MDM Leader Recognized for Delivering Noteworthy Innovations in the STEP Master Data Management Platform and for Advancing Both Business and IT
Atlanta, GA, October 25, 2016 – Stibo Systems, the global leader in multidomain Master Data Management (MDM) solutions, today announced that it has been selected as a finalist in the 2016 Ventana Technology Innovation Awards for Information Management by Ventana Research. Stibo Systems’ Master Data Management (MDM) platform STEP delivers superior technology that advances the productivity and potential of business applications and significantly improves the efficiency, productivity and the performance of its customers.
“The Ventana Research Technology Innovation Awards are the most prestigious annual industry awards and are designed specifically to acknowledge the technologies that best help organizations achieve their specific goals and objectives," said Mark Smith, CEO and chief research officer of Ventana Research. "Stibo Systems STEP was selected as a finalist for continuously evolving its solutions and supporting businesses by allowing them to use consistent data across product and customer processes through product information management.”
The Ventana Research Technology Innovation Awards recognize technology vendors who have introduced innovations in technology to advance business and IT. The awards distinguish pioneers that have developed clear visionary and transformative technology and showcase what technology vendors have done to advance the computing potential of their applications and technology so that it can be used to drive better efficiency and productivity as well as the outcomes and performance of an organization. As part of the scoring process and methodology, Ventana Research examined submissions and nominations from the research team to assess, score and select the technology that has the best impact for that specific category.
"We are thrilled to once again be acknowledged by Ventana Research for our technology prowess and for helping our customers strategically manage the multi-domain information necessary to solve their business objectives," said Andreas Lorenzen, President of Stibo Systems. "By linking all critical data assets in a single, seamless platform, STEP helps our customers achieve faster time-to-value and a greater return on investment.”
Stibo Systems’ STEP integrates the multiple disparate systems found in most organizations and streamlines the process of aggregating and consolidating information around products, customers, suppliers, employees, assets, location and reference data from multiple sources and formats. Once complete, the MDM platform connects that information which enables customers to derive actionable insights, and publish that information to backend systems and/or to online and offline channels to support their digital transformation initiatives.
About the Ventana Research Technology Innovation Awards
The Technology Innovation Awards distinguish pioneers that have developed clear visionary and transformative technology. The Technology Innovation Awards showcase what technology vendors have done to advance the computing potential of their applications and technology so that it can be used to drive better efficiency and productivity as well as the outcomes and performance of an organization. The Ventana Research Technology Innovation Awards cover 29 business and technology categories and are open for organizations across business and IT, technology vendors and consulting firms. Submissions are evaluated based on the stringent guideline set out by awards program criteria. For more information, visit www.ventanaresearch.com
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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. For more information, visit www.stibosystems.com.