Company Research Report: Pitney Bowes
Company Overview
Name: Pitney Bowes Inc.
Mission: No information is available
Founded: 1920
Founder: Arthur Pitney and Walter Bowes
Key People:
- Lance Rosenzweig, Interim Chief Executive Officer
Headquarters: 3001 Summer Street, Stamford, CT, 06926
Number of Employees: No information is available
Revenue: No information is available
Known For: Pitney Bowes is known for its global shipping and mailing technology solutions, logistics, and financial services. The company serves more than 90% of the Fortune 500 companies, providing tools and services to reduce the complexity of sending mail and parcels.
Products
Shipping Software
Description: Multicarrier shipping software to compare rates, print shipping labels, and save costs.
Key Features:
- Comparison of shipping rates
- Printing shipping labels or postage
- Cost-saving features
Ships
Description: Allow businesses to scale their eCommerce shipping solutions smoothly.
Key Features:
- 80+ integrations for seamless operations
- Advanced analytics for cost reduction
- Automation of workflows
Mailing Technology
Description: Solutions to send letters, large envelopes, and packages efficiently.
Key Features:
- Automatic postage savings
- Easy processing of mailings
Mailing Services
Description: Nationwide network of 30+ Presort Services operating centers to extend reach and discover discounts.
Key Features:
- Deeper postage discounts
- Enhanced reach for mailing services
Financial Services
Description: Offers a range of financial services including captive financing, postage payments, small business lending, and deposits.
Key Features:
- Custom financial solutions for businesses
- Various financial product offerings
Recent Developments
New Facility
Development: Pitney Bowes opened a new highly automated Presort Services operating center in St. Louis, MO, processing nearly 100,000 pieces of mail on its inaugural day.
Leadership Transition
Development: Pitney Bowes appointed Lance Rosenzweig as Interim CEO, who is set to drive efficiencies and simplify corporate structures.
Innovation Awards
Event: Pitney Bowes celebrated its innovative spirit with the Innovation of the Year awards 2024, recognizing groundbreaking contributions across the company.
Partnership and Integrations
Integration Offering:
- Integration with over 80 partners to meet various shipping needs, ensuring broad compatibility and service integration.
ESG (Environmental, Social, and Governance)
Commitments:
- Diversity & Inclusion: Initiatives to promote a diverse and inclusive workplace.
- Environmental Stewardship: Commitment towards reducing environmental impact.
- Communities: Active engagement in community support and development.
- Safety: Ensuring safety standards for employees.
- Ethics & Compliance: Maintaining high standards of ethical behavior and compliance.
- Governance: Transparent and responsible governance practices.
Reports:
- Access the full 2022 ESG Report covering detailed initiatives and performance.
Conclusion
Pitney Bowes continues to be a key player in the global shipping and mailing industry, known for its robust technology, financial services, and commitment to sustainability and innovation. The company is poised in a competitive position with recent leadership transitions and continuous investment in technology and operational expansions.
