PRLog (Press Release) - Mar. 12, 2013 - SAN BRUNO, Calif. -- Loqate today announced a partnership with Stibo Systems to deliver global address verification in Stibo System’s STEP MDM solution. Adding global data quality capabilities with the addition of The Loqate Engine will provide additional opportunities for Stibo customers to drive revenue, reduce costs, mitigate risk, and enhance agility. The extensive address verification and geocoding for over 240 countries is available as an option to all Stibo customers immediately.
“Stibo Systems brings a 30-year history of helping industries manage their technical and master data needs on a global scale”, said Bjarne Hald, CTO of Stibo Systems. Loqate understands the data quality requirements needed to support doing business globally. This partnership will create new opportunities to benefit our customers.”
“Like Stibo Systems, we have created technology for companies operating in the international arena,” said Martin Turvey, President and CEO of Loqate. “Loqate and Stibo together will enable the ability to capture, verify, and geocode any address worldwide in Stibo Systems’ STEP platform. Thinking globally and acting locally is at the core of both businesses. This commonality should drive strong benefits for the people that employ Loqate and Stibo products to drive their businesses forward.”
Almost all data has locations, and accurate locations power a wealth of business processes: Master Data Management, CRM. data quality, delivery of materials, goods or services, fraud detection, insurance risk assessment, data analytics, store and territory planning, and much more. All these areas can benefit from strong MDM capabilities. New applications that harness the information in Big Data, location based services, customer analytics, and market intelligence need the accuracy and intelligence that only comes from great address quality. The Loqate Engine and its components, Verify, Register, Geocode, and Identify provide the ability to provide complete, in-depth global location information.
About Stibo Systems
Stibo Systems gives data direction by providing organizations with a leading multidomain master data management (MDM) solution. Stibo Systems enables its customers to better manage enterprise intelligence on a global scale, improve sales, and quickly adjust to changes in business requirements. Stibo Systems' STEP technology is a flexible, uniform MDM solution that provides a single trusted source of operational information for the entire enterprise. Stibo Systems is a subsidiary of the privately held Stibo A/S group. For more information, visit www.stibosystems.com.
Loqate Inc., the definitive source of everything location, can power applications with a combination of address capture, verification, and geocoding – all for 240+ countries. Loqate corporate headquarters are in San Bruno, CA, USA. The company, founded in 2009, sells its products as components that are leveraged by software vendors, service providers, and systems integrators. Loqate has a focus on providing great technology along with unparalleled levels of support to clients and partners. The Loqate Engine enables software vendors to significantly enhance the functionality and capability of their own product offerings. For more information, see www.loqate.com.