Stibo Systems ranks as leading PIM provider in independent research
The Group of Analysts Gives Company Top Marks for Product MDM
in Market Performance Wheel Evaluation
Hamburg, Germany, February 27, 2017 – Stibo Systems™, the global leader in Business-first Master Data Management (MDM)™ solutions built for the highest volumes and most demanding businesses, today announced that market research company The Group of Analysts has ranked the company as a leading provider in its most recent Market Performance Wheel (MPW) evaluation. Stibo Systems and its Product MDM solution were given the highest overall score of any vendor ranked in the firm’s product information management (PIM) category.
“Stibo Systems scored well in all of our four knowledge characteristics ranking everything from the technology itself to the company’s ability to execute in the market today and sustained performance for the future,” said Temel Kahyaoglu, Chief Analyst of The Group of Analysts. “In summary, we can say that—on the basis of our in-depth evaluation and the company’s continual further development in all areas—we are convinced Stibo Systems with its Product MDM solution will continue to assume a leading role among PIM providers.”
The Group of Analyst’s Market Performance Wheel is based on a pyramid of knowledge that condenses 400 different evaluation criteria into 16 groups of information measuring ability to execute, market penetration, future proof (i.e., sustainability) and technology. As a result, the Market Performance Wheels form a cumulative viewpoint of all information groups and properties of knowledge in a single data graph. The graph therefore represents a culmination of important company and product characteristics in a consistent and straightforward manner and thereby offers an excellent basis for evaluation. The Group of Analysts has ranked nearly 40 PIM vendors with a Market Performance Wheel over the past 12 years.
“Stibo Systems is honored to have once again received a positive rating from such a respected independent research firm as The Group of Analysts, and we are proud that our decades of innovation and dedication to our customers’ success is being recognized with another Market Performance Wheel,” said Mikael Lyngsø, CEO, Stibo Systems. “The results of this very thorough evaluation clearly demonstrate that our Business-first mindset continues to drive excellence in our solutions and will continue to deliver successful business outcomes for our customers around the world.”
Product MDM is an end-to-end solution for all product master data that helps teams across the organization work faster and smarter to acquire, manage and publish consistent, accurate and up-to-date product information to multiple channels. It is a key component of the Stibo Systems comprehensive master data management offering, which includes powerful solutions for Customer MDM and product lifecycle management (SpirePLM®). All these solutions are built on the foundation of STEP™, the most flexible and scalable MDM platform in the industry—enabling customers to integrate and manage not only product and customer data, but asset, supplier, employee, reference and location data as well. As a result, organizations can simplify cooperation, enhance planning and improve oversight to speed time to value for all their various data assets throughout the enterprise.
The Group of Analysts (TGOA) is a market research company that offers evaluations of developments in the world of IT. TGOA observes and interprets the effective performance of the software market based on a novel analysis method, which is the result of customer evaluations and research of the past 12 years. The results are data charts called Market Performance Wheels (MPWs). These represent informative, circular forms of knowledge, capable of multidimensional observation. Unique within the market, they capture the DNA of companies and their products and services.
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About Stibo Systems
Stibo Systems believes the future of business requires a Digital Business Core™ of operational data that is continuously shaped and delivered to produce superior business outcomes. Stibo Systems is the driving force behind hundreds of forward-thinking companies around the world who have unlocked the full value of their information; empowering business users to act with confidence in their data, adapt quickly to changing market conditions and go beyond to anticipate what’s next. Stibo Systems is a privately held subsidiary of the Stibo A/S group, originally founded in 1794. Its corporate headquarters is located in Aarhus, Denmark. For more information, visit www.stibosystems.com.