Atlanta, GA, November 28, 2012 – Stibo Systems, the leading Strategic Information Management Technology and Solutions Company™, today announced that it has been positioned in the "Visionaries" quadrant of the November 2012 Magic Quadrant for MDM of Product Data Solutions, by Gartner Inc. (NYSE: IT - News).
Gartner's Magic Quadrant for MDM of Product Data Solutions provides insight into the portion of the constantly evolving packaged MDM systems market that focuses on managing product data to support customer and product oriented strategies spanning supply chain management (SCM), enterprise resource planning (ERP), e-Commerce, Procurement and product life cycle management (PLM) applications. It positions relevant technology providers on the basis of their Completeness of Vision relative to the market, and their Ability to Execute on that vision.
According to the report, "Many organizations of all sizes and across many industries struggle to maintain a consistent, shareable and accurate single version of product or service data across their enterprises. Achieving and maintaining a single, semantically-consistent version of product master data is a critical capability for any customer-centric organization.”
"We are thrilled to once again be acknowledged by Gartner and for being recognized for helping our customers create real value out of their information assets," said Mikael Lyngsø, CEO of Stibo Systems. "By enabling organizations to link all of their product, supplier, customer and operational information, Stibo Systems' multi-domain MDM platform STEP has resulted in faster time to value and a greater return on investment.”
About Gartner's Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Stibo Systems
Stibo Systems is a leading provider of master data management solutions that enable organizations to better manage enterprise intelligence on a global scale, improve sales, and quickly adjust to changes in business requirements. Stibo Systems’ STEP technology is a flexible, uniform Master Data Management (MDM) solution that provides a single trusted source of operational information for the entire enterprise. Stibo Systems offers deep industry-specific solutions, engineered and supported to meet the strategic information needs of global customers including: GE, Sears, Siemens, Target and Thule. Stibo Systems is a subsidiary of the privately held Stibo A/S group, originally founded in 1794 with corporate headquarters in Aarhus, Denmark. For more information visit www.stibosystems.com.