04.01.2008 13:30:00
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ARC Advisory Group Names Pitney Bowes #1 Transportation Management System Supplier for Fifth Consecutive Year
Pitney Bowes Inc. (NYSE: PBI),
the world’s leading mailstream solutions
company, announced today that it has been named the leading global
supplier of transportation management systems for the fifth consecutive
year, according to a Transportation Management Systems Worldwide Outlook
study by ARC Advisory Group. The ranking is based on revenue from
software license, service, maintenance and recurring fees.
According to the study, the Transportation Management Systems (TMS)
market surpassed the $1 billion mark for the first time in 2006. Demand
for TMS is growing because companies are realizing that cost increases
and service level failures are inevitable unless they gain greater
visibility and control of their transportation operations.
"As ARC’s study
indicates, gaining greater visibility and control of transportation
operations is critical to the success of managing transportation costs
and service,” said Johanna Boller, Vice
President of Enterprise Software Product Management for Pitney Bowes
Global Mailstream Solutions. "By consolidating
our shipping products and services on our SendSuite™
platform, Pitney Bowes is providing our customers with powerful and more
efficient mailstream and package management solutions to help meet their
warehouse, mail center and desktop shipping needs.” "A key contributor to Pitney Bowes’
growth in 2006 was the successful launch of SendSuite™
Shipping Solutions,” said Adrian Gonzalez,
Director of ARC's Logistics Executive Council. "SendSuite™
fulfilled a key objective for Pitney Bowes, which brought together the
company’s shipping software capabilities for
inbound and outbound functionality onto a single platform. This
simplified the upgrade path for customers, as well as Pitney Bowes’
product development and support activities.”
The ARC Market Outlook Study, entitled "Transportation Management
Systems Worldwide Outlook: Market Analysis and Forecast Through 2011,"
reports that the market will exceed $1.5 billion by 2011, representing a
Compound Annual Growth Rate (CAGR) of 7.3 percent. This forecast was
adjusted upward from last year’s in light of
several growth factors, including continued growth in e-commerce and
international parcel shipments; and companies seeking greater control of
desktop shipping. ARC segments the TMS market into six high-level
solution types, including Planning & Execution, Parcel Shipping, and
Fleet Management. Pitney Bowes became the market leader in 2003, due in
part to its portfolio of parcel shipping, receiving, and mailstream
solutions.
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: Pitney Bowes is a mailstream technology
company that helps organizations manage the flow of information, mail,
documents and packages. Our 35,000 employees deliver technology, service
and innovation to more than two million customers worldwide. The company
was founded in 1920 and annual revenues now total $6 billion. More
information is available at www.pb.com.
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