SYS-CON MEDIA Authors: Jason Bloomberg, Kevin Benedict, David H Deans, RealWire News Distribution, Gilad Parann-Nissany

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Stibo Increases Canadian Personnel by 40 Percent in the Past Six Months - Relocates into Larger Toronto Office

Fueled by solid sales and significant global adoption of its award-winning multidomain master data management (MDM) solution, Stibo Systems has expanded its worldwide presence by opening a larger office in Toronto, Canada effective today. Located at 116 Spadina Ave in Suite 701 in Toronto, Ontario, Stibo Systems’ new office will support the growing demand for its STEP platform and better serve the needs of its existing and expanding list of customers.

Key Points

  • With growth in the region a strategic priority, the Canadian office increased its employee head count by 40 percent in the previous 6 months. The Company also plans to expand its regional head count in areas such as professional services and marketing.
  • With more than 16 locations worldwide, Stibo Systems has achieved significant market growth across all key industries, particularly among the retail sector as organizations sought to leverage their multidomain data assets in order to drive profits and achieve a competitive advantage.

Stibo Systems Quote

"Recognized as one of the leading independent providers for master data management, every member of the Stibo Systems team is dedicated to helping our customers create substantive and ongoing value from their information assets,” said Andreas Lorenzen, President of Stibo Systems. “Expanding our footprint in Canada will enable us to help our Canadian customers to gain critical insights into their strategic data assets and to use these assets to achieve better decision-making and results."

About Stibo Systems

Stibo Systems is the global leader in multidomain Master Data Management (MDM) solutions. Industry leaders rely on Stibo Systems to provide cross-channel consistency by linking product and customer data, suppliers and other organizational assets. This enables businesses to make more effective decisions, improve sales and build shareholder value. During the last 30 years, Stibo Systems has helped hundreds of companies to develop a trusted source of operational information. A privately held subsidiary of the Stibo A/S group, which was originally founded in 1794, Stibo Systems' corporate headquarters is located in Aarhus, Denmark. For more information, visit www.stibosystems.com.

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