ARC Advisory Group Names Pitney Bowes Leading Provider of Global Transportation Management Systems
Strong Presence in Parcel Shipping Solutions Market Cements #1 Spot
STAMFORD, Conn., April 11, 2011 - Pitney Bowes Inc. (NYSE: PBI) announced today that it has been named the leader among suppliers of transportation management systems worldwide as a result of its offerings in the Parcel Shipping Solutions market, according to a Transportation Management Systems (TMS) Worldwide Outlook study by ARC Advisory Group. The ranking is based on revenue from software license, service, maintenance and recurring fees in 2010.
This is the sixth time Pitney Bowes has captured the top spot in the annual ARC Advisory Group survey.
“In a tough economy, more companies are looking for new and aggressive ways to lower costs. Shipping management is a natural choice,” said Debra Thompson-Van, Vice President, Marketing, Pitney Bowes. “We are pleased that our SendSuite® Shipping Management solutions are recognized by the ARC Advisory Group. Our platform helps customers manage transportation spend and streamline logistics processes.”
Pitney Bowes grew its shipping revenues 6.0% during a period that TMS overall experienced a market decline of 3.3%, according to the study. The report forecasts that 2011 demand for TMS will grow at 5%, and that the TMS market overall will exceed $1.7 billion by 2014, positioning Pitney Bowes for further growth in this market segment.
“Customers looking for additional transportation cost management should consider further integration throughout the shipping process. Pitney Bowes is uniquely qualified to provide this enterprise-level capability as one of only a few companies that deliver integrated solutions,” Thompson-Van adds. “As the market leader, we will continue to invest in technology to deliver a more complete enterprise solution that consolidates the process further, enhances the customer experience, and helps us remain the preferred provider in this market.”
The report’s findings indicate Pitney Bowes secured the lead position primarily due to its SendSuite™ Shipping Solutions. These software tools help both inbound and outbound shipment processing and management for mail center, warehouse and desktop shipping applications. According to the report, those products and services and the complete set of mailroom solutions, including postage meters, weighing equipment and software, in addition to extensive sales, maintenance, and support teams, give Pitney Bowes an unrivaled position in North America.
The ARC Market Outlook Study, entitled "Transportation Management Systems Worldwide Outlook: Market Analysis and Forecast Through 2014," segments the TMS market into six high-level solution types, including Planning & Execution, Parcel Shipping, and Fleet Management. The study also includes market data by solution type, geographic region, customer tier and vertical industry plus forecasts and supplier profiles. Additional information can be obtained at http://www.arcweb.com/.
About Pitney Bowes
Delivering more than 90 years of innovation, Pitney Bowes provides software, hardware and services that integrate physical and digital communications channels. Long known for making its customers more productive, Pitney Bowes is increasingly helping other companies grow their business through advanced customer communications management. Pitney Bowes is a $5.4 billion company and employs more than 30,000 worldwide. Pitney Bowes: Every connection is a new opportunity™. www.pb.com