Lightspeed Commerce Strengths, Domain Expertise, and Key Differentiators
Lightspeed offers a cloud-based commerce platform that connects suppliers, merchants and consumers while enabling omnichannel experiences. Our software platform provides our customers with the critical functionality they need to engage with consumers, manage their operations, accept payments, and grow their businesses. We serve customers globally, empowering single- and multi-location retailers, restaurants, golf course operators and other companies to compete successfully in an omnichannel market environment by engaging with consumers across online, mobile, social, and physical channels.
Lightspeed Commerce Recent Developments
In October 2021, Lightspeed revealed a new flagship eCommerce product built on the integration of its acquisition of Ecwid, a global eCommerce platform. This launch is an important step in providing retailers a powerful, flexible, and unified offering for eCommerce and omnichannel solutions. Lightspeed eCommerce offers a new starting point for merchants to join the Lightspeed ecosystem and grow their businesses with the help of sophisticated in-store and online commerce tools, advanced data, simple product ordering functionality and streamlined access to suppliers.
Lightspeed Commerce Mergers and Acquisitions (M&A) Activities
Over the past years, Lightspeed made a couple of acquisitions: On April 2021, the Company acquired all of the outstanding shares of Vend, a cloud-based retail management software company based in Auckland, New Zealand. On July 2021, the Company acquired all of the outstanding shares of NuORDER, the provider of a digital platform that connects businesses and suppliers. On October 2021, the Company acquired all of the outstanding shares of Ecwid, a California-based global eCommerce platform provider. On January 2020, the Company acquired Gastrofix, a cloud-based POS hospitality software provider in Germany.
Lightspeed Commerce Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Lightspeed 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 Lightspeed 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 Lightspeed Retail, Lightspeed Restaurant customers.
Lightspeed Commerce Overview
Ownership: - LSPD (TSE)
Number of Employees: 3000
Lightspeed Commerce Key Enterprise and Cloud Applications
Lightspeed Retail, Lightspeed Restaurant
Lightspeed Commerce Revenues, $M:
|Type/Year||2020||2021||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.
Lightspeed Commerce Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Lightspeed Commerce Enterprise Applications Revenues By Functional Markets, $M:
Lightspeed Commerce Enterprise Applications Revenues By Verticals, $M:
Lightspeed Commerce Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Lightspeed Commerce Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Lightspeed Commerce Customers - Breakdown by Geo, Size, Vertical and Product
No. of Lightspeed Commerce Customers: 5000
No. of Lightspeed Commerce Enterprise Applications Customers: 5000
No. of Lightspeed Commerce Cloud Customers: x
No. of Lightspeed Commerce Cloud Subscribers: x
Lightspeed is used by thousands of independent businesses across the globe who are passionate about bringing new and exciting experiences to life.
Lightspeed Commerce Market Opportunities, M&A and Geo Expansions
Due to the COVID-19 Pandemic accelerating the need for SMBs to move away from legacy on-premise systems towards cloud-based omni-channel solutions, there is significant potential to increase their total addressable market and attract new customers and that potential has become even greater.
Lightspeed Commerce Risks and Challenges
Lightspeed Commerce has appointed current President JP Chauvet to the role of Chief Executive Officer, effective immediately. He will lead Lightspeed's continued growth, strategic development and execution
Lightspeed Commerce Ecosystem, Partners, Resellers and SI
The PGA of Canada is pleased to announce a new two-year national partnership with Lightspeed, a provider of cloud-based, omnichannel commerce platforms tailored for the golf business. The partnership sees Lightspeed align themselves with the world-class PGA National Education Program, become presenting sponsorship of the Tee Talks News monthly newsletter, the creation of custom-built podcast and webinar content for Tee Talks Education platform.
Threedium partnered with Lightspeed to enhance and elevate the B2B buying process. The integration of Threedium’s 3D technology into the NuORDER by Lightspeed platform enables brands to add interactive, 3D product visualizations to their digital linesheets, catalogs, and virtual showrooms.
Lightspeed Commerce Cloud Infrastructure Insights
Subscribe to read more about:
- Lightspeed Commerce Public Cloud and Infrastructure (IaaS)
- Lightspeed Commerce Platform (PaaS)
- Lightspeed Commerce Application Delivery
- Lightspeed Commerce Private Cloud and Data Centers
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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