Stibo Systems and Customer Grainger Win 2013 Ventana Research Leadership
ATLANTA -- April 24, 2013
Stibo Systems today announced that for the second consecutive year, the
company is being honored, along with its customer, as a winner of the 2013
Ventana Research Leadership Award for Service and Supply Chain Excellence by
Ventana Research. Ventana Research analysts awarded Stibo Systems and W.W.
Grainger, Inc., the Operational Leadership Award for Service and Supply Chain,
based on innovative master data management (MDM) and product information
management (PIM) technology, as well as business impact and customer value.
Ventana Research selected Grainger for its ability to use product information
as a valuable asset to create a better customer experience. Both Grainger and
Stibo Systems will receive their awards at the Ventana Research Business
Technology Leadership Summit being held on May 29^th and 30^th, 2013 at the
Hyatt Fisherman's Wharf in San Francisco, CA.
"For the second year in a row, Stibo Systems and its customers are recognized
for their ability to deliver significant business value,” said Mark Smith, CEO
& Chief Research Officer of Ventana Research. "Grainger is a fantastic example
of how product information can be used to derive clear and demonstrable
results. We congratulate them for their MDM efforts and for using product
information strategically to better the customer experience and improve its
overall service and supply chain management.”
A $9 billion, Fortune 500 Company and leading supplier of maintenance, repair
and operations (MRO) products, Grainger helps millions of customers in more
than 150 countries save time and money by providing the right products to keep
their facilities up and running. Recognizing their product information is a
valuable asset, Grainger began its MDM initiative in order to create a better
customer experience. The company created a single source of product
information and a publishing environment that is used to facilitate product
portfolio management, global merchandising, and global marketing across all
channels and customer targets using Stibo Systems' multidomain master data
management (MDM) solution, STEP.
"Our product information management approach has enabled us to better serve
our customers, as we manage millions of products, across a multi-branded and
multi-channel global business,” said Gene Rados, Senior Director of Projects
and Content Management, at Grainger. “By leveraging Stibo Systems' MDM
platform, we create highly valuable information that can support our global,
targeted, print and electronic publishing efforts, as well as search and
select across all current and emerging channels.”
The Ventana Research Leadership Award is the latest recognition for Grainger's
MDM initiative, as the Company was recently named a top three finalist in the
Gartner Master Data Management (MDM) Excellence Awards 2013.
The Ventana Research Leadership Awards recognize and promote individuals and
organizations that have contributed toadvancing the use of technology in
their organizations bringing together people, process, information and
technology to achieve the best potential outcomes. 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. Stibo Systems enables organizations to
leverage a single, unified MDM software platform to manage all of its critical
data assets and domains including customer, supplier, product, location, and
"By enabling organizations to link all of their product, supplier, customer
and operational information, Stibo Systems helps our customers to achieve real
value from their information assets and a greater return on their MDM
investment,” said Mikael Lyngsø, CEO of Stibo Systems. "We are thrilled that
Ventana has recognized our technology and congratulate our customer, Grainger
for their highly success enterprise MDM initiative and for their ability to
create a more satisfying and rewarding customer experience.”
About the Ventana Leadership Award
The 2013 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,
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 evaluated 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 2012 and 2013 as well as the projected value in 2014.
About Stibo Systems
Stibo Systems gives data direction by providing organizations with a leading
multidomain master data management (MDM) solution. Stibo Systems enables its
customers to better manage enterprise intelligence on a global scale, improve
sales, and quickly adjust to changes in business requirements. Stibo Systems'
STEP technology is a flexible, uniform MDM solution that provides a single
trusted source of operational information for the entire enterprise. 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.
McCoin & Smith Communications Inc.
Chris McCoin or Richard Smith
508-429-5988 (Chris) or 978-433-3304 (Rick)
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