LANHAM, Md., July 12, 2007 - Group 1 Software, Inc., a Pitney Bowes Company (NYSE:PBI), today announced that it has been included by Gartner, Inc., in the recently published “Magic Quadrant for Data Quality Tools, 2007,”1 which evaluated Group 1 Software’s Customer Data Quality (CDQ) Platform solution.
The Gartner report, which positioned vendors based on ability to execute and completeness of vision, states that “Data quality technology continues to see increased demand from technology buyers and vendors in related markets. As a result, the market for data quality tools is growing at a solid pace…”
The report also states that: “Compliance and transparency are at the top of the list of concerns, along with ensuring the capture of expected benefits from investments in business intelligence and master data management. A common thread underpins successful initiatives in each of these areas: the prerequisite for high-quality data to add accuracy and value to the relevant business processes.”
“Companies across a variety of industries are increasingly recognizing the importance of data quality as the enabling technology for Customer Relationship Management (CRM), Master Data Management (MDM), and other business initiatives,” said Christopher Baker, president of Group 1 Software. “We believe the inclusion of Group 1 Software among the top vendors for data quality is a testament to our focus on developing a comprehensive data quality offering that helps our customer improve customer communications, enhance customer loyalty, and make more informed decisions.”
Built on a robust service-oriented architecture (SOA) framework, Group 1 Software’s CDQ Platform offers built-in understanding to resolve both syntactic and semantic ambiguities and inconsistencies with global name recognition and advanced entity resolution, coupled with best-of-breed global address data quality and industry-leading geocoding components.
The CDQ Platform leverages an extensive knowledgebase and allows analysts to easily create custom business rules as new composite services that can be published and extended to the enterprise, enabling companies to unify customer account data, eliminate redundancies, link members of the same household, and expand customer knowledge.
About Group 1 Software
Group 1 Software (www.g1.com) turns data into results, providing innovative software solutions that enable our clients to better understand and connect with their millions of customers, prospects, and partners. Group 1 Software helps over 3,000 organizations maximize the value of customer data to improve profitability, increase effectiveness, and strengthen customer relationships, through consolidating, cleansing and enriching corporate data, and generating personalized business documents for multi-channel delivery, customer care and efficient business processing. Our comprehensive Customer Communications Management (CCM) solutions span from database to delivery, adding value to every aspect of communication and allowing clients to integrate intelligence throughout their mailstream. As part of Pitney Bowes (NYSE:PBI), a $5.6 billion company, Group 1 Software’s solutions are utilized by leaders in the insurance, financial services/banking, GIS/mapping, government, mail services, retail, telecommunications, utility, and other industries, including Entergy, ING, L.L. Bean, MapQuest, Microsoft, Safeco Insurance, Wal-Mart and Wells Fargo.
About the Magic Quadrant
The Gartner Magic Quadrant is copyrighted June 29, 2007 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Group 1, Group 1 Software, and the Group 1 logo are trademarks or registered trademarks of Group 1 Software, Inc. Pitney Bowes and the Pitney Bowes Process Bar Design are trademarks or registered trademarks of Pitney Bowes, Inc. All other brand names and trademarks are the property of their respective owners.
1. Gartner, Inc., "Magic Quadrant for Data Quality Tools, 2007" by Ted Friedman and Andreas Bitterer, 29 June 2007.