mdf commerce Strengths, Domain Expertise, and Key Differentiators
mdf commerce, formerly known as Mediagrif Interactive Technologies Inc., specializes in providing e-business solutions for consumers and businesses. The corporation, established on February 16, 1996, under the Canada Business Corporations Act, underwent a name change, which was approved by shareholders on September 23, 2020. Listed on the Toronto Stock Exchange (TSX) under the symbol "MDF," the company operates through wholly-owned subsidiaries. Its headquarters are situated at 1111 St-Charles West, East Tower, Suite 255, in Longueuil, Quebec, Canada.
mdf commerce Recent Developments
In January 2023, mdf commerce collaborated with Acumatica to offer an integrated e-commerce solution, k-e-commerce. This partnership enhances the platform's presence, providing a comprehensive B2B e-commerce solution for SMB customers. The k-e-commerce platform, tailored for Acumatica Cloud ERP users, features an all-in-one e-commerce solution with a PCI Level 1-compliant environment. The debut is set for the Acumatica Summit 2023 in Las Vegas, with general availability on the Acumatica Marketplace scheduled for February 2023. For more information, visit k-e-commerce x Acumatica.
In August 2023, mdf commerce partnered with Avalara to integrate k-e-commerce with the "Certified for AvaTax" program, enabling real-time tax calculations during checkout. This collaboration ensures optimal performance and reliability, enhancing the tax compliance experience for mutual customers. k-e-commerce, under mdf commerce, offers all-in-one e-commerce solutions to small and medium-sized businesses, seamlessly integrating with major ERP systems. Avalara, a global tax compliance automation software provider, enhances business tax compliance across various transaction taxes.
mdf Commerce has introduced Orckestra Commerce Cloud 5.3, showcasing noteworthy innovations aimed at bolstering customer support throughout their e-commerce endeavors and facilitating increased online growth. This release emphasizes enhancements to functionalities and elevating the end-user experience, including features like seamless ApplePay support and integration through the Bambora Payment Provider, now known as Worldline. These advancements underscore mdf Commerce's dedication to delivering state-of-the-art solutions, empowering businesses to excel in the digital commerce realm.
Moreover, the Order Management application now grants users the capability to review and modify both standard and personalized attributes linked to order line items. Configurable order editing rules have been implemented at the fulfillment location level, providing each location with the authority to set distinct deadlines for customers to make adjustments to their submitted orders. This enhancement brings increased precision and adaptability to order management processes.
mdf commerce Mergers and Acquisitions (M&A) Activities
In FY2022, mdf commerce marked a transformative period, becoming a major player in North American government e-procurement following the strategic acquisition of Periscope. E-procurement now contributes almost 50% to total consolidated revenue, growing by 61.4% to $52.8 million. Despite macroeconomic challenges, the corporation onboarded 100+ government agencies and secured 17 Contract Lifecycle Management deals post-Periscope acquisition.
In October 2022, mdf commerce finalized the sale of its wholly-owned subsidiary, InterTrade Systems, to SPS Commerce. The transaction marked a strategic move in the business landscape.
mdf commerce Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying mdf commerce 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 mdf commerce 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 k-eCommerce, MERX, InterTrade, Réseau Contact, Carrus customers.
mdf commerce Overview
East Tower Suite 255 1111, St-Charles Street
West Longueuil, QC, J4K 5G4, Canada
1 450-449-0102
https://www.mdfcommerce.com/
Ownership: - TO: MDF
Number of Employees: 800
Functional Markets: eCommerce, Procurement,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
mdf commerce Key Enterprise and Cloud Applications
k-eCommerce, MERX, InterTrade, Réseau Contact, Carrus
mdf commerce Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
mdf commerce Revenue Breakdown By Type, $M:
mdf commerce Enterprise Applications Revenues By Functional Markets, $M:
mdf commerce Enterprise Applications Revenues By Verticals, $M:
mdf commerce Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
mdf commerce Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
mdf commerce Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified mdf commerce Customers
No. of mdf commerce Customers: x
No. of mdf commerce Enterprise Applications Customers: x
No. of mdf commerce Cloud Customers: x
No. of mdf commerce Cloud Subscribers: x
In July 2023, MDF Commerce and Maricopa County, Arizona, inked a 5-year agreement for MDF Commerce's source-to-contract solution. Maricopa County, among the largest in the U.S., aims to streamline its procurement processes and benefit from advanced analytics. This partnership signifies a substantial investment in MDF commerce's cutting-edge technology, offering efficiency and comprehensive source-to-contract functionalities. With over 20 years of public sector experience, MDF Commerce is set to enhance Maricopa County's procurement efficiency, transparency, and user experience.
mdf commerce has welcomed 17 new clients for its Contract Lifecycle Management (CLM) services since autumn 2021. These clients, choosing mdf commerce's CLM solution delivered through the Periscope brand in the US and the Merx brand in Canada, appreciate the adaptability of the solution for government agencies of all sizes. The CLM offering seamlessly integrates, serving as a standalone solution or a module within existing procurement solutions. With multiple editions providing diverse functionalities, mdf commerce's CL.
mdf commerce Market Opportunities, M&A and Geo Expansions
The global shift to online commerce, accelerated by the COVID-19 pandemic, is driving increased adoption of mdf commerce e-commerce solutions, leading to heightened quarterly and annual revenue. Management anticipates this trend to persist, offering ongoing growth and conversion opportunities for the Corporation as businesses continue to modernize their commerce infrastructure amid the easing of the COVID-19 pandemic.
mdf commerce Risks and Challenges
The Corporation recognizes exposure to diverse financial risks, encompassing market risk (foreign currency and interest rate), credit risk, and liquidity risk, in connection with its financial assets and liabilities. Its overarching risk management objective is to proficiently identify and mitigate these risks, to minimize potential adverse effects on the financial performance of the Corporation.
mdf commerce Ecosystem, Partners, Resellers and SI
mdf commerce has recently revealed a partnership agreement between its supply chain solution, InterTrade, and Traverse Systems. This collaboration seeks to expand market reach and enhance product offerings for both organizations in the realm of comprehensive supply chain solutions. industries.
In a collaborative effort, Traverse Systems, leveraging its expertise and advanced platform, joins forces with InterTrade, a provider of technical solutions for seamless exchange of product, information, and transaction data between retailers and suppliers. This strategic partnership positions the amalgamated entity to offer a holistic suite of solutions aimed at optimizing, digitizing, and simplifying supply chain management processes.
mdf commerce Cloud Infrastructure Insights
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- mdf commerce Public Cloud and Infrastructure (IaaS)
- mdf commerce Platform (PaaS)
- mdf commerce Application Delivery
- mdf commerce 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:
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