Stibo Systems Helps RS Components to Become Information Pioneers Once Again

AARHUS, Denmark, July 25, 2013 /PRNewswire/ --

In a continuing effort to turn its business information into a strategic resource across multiple channels, Stibo Systems today announced that long time customer RS Components (RS) has successfully upgraded to the latest version of the Stibo Systems' Master Data Management (MDM) platform. As the first organisation to leverage STEP more than twenty years ago, RS has successfully used the platform to support its ongoing business growth. Using the latest version, Stibo Systems will become the key MDM enabler for the ongoing e-business centered strategy of RS Components.

"As the market and our organisation developed we came to realise that we needed to upgrade our Master Data Management solution in order to continue to keep costs at a minimum and at the same time continue to grow and maintain our high level of service for our customers," said Alan Miller, Global Head of Content at RS Components. "Based on the results and on our experience of using the STEP platform over the last two decades, we expect that the latest version of STEP will once again help us achieve our goals."

The project has been conducted in time, on budget and to a high quality assuring a smooth transition to the new STEP release. RS went live with the latest version 6.0 of STEP at the beginning of June 2013.

"The long standing partnership with RS Components is a great example of how organizations can generate value from their MDM investment and how it can be used to further their business goals," said Mikael Lyngsø, CEO of Stibo Systems. "We look forward to helping RS continue to achieve just as much benefit and profit as they did with the first STEP version more than 25 years ago." Mikael Lyngsø, Stibo Systems.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world's leading high service distributor of electronics and maintenance products. With operations in 32 countries, we offer more than 550,000 products through the internet, catalogues and at trade counters to over one million customers, shipping around 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronics, automation and control, test and measurement, electrical and mechanical components. Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2013 had revenues of £1.24bn. For more information, please visit the website at http://www.rs-components.com.

About Stibo Systems

Stibo Systems provides global organisations with a leading multi-domain 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 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, originally founded in 1794 with corporate headquarters in Aarhus, Denmark. For more information, visit http://www.stibosystems.co.uk.

For further information contact
European & APAC Marketing Manager Erasmus Holm, Stibo Systems
+45-2917-3918
erho@stibosystems.com