Stibo Systems Positioned in Leading Analyst Firm's "Magic Quadrant" for Master Data Management for Product Data

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Jan 11, 2012, 10:14 ET

ATLANTA, January 11, 2012 /PRNewswire/ --

Stibo Systems, the Strategic Information Management Technology and Solutions Company^[^TM^] today announced it has been positioned in the October 2011 Magic Quadrant for Master Data Management for Product Data, by Gartner Inc., the world's leading information technology research and advisory company. In its annual report on MDM, Gartner provides insight gleaned from global customers into the benefits and challenges of implementing master data management technology and criteria for identifying and evaluating providers.

"We consider it to be a tremendous accomplishment and honor to be included in Gartner's Magic Quadrant," said Mikael Lyngsø, CEO of Stibo Systems. "Having been a pioneer and innovator of master data management in our field since the mid 90s, and having the ability to combine our Master Data Management knowledge with our Product Information Management technology and services has given us a tremendous leg up in this business segment. Clearly our customers are finding compelling value in our offering. And we are grateful to Gartner for helping the market understand how MDM works and what to look for in a business partner."

Stibo Systems links supplier, product and other informational assets through an integrated process. Stibo Systems' STEP platform streamlines the process of gathering, managing and sharing operational intelligence across the enterprise. This creates a single trusted source of strategic information and allows its customers to turn departmental knowledge into an enterprise-wide asset, resulting in increased profitability, reduced risk and enhanced agility.

For more information, please visit Stibo Systems web page at: http://www.stibosystems.com or at +1 770 425 3282.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Stibo Systems
Stibo Systems is the worldwide market leader in strategic information management technology and solutions. Stibo Systems' STEP platform boasts a flexible architecture that combines the power of master data management (MDM) with product information management (PIM) to create a single trusted asset called strategic information, enabling organizations to manage their information intelligence on a global scale through an integrated process. Stibo Systems' global customers include GE, Sears, Siemens, Trek 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 http://www.stibosystems.com.

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SOURCE Stibo Systems