Miva, Inc. Strengths, Domain Expertise, and Key Differentiators
Miva boasts key differentiators in its flexible and adaptable e-commerce platform, particularly designed for mid-size and enterprise merchants. The Miva 10.01 update underscores Miva's domain expertise by introducing features that streamline e-commerce operations, enhance customer support, and capture pivotal moments in the customer journey. Miva's product portfolio stands out for its ability to evolve alongside businesses, driving sales, cutting costs, and maximizing revenue. The platform's focus on powering conversions, seamless integrations, and delivering a lower total cost of ownership positions Miva as a robust player in the e-commerce software landscape.
Miva, Inc. Recent Developments
In March 2022, Miva introduced Miva 10.03, the latest release that underscores the company's commitment to customer-driven innovation. Brennan Heyde, VP of Product at Miva, emphasizes the significance of customer feedback in shaping the latest enhancements. Miva 10.03 brings forth notable expansions to the platform's flagship features, aligning with online sellers' needs to enhance business operations and results.
The focus on increased conversion rates is evident through the introduction of intelligent and interactive B2B quoting functionality, refinements to native e-commerce subscription tools, and an enhanced faceted search for an improved shopping experience. The inclusion of new API functions further empowers developers, allowing them to fine-tune the checkout process with enhanced flexibility, ultimately contributing to an improved overall customer experience. Miva's proactive approach to incorporating customer insights solidifies its commitment to delivering a dynamic and responsive e-commerce platform.
Miva's recent launch of Miva 10.01 marks a significant stride in the evolution of its e-commerce platform. The update demonstrates the company's commitment to continuous improvement and innovation, enhancing both customer and merchant experiences. With this release, Miva is poised for continued revenue growth as it empowers sellers with greater agility and functionality. While specific revenue and profit data are not disclosed, the unveiling of Miva 10.01 aligns with Miva's strategic vision for sustained expansion in the competitive e-commerce solutions market.
Miva, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Miva, Inc. 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 Miva, Inc. 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 Miva Merchant customers.
Miva, Inc. Overview
11440 West Bernardo Court Suite 273
San Diego, CA, 92127, United States
1 858-490-2570
https://www.miva.com/
Ownership: - x
Number of Employees: 250
Functional Markets: eCommerce,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Sciences, Manufacturing, Media, Professional Services, Retail, Transportation,
Miva, Inc. Key Enterprise and Cloud Applications
Miva Merchant
Miva, Inc. 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.
Miva, Inc. Revenue Breakdown By Type, $M:
Miva, Inc. Enterprise Applications Revenues By Functional Markets, $M:
Miva, Inc. Enterprise Applications Revenues By Verticals, $M:
Miva, Inc. 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 |
Miva, Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Miva, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Miva, Inc. Customers
No. of Miva, Inc. Customers: x
No. of Miva, Inc. Enterprise Applications Customers: x
No. of Miva, Inc. Cloud Customers: x
No. of Miva, Inc. Cloud Subscribers: x
Miva's customer base spans B2B, B2C, and D2C merchants, demonstrating its versatility across diverse industries. While the exact number of customers remains undisclosed, Miva has forged strategic partnerships, such as the one with NetElixir in 2021. This partnership enhances Miva's reach by providing online sellers access to NetElixir's e-commerce site development expertise and marketing solutions, showcasing Miva's appeal to collaborators and its commitment to customer-centric growth.
Miva, Inc. Market Opportunities, M&A and Geo Expansions
In June 2023 Miva released version 10.07 of its ecommerce platform. This update introduces a host of features and improvements geared towards enhancing the speed, flexibility, and overall effectiveness of online operations for mid-size and enterprise merchants. Noteworthy enhancements include streamlined web development and staging tools, providing marketers with increased versatility in making website changes seamlessly and safely. The flexibility of Miva's checkout experience has been elevated with new API functions, offering merchants enhanced control over the implementation of checkouts on their websites.
Moreover, the native integration of Google Analytics 4 further equips merchants with powerful insights into web and app traffic data, aligning with the latest advancements from Google. Miva's commitment to supporting streamlined operations and providing advanced revenue-driving features underscores its dedication to delivering a robust e-commerce platform that meets the evolving needs of businesses in the digital landscape. The 10.07 release stands as a testament to Miva's continuous efforts to empower merchants, enhance productivity, and lower the overall cost of running and maintaining online stores.
The market opportunities for Miva lie on both horizontal and vertical levels. Horizontally, Miva can leverage the agility and functionality of Miva 10.01 to cater to a broader range of e-commerce businesses, driving expansion across various industries. Vertically, Miva has the opportunity to explore new regions and tap into emerging markets. Embracing Cloud, IoT, AI, and ML technologies could further enhance Miva's competitive edge, offering advanced features to its customers and staying ahead in the rapidly evolving e-commerce landscape.
Miva, Inc. Risks and Challenges
Internal risks for Miva may include ensuring seamless implementation and adaptation of the new features. External risks involve potential infrastructure disruptions or network security breaches, which could impact both Miva and its customers. Navigating go-to-market challenges, especially in an increasingly competitive market, will be critical for Miva to maintain its growth trajectory.
Miva, Inc. Ecosystem, Partners, Resellers and SI
Miva's ecosystem thrives on technology integrations and strategic partnerships. Collaborations with industry giants like SAP, Oracle, Microsoft, and Salesforce contribute to a robust ecosystem. This network effect enables Miva to offer a comprehensive suite of solutions, empowering online sellers with diverse tools to optimize their e-commerce operations. The partnership with NetElixir is a testament to Miva's ecosystem approach, creating synergies with other players in the e-commerce solutions arena. The challenge lies in balancing dependence on certain partners, such as Microsoft, with the need to diversify and mitigate risks associated with potential disruptions in the ecosystem.
Miva, Inc. Cloud Infrastructure Insights
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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).
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