SWOT Analysis on Pitney Bowes
Pitney Bowes Inc. is a Stamford, Connecticut-based producer of software and hardware and a trader of services related to diploma, wrapping, mailing, and transport. It is headquartered in Stamford, Connecticut and has employed over 33,000 people. The company has more or less 28,000 employees worldwide. It is one of 87 presented firms that have been members of the S&P 500 since its configuration in 1957. In 1968 Pitney Bowes acquired the Monarch Marking System Company, which would generate the first barcode equipment for sell trade use. In 1976, the Pitney Bowes Credit Corporation was created, providing customers with financing and payment solutions. Pitney Bowes is active in providing mail processing apparatus and incorporated mail solutions. The company mainly operates in the US. The operating profit of the company was $897.1 million during FY2009, a decrease of 3.5% compared to FY2008. The net profit was $423.4 million in FY2009, an increase of 0.9% over FY2008.
Pitney Bowes SWOT Analysis
• Pitney-Bowes received an Army-Navy ‘E’ Award denoting excellence in production of crucially needed instruments of war on February 1, 1943.
• The company was listed on the New York Stock Exchange in 1950.
• Pitney Bowes’ intellectual property portfolio includes more than 3,500 patents worldwide in areas such as ticketing, cellular phone payment, shipping, laser printing, encryption and mail production and processing.
• The Intellectual Property Owners (IPO) Association has constantly ranked Pitney Bowes in the top 200 companies getting U.S. government grant. Six of these patents or government grant is held by retired Executive Chairman Michael J. Critelli.
• The turn down in revenues was due to challenging worldwide economic conditions and the negative collision of foreign money conversion.
• Clients have taken on to the truth that Pitney-Bowes just purchases an unsatisfactory amount of new discharges right away, choosing to wait at the back of a rareness of weak to purchase the size of its give at lower operating cost.
• Fortunately for Pitney-Bowes, this service is currently available as a per-screening basis.
• Pitney-Bowes is able to start of this possibility if it is flourishing in competently providing streaming satisfied to a client on a point in time practice base rather than a per-screening basis.
• Active organization could probably facilitate Pitney-Bowes to take up present suppliers of the tune-up.
• They’ll grow their business by joining their hands with nay renowned company in the state.
• If Pitney-Bowes were to drop its natural, dependable image, it might not know how to keep sufficient of the marketplace to continue to exist.
• Pitney-Bowes is less right to vie with hardware improvements such as Apple TV for the reason that it has slight to no knowledge in this region, although such improvements can finally be matching rather than competitive.
• They may have a risk of cyber attack, as it is growing day by day
• Yahoo Finance/ Pitney Bowes. (2012). Website: http://finance.yahoo.com/q?s=PBI Retrieved: 29th Oct, 2012
• Pitney Bowes, Services. (2011). Official Website: http://www.pb.com/services/ Retrieved: 29th Oct, 2012
• Research and Markets, Pitney Bowes SWOT Analysis. (2010). Website: http://www.researchandmarkets.com/reports/481560/pitney_bowes_inc_swot_analysis Retrieved: 29th Oct, 2012