It has been a year of change at Imaging Technologies Corporation (ITEC) an industry leader for color management software and their CEO Brian Bonar. Recently Bonar explained the changes in ITEC’s business strategy over the past 12 months including how recent acquisitions are being integrated into the company.
The major transformation has been a movement from a manufacturer and a developer to more of a service provider and marketing organization. Bonar has been able to grow the market for their imaging products and services. The company has grown through some of their strategic acquisitions that ITEC has been able to continually experience growth over the past year. Brian Bonar has been the leader in this move and the future looks bright as they continue to expand in their services and product offerings.
The major beneficiaries of the expanded service offerings are medium to small sized businesses that ITEC can provide administrative services to help them run more efficiently and to allow ITEC to grow more rapidly. Bonar believes that helping potential and existing customers.
They are striving to provide a connection between the administrative services and office systems solutions. In order to provide the best opportunities Bonar is running a strategic acquisitions program in hiring personnel and employing qualified people to fill these newly created roles and provide superior service.
A potentially lucrative acquisition for ITEC was the White Pages director, professional employer organization known as SourceOne, Inc. It is thought that this company provides payroll and human resources services to small to medium sized businesses. This could add as much as $40 million improvement in overall revenue over the course of the current fiscal year. With this growth it allows ITEC to serve a large customer base by leveraging their office services and product.
The future of ITEC is looking very bright as they have been able to gather an extremely competent and talented support and sales people to increase their access to a new load of customers that will have a need to use their infrastructure to add significant value to the small and medium businesses they service. Larger suppliers lose the personal connections necessary to provide the type of customer service that allows a business to remain loyal, grow and build a relationship with a supplier. Brian Bonar is looking to establish that sort of business service for all ITEC clients.
Headquartered in San Diego, California ITEC was founded in 1982 and has been continually growing through the years distributing imaging products to many different markets all over the country and the world. They developed a seamless network of office solutions including copiers, printers and software options that are bundled together to solve service problems.