|[November 07, 2012]
Stibo Recognized for Service and Supply Chain Excellence by Ventana Research
ATLANTA --(Business Wire)--
Systems, the Strategic Information Management Technology and
Solutions Company™, today announced that it has been named the winner of
the 2012 Ventana Research Leadership Award for Service and Supply Chain
Excellence. Ventana Research awarded Stibo Systems its Operational
Leadership Award for Service and Supply Chain Excellence based on
innovations in the
STEP software suite, including its ability to combine rules,
integration, workflow profiling and its use of data quality and
governance for product information management.
Additionally, Stibo Systems' customer Cooper
Lighting was acknowledged as the winner of the 2012 Ventana Research
Leadership Award for Service and Supply Chain Excellence for its Product
Information and Master Data Management initiative in which it
consolidated product data for its 23 brands. Both Stibo Systems and
Cooper Lighting will receive their awards on November 8, 2012, at the Ventana
Research Business Technology Innovation Summit Gala Dinner and
Leadership Awards Ceremony.
"Stibo ystems continues to earn high
marks for the significant business value it brings to customers,"
said Mark Smith, CEO & Chief Research Officer of Ventana Research. "We
congratulate Stibo Systems for receiving this distinguished award and
for advancing its software in order to help organizations create
demonstrable ROI and efficient service and supply chain management."
The first ever 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 be acknowledged by Ventana Research and for being
credited for helping our customers strategically manage the multi-domain
information that is necessary to solve their business objectives," said
Andreas Lorenzen, President of Stibo Systems. "By linking all of their
product, supplier, and customer operational information, the STEP
platform has resulted in faster time to value and a greater return on
About the Ventana Research Leadership Award
The 2012 Ventana Research Leadership Awards recognize individuals and
organizations that have advanced business leadership by effectively
utilizing their people, processes, information and technology to achieve
the best outcomes. The Leadership Awards showcase not only organizations
but also the leaders and pioneers who have contributed to their
organizations' successes. These practitioners exemplify the fact that
delivering business success requires the successful efforts of a team
guided by strong, visionary, effective leadership.
The awards are judged by the analysts at Ventana Research, an
industry-renowned research team with hundreds of years of experience in
business and technology. The team will evaluate each submission to
assess the organization's use of people, processes, information and
technology, the best practices it developed and the project's business
impacts on the organization in 2011 and 2012 as well as the projected
value in 2013. For more information, visit: http://ww2.ventanaresearch.com/InnovationsSummit_GalaDinnerAwards.html
About Stibo Systems
Stibo Systems, the Strategic Information Management Company™ provides
technology and solutions that enable organizations to manage their
strategic information on a global scale through an integrated process.
Stibo Systems' STEP technology is a flexible, uniform Master Data
Management (MDM) platform that provides the business with a single
trusted source of operational information for the entire enterprise.
Stibo Systems' global customers include GE, Sears, Siemens (News - Alert), 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.
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