Company Market Research Report: Selectec
Company Overview
Name
Selectec (Select Technology Ltd.)
Mission
To provide innovative print and document management solutions, supporting partners with technical excellence and a commitment to delivering exceptional customer service.
Foundation
- Founded: 1981
- Founders: Established by two friends who started in a shed and a third bedroom, aiming to revolutionize the copying industry.
Key People
- Paul: Group CEO and Co-founder
- Stephen (Big Ted): Managing Director
- Ben: Sales Director
- Ross: Head of Operations
- Damian: CTO
Headquarters
Basepoint Enterprise Centre, Stroudley Road, Basingstoke, Hampshire RG24 8UP, United Kingdom
Number of Employees
No specific number found.
Revenue
No information is available.
Known For
Selectec is recognized as a leading global software and hardware solutions distributor to MFP and IT software resellers. The company is known for its exceptional print and document management solutions with a focus on technical excellence and innovation.
Products
Key Product Offerings
1. PaperCut MF
- Description: Print management software widely adopted by over 90,000 organizations worldwide for tracking, managing, and reducing print costs.
- Key Features:
- User-friendly interface with easy installation
- Supports all major platforms and devices
- Tracks and controls printing, reducing waste
- Robust security features including secure print release
2. Foldr
- Description: Provides seamless file access, collaboration, and storage management across on-premise and cloud platforms.
- Key Features:
- Unified access to multiple storage locations
- Intuitive interface and easy user experience
- Supports SSO, 2FA, and end-to-end encryption for security
- Automation of document processing and sharing
3. Square 9
- Description: Document management software that automates document processing to improve efficiency.
- Key Features:
- Data capture, classification, and organization
- Web-based ECM for secure, collaborative work
- Advanced search and indexing tools
4. KPAX
- Description: Fleet management software for centralized visibility and control over printing devices.
- Key Features:
- Automates billing and device management
- Provides secure communication with 256-bit encryption
- Scalable and capable of handling multiple device models
5. Scanshare
- Description: Automates document workflows to enhance productivity and reduce manual processes.
- Key Features:
- Strong OCR and barcode recognition capabilities
- Secure cloud storage for scanned documents
- Business workflow automation
Recent Developments
Awards & Recognition
- Document Manager Awards 2024: Selectec won the "One to Watch: Company" category at the DM Awards, recognizing their innovation and outstanding service in document management.
Strategic Acquisitions
- Acquisition of NordicDoc Solutions: Consolidating Selectec's presence in the Nordic Region, enhancing their ability to deliver advanced digital transformation services in Denmark, Sweden, Norway, and Finland.
Recent Product Launches and Updates
1. PaperCut Hive Q3 2024 Release
- Introduced modern authentication with SSO and MFA.
- Enhanced print delivery profiles and cost tracking.
- Full embedded app for Kyocera devices for a more integrated user experience.
2. WisePay Integration
- Developed a seamless payment gateway for PaperCut, allowing secure school payments integration.
3. Pay360 Integration
- Another payment gateway integrated with PaperCut, supporting various regulatory compliance standards.
Partnerships
- Collaborated with NordicDoc Solutions to expand and solidify Selectec’s market presence in the Nordic territories.
New Features
- Enhanced architecture security and improved security configurations in PaperCut MF 23.0.
Summary
Selectec continues to cement its position as a key player in print and document management solutions, underscored by its strong focus on technical excellence, strategic acquisitions, and leading-edge product features. Through intuitive and powerful software offerings like PaperCut MF, Foldr, and more, combined with their commitment to customer satisfaction and ongoing innovation, Selectec demonstrates a robust capacity to meet the evolving needs of their global clientele.
