Mi9 Retail Strengths, Domain Expertise, and Key Differentiators
Mi9 Retail's corporate retail systems facilitate better demand forecasting, planning, and merchandise management; our point-of-purchase systems increase revenue and customer engagement, and analytics tools speed time to insight. Mi9 cloud-based solutions incorporate the latest innovations in AI and machine learning to boost system intelligence, automate manual routines, and deliver exception-based workflows.
Mi9 Retail Recent Developments
In July 2020, Mi9 Retail launched a new digital commerce brand, ThryveAI. ThryveAI is built on a next-generation architecture (microservices, API-first, cloud-native, headless) making it the most modern, scalable, and future-proof solution in the market. The platform is designed to help retailers innovate quickly, control every facet of the user experience, and manage the risks and costs of rolling out new features and applications.
In August 2019, Mi9 launched a new platform integration service that extend the deployment flexibility of its flagship Merchandise Management platform. Mi9 Merchandise Management provides a complete, fully integrated portfolio of capabilities that range from planning and execution, to master data management, in-store back office, and advanced reporting and enterprise analytics.
Mi9 Retail Mergers and Acquisitions (M&A) Activities
In November 2021, ToolsGroup, supply chain planning, and optimization software acquired Mi9 Retail’s Demand Management business. The combination of software offerings will optimize end-to-end planning--from production to purchase--equipping modern multi-channel retailers to build highly resilient, profitable, and future-proof supply chains.
In 2018, Mi9 Retail acquired JustEnough Software, a demand management solution for retail, wholesale and direct-to-consumer businesses worldwide. The acquisition of JustEnough added planning, allocations, and replenishment solutions to the Mi9 Retail platform of integrated, analytics-driven merchandising, store, and digital commerce solutions.
Mi9 Retail Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mi9 Retail 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 Mi9 Retail 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 Mi9 Cloud, customers.
Mi9 Retail Overview
12000 Biscayne Boulevard, Suite 600
Miami, FL, 33181, United States
1 888-326-8579
https://www.mi9retail.com/
Ownership: - x
Number of Employees: 250
Functional Markets: Analytics and BI, CRM, eCommerce, ERP Financial, ERP Services and Operations, SCM,
Key Verticals: Retail,
Mi9 Retail Key Enterprise and Cloud Applications
Mi9 Cloud,
Mi9 Retail 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.
Mi9 Retail Revenue Breakdown By Type, $M:
Mi9 Retail Enterprise Applications Revenues By Functional Markets, $M:
Mi9 Retail Enterprise Applications Revenues By Verticals, $M:
Mi9 Retail 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 |
Mi9 Retail Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Mi9 Retail Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Mi9 Retail Customers
No. of Mi9 Retail Customers: 500
No. of Mi9 Retail Enterprise Applications Customers: 500
No. of Mi9 Retail Cloud Customers: x
No. of Mi9 Retail Cloud Subscribers: x
Mi9 Retail Solutions are used by over 500 retailers in more than 80 countries. Some of their customers are 24 Fitness, ABC Fina Vine & Spirits, Ackermans, Billabong, Beacon Lightning, Bugatti, Blair's Farm and Fleet, Carolina Herrera, Cole Haan, and many more.
In July 2020, Mi9 Retail unveiled that, despite COVID-19’s impacts on the retail industry, it was still able to add a number of new global retail brands to its customer base, including marquee net new accounts in the U.S., Canada, Europe, and Asia/Pacific regions. Mi9 also expanded its relationship with numerous existing customers. The new customers include a global computer technology company, an iconic American shoe company, a European multinational retail chain, an American supercenter chain, an Australian footwear retailer and wholesaler, and two North American grocery retailers.
Mi9 Retail Market Opportunities, M&A and Geo Expansions
In March 2021, Mi9 Retail released its new merchandise management mobile application (MMA). MMA is a full-featured mobile application that provides comprehensive in-store inventory management including purchasing, receiving, transfers, stock movements, stock adjustments, and more. It helps boost staff productivity by providing real-time inventory access to store managers and store associates while establishing a single version of the truth for inventory, pricing, and location data. The native iOS/Android app gives retailers the flexibility to allow associates to “BYOD” (bring your own device), reducing hardware costs, eliminating the need for proprietary hardware devices, and expediting associate training.
In 2018, Mi9 Retail acquired MyWebGrocer (MWG), a software and digital media company for the grocery and Consumer Packaged Goods (CPG) industries. The addition of MWG enhances the Mi9 Retail suite, giving the company an entrée into the grocery vertical and positioning Mi9 even more aggressively within fast-moving consumer goods (FMCG).
Mi9 Retail Risks and Challenges
Changing quantities or descriptions individually in the system can be a problem for businesses with tens of thousands of items.
Mi9 Retail Ecosystem, Partners, Resellers and SI
Mi9 Retail collaborates with a wide range of global infrastructure, consulting, implementation, application technology, distributor and hosting partners with expertise in strategic areas that complement Mi9 Retail. Some of them are Microsoft, Cognizant, Ascent, MicroStrategy, Verifone, Vertex, and many more.
In July 2019, Mi9 Retail partnered withCitrusAd. By partnering with CitrusAd, Mi9 will equip its retailers with the ability to better monetize their digital real estate akin to the advertising strategies
Mi9 Retail Cloud Infrastructure Insights
Subscribe to read more about:
- Mi9 Retail Public Cloud and Infrastructure (IaaS)
- Mi9 Retail Platform (PaaS)
- Mi9 Retail Application Delivery
- Mi9 Retail 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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