SAN RAMON, CA, July 26, 2012 /24-7PressRelease/ -- Ventana Research has released its 2012 Value Index for Product Information Management, the latest in a new category of quantified, research-based Indexes on technology vendors and products. This Value Index provides guidance that will enable organizations to ascertain the value of software that allows for better management of product information. Using the Value Index, sales, marketing, operations, finance and IT organizations will be able to evaluate vendors and their products as well as make choices based on an understanding of how well existing and new offerings satisfy their needs.
The Value Indexes are the product of more than two decades of experience and knowledge of the market and of in-depth analyses of technology suppliers' products. The Value Index for Product Information Management examines organizations' existing and planned approaches to Performance Information Management including best practices and steps for improvement. Ventana Research believes that wise investments will improve an organization's performance as a whole. Product Information Management helps companies gain a competitive advantage by addressing common issues ranging from unreliable product data quality with inconsistent product information, insufficient management and control of the flow of product information, and inaccurate information regarding operational processes.
In the 2012 Value Index for Product Information Management, the company delivering the highest value on an overall weighted-evaluation basis is Stibo Systems, followed closely by Heiler, Riversand, Enterworks and Hybris, who also earning the Hot Vendor rating. SAP, Agility and WebOn also received the Hot Vendor rating, while Oracle and IBM were rated as Warm.
"This year's Value Index for Product Information Management was highly competitive, with a set of mature vendors competing for the 'hottest vendor' title while other larger enterprise software vendors fell behind," said Mark Smith, CEO & Chief Research Officer at Ventana Research. "The mission to manage product information is advancing readily and vendors and their respective products have advanced significantly over the last 18 months. This business application software category is much more than master data management (MDM). Many IT analyst firms have failed to address the need to improve product related processes and therefore the resulting efficiency and overall profitability."
This new research-based undertaking is fully independent. It is neither sponsored nor influenced by technology vendors and is conducted solely in pursuit of Ventana Research's mission to provide value to business and IT through benchmark assessments, workshops and advisory services. Ventana Research's goal is to guide organizations to optimal efficiency in their use of technology investments for business and IT.
