Terry Coyne returns to enterprise IT at Stibo Systems
After just over a year, Terry Coyne has left Landscape Group, the HP managed print provider and is going back to IT solutions which he has specialised in for the past 30 years, latterly at Sword Group. Coyne in December joined Stibo Systems, a global leader in master data management (MDM) software as senior business development executive covering UK, Benelux and Nordics.
With 600 people in 18 countries and 30% year-on-year growth, Stibo Systems helps clients to create a central repository for their data instead of siloed systems across multiple departments, competing in the same space as the likes of enterprise software giant SAP. Clients include household names such as KraftHeinz, John Lewis, MasterCard, Sony and Toyota. For the past three years they have ranked as leaders in Gartner’s MDM Magic Quadrant.
Coyne said “The world of managed print was a step too left field for me. It was great reconnecting with some of my valued clients, partners and friends in legal, and everyone was very supportive but I am delighted to be getting back into enterprise IT. I have joined Stibo Systems at a time of huge growth, not only in their business but in the MDM space, which is set to grow at over 27% CAGR between 2016 and 2024, fuelled to some degree by the recent explosion of data.
“What I really admire about Stibo Systems is the combination of innovation and success underpinned by strong culture and values for their employees and clients. They regularly take on – and beat – giants such as Informatica, Oracle and SAP.”
Stibo Systems is part of the Stibo Group, a Danish headquartered company that is run as a private foundation; a model embraced by the likes of Carlsberg that means a large proportion of a company’s profit is reinvested into R&D and given to charity and it is less likely to become involved in distracting M&A activity.
Coyne adds: “It is a compelling story and I am very excited about helping them to grow even further.”