ATLANTA--(BUSINESS WIRE)--Stibo Systems, the global leader in multidomain Master Data Management (MDM) solutions, today announced its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers. Now in its thirty-second year, the survey ranked Stibo Systems fourth in the $50 - $100 million category of software companies and 296th over-all.
- For more than 30 years, Stibo Systems has helped some of the world’s most recognized brands perform business-critical activities, which generate billions of dollars in revenue and produce better outcomes that allow them to compete and grow. With deep experience in manufacturing, distribution, retail, travel & hospitality, automotive, CPG and grocery industries, Stibo Systems helps organizations manage master data on a global scale.
- According to a recent TechValidate survey, three fourths of STEP users reported seeing ROI in 12 months or less after going live, while 90 percent are likely to recommend Stibo Systems’ Master Data Management solution to a colleague or a friend. In terms of business value, more than three out of five companies (63 percent) reported improving customer satisfaction by having accurate product information. Additional benefits include their ability to quickly introduce new products and to expand globally through both language and market.
- With expanded domain expertise, Stibo Systems creates solutions that help companies gather, manage and share customer, product, supplier and other corporate intelligence across the enterprise using a single MDM platform. Organizations rely on Stibo Systems' STEP technology, to deliver product data constancy and brand control over all sales and marketing channels; align organizational and operational data that exists within disparate systems to achieve a single view of master data across the enterprise; meet global business requirements for language and market, and quickly introduce new products and services to create a better customer experience.
- The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing. The ranking is based on total worldwide software and services revenue from the 2013 fiscal year. This includes revenue from software licenses, maintenance and support, training, and software-related services, and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. Financial information is gathered by a survey prepared by Rockport Custom Publishing, LLC. using public documents and company input. It is published in print as well as posted online at www.softwaremag.com as both a digital edition and a searchable database.
Software 500 Quote:
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” says John P. Desmond, editor. “It is a quick reference of vendor viability. The online version is searchable by category, making it what we call the online catalog to enterprise software.”
Stibo Systems Quote:
“Every industry and every company has unique challenges when it comes to managing their data. Some struggle with getting products to market, others try to determine the relationships between their products and customers, while many are simply trying to gain a single view of information across the enterprise,” said Mikael Lyngsø, CEO, Stibo Systems. “Our growth is a testament to our ability to help organizations meet their most pressing business problems and to our unwavering commitment to ensure their long-term success.”
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high-tech industry for more than 38 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing.
Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.
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.