Home
News & Events
News
Business leaders embrace regulation as springboard for success
27.02.2019

Business leaders embrace regulation as springboard for success

Changing paradigm sees the unlikely combination of technology and regulation emerge as key enabler

Ricoh Europe, London, 27 February 2019 – The majority of business leaders across Europe see the introduction of government and industry regulations as enablers for success.

New research commissioned by Ricoh Europe, based on a survey of 2,550 business leaders from across 24 countries, shows a shift from the traditional mindset that regulation is a bottleneck and barrier. Over half (52%) agree that regulation is an enabler in the digital age – a sentiment echoed further with 55% seeing privacy regulations, such as GDPR, as a basis from which to achieve organisational success.
But it’s not just governments and industries that are having a positive effect. A similar amount (56%) view adhering to environmental regulations, such as the Paris Agreement, as a route to progress. Moreover, 67% of leaders are looking to invest in smart technologies that are environmentally friendly – indicating a growing realization of how people, the planet and company profits stand to gain from more environmentally focused business practices.
The research also reveals that 82% are investing in technology in its wider sense as an enabler, with 66% viewing the pace of technological change as a key opportunity rather than challenge. Almost as many (63%) believe technology is crucial for keeping their company compliant with regulations, reaffirming the notion that long perceived obstacles are rapidly becoming opportunities.
David Mills, CEO of Ricoh Europe, says: “Today’s business leaders are being held accountable like never before and face a constantly changing environment. The good news is that they are realizing the benefits of building their business with security, privacy and environmental considerations at heart. Using technology, business leaders can turn compliance from a headache into a strength, and even make regulations a facilitator for broader organisational success. They can now see the compounding benefits of using Intelligent Devices to boost productivity, aid problem solving and lessen the load of mundane tasks.”
Find out more at www.ricoh-europe.com/thoughtleadership.

| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.

With cultivated knowledge and organizational capabilities nurtured over its 85-year history, Ricoh is a leading provider of digital services, information management, and print and imaging solutions designed to support digital transformation and optimize business performance.

Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2022, Ricoh Group had worldwide sales of 1,758 billion yen (approx. 14.5 billion USD).

For further information, please visit www.ricoh-europe.com

© 2023 RICOH COMPANY, LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

For further information, please contact: 
Ricoh Europe PLC
Charlotte Fernandez
E-mail: media@ricoh-europe.com
Homepage: www.ricoh-europe.com
Join us on Facebook: www.facebook.com/ricoheurope
Follow us on Twitter: www.twitter.com/ricoheurope
Follow us on LinkedIn: http://linkedin.com/company/ricoh-europe

Visit the Ricoh media centre at: www.ricoh-europe.com/press