GetSwift Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

GetSwift Strengths, Domain Expertise, and Key Differentiators

GetSwift diligently invested in enhancing the reliability, security, and performance of their software platforms. In a strategic move soon after the conclusion of the 2020 fiscal year, the company introduced an impactful and innovative software feature named Fleets. This addition empowered clients to seamlessly allocate drivers across multiple store locations, and in some cases, even collaborate with other brands, thereby effectively meeting the escalating demands of the delivery landscape.

The introduction of the PreScheduled Dispatching and Routing feature equips organizations with the ability to effortlessly manage a substantial volume of scheduled jobs, establish delivery zones, and seamlessly dispatch and route daily tasks to drivers operating across their diverse fleets. With the increasing pressure faced by businesses to provide flawless delivery experiences, these sophisticated software tools enable clients to establish their own driver networks, mitigating reliance on costly third-party services and safeguarding their customers' business interests.

GetSwift Recent Developments

Starting in 2019, GetSwift found itself in a highly tumultuous position. In 2022, it was delisted from the ASX, but it continued to operate under a new holding company listed on Canada's NEO Exchange. The company encountered controversy and legal actions, including a class action and ASIC charges, for misleading statements and breaches of disclosure obligations. The planned sale from late 2022 amounted to posible winding up of the business operations and liquidation.

GetSwift Mergers and Acquisitions (M&A) Activities

In July 2023, the previously planned acquisition of GetSwift was finalized. The company was acquired by Stage Fund for US$10 million, and contrary to speculations, it was announced that the company would not go into liquidation but would continue to grow and work towards the same vision for its products under new ownership.

In 2022, GetSwift sold its 60% ownership stake in Logo d.o.o. ('Logo'), an Information and Communications Technology (ICT) firm. This strategic move eliminated significant risks for the company, improved short-term cash flow, and allowed GetSwift to refocus on its core business.

GetSwift Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying GetSwift applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of GetSwift and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified GetSwift Delivery Management Software, DeliveryBizPRO, Scheduling Plus customers.

GetSwift Key Enterprise and Cloud Applications

GetSwift Delivery Management Software, DeliveryBizPRO, Scheduling Plus

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GetSwift Revenues By Region, $M

GetSwift Direct vs Indirect sales

GetSwift Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified GetSwift Customers

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GetSwift attracted customers from over 70 countries across six continents. North America led the way with a significant 54% contribution, followed by Europe, the Middle East, and Africa at 24%, the Asia Pacific at 19%, and South America at 3%. Notably, the Food/Groceries/Agriculture market segment accounted for 35% of new customers, with courier services at 14% and beverage alcohol at 13%. E-commerce represented 12% of new customers, while Services, Other Retail, Trucking, and Other Sectors constituted the remaining balance.

The Company witnessed continued engagement from farms, dairies, and farmers' markets in the US and Canada, and also experienced new farm-to-table sign-ups from New Zealand and Dubai. Furthermore, beverage alcohol demonstrated strong growth on the platforms across various global regions, as previously announced client initiatives successfully launched according to their business schedules.

GetSwift Market Opportunities, M&A and Geo Expansions

Throughout the year, GetSwift maintained a steadfast focus on expanding into new markets while actively engaging with global clientele. The Company successfully penetrated and expanded its presence in various regions, including North America, where it made significant inroads in the farm-to-table market. Additionally, GetSwift achieved notable progress in the Middle East and other territories, particularly in branded food and beverage deliveries, as well as diversified product and service offerings across Europe, Asia, South America, and Africa.

Within North America, customer demand witnessed steady growth in sectors such as farm-to-table, workforce management, and scheduled route delivery. Presently, GetSwift's comprehensive offering caters to clients managing regular weekly deliveries encompassing produce, dairy, meat, water, and other essential items across 32 US states (including Hawaii) and 4 Canadian provinces. North America remains the Company's strongest market for these services, while the increasing number of signups in Europe and the Asia Pacific (APAC) region highlights the immense potential across these diverse geographic areas.

GetSwift Risks and Challenges

GetSwift is not yet out of the woods, the uncertainty surrounding the company is impacting its operations and future development. It is crucial for the company to establish a firm foundation and provide the necessary certainty regarding its future.

GetSwift Ecosystem, Partners, Resellers and SI

GetSwift Technologies made a significant announcement regarding its partnership agreement with Uber Technologies. This strategic collaboration aims to integrate and provide a comprehensive suite of top-tier products and services to both existing and new clients.

With this partnership, clients in the United States can gain access to Uber's extensive network of drivers and vehicles. Subsequently, this integration extends to additional regions, including Canada, Mexico, Brazil, and Australia. By joining forces, GetSwift and Uber will harmonize their respective product offerings over the coming months. Clients have the privilege of utilizing the GetSwift product suite while benefiting from the secure data management, customer interaction, and payment systems provided by GetSwift. This alliance effectively safeguards clients' brand equity while harnessing the remarkable advantages associated with the Uber platform.

GetSwift Cloud Infrastructure Insights

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• GetSwift Public Cloud and Infrastructure (IaaS)
• GetSwift Platform (PaaS)
• GetSwift Application Delivery
• GetSwift Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: