Named Top 10 Solution Provider to CGS
Embargoed Release: 07:00hrs Thursday 3rd March
SOPHEON PLC
("Sopheon" or "the Company")
Sopheon Named Top-10 Solution Provider to Consumer Goods Markets
Sopheon, the international software and services company, announced today that it has been named one of the top ten suppliers of new product development and introduction solutions to manufacturers in the consumer goods sector based on a survey of senior-executive readers of CGT (Consumer Goods Technology) magazine. CGT's Readers' Choice recognition reflects the number of consumer goods companies using Sopheon's product lifecycle management software and their ratings of the quality of their experience with those solutions.
CGT's Readers' Choice poll is designed to identify the solutions and services most highly valued and widely used by consumer goods manufacturers across 10 categories. Participants are asked to name the provider they currently use in each applicable category and rate their experience with those suppliers. Executives from 122 consumer goods companies participated in the 2011 survey.
Consumer goods manufacturers use Sopheon's software to increase revenues and profits from new products. The company's Accolade® solution enables end-to-end governance of the innovation process, including strategic roadmapping, idea development, product portfolio management and gated-process execution. More than forty percent of Sopheon's current customers are in the consumer goods sector. Among them are many of the largest and most innovative companies in the industry, including such well-known brands as PepsiCo, Heinz, ConAgra, Burger King, SABMiller, Electrolux, Beiersdorf, Owens Corning, Dr Pepper Snapple Group, Briggs & Stratton, Freudenberg, Land O'Lakes and Rich Products.
"CGT's Readers' Choice recognition is particularly meaningful to us because it is based on the judgments and feelings of our customers," said Ed Herzog, vice president of consumer goods market development for Sopheon. "On the one hand, it's a measure of the value and popularity of our solutions. But we believe that this recognition also mirrors our hard work toward making sure that every company that chooses our software comes to view us as a partner in their innovation efforts. We are grateful that so many consumer goods manufacturers have entrusted us with the opportunity to support them on their innovation journey."
For more information on CGT's 2011 Readers' Choice Awards, visit www.consumergoods.com.
Accolade® is a registered trademark of Sopheon plc.
All other trademarks and registered trademarks are the sole property of their respective owners.
For further information contact:
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Barry Mence, Chairman |
Sopheon plc |
Tel : + 44 (0) 1483 685 735
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Arif Karimjee, CFO |
Sopheon plc |
Tel : + 44 (0) 1483 685 735
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Charles Cunningham/ Charlotte Stranner
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finncap Limited |
Tel: +44 (0) 20 7600 1658 |
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Nicholas Nelson / Guy McDougall |
Hansard Communications |
Tel : + 44 (0) 20 7245 1100
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Floor van Maaren |
Citigate First Financial |
Tel : + 31 (0) 205 754 010
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About CGT Magazine
CGT (Consumer Goods Technology) magazine is the leading resource for consumer goods decision-makers looking to improve business performance. Delivering content in print, online, and face-to-face, CGT reaches an audience of more than 58,000 consumer goods executives ranging from managers and directors to VPs and CIOs. CGT covers all major segments of the consumer goods sector, including food, beverage, packaged goods, and apparel and footwear. For more information, please visit www.consumergoods.com.
About Sopheon
Sopheon (LSE:SPE) is an international provider of software and services that help organizations improve the business impact of product innovation. Sopheon's solutions automate and govern the innovation process, enabling companies to increase revenue and profits from new products. Sopheon is listed on the AIM Market of the London Stock Exchange and on the Euronext in the Netherlands. For more information, please visit www.sopheon.com.
This information is provided by RNS