Pitney Bowes Forges Partnership With Alpine Consulting

Pitney Bowes Inc. (NYSE:PBI) announced a new strategic alliance with Alpine Consulting, a trusted technology integration partner, in a concerted bid to broaden its footprint as it prepares to launch a new suite of vertical solutions.

Alpine Consulting will go to market with Pitney Bowes’ Single Customer View solution straight away. The solution – launched in March – is aimed to aid companies in deepening their perception and understanding of customers in the Digital Era.

Alpine Consulting is a high-value solution partner that specializes in providing and deploying Risk, Threat, Fraud & Compliance technology solutions.The firm assists clients in implementing technologies quickly and efficiently, minimizing internal costs and expediting time-to-market.

The Single Customer View solution helps firms devise, deliver and develop contextually-relevant views about a customer in real time. This process works across all channels of engagement, whether the customer is a consumer, citizen, organization, patient, or potential fraudster.

The solution leverages Pitney Bowes’ established customer engagement, location intelligence and data quality technologies, and uses analytics to identify hidden business and revenue potential for clients.

Gradually, Alpine Consulting will spread out to sell solutions built on Pitney Bowes’ proven technologies which tackle other common data management challenges. Thereafter, Alpine Consulting will employ its intellectual capital to engagements to devise strategies with clients for AML/Fraud detection and Watchlist Management.

Alpine Consulting’s expertise will unlock significant value and drive growth for Pitney Bowes’ new vertical offerings.

Despite robust market traction and significant products in the pipeline, incremental marketing expenses related to new advertising campaign are posing a major challenge for the company. Also, deteriorating market conditions in the technology industry is affecting its software business materially. Currency headwinds also remain a major threat for this Zacks Rank #4 (Sell) company’s financial performance in the coming quarters.

Some better-ranked stocks in the broader computer & technology sector include Identiv, Inc. (NASDAQ:INVE) , Internet Initiative Japan Inc. (NASDAQ:IIJI) and Blucora, Inc. (NASDAQ:BCOR) , each carrying a Zacks Rank #2 (Buy).