Friedrich Soennecken founded Soennecken, an office supplier. Along with the hole punch, the entrepreneur is also accredited with the invention of the ring binder. However, the first recorded patents for a paper hole puncher was published by an American man named Benjamin Smith in 1885.
A hole punch has a long lever, which helps push a bladed cylinder through a number of sheets of paper, creating identical holes, making it easy to stack them together in a folder.
Apart from helping keep otherwise loose documents together, hole punches have found another important use in punching tickets. Newer iterations of the machine are also used for more creative purposes like decorative purposes like making confetti.
Even with the advent of the digital age, the hole punch still remains a household object in offices and schools. But with people shifting to computers and tablets to save and organise information, it remains to be seen for how long this old favourite will continue to stay relevant.