Aarhus, Denmark, November 19, 2015 – Stibo Systems, the global leader in multidomain Master Data Management (MDM) solutions, announced today that Gartner, Inc., a leading IT research and advisory firm, has positioned the Company as a leader in its November 2015 Magic Quadrant for Master Data Management of Product Data Solutions for the third consecutive year. According to the report, increased demand in end-user organizations for a trusted single view of product data to drive digital transformation is resulting in greater demand for MDM.
Stibo Systems has been recognized in this Magic Quadrant for the last eight years, positioned as a Leader for three consecutive years and this year improved its position in the Leaders Quadrant on both the ability to execute as well as the completeness of vision axes.
“The impact of the digital economy has created new opportunities and challenges for all CEOs. In fact according to our recent study, digital tools are disrupting the business environment which requires significant changes in operations, communications, and selling,” said Mikael Lyngsø, CEO of Stibo Systems. “Stibo Systems’ award-winning solution provides customers with cross-channel consistency by linking product, customer, supplier data and other organizational data which allows them to make more effective decisions, improve sales and build value.”
“Leaders have strong results and strong delivery capabilities, and will continue to have them. They typically possess a large, satisfied customer base (relative to the size of the market) and enjoy high visibility in the market. Their size and financial strength enable them to remain viable in a challenging economy. Leaders have mature offerings and track records of successful deployments, even in the most challenging environments, in at least two geographies and in many industries. Leaders have the strategic vision to address evolving client requirements; however, they are not always the best choice,” according to the report.
“We are thrilled to be recognized as a Leader by Gartner for the third consecutive year,” said Lyngsø. “For more than 30 years we have been delivering exceptional value and ROI, helping companies gather, manage and share customer, product, supplier and other corporate intelligence across the enterprise using a single MDM platform.”
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About Gartner's Magic Quadrant
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About Stibo Systems
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.