y Soft provides intelligent enterprise office solutions that help build smart business. Our YSoft SafeQ workflow solutions platform is used by corporations and SMB organizations to manage, optimize and secure their print and digital processes and workflows. Our 3D print solutions are focused in the Education sector where they provide unique workflow and cost recovery benefits.

Founded in 2000, the company is headquartered in Brno, Czech Republic, with offices in North and Latin America, Europe, Middle East/Africa (EMEA) and the Asia Pacific region (APAC). For more information, please visit www.ysoft.com.

Y Soft to expand and open new manufacturing facility

Larger capacity strengthens Y Soft’s business growth, future proofs hardware innovation and supports IoT related products from its Y Soft Venture portfolio companies

Sydney, Australia Y Soft, a leading enterprise workflow solution provider, has announced that it will move its production facility from its headquarters building in Brno, to a nearby, larger facility in the Brno Technology Park. The new, expanded facility will enable increased manufacturing capacity and high quality production infrastructure to support the company’s current increased growth and its future plans. The larger facility also helps Y Soft support the manufacturing of IoT related products from its Y Soft Venture’s portfolio companies.

Y Soft manufactures complementary hardware solutions for its YSoft SafeQ Enterprise Workflow Solution Platform. In the last year, demand for these hardware solutions has increased by more than 21 per cent. In particular, demand for its USB Card readers has been significant.

Additionally, a differentiating strength of Y Soft Ventures is to provide manufacturing, distribution and logistics know-how to its portfolio companies who have IoT-related products. These companies use Y Soft facilities and infrastructure to cost-effectively manufacture their products.

The new manufacturing facility is 1,200 square metres, three times larger than the current production area in the headquarters office. The new facility is situated near the company headquarters building ensuring that R&D and design teams can continue to closely collaborate with manufacturing personnel. The teams in ordering and logistics will also move to the new facility.

“As a strategic differentiator, Y Soft has always manufactured our own hardware to ensure quality and compatibility with our software solutions. With this long-term strategy commitment, increased demand and to future proof our ability to innovate on hardware solutions, we needed to secure additional capacity and capabilities,” said Vaclav Muchna, CEO and co-founder, Y Soft.

The new facility offered an opportunity for the most modern manufacturing machinery and enhanced technology for continual improvement. The production line will be 7 -10 times faster and each individual manufacturing machine will be connected to a central database so that data from all phases of production for every single product unit can be recorded and analysed.

“For example, we will be able to monitor and analyze the historical production data of every part of a printed circuit board at very detailed levels to seek ways to improve quality and manufacturing efficiency,” says Marcel Fejtek, COO and Head of Manufacturing, Y Soft.

The company plans to be fully operational in the new facility by the end of October. An official opening event will be held in early November where local city dignitaries, community leaders, and other interested parties can tour the facility and learn more about Y Soft’s manufacturing capabilities.

About Y Soft

Y Soft provides intelligent enterprise office solutions that help build smart business. Our YSoft SafeQ workflow solutions platform is used by corporations and SMB organizations to manage, optimise and secure their print and digital processes and workflows. Our 3D print solutions are focused in the Education sector where they provide unique workflow and cost recovery benefits.

Founded in 2000, the company is headquartered in Brno, Czech Republic, with offices in North and Latin America, Europe, Middle East/Africa (EMEA) and the Asia Pacific region (APAC). For more information, please visit www.ysoft.com.

Y Soft hardware solutions generally available for YSoft SafeQ Workflow Solutions Platform

YSoft LogoY Soft, a leading enterprise office solutions provider, has globally released new hardware solutions for its YSoft SafeQ Workflow Solutions Platform. The two hardware solutions, YSoft SafeQube 2 and YSoft Terminal Pro 4, are designed to reduce costs in an organisation’s print and digital transformation infrastructure.

Earlier this year, Y Soft announced a major update to YSoft SafeQ Workflow Solutions Platform. Now as a platform, customers can implement features and modules needed today and easily add additional features and modules using the same underlying framework and architecture, including print management and cost recovery for 3D printers.

YSoft SafeQ’s platform architecture also extended the company’s commitment to YSoft SafeQ’s core benefits: reducing print costs, increasing document security and improving employee productivity through custom document capture and automated workflows.

With the release of new hardware solutions for YSoft SafeQ, organisations have additional options to further reduce print and digital transformation infrastructure costs and extend the investment in their current fleet of multifunctional devices (MFDs). The latest hardware solutions that are now globally available provide the following:

– YSoft SafeQube 2. Expensive servers often drive the high cost of print services. By using SafeQube 2, a lightweight appliance, typically 2-4 times fewer servers can be used to support print services[1]. When used with Client Based Print Roaming® (CBPR), a software module in YSoft SafeQ, SafeQube 2 serves as a local connection point for the MFD’s user interface, to perform authentication tasks and data collection for reducing hardware costs.

– YSoft Terminal Pro 4. While SafeQ is embedded into the MFDs of the world’s most popular brands, Terminal Pro 4’s large, 7-inch capacitive touch screen provides a consistent user interface when an organisation has multiple MFD brands or when the printer doesn’t support an embedded solution.

– The Terminal Pro 4 is also the user interface panel in YSoft’s family of 3D printers, YSoft be3D DeeRed and YSoft be3D eDee.

Y Soft ensures compatibility of its software and hardware with the major MFD brands from our partners and some MFD partners require formal certification processes. YSoft SafeQ Workflow Solutions Platform received two certifications. They are:

– bEST certification from Konica Minolta. The bEST certification approves YSoft SafeQ for Konica Minolta’s portfolio of MFDs.

– Ricoh certification of YSoft SafeQ integration with Ricoh’s portfolio of MFDs.

“Research shows that a complete solution is more cost-effective than cobbling a solution together from various sources,” said Václav Muchna, Y Soft CEO and co-founder[2]. “We take pride in designing, manufacturing and testing our own hardware and software to work seamlessly with the MFDs we support.”

About Y Soft

Y Soft provides intelligent enterprise office solutions that help build smart business. Our YSoft SafeQ workflow solutions platform is used by corporations and SMB organisations to manage, optimize and secure their print and digital processes and workflows. Our family of 3D printers provide easy-to-use, high quality and reliable solutions for education and manufacturing.

Founded in 2000, the company is headquartered in Brno, Czech Republic, with offices in North and Latin America, Europe, Middle East/Africa (EMEA) and the Asia Pacific region (APAC). For more information, please visit www.ysoft.com.

1 Results will vary depending on the print volume of the organisation, number of users and devices used

2 Nemertes DN4746 Re-Architecting the Enterprise: The Time is Now, 2015

YSoft SafeQ workflow solutions platform and YSoft be3D eDee now generally available

YSoft LogoY Soft, a leading enterprise office solutions provider, has announced the general availability of the YSoft SafeQ workflow solutions platform and YSoft be3D eDee, the industry’s first 3D printer with print management. The latest version of YSoft SafeQ is now an integrated platform offering print management, document capture and 3D print management for reducing costs, improving productivity, and increasing document and object security.

Since announcing the YSoft SafeQ workflow solutions platform and YSoft be3D eDee in mid-March this year, partners and customers have been using the two new solutions via the company’s Early Access Release program. Now released globally, all customers can take advantage of these new capabilities:

– Document capture with automated workflows – while organisations have been enjoying the benefits of centralised print management, a need existed for integrating automated workflow solutions with centralised print management. With this integration, IT organisations can provide cost savings, productivity improvements and document security from one single application.
Sixty-seven per cent of YSoft partners and customers who participated in the Early Access Release of YSoft SafeQ indicated that the integrated automated workflow was the most anticipated new feature of YSoft SafeQ.

– Client Based Print Roaming (CBPR) – an expansion on YSoft SafeQ’s Print Roaming feature, CBPR lets complex tasks associated with printing be performed on the client workstation. This means fewer and less expensive servers are needed to support existing users and can easily scale for new users.

– Multitenancy – uses the shared economy concept, letting print service providers manage multiple customers using one instance of YSoft SafeQ, where total costs for hardware and software are shared amongst several companies.

– YSoft SafeQ Mobile Terminal – a mobile app that can be used with any multifunction device and is also a cost saving choice for devices without an embedded terminal option.

– YSoft be3D eDee, the first 3D print solution that integrates a 3D printer with YSoft SafeQ, offering comprehensive print management and accounting system designed for the Education market.

– YSoft USB Card Reader 3 is the newest and smallest card reader offering a popular way to access YSoft SafeQ functionality embedded in the major brands of multifunction devices. The card reader allows users to swipe their identification card on the reader to quickly and easily authenticate their access to the print device.

IDC notes the importance of document capture and automated workflow in a recent IDC PlanScape, “The opportunity to digitise, automate, and optimise document-intensive workflows is an area that is frequently overlooked by business leaders but is one that can provide both tactical and strategic advantages for organisations,” says Holly Muscolino, research vice president, Imaging, Printing, and Document Solutions.[1]

IDC also commented on the YSoft be3D eDee solution, “IDC believes this announcement demonstrates the changing needs for management of 3D printers, especially as they enter heavily controlled 2D printing environments. eDee represents a way in which the company can help address the demands of accelerator technology by leveraging the knowledge gained from the traditional hardcopy market.”[2]

“We are inspired by the feedback we received in developing YSoft SafeQ as a platform and in introducing the industry’s first print management solution for 3D printers,” said Václav Muchna, Y Soft CEO and co-founder. “It speaks to the need organisations have for enterprise office workflow solutions that help IT bring value not only in keeping costs in check but in improving productivity.”

About Y Soft

Y Soft provides intelligent enterprise office solutions that help build smart business. Our YSoft SafeQ workflow solutions platform is used by corporations and SMB organisations to manage, optimise and secure their print and digital processes and workflows. Our family of 3D printers provide easy-to-use, high quality and reliable solutions for education and manufacturing.

Founded in 2000, the company is headquartered in Brno, Czech Republic, with offices in North and Latin America, Europe, Middle East/Africa (EMEA) and the Asian Pacific region (APAC). For more information, please visit www.ysoft.com.

[1] IDC PlanScape: Digital Transformation of Document Workflows – Leveraging Automation and Optimization for Competitive Advantage, Holly Muscolino, Ron Glaz, December 2015 IDC #US40645315

[2] IDC Flash: Y Soft Announces Print Management for 3D Printing, Tim Greene, Arianna Valentini, March 2016 IDC #US41139116