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Last updated on April 19, 2014 at 18:42 EDT

Stibo Systems and Customer Grainger Win 2013 Ventana Research Leadership Award

May 1, 2013

READING, England, May 1, 2013 /PRNewswire/ –

Stibo Systems [http://www.stibosystems.co.uk ] 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 W.W. Grainger, Inc. and Stibo Systems,
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 29th and 30th, 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
[http://www.stibosystems.co.uk/UK/our-solutions/by-capability/product-information-management.aspx ]
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
[http://www.stibosystems.co.uk/uk/our-solutions/by-capability/web-catalog-management/multichannel-publishing.aspx ]
and customer targets using Stibo Systems’ multidomain master data
management (MDM) solution
[http://www.stibosystems.co.uk/uk/our-solutions/by-capability/master-data-management.aspx ]
, STEP.

“Our product information management approach has enabled us to better serve our
customers, as we manage millions of products, across a multi-channel and multi-branded
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 to advancing 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 in 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
hierarchy.

“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 Lyngs,
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, 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
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
[http://www.stibosystems.co.uk/uk/company/customer-highlights.aspx ] 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 http://www.stibosystems.co.uk.

Contact

        Fiona Ashdown
        Marketing Manager
        +44-(0)-118-949-7848
        fiona.ashdown@stibo.com

SOURCE Stibo Systems


Source: PR Newswire