Company Named a Leader in Product Information Management Solutions
Stibo Systems, the global leader in multidomain Master Data Management (MDM) solutions, today announced that Forrester Research, Inc., a leading independent technology and market research company, has positioned Stibo Systems as a leader in The Forrester Wave™: Product Information Management Solutions, Q4, 2016. According to the report, “Stibo Systems offers a breadth of native capabilities at maximum scale. Stibo Systems has been growing its PIM offering organically over its 30-plus years in this space. The company’s broad set of out-of-the-box PIM capabilities, industry-specific knowledge, and breadth of professional services solidifies its position as a PIM market leader.”
The Product Information Management market is growing because more eBusiness professionals see PIM as a way to address some of their top challenges. eBusiness pros increasingly trust PIM providers to act as strategic partners and are including them as part of their digital transformation initiatives.
Additionally, the report gave Stibo Systems STEP Trailblazer the highest current offering category score stating, “Stibo Systems’ particular product strengths include connectivity with its breadth of back- and front-end connectors as well as strong data integration and syndication. This solution excels at integrating with real-time systems, providing many transport and format options.”
Stibo Systems’ Master Data Management platform STEP Trailblazer integrates multiple disparate systems by streamlining the process of aggregating and consolidating information around products, customers, suppliers, employees, assets, location and reference data from multiple sources and formats. Once consolidated it then connects that information to derive actionable insights and enables organizations to publish that information to backend systems and/or to online and offline channels. Stibo Systems’ award-winning enterprise capable platform provides a common set of functionality using one, seamless platform which significantly lowers costs and derives quicker time-to-value when implementing and maintaining a master data project.
“Organizations are continually challenged to publish or share consistent product information across the enterprise and to multiple distribution channels as the information must be merged, centralized, accurate and up-to-date. Worse, product data often involves thousands of attributes, hundreds of relationships and millions of records and is an integral part of real-time business process interactions within and outside the enterprise,” said Mikael Lyngsø, CEO of Stibo Systems. “I believe that being ranked a Leader by Forrester Research is further evidence of STEP Trailblazer’s market strength and its ability to create a central repository for all product-related information giving our customers a single version of truth for their product master data so they can achieve significant operational efficiencies and improve business performance.”
Stibo Systems is the global leader in multidomain Master Data Management (MDM) solutions. Industry leaders rely on Stibo Systems to provide cross-channel consistency by linking product and customer data, suppliers and other organizational assets. This enables businesses to make more effective decisions, improve sales and build shareholder value. During the last 30 years, Stibo Systems has helped hundreds of companies to develop a trusted source of operational information. A privately held subsidiary of the Stibo A/S group, which was originally founded in 1794, Stibo Systems' corporate headquarters is located in Aarhus, Denmark.