Kennametal Again Earns Spot on the InformationWeek 500 List of Top Information
LATROBE, Pa., Sept. 10, 2013
LATROBE, Pa., Sept.10, 2013 /PRNewswire/ --Kennametal Inc. (NYSE: KMT)
announced today that the company has been named to the 2013 InformationWeek
500 list of the top information technology innovators in the U.S. This marks
the second consecutive year that Kennametal has been selected among the
nation's most innovative technology users.
Building on last year's recognition for its aggressive 15-month global
implementation of SAP 6.0, Kennametal this year received recognition for its
global implementation of SAP Product Life Cycle Management (PLM) – a core
differentiating business process that captures, retains and transfers critical
company knowledge to optimize product life-cycle management, supporting the
company's industry-leading performance achieving 40 percent of annual sales
from innovative new products.
"To be recognized by InformationWeek again this year is a great honor and a
tribute to the work of Kennametal's Global IT team and the world-class
business organization we support," said Steven Hanna, Vice President, Chief
Information Officer. "With more of our talent eligible for retirement within
the next decade, we rely on digital applications to preserve our institutional
knowledge and expertise. The implementation of SAP PLM has transformed the way
we document product designs and processes, allowing us to retain and leverage
our proprietary technology solutions that are vital to boost our customer's
"The theme of this year's InformationWeek 500 is digital business. It's a
movement, rooted in data analytics, mobile computing, social networking and
other customer‐focused technologies that are turning companies and industries
on their ear," said InformationWeek Editor In Chief Rob Preston. "Every
enterprise is now a digital business — or needs to become one fast. The
organizations in our ranking are leading the way."
InformationWeek identifies and honors the nation's most innovative users of
information technology with its annual InformationWeek 500 listing, and also
tracks the technology, strategies, investments, and administrative practices
of some of the best‐known organizations in the country. Unique among corporate
rankings, the InformationWeek 500 spotlights the power of innovation in
Additional details on the InformationWeek 500 can be found online at
Celebrating its 75th year as an industrial technology leader, Kennametal Inc.
delivers productivity to customers seeking peak performance in demanding
environments. The company provides innovative wear-resistant products,
application engineering and services backed by advanced material science,
serving customers in 60 countries across diverse sectors of aerospace,
earthworks, energy, industrial production, transportation and infrastructure.
With approximately 13,000 employees and nearly $3 billion in sales, the
company realizes half of its revenue from outside North America, and 40%
globally from innovations introduced in the past five years. Recognized among
the "World's Most Ethical Companies" (Ethisphere); "Outstanding Corporate
Innovator" (Product Development Management Association); and "America's Safest
Companies" (EHS Today) with a focus on 100% safety, Kennametal and its
foundation invest in technical education, industrial technologies and material
science to deliver the promise of progress and economic prosperity to people
About InformationWeek Business Technology Network
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SOURCE Kennametal Inc.
Contact: Media Relations - Lorrie Crum, 724-539-6792; Investor Relations -
Quynh McGuire, 724-539-6559
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