Profile: Pitney Bowes Inc (PBI.N)
22 Mar 2017
Pitney Bowes Inc., incorporated on April 23, 1920, is a global technology company. The Company offers customer information management, location intelligence and customer engagement products and solutions to help its clients market to their customers, and shipping, mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe. The Company's segments include Small & Medium Business Solutions (SMB), Enterprise Business Solutions and Digital Commerce Solutions. The SMB segment includes North America Mailing and International Mailing business. The Enterprise Business Solutions segment includes production mail and presort services business. The Digital Commerce Solutions segment includes software solutions and global e-commerce business. The Company markets its products and services through a direct and inside sales force, direct mailings, telemarketing, independent dealers and distributors and Web channels. The Company sells its products to a range of business, governmental, institutional and other organizations, and in its e-commerce business, the Company sells its products to consumers. The Company has a client care service organization that provides telephone, online and on-site support to diagnose and repair its mailing equipment, production printers and software solutions.
Small and Medium Business Solutions
The Company is engaged in providing a range of equipment, software, supplies and services that enable its clients to create physical and digital mail, evidence postage and print shipping labels for the sending of mail, flats and parcels. The Company's North America operations include the United States and Canadian businesses. Its International operations include all other SMB businesses globally. The Company also focuses on providing its online offerings without a hardware component. As of December 31, 2016, the Company provided mailing systems globally with approximately 1.2 million meters installed around the world.
Enterprise Business Solutions
The Company's Enterprise Business Solutions group includes equipment and services that enable large enterprises to process inbound and outbound mail. The Company's products include inserting equipment, sortation products for mail and parcels and high-speed digital color printing systems. The Company is a national outsource provider of mail presort services for First-Class, Standard, flat and parcels in the United States and a workshare partner of the United States Postal Service (USPS). During the fiscal year ended December 31, 2016, it processed approximately 15 billion pieces of mail annually through its network of operating centers throughout the Unites States. The Company offers sortation services for parcel mail.
Digital Commerce Solutions
The Company provides a range of solutions, including customer information management, location intelligence, customer engagement software and shipping management and cross border e-commerce solutions for a range of businesses. These solutions are delivered as traditional software licenses, enterprise platforms, software-as-a-service (SaaS) or on-demand applications. The Company offers customer information management solutions. The Company's location intelligence solutions use predictive analytics, location, geographic and socio-demographic characteristics. Its customer engagement solutions provide clients with insight and understanding into customer behavior and interactions across the entire customer lifecycle. The Global Ecommerce business includes its cross-border e-commerce solutions, and retail and warehouse shipping management solutions. The Company offers a commerce platform of capabilities for cross-border, marketplaces and shipping that center around the consumer. Direct merchants, as well as online marketplaces utilize its cross-border e-commerce software platforms. Its platform also connects retailers to marketplaces around the world. The Company also offers shipping management solutions. The Company also offers shipping solutions that can be integrated into mail centers for the office market.
Pitney Bowes Inc
Pitney Bowes Inc,3001 Summer Str
STAMFORD CT 06926-0700
Company Web Links
- BRIEF-Pitney Bowes files for potential mixed shelf offering
- BRIEF-ECOMDASH ANNOUNCES STRATEGIC PARTNERSHIP WITH PITNEY BOWES
- BRIEF-Pitney Bowes Q4 adjusted earnings per share $0.53
- BRIEF-Pitney Bowes Parcel Shipping Index forecasts a 20 pct increase in volume by 2018
- BRIEF-Pitney Bowes Q3 adjusted earnings $0.44/shr