Category: United States

  • 2012 National Patient Experience Study

    Patient Satisfaction Influenced More by Hospital Staff than by the Hospital Facilities

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 04 September 2012 — In an era in when hospitals compete for patients by boasting the latest clinical technology, the most prestigious physicians and impressive amenities, patient satisfaction is most influenced by human factors, especially superior service-related communication skills between hospital staff and patients, according to the JD Power and Associates 2012 National Patient Experience StudySM released today.

    The study measures patient satisfaction across all areas of the inpatient and outpatient hospital experience, including: interactions with healthcare professionals; tests and procedures; admission and discharge; and facility environment. It serves as a benchmark for the JD Power and Associates Distinguished Hospital Program.SM This distinction program acknowledges high levels of performance by a hospital in achieving an “outstanding” inpatient, emergency department, cardiac, maternity or outpatient experience.  

    The study finds that recently-hospitalized patients have high levels of overall satisfaction. Overall patient satisfaction with their inpatient hospitalization averages 825 index points on a 1,000-point scale, similar to that of guests at luxury hotels, among whom satisfaction averages 822.1 In outpatient settings, overall patient satisfaction is higher, averaging 863. However, patient satisfaction dips to 788 for emergency department visits.

    “Hospitals may attempt to attract patients and staff by adding equipment or sprucing up their facilities,” said Rick Millard, senior director of the healthcare practice at JD Power and Associates. “From the perspective of patients, it might be more worthwhile to invest in finding and keeping staff with superior interpersonal skills.”

    Investments in staff can be overlooked, as Millard notes many hospitals have spent a lot of money in recent years to make their facilities look and feel more like hotels. Yet, facility characteristics are more important for hotels than for hospitals.  For upscale hotels, the facility accounts for nearly one-half (48 percent) of guests’ overall satisfaction, while in an inpatient setting the hospital facility represents just 19 percent of patients’ overall satisfaction.  

    “Having an appealing hospital facility matters, but an experienced and socially skilled staff has a greater impact on patient satisfaction,” said Millard. “Personal interactions with the staff have a profound impact in both inpatient and outpatient settings.”

    Doctors and nurses account for 34 percent of the overall experience ratings for inpatients, and their influence is even higher (43%) among patients in emergency settings. Among outpatients, doctors and other healthcare professionals represent 50 percent of their overall experience.

    Solid interpersonal skills are especially necessary for handling the types of problems that may arise during hospitalization. When problems do occur, they may jeopardize patient satisfaction. According to the study, staff service and staff attitude are the most common types of problems that patients experience. Patients who say they had any problem with their room or hospital staff rate their overall experience a 5.3 a 10-point scale, compared with 8.7 among patients that did not experience any problems.   

    “When problems occur, they produce opportunities to demonstrate a genuine interest in the patient’s needs,” said Millard. “Resolving problems is clearly associated with higher ratings by patients. This has become more important as hospital reimbursement is now linked to patient satisfaction as measured by the government through the HCAHPS [Hospital Consumer Assessment of Healthcare Providers and Systems] survey.”

    Millard notes that one area where hospitals can learn from hotels is how transitions occur. The admission and discharge process in hospitals is analogous to check-in and check-out in the hotel industry. Among inpatients, 35 percent of the overall patient experience is predicted by the admission and discharge process; yet the impact is much less in emergency and outpatient settings, where it is 19 percent and 12 percent, respectively.

    “The first and last impressions are very important for a patient, much like they are for hotel guests,” said Millard. “Getting a patient into a room quickly at the start of their hospital stay, and ensuring a smooth process during discharge, along with a follow-up call once the patient gets home to make sure they’re doing okay, goes a long way toward achieving high satisfaction.”

    Nongovernmental, acute-care hospitals throughout the nation are eligible for the JD Power and Associates Distinguished Hospital recognition program. Recognition is valid for one year, after which time the hospital may reapply. The service excellence distinction is determined by surveying recently discharged patients regarding their perceptions of their hospital experience and comparing the results to the national benchmarks established in the National Patient Experience Study.

    The 2012 National Patient Experience Study is based on responses gathered between December 2011 and March 2012 from more than 10,275 patients who received care in inpatient, emergency or outpatient facilities in the United States.

    1 JD Power and Associates 2012 North America Hotel Guest Satisfaction Index StudySM

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 U.S. Multimedia Quality and Satisfaction Study

    Premium-Branded Audio Systems Have the Greatest Positive Impact On Vehicle Owner Satisfaction with Multimedia Systems

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 30 August 2012 — Premium-branded audio systems as well as features like satellite radio and navigation systems drive higher satisfaction with multimedia systems among vehicle owners, according to the JD Power and Associates 2012 U.S. Multimedia Quality and Satisfaction StudySM released today.

    The study evaluates owner quality, satisfaction and their experience with the features of their new-vehicle multimedia system. Study findings assist automakers and suppliers in improving the design and manufacture of audio, entertainment and navigation systems, which are increasingly important to new-vehicle owners. Problems are measured per 100 vehicles (PP100), with a lower PP100 score indicating higher quality.

    Upgrades to multimedia systems positively impact satisfaction. Satisfaction among vehicle owners who opt for a premium-branded audio system (8.4 on a 10-point scale) is more than one point higher, on average, than among those who do not select this option (7.3). Of the 53 percent of vehicle owners that have a premium-branded audio system in their vehicle, 96 percent also want it in their next vehicle. In addition, four other multimedia features positively impact satisfaction by at least one-half a point. The top five features that most positively impact satisfaction are:

    1. Premium-branded audio system             
    2. Steering wheel controls for audio system     
    3. Satellite radio                     
    4. Navigation system                 
    5. MP3-capable CD player             

    “The positive impact on satisfaction with more premium audio features and options demonstrates vehicle owners’ desire for more advanced, functional and personalized media technologies,” said Mike VanNieuwkuyk, executive director of global automotive at JD Power and Associates. “As overall customer interest in new media technologies grows, so do expectations for having these technologies in their next vehicle, leaving older technologies by the wayside. This shift in expectations is evident in the top five features that most positively impact satisfaction.”

    The number of problems vehicle owners experience with their multimedia system has increased year over year. The study finds that the total multimedia problems vehicle owners reported are up slightly to 7.0 PP100, on average, compared with 6.9 PP100 in 2011. Problems associated with navigation systems have also increased. Specifically, problems with the navigation system map information missing/wrong directions/screen in poor location have increased by 0.1 point to 1.5 PP100 from 2011, while problems associated with the navigation system freezing up have increased by 0.3 point to 0.7 PP100 from 2011.

    “Navigation systems are constantly being upgraded, and as new layers of interaction and information are added, the more complex these systems become,” said VanNieuwkuyk. “Compared with other areas of the multimedia system, navigation systems are evolving the most and in the quickest amount of time, which leads to growing pains and increased problems.”

    Multimedia Quality Rankings

    Panasonic Automotive Systems Company of America ranks highest in the AM/FM/single CD player segment with a score of 3.5 PP100. Delphi Automotive and Clarion follow in the rankings with 3.7 PP100 and 3.9 PP100, respectively.

    In the AM/FM/single CD player/satellite radio segment, Continental Automotive ranks highest with a score of 3.5 PP100. Delphi Automotive and Panasonic Automotive Systems Company of America follow in the rankings in a tie with 4.6 PP100 each.

    Bosch ranks highest in the AM/FM/single CD player/satellite radio/navigation segment with a score of 7.9 PP100. Mitsubishi Electric Automotive America, Inc. (8.8 PP100) and DENSO Corporation (9.4 PP100) follow in the rankings.

    The 2012 Multimedia Quality and Satisfaction Study is based on responses from more than 74,000 new-vehicle owners who purchased or leased a 2012 model-year vehicle. The study was fielded between February and May 2012. Twenty-eight multimedia permutations are evaluated, which include different combinations of the following systems: AM/FM radio; cassette player; single CD player; multiple CD changer; navigation system; and satellite radio. Multimedia system suppliers are ranked based on the number of problems experienced per 100 vehicles (PP100) in three segments: AM/FM/single CD player; AM/FM/single CD player/satellite radio; and AM/FM/single CD player/satellite radio/navigation.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 Walk-Behind Lawn Mower Satisfaction Report

    While Personal Experience Influences Their Shopping Approach, Walk-Behind Lawn Mower Customers Purchase Based on Price

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 30 August 2012 — Customers use personal experience and recommendations when they shop for a walk-behind lawn mower, but many purchase based on price, according to the JD Power and Associates 2012 Walk-Behind Lawn Mower Satisfaction ReportSM released today.

    The report measures customer satisfaction with walk-behind lawn mowers by examining six key factors (listed in order of importance): durability; ease of operating; performance; ease of maintenance; competitiveness of price paid; and warranty. The report is designed to provide information that helps customers with purchase decisions, as well as to assist lawn mower manufacturers in their efforts to improve customer satisfaction.

    When shopping for a walk-behind lawn mower, 53 percent of customers cite past experience with lawn mowers as their primary source of information, followed by recommendations from a friend or family member (30%) and the in-store display (29%). However, 67 percent of customers say price was the most important consideration when selecting their walk-behind lawn mower.  Brand reputation was the second most important consideration, cited by 61 percent of customers. 

    Only 16 percent of those considering a walk-behind lawn mower visited the manufacturer’s website and 14 percent viewed the retailer’s website before making their purchase.  In addition, only 18 percent used advertising as a resource in their shopping process. 

    “Heavy reliance on past experience and recommendations shows that, in most cases, customers start the shopping process with a small number of brands in mind,” said Sara Wong Hilton, a director at JD Power and Associates. “However, when actually making the purchase, price is what ultimately sways their decision on which brand and model they select.”

    The report finds that among walk-behind lawn mower owners, nine in 10 say they “definitely will” or “probably will” recommend their lawn mower to a friend, relative or colleague. This high rate of advocacy may be explained by the 89 percent of owners who experienced zero problems with their walk-behind lawn mower.

    John Deere ranks highest in satisfying owners of walk-behind lawn mowers, achieving a score of 859 (on a 1,000-point scale). John Deere performs particularly well in three of six factors: durability, ease of maintenance and warranty. Toro (858) and Troy-Bilt (852) follow John Deere in the rankings. Toro achieves a particularly high score in performance while Troy-Bilt performs particularly well in ease of operating and competitiveness of price paid.

    JD Power and Associates offers the following lawn mower shopping and ownership tips to consumers:

    • Before beginning the shopping process, consider your budget and the size of your lawn. If your lawn is larger than one-third of an acre, you’ll likely want to consider a riding lawn mower. Also, make sure you have a place to store your new mower, preferably indoors or under cover.
    • If you’re buying online, make sure to include shipping costs in the price of your new mower. Electric mowers will be less expensive to ship because they are lighter and smaller. Also, consider shopping at a lawn mower dealer, rather than a big-box retailer. Dealers generally have a higher level of expertise in both sales and service.
    • Look for end-of-season deals. As summer draws to a close, many stores are looking to clear out unsold inventory. If you shop around, you may find a great deal on a new mower for next year.
    • If you’re having difficulty getting your mower started after a long period of non-use (following winter, for example), consider replacing the gasoline, or, when storing it for long periods or at the beginning of winter, add a fuel stabilizer. Also, change the oil and air filter, sharpen the blades and have your mower serviced regularly, just as you would your car or truck.

    The 2012 Walk-Behind Lawn Mower Satisfaction Report is based on responses from more than 800 owners who purchased a new lawn mower within the past 12 months. Invitations to participate in the online survey were sent via e-mail to online panelists in August 2012. JD Power and Associates received completed questionnaires through August 15, 2012.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 Digital Lifestyle Study

    Consumers Express High Level of Interest in Digital Lifestyle Packages

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 26 October 2012 — Consumers are interested in digital lifestyle offerings that aggregate a wide array of service types–such as their telecommunications, cable, Internet, home security system and home energy management–and are comfortable purchasing these services from one company, according to the JD Power and Associates 2012 Digital Lifestyle StudySM released today.

    The inaugural study examines customer brand loyalty, propensity to subscribe to and preferences for aggregation of their telecommunications, entertainment and home energy management services from one provider. Referred to as a digital lifestyle service package, this integration of services  is invoiced on a single bill and allows customers to digitally monitor and control several aspects of their lives simultaneously from their computer or handheld device, such as smartphone, game console or tablet.  

    While a majority of consumers are open to offerings that incorporate a wide array of service types, if the offering focuses heavily on a particular type of service, they prefer purchasing such product from a vendor with experience in that service field.

    “Consumers are looking for a way to consolidate invoicing and to manage their lives with easy-to-use digital packages,” said Frank Perazzini, director of telecommunications at JD Power and Associates. “The challenge for consumers is finding an economically attractive service package that meets the feature and functional needs of their household.”

    Among study respondents, 45 percent indicate they would choose a digital lifestyle package from a cable provider, while 19 percent would select a telecommunications company; 17 percent a security provider; and 10 percent an energy provider. While cable-based digital lifestyle packages are preferred on an overall basis, they are particularly appealing to individuals and families renting an apartment or home. Renters choose a cable provider 48 percent of the time, compared with 43 percent among homeowners.  

    In addition, rather than rent a lifestyle package from a provider, 6 percent of respondents indicate they would rather purchase a system from a home electronics or home improvement retailer and install it themselves. The study finds that Gen X and Gen Y1 consumers are among those most willing to tackle a do-it-yourself project rather than having the system professionally installed.

    “The opportunities associated with home automation represent a tremendous opening for several industries,” said Perazzini. “Companies that are first to market are poised to gain the most from the convergence of these technologies. The key to the success of these integrated packages will be minimizing customer discomfort during the transition process–no surprise charges and no compromises in service, particularly where at least some of the existing service must be moved from another provider, such as a security alarm company.”

    “Our research indicates that energy management is becoming an important pillar in the market for digital lifestyle services,” said Christopher Perdue, director of the smart energy practice at JD Power and Associates. “These services may draw new customers, increase retention among current customers, and lead to new recurring revenues. There is huge value in information, and many companies are looking at ways to leverage consumer data to drive the next wave of energy management solutions.”

    While digital lifestyle packages are likely to offer a variety of pricing options and payment plans, a majority of consumers would prefer a pricing plan that offers a lower price up front and a monthly fee, as opposed to a higher price up front with no monthly fee or to pay nothing up front but pay a monthly fee.

    The 2012 Digital Lifestyle Study is based on responses from more than 18,000 online panelists who are responsible for making their household decisions regarding home telecommunications, security and energy services.  The study was fielded in October 2012.

    [1] JD Power and Associates defines Generation X consumers as born 1965-1976, and Generation Y consumers as born 1977-1994.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; JD Power and Associates; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 October Automotive Forecast

    October New-Vehicle Retail Selling Rate Expected to Remain above 12 Million Units

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 25 October 2012 — New-vehicle retail sales in October continue the robust pace from September, with another month of strong double-digit year-over-year growth, according to a monthly sales forecast developed by JD Power and Associates’ Power Information Network® (PIN) and LMC Automotive.

    Retail Light-Vehicle Sales

    October new-vehicle retail sales are projected to come in at 943,200 units–a 13 percent increase in volume, compared with October 2011–which represent a seasonally adjusted annualized rate (SAAR) of 12.0 million units. The forecasted selling rate in October is the second consecutive month above 12 million units, the first time that has occurred since April and May 2008. Retail transactions are the most accurate measurement of true underlying consumer demand for new vehicles.

    “The October retail sales pace is solidifying an accelerating recovery in the automotive market,” said Deirdre Borrego, vice president and general manager of U.S. Automotive Operations at JD Power and Associates. “Each month, we’re seeing stronger signs of a healthy market, not only in terms of sales volumes, but also in dealer inventories, transaction prices and incentive levels.”  

    U.S. Retail SAAR–October 2011 to October 2012
    (in millions of units)

     

    Total Light-Vehicle Sales

    Total light-vehicle sales in October are projected to increase by 11 percent from October 2011, with volume at 1,134,800 units. Fleet sales in October are expected to represent 17 percent of total sales, which is slightly below the 5-year average of 19 percent for October and indicative of automakers continuing to manage production levels.

    JD Power and LMC Automotive U.S. Sales and SAAR Comparisons

    1Figures cited for October 2012 are forecasted based on the first 17 selling days of the month.

    Sales Outlook

    LMC Automotive is increasing its outlook for total light-vehicle sales in the United States to 14.4 million units in 2012 from its previous forecast of 14.3 million units. The retail sales forecast is also revised upward to 11.7 million units from 11.6 million units. The forecast for 2013 remains 15 million units for total light-vehicles and 12.3 million for retail sales.
     
    “It is becoming clear that the U.S. automotive market is finally approaching a stage of a more natural level of demand, which has been accelerated by increasing consumer confidence and a need  to replace aging vehicles,” said Jeff Schuster, senior vice president of forecasting at LMC Automotive. “This stability at a higher level is taking the edge off the risk factors for the remainder of 2012 and into 2013, as the U.S. economy wrestles with the European crisis. There is further upside potential for 2013 if the level of demand continues to outpace the risk factors post-election.”
     

    North American Production

    North American light-vehicle production volume is up 20 percent throughout the first three quarters of 2012, compared with the same period in 2011, and continues to be one of the economy’s bright spots, particularly in the U.S. market. More than 1.9 million additional vehicles have been manufactured in 2012 through September, highlighting the progress achieved from last year’s challenging production environment.

    Although vehicle inventory in early October climbed slightly to a 58-day supply, compared with 57 days in September, it remains below the 60-day threshold. Both car and truck inventories are up slightly as well. Car inventory has risen to a 51-day supply from 50 days in September, while truck inventory has increased to a 65-day supply from 64 days.

    Based on the recent strong level of demand (North American sales are up 13 percent through September this year), the 2012 North American production forecast has been increased to 15.3 million units (from 15 million in the previous forecast), a 17 percent increase from 2011. The increase reflects the need for higher production volume in the fourth quarter to maintain current inventory levels. The North American production forecast for 2013 is expected to approach 16.0 million units, the first time since 2002 that North American production has reached that level.

    “Production levels in North America have crossed over the psychological barrier of 15 million units, and now there’s no looking back,” said Schuster. “Strong demand fundamentals in the short term, combined with resourcing of imported vehicles and growth in exports, will serve as the growth engine for increased volume, providing that the automotive supply base moves forward with needed investment in both capital and the workforce.”

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; JD Power and Associates; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 Smart Pulse Study and 2012 Customer Engagement Strategies Study

    Utilities Face Consumer Awareness and Engagement Challenges with Smart Meters and Related Technologies

    1970-01-01

    jdp-root

    WESTLAKE VILLAGE, Calif.: 24 October 2012 — While many of the smart meter products and services utilities provide encourage their customers to actively participate in managing their energy costs, utilities still face challenges to smart meter introduction in the marketplace, according to the JD Power and Associates 2012 Smart Pulse StudySM and 2012 Customer Engagement Strategies StudySM released today.

    The inaugural Smart Pulse Study examines key customer engagement indicators–such as smart grid and smart meter awareness levels; smart meter installation satisfaction levels; and customer adoption levels of products and services–among residential utility customers who have a smart meter installed. Respondents interviewed for this study are customers of utilities that have a smart meter installation rate of at least 85 percent.

    While still being rolled out by many utility companies across the United States, smart meters have been met with both enthusiasm and concern from customers and media alike. Customer perception challenges exist not only with the smart meter monitoring technology, but also with how well utilities communicate with customers regarding smart meters and their benefits, both before and after installation.  

    “The customer communication and education efforts of utility companies are an integral part of any smart meter technology initiative,” said Christopher Perdue, director of the smart energy practice at JD Power and Associates. “Ensuring that customers are knowledgeable of smart meters and that their questions are answered has a great impact on customers’ favorability toward their utility company.”

    Slightly more than one-third (36%) of customers surveyed for the study are unaware of any smart meter efforts made by their utility company, while the remaining 64 percent are aware of some effort, whether it be regarding smart grid, smart meters only, or both smart grid and smart meters. However, not all utility companies excel in raising awareness of their smart meter efforts, as there is a gap of 56 percentage points between the highest and lowest levels of customer awareness (84% vs. 28%, respectively).

    The study finds that customers of Georgia Power, PPL Electric Utilities, Portland General Electric and SMUD have the most positive opinions of their utility after smart meter installation.

    The method through which customers receive information from their utility also impacts both awareness levels and sentiment toward their utility. Among customers who receive smart meter information via text message or the utility’s blog, more than 50 percent say they have a more positive opinion of their utility than those who do not receive text messages. Among customers who receive information via other communication channels, such as bill inserts, door hangers and direct mail, more than 60 percent say the information did not change their opinion of the utility.

    “The top four methods of smart meter communications that have the most positive impact on customer opinion are mobile- and Web-based, indicating that customers want quick and easy accessibility to the information, as well as the potential for interaction with the utility, if desired,” said Perdue.
     
    Looking forward to forthcoming technologies and customer interaction methods, the 2012 Customer Engagement Strategies Study measures the effectiveness of smart energy educational messaging aimed at motivating customers to enroll in Green Button1 online accounts, and social gaming strategies designed to reward customers for reducing unnecessary electricity use.

    The study tests Green Button educational communications, identifies their comparative impacts on customer enrollment, and defines optimal communication platforms for targeting discrete customer segments. The study also identifies the positive impacts of educational communications on utility brand image, such as perceived customer focus and innovativeness, underscoring the business value of effective communications.

    However, motivating customers to enroll in Green Button initiatives is just the first step. The study also focuses on how companies might then incentivize their customers to use the energy information to reduce usage or demand. The study tests the effectiveness of social gaming strategies as incentives for motivating customers to save energy in pursuit of reward points, prizes and recognition.

    “The utility industry is beginning to employ game mechanics as a supplement to traditional energy efficiency incentives,” said Peter Shaw, senior director of the energy practice at JD Power and Associates. “Our research identifies the power of individual rewards and community-based competitions to motivate smart energy behavior. We expect gamified energy conservation and demand response to grow as an instrument in the smart energy utility’s toolbox.”
     
    The 2012 Smart Pulse Study is based on 9,368 online interviews conducted from August 29, 2012, through September 10, 2012, among residential customers of 17 electric utility brands across the United States and Canada in which at least 85 percent of customers have a smart meter installed.

    The 2012 Customer Engagement Strategies Study is based on 16,712 online interviews conducted from September 10, 2012, through September 23, 2012, among residential customers of 70 U.S. electric utilities that represent all of the industry’s leading electric utility brands.

    [1] Green Button refers to a new generation of utility programs that give customers access to their electricity usage information in a standardized format, via the utility website.

    About JD Power and Associates
    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies
    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:
    Jeff Perlman; Brandware Public Relations; Woodland Hills, Calif.; (818) 598-1115; [email protected]
    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 Automotive Mobile Site Study

    Nearly One-Third of In-Market Automotive Shoppers Use a Mobile Phone to Shop for a Vehicle

    1970-01-01

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    WESTLAKE VILLAGE, Calif.: 23 October 2012 — Smartphones are quickly becoming a major source of information among in-market automotive shoppers, according to the JD Power and Associates 2012 Automotive Mobile Site Study.SM

    The study examines the features and content of automotive manufacturer mobile websites and their usefulness in engaging shoppers who use a mobile phone during their vehicle-shopping process. The study assists manufacturers in developing mobile sites that meet the needs of an ever-growing population of online shoppers who use smartphones in their vehicle-shopping process.

    In 2012, 31 percent of in-market vehicle shoppers have visited automotive websites via their smartphone, compared with 24 percent in 2011 and 17 percent in 2010. These same shoppers access third party sites and manufacturer sites at similar rates (69% and 68%, respectively). Additionally, more than one-half (53%) of these in-market shoppers access automotive content while physically at the dealership.

    “As shoppers increasingly use their mobile device to gather information during the shopping process and even at the point of purchase, the importance and value of mobile websites to both manufacturers and shoppers alike grow exponentially,” said Arianne Walker, senior director of media and marketing solutions at JD Power and Associates.

    The top five types of information shoppers seek on mobile automotive websites are:

    1. Vehicle pricing (66%)
    2. Model information (54%)
    3. Photo galleries (53%)
    4. Vehicle reviews/ratings (52%)
    5. Compare vehicles (47%)

    In just two years, automotive manufacturers have dramatically shifted the design, layout and navigation of their website in order to keep up with online shopper usage and mobile device sophistication. Previously, many mobile websites were text-based, with linear layouts and small text links that were designed for trackball and cursor navigation. In 2012, manufacturer sites that perform particularly well in appearance and navigation feature large, dynamic images and links that are suitable for touch-screen use. Additionally, current mobile websites host notably more content, replicating much of the desktop/laptop and tablet versions of websites that make the important content readily accessible anytime and anywhere.  Previous mobile websites featured limited content as a supplement to desktop websites.

    Although the percentage of shoppers using mobile websites to search for information during the shopping process has increased, satisfaction with mobile websites is not nearly as high as with tablet and desktop/laptop versions of manufacturers’ websites. Overall satisfaction with mobile sites is 767 (on a 1,000-point scale), compared with 818 for desktop/laptop and 824 for tablet versions of manufacturer websites.

    “As usage trends continue to shift, mobile website developers are challenged to bring satisfaction up to par with that for other devices,” said Walker. “Many of these challenges involve providing the content that shoppers want without sacrificing speed, consistency and ease of navigation, as well as providing a visually appealing site for smaller screens.”

    Automotive Mobile Site Rankings

    Acura and Kia rank highest in the study in a tie, each with a score of 794. Acura performs particularly well in information/content, while Kia performs particularly well in speed and appearance. Following Acura and Kia in the rankings are Mazda (789); GMC (787); and Jaguar and Ram in a tie (785).

    The 2012 Automotive Mobile Site Study includes 9,131 evaluations of automotive mobile websites from vehicle shoppers who intend to purchase or lease a vehicle within the next two years. The study was fielded in August 2012.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; JD Power and Associates; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2011 U.S. Sales Satisfaction Index (SSI) Study

    Customer Satisfaction with New-Vehicle Sales Experience Improves Significantly, Despite Lengthier Sales Process

    2012-10-22

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    Customer satisfaction with the new-vehicle sales experience has improved notably from 2010, according to the JD Power and Associates 2011 U.S. Sales Satisfaction Index (SSI) Study.SM The study, based on survey responses from verified new-vehicle owners, is a comprehensive analysis of the purchase experience that measures satisfaction with the selling dealer. It also measures satisfaction with brands and dealerships that were shopped but ultimately rejected.

    2011 Lexus GS 460Among buyers, satisfaction is examined across four measures: working out the deal (17%); salesperson (13%); delivery process (11%); and dealership facility (10%). Among rejecters, satisfaction is examined across five measures: salesperson (20%); fairness of price (12%); facility (6%); inventory (6%); and experience negotiating (5%).

    Overall sales satisfaction averages 648 on a 1,000-point scale in 2011, improving by 13 points from an average of 635 from 2010. This gain suggests that, as market conditions improve, automotive manufacturers and dealers are placing renewed focus on and providing buyers with a satisfying retail experience, and that they are investing resources toward that goal.

    All sales experience measures improve notably from 2010, with the greatest gain in the delivery process-despite the fact that the average length of time to complete the delivery of a new-vehicle has increased by four minutes to an average of 32 minutes in 2011, from an average of 28 minutes in 2010. Overall, the average length of time a buyer spends at the dealership has increased, to an average of 4.3 hours in 2011 from 4.1 hours in 2010.

    A primary reason for the longer delivery process is that dealers are providing more in-depth demonstrations of technology in new vehicles (including audio, entertainment, navigation and communications systems). Approximately 88 percent of buyers in 2011 say they received a technology demonstration at vehicle delivery.

    “Although technology demonstrations add time to the delivery process, those explanations substantially improve satisfaction, as well as customer loyalty and advocacy,” said Jim Gaz, director of automotive research at JD Power and Associates. “It would intuitively seem that buyers are most satisfied when the sales process is completed in the shortest amount of time possible. However, buyers actually appreciate when the salesperson spends additional time with them, as long as that time provides added value.”

    According to Gaz, an increasing proliferation of technology demonstrations may also help improve perceptions of new-vehicle quality. The JD Power and Associates U.S. Initial Quality StudySM (IQS) has found that rates of owner-reported problems with audio/entertainment/navigation technology systems have increased steadily between 2009 and 2011. Some of these perceived problems may stem from a lack of understanding among users about how to operate new features, so technology demos provided by sales staff can be a powerful tool in lowering problem rates and improving satisfaction with vehicle design.

    Lexus Ranks Highest among Luxury Brands

    Lexus ranks highest among luxury brands in satisfaction with the new-vehicle buying experience. Cadillac and Mercedes-Benz follow in the luxury segment rankings. The luxury brands with the greatest improvement from 2010 are Lincoln (moving from ninth rank position to sixth) and Audi (moving from 11th rank position to ninth).

    2011 Mini CooperMini Ranks Highest among Mass Market Brands for a Second Consecutive Year

    Mini ranks highest among mass market brands for a second consecutive year. Buick and GMC, respectively, follow Mini in the mass market rankings. The mass market brands with the greatest improvement from 2010 are Volkswagen (moving from 13th rank position to fourth), Scion (moving from 11th rank position to fifth) and Nissan (moving from 18th rank position to 12th).

    The following tips may be helpful to consumers when buying a car:

    • Do your homework. Know enough about the vehicle, accessories, and the price to recognize when you are getting a fair deal. Use the same approach on the value of your trade-in vehicle. Remember that a “fair deal” must also include some level of profit for the dealership, which they need to sustain their operations.
    • Investigate if there are any factory or dealer incentives being offered. There are a variety of sources for this information, including automaker websites, online automotive blogs and buying services, and some industry publications.
    • Be prepared to walk away. This is the ultimate tool in your negotiation “toolbox.” If the vehicle, price or treatment does not meet your needs, then try another dealer. You can always return to the original dealer should you choose.
    • Ask questions. You are about to make a financial commitment to a vehicle that will impact you for the next 2 to 5 years. Be sure you understand exactly what you are buying (including the vehicle itself, the financial aspects and terms of the deal, and the service that the dealer provides for maintenance and repair).
    • Know your credit score before you go. Or, better yet, get pre-qualified for a loan before you shop.
    • Take advantage of the time with your salesperson at delivery. Have all of the vehicle’s features explained to you in detail. If you have questions or are unsure about something, don’t be hesitant to ask for a more detailed explanation.

    About the Study

    The 2011 U.S. Sales Satisfaction Index (SSI) Study is based on responses from 24,045 buyers who purchased or leased their new vehicle in May 2011. The study was fielded between August and October 2011.

     

  • 2012 U.S. Medium-Duty Truck Engine and Transmission Study

    Although Medium-Duty Truck Engine and Fuel Problems Decrease, Unscheduled Downtime Increases

    1970-01-01

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    WESTLAKE VILLAGE, Calif.: 18 October 2012 — As medium-duty truck engine technology advances, more complicated repairs lead to more unscheduled downtime, according to the JD Power and Associates 2012 U.S. Medium-Duty Truck Engine and Transmission StudySM released today.

    The study, now in its fifth year, measures customer perceptions of 2011 model-year Class 5, 6 and 7 gasoline- and diesel-powered engines and provides manufacturers with a comprehensive and objective measure of customer satisfaction and product quality. Eight attributes are measured to determine overall engine satisfaction: engine reliability and dependability; ease of access for service or maintenance; maintaining speeds on grades; acceleration when fully loaded; control module (ECM); vibration at idle; engine warranty; and average fuel economy.  

    Overall, the number of engine and fuel problems has decreased to 40 problems per 100 trucks (PP100), down by 11 PP100 from 2011. While the number of problems has decreased, the average length of unscheduled downtime due to these problems is 13.4 days, an increase of 2.7 days from 2011.

    “As engine manufacturers continue to make advances in technology, there will likely be fewer problems,” said Brent Gruber, director of the commercial vehicle practice at JD Power and Associates. “However, the trade-off is that when problems occur, they will likely be more complicated and require more downtime to fix.”

    The study finds that overall satisfaction with medium-duty truck engines is 760 (on a 1,000-point scale), and increases to 778 when selective catalytic reduction (SCR) technologies are used to meet emission requirements. Satisfaction varies among the different classes of trucks, with an 11-point gap in satisfaction between the highest- and lowest-scoring classes. The greatest difference among the three truck classes is the number of reported PP100, with considerably fewer engine problems reported for Class 5 trucks, compared with Class 6 and Class 7 trucks.

    Attribute Class 5 Class 6 Class 7
    Engine Satisfaction Index 765 760 754
    Fuel Economy (mpg) 10.0 9.2 7.7
    Engine PP100 27.1 35.6 39.2

    Impact of Customer Satisfaction on Repurchase Intent

    Customers’ perceptions of their truck engine’s performance is the most important factor of overall truck satisfaction. The 2012 study finds that owners who rate their overall engine satisfaction 9 or 10 on a 10-point scale, compared with those who rate their overall engine satisfaction 8 or lower, are more than twice as likely to say they “definitely will” specify the same engine brand again when they’re in the market for a new truck (50% vs. 19%, respectively) and repurchase the same vehicle brand (50% vs. 21%, respectively).

    “The level of satisfaction directly influences customers’ future buying behaviors. By exceeding customers’ expectations, engine manufacturers are generating customer loyalty for both the engine and truck brands,” said Gruber.

    Hino engines rank highest in customer satisfaction for a fifth consecutive year with a score of 801 and performs particularly well in control module; ease of access for service or maintenance; engine reliability and dependability; average fuel economy; and engine warranty. Cummins (793) and PACCAR (789) follow Hino in the rankings.

    The 2012 U.S. Medium-Duty Truck Engine and Transmission Study is based on responses from 1,272 primary maintainers of one-year-old conventional cab medium-duty trucks. The study was fielded between June and July 2012.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    John Tews; JD Power and Associates; Troy, Mich.; (248) 680-6218; [email protected]
    Syvetril Perryman; JD Power and Associates; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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  • 2012 U.S. Residential Internet Service Provider Satisfaction Study

    Satisfaction with DSL Providers Languishes as Problems with Speed and Reliability Push Internet Customers to Other Technologies

    1970-01-01

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    WESTLAKE VILLAGE, Calif.: 15 October 2012 — As efficient network technologies employing fiber optics and hybrid fiber/coax diminish outages and increase bandwidth speed, customers utilizing DSL technology face reliability issues and worse-than-expected network speed, according to the JD Power and Associates 2012 U.S. Residential Internet Service Provider Satisfaction StudySM released today.

    Now in its 15th year, the study measures customer satisfaction with high-speed Internet service based on five factors: performance and reliability; cost of service; billing; offerings and promotions; and customer service.

    As customers add Internet-connected devices to their home network, which increases their bandwidth speed requirements, more are turning away from DSL as a viable option and turning instead to cable or fiber optic Internet service providers (ISPs).

    “As customers continue to add Internet-connected products such as tablet computers and as the demand to streaming video content increases, their expectations for stability and network speed will rise,” said Frank Perazzini, director of telecommunications at JD Power and Associates. “DSL connections aren’t meeting the need for speed, as 21 percent of customers using this technology indicate their network speed is worse than they expected.”

    Satisfaction with performance and reliability is 650 (on a 1,000-point scale) among DSL customers, compared with 672 among cable modem customers and 725 among customers utilizing fiber-to-the-home connections. Additionally, in the past three months, DSL customers have experienced an average of 2.5 outages, compared with outages experienced by customers with cable modem (2.0) and fiber optic (1.4) connections.

    As customer needs have changed, so has the market. Year over year, the market share for DSL has declined to 25 percent from 30 percent in 2011, while cable has grown to 61 percent (from 59%) and fiber optic has grown to 14 percent (from 9%). Among customers who have switched their ISP provider in the past year, 40 percent were DSL customers. Of these former DSL customers, 93 percent chose either a cable or fiber optic provider.

    “Overall, the switching intention of DSL customers is 24 percent,” noted Perazzini. “Among DSL customers whose network speed expectations are not being met, switching intention increases to 43 percent. These customers are clearly candidates for a technology upgrade.”

    Satisfaction among residential Internet service providers is measured in four regions:

    East Region: AT&T ranks highest with a score of 660. Verizon follows in the regional rankings with a score of 650, while Optimum Online (Cablevision) ranks third with a score of 649.

    South Region: Bright House Networks ranks highest in the region with a score of 684, followed by Cox Communications (681) and Verizon (674).

    North Central Region: WOW! ranks highest in the region for a second consecutive year with a score of 707, followed by AT&T and Cincinnati Bell in a tie with a score of 654 each.

    West Region: Cox Communications ranks highest in the region with a score of 660. AT&T follows with a score of 658, while Verizon ranks third with a score of 655.

    JD Power and Associates offers consumers the following tips when shopping for an Internet service provider:

    • Compare and contrast the quality of service options available. Some providers offer better technical support than others, while some have a better record than others of avoiding outages or slowdowns.
    • Check to see what’s included with your service. For example, ask whether the provider offers virus and hacker protection or offers a loyalty program.
    • Make sure the provider you choose has high customer satisfaction in your geographical region. The satisfaction scores of national providers can vary from region to region.

    The 2012 U.S. Residential Internet Service Provider Satisfaction StudySM is based on responses from 20,750 customers nationwide who evaluated their cable, satellite or telephone company-based provider. The study was fielded in four waves: November 2011, January 2012, April 2012 and July 2012.

    About JD Power and Associates

    Headquartered in Westlake Village, Calif., JD Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction.  The company’s quality and satisfaction measurements are based on responses from millions of consumers annually.  For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. JD Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and JD Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.

    Media Relations Contacts:

    Jeff Perlman; Brandware Public Relations; Woodland Hills, Calif.; (818) 598-1115; [email protected]
    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; [email protected]

    Follow us on Twitter: @JDPower

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of JD Power and Associates. www.jdpower.com/corporate

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