Tecsys Strengths, Domain Expertise, and Key Differentiators
Tecsys Inc. is a Canadian provider of supply chain management solutions, offering software platforms for warehouse, transportation, and distribution management. With over 40 years of experience, Tecsys focuses on delivering scalable, cloud-based solutions that improve supply chain efficiency and visibility. The company’s recent innovations, such as the Elite™ 24.2 release, include features designed to enhance warehouse operations, data accuracy, and inventory tracking. Tecsys serves various industries, including healthcare, industrial distribution, pharmacuticals, 3PLs, retail, and wholesale distribution, and is recognized for its customer-centric approach and long-term partnerships.
Tecsys Recent Developments
In October 2024, Tecsys released Elite 24.2, introducing a range of features aimed at enhancing operational visibility, accuracy, and efficiency in supply chain environments. The update includes a centralized tool for monitoring warehouse picking, order assignments, and dock scheduling in real time, along with a role-specific dashboard that highlights top daily priorities to help streamline tasks. It also adds an AI-assisted feature for improving item master data cleansing, product data accuracy by retrieving missing Global Trade Item Numbers (GTINs), particularly useful in healthcare settings. Additionally, electronic shelf labels designed for clinical use provide real-time inventory status, supporting better item tracking and management of recalls and expirations.
Tecsys Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tecsys 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 Tecsys 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 Tecsys Elite, Tecsys Omni, Tecsys Itopia customers.
Tecsys Overview
1 Place Alexis Nihon, Suite 800
Montreal, QC, H3Z 3B8, Canada
1 514-866-0001
Ownership: - TCS.TO
Number of Employees: 774
Functional Markets: Analytics and BI, ERP Financial, SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Healthcare, Leisure and Hospitality, Life Sciences, Manufacturing, Oil Gas Chemicals, Professional Services, Retail, Transportation,
Tecsys Key Enterprise and Cloud Applications
Tecsys Elite, Tecsys Omni, Tecsys Itopia
Tecsys Revenues, $M:
Type/Year | 2023 | 2024 | YoY Growth, % |
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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.
Tecsys Revenue Breakdown By Type, $M:
Tecsys Enterprise Applications Revenues By Functional Markets, $M:
Tecsys Enterprise Applications Revenues By Verticals, $M:
Tecsys Revenues By Region, $M
Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Tecsys Direct vs Indirect sales
Type | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Tecsys Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Tecsys Customers
No. of Tecsys Customers: 1000
No. of Tecsys Enterprise Applications Customers: 1000
No. of Tecsys Cloud Customers: x
No. of Tecsys Cloud Subscribers: x
​Tecsys serves a diverse clientele across healthcare, industrial distribution, pharmacuticals, 3PLs, retail, and distribution sectors, offering tailored supply chain solutions to meet specific industry needs. In healthcare, organizations like Wellstar Health System, McLeod Health, and Parkview Health have implemented Tecsys' solutions to enhance supply chain efficiency and integration. Retailers such as Forever New and Red Wing Shoes utilize Tecsys' platforms to streamline omnichannel fulfillment and inventory management. In the distribution sector, companies like Roche, Carolina Cat, Kirby Risk, Werner Electric Supply, Rubenstein RB Digital Inc., and ACI Brands leverage Tecsys' systems to optimize warehouse operations and support growth. These partnerships reflect Tecsys' commitment to delivering industry-specific solutions that drive operational excellence and customer satisfaction.
Tecsys Market Opportunities, M&A and Geo Expansions
In recent years, Tecsys has taken steps to position itself for growth. In 2023, the company appointed Andrew Kirkwood, former CEO of BluJay Solutions, to its Board of Directors, bringing valuable experience to drive growth and market presence. Additionally, in 2024, Tecsys expanded its Board by adding Stephany Verstraete and Sripriya Thinagar, experts in technology, digital healthcare, and operational excellence, further strengthening its leadership team. In 2024, the company introduced Chief Strategy Officer, Rex Ahlstrom to lead the AI, data-driven products and services. Tecsys has also made significant technological advancements, such as the 2024 introduction of its Digital Twin 3D Heat Map feature in its Warehouse Management System. This innovation provides real-time, data-driven insights, optimizing warehouse operations and reinforcing Tecsys' role as an industry leader in supply chain management.
Tecsys Risks and Challenges
Tecsys Inc. faces several risks that could impact its operations and financial performance. Despite strong growth in SaaS revenue, the company experienced a decline in professional services revenue by 10% year-over-year, attributed to delayed project deliveries outside its control. Additionally, fluctuations in hardware and professional services revenue may affect overall growth. While Tecsys maintains a robust balance sheet with no debt, profitabability, (and mangement led vs being owned by a PE firm or holding company) its interest coverage ratio is negative, indicating potential challenges in covering interest expenses. The company also faces external threats such as regulatory challenges, environmental disruptions, and cybersecurity risks, which could impact its operations and market position.
Tecsys Ecosystem, Partners, Resellers and SI
Tecsys operates within a dynamic ecosystem, partnering with companies like Workday, Oracle, Risenow, Locus Robotics, SIs, TraceLink, Eclipse Stores, and Roche to enhance its supply chain solutions in healthcare and retail. These collaborations help improve inventory management and operational efficiency across various sectors.
Additionally, Tecsys has earned the AWS Supply Chain Competency in three categories—Move, Enable, and Plan—demonstrating its ability to deliver secure and scalable solutions on the AWS platform. The company has also been recognized among SupplyChainBrain's 100 Great Supply Chain Partners, highlighting its strong customer relationships and effective solutions.
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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