MRI Software LLC Strengths, Domain Expertise, and Key Differentiators
MRI Software is a global provider of real estate software solutions serving both commercial and residential markets. With nearly 50 years of experience, the company offers a technology platform and integrated tools for property management, accounting, and investment analytics, designed to meet a range of operational needs.
MRI Software LLC Recent Developments
MRI Software integrated Nova Credit’s Income Navigator into its fraud prevention and applicant qualification solution. This AI-powered document fraud detection capability offers further protections for multifamily businesses to efficiently safeguard their properties and communities against rental fraud.
In January 2024, MRI Software unveils the latest iteration of CTM eContracts, its electronic contract and transaction management solution tailored for Colorado's real estate sector. Building on its existing robust functionality, the upgraded CTM application undergoes
MRI Software LLC Mergers and Acquisitions (M&A) Activities
MRI Software acquired Capita One from Capita plc for £200 million, adding UK public sector solutions for education, tax, benefits administration, and housing.
In 2024, MRI also acquired iInterchange Systems, a Chennai-based provider of container shipping and logistics software, to expand its Intermodal division with container leasing, depot management, and electronic data interchange capabilities.
MRI Software LLC Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MRI Software LLC 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 MRI Software LLC 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 MRI Living, MRI Work, Work for Occupiers customers.
MRI Software LLC Overview
28925 Fountain Parkway
Solon, OH, 44139, United States
1 800-321-8770
https://www.mrisoftware.com/
Ownership: - GI Partners
Number of Employees: 3700
Functional Markets: Analytics and BI, CRM, ERP Financial, ERP Services and Operations,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
MRI Software LLC Key Enterprise and Cloud Applications
MRI Living, MRI Work, Work for Occupiers
MRI Software LLC Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
MRI Software LLC Revenue Breakdown By Type, $M:
MRI Software LLC Enterprise Applications Revenues By Functional Markets, $M:
MRI Software LLC Enterprise Applications Revenues By Verticals, $M:
MRI Software LLC Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
MRI Software LLC Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
MRI Software LLC Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MRI Software LLC Customers
No. of MRI Software LLC Customers: 45000
No. of MRI Software LLC Enterprise Applications Customers: x
No. of MRI Software LLC Cloud Customers: x
No. of MRI Software LLC Cloud Subscribers: 20.1 Milion
MRI Software's customers include organizations of varying sizes across the real estate industry, from small property management firms to large multinational corporations. Their client base spans residential, commercial, and mixed-use property sectors, as well as public housing authorities and real estate investment firms. MRI serves over 45,000 clients in more than 170 countries, supporting functions such as leasing, accounting, facilities management, and tenant engagement.
MRI Software LLC Market Opportunities, M&A and Geo Expansions
MRI Software announced plans to take private Singapore-based Anacle, a provider of digital workplace, energy, facilities, property management, and real estate asset management solutions in Asia. The acquisition is intended to expand MRI's presence in the Asia-Pacific real estate technology market and support future growth.
MRI Software LLC Risks and Challenges
MRI’s growth through acquisitions and wide product ecosystem creates a complex technology environment, leading to challenges in system interoperability, slower implementations for customized clients, and higher support demands. If unmanaged, this complexity may reduce customer satisfaction, increase churn, and hinder scalable growth.
MRI Software LLC Ecosystem, Partners, Resellers and SI
MRI Software LLC maintains an extensive ecosystem of technology partners through its Partner Connect program, enabling clients to integrate specialized solutions that enhance various aspects of real estate operations. This open and connected approach allows organizations to tailor their technology stacks to specific needs across property management, finance, compliance, and tenant services.
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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