Pitney Bowes Inc - Company Profile
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Business Description
Pitney Bowes Inc (Pitney Bowes) is a provider of technology, logistics, and financial services. The company provides mailing equipment and software, e-commerce and retail solutions, package tracking solutions, and delivery services to small and medium sized businesses and large enterprises. It offers 90% of the Fortune 500, retailers, and government clients.
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R&D Overview
Pitney Bowes R&D arm focuses on developing new products and solutions, enhance the effectiveness and functionality of existing products and solutions, and deliver high-value technology and differentiated services. The company’s R&D facilities are located in Noida and Pune, India, Bielsko-Biala, Poland, Austin, Texas, and Shelton, Connecticut. In FY2023, the company incurred expenses of US$41.4 million on R&D, which as a percentage of revenue, stood at 1.2%.
Business Segments
Overview
Offers domestic parcel services, cross-border services, and digital delivery services. Operates numerous domestic parcel sortation centers.
Performance
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Overview
Provider mail sortation services to qualify large volumes of first-class mail, marketing mail, and marketing mail flats and bound printed matter for postal workshare discounts to clients.
Performance
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Overview
Offers physical and digital mailing and shipping technology solutions to help simplify and save on the sending, tracking, and receiving of letters, parcels, and flats. Provides supplies and maintenance services.
Performance
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Geographical Segments
Performance
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Performance
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