Data Management

Stibo Systems named Champion in Bloor Research MDM Market Update 2023

Master data management (MDM) solutions provider Stibo Systems today announced that it has been named a ‘Champion’ in Bloor Research’s 2023 Master Data Management (MDM) Market Update for the second consecutive year. Bloor’s report assesses the leading MDM companies, and Champion status is the highest of three designations given to solution providers.

“With its cloud-native MDM solution and strong AI capabilities, Stibo Systems scored well in our annual master data management market update,” said Andy Hayler, Data-as-an-Asset Practice Leader at Bloor Research. “We recognize Stibo Systems’ deep understanding of customers’ need for trustworthy and accurate data to fuel Generative AI and how important that is to the businesses they serve. The customers that participated in our research came across as enthusiastic and highly engaged with Stibo Systems and its innovative product journey.”

Bloor’s market update scores vendors based on assessments of their standing in the dimensions of financial viability, customer base, revenues, growth, technology breadth, technology depth, geographic coverage and breadth of partner network. Scoring for the report is also heavily influenced by customer satisfaction, which Bloor analysts determine by surveying vendor customers.

“Master data is essential for businesses to make decisions, reduce inconsistencies and glean important insights. Stibo Systems is proud to be recognized as a Champion in Bloor Research’s latest update on the MDM market,” said Adrian Carr, Stibo Systems CEO. “It’s our mission to deliver the most trustworthy and accurate data to our customers, and we’ll continue to do so by accelerating our AI capabilities and offering the most innovative SaaS MDM solutions.”

For more information on Bloor Research’s 2023 Master Data Management (MDM) Market Update, please visit: https://www.stibosystems.com/resources/bloor-mdm-market-update

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