Logibec Strengths, Domain Expertise, and Key Differentiators
Logibec focuses on clinical and administrative systems for the North American healthcare market. Backed by its investor Ontario Municipal Employees Retirement System, Logibec has spent the past few years acquiring different software companies in order to sell into acute care hospitals, community care centers, and healthcare authorities in Canada. In the United States, Logibec's wholly owned subsidiary, MDI Achieve, is a major Electronic Health Record applications vendor for the long-term-care and eldercare market.
Logibec Recent Developments
In December 2019 Logibec launched a new initiative focused on innovation in healthcare, Continuum Health. Continuum Health is dedicated to the development of advanced performance analytics solutions, cutting-edge data mining, and real-time interactive dashboards for the healthcare market.
Logibec acquired MediaMed for business intelligence, performance analysis and emergency room software solutions for the healthcare industry.
Logibec Mergers and Acquisitions (M&A) Activities
In December 2020, Novacap, one of Canada's leading private equity firms, in partnership with Investissement Québec, acquired Logibec, a Montreal-based healthcare software company. The transaction brings back Logibec to Canadian ownership.
In December 2019 Logibec acquired Knowledge4You Corporation, a Markham, Ontario-based company. This transaction will bring e-learning and medical education offerings to Logibec’s broad suite of clinical, financial, and administrative healthcare market solutions. Currently used by Canada’s leading hospitals and universities to manage medical and nursing educational programs, the Knowledge4You software platform – MedSIS 3C – helps education administrators at every step of the learner's life cycle and delivers tangible benefits along the way. Knowledge4You joins with Logibec that develops, for almost 40 years, high-performance solutions that enable care providers to optimize their processes and thereby offer better quality care to patients.
Logibec Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Logibec 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 Logibec 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 Logibec eClinibase, Logibec HCM VIP, Logibec S&A, MatrixCare EHR, Logibec HCM, Logibec FMS, Logibec MMS, Intellium, ContinuumCore customers.
Logibec Overview
Ownership: - x
Number of Employees: 450
Functional Markets: Analytics and BI, Content Management, CRM, EPM, ERP Financial, ERP Services and Operations Management, HCM, SCM,
Key Verticals: Healthcare,
Logibec Key Enterprise and Cloud Applications
Logibec eClinibase, Logibec HCM VIP, Logibec S&A, MatrixCare EHR, Logibec HCM, Logibec FMS, Logibec MMS, Intellium, ContinuumCore
Logibec 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.
Logibec 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Logibec Enterprise Applications Revenues By Functional Markets, $M:
Logibec Enterprise Applications Revenues By Verticals, $M:
Logibec Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Logibec Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Logibec Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Logibec Customers
No. of Logibec Customers: 600
No. of Logibec Enterprise Applications Customers: 600
No. of Logibec Cloud Customers: x
No. of Logibec Cloud Subscribers: x
With over 450 employees Logibec currently serves over 600 healthcare clients in Canada including some of the largest acute care facilities, long-term and community care providers across the country. Logibec customers are Benedictine Health System, Ohio Presbyterian Retirement Services, Providence Place at Glencroft, Five Star Quality Care and others.
Logibec Market Opportunities, M&A and Geo Expansions
In May 2019, Logibec welcomed two new clients who are adopting its GCH VIP human capital management solution: the Villa Medica rehabilitation hospital and Le Groupe Champlain. These customers are added to the first signed at the beginning of the year - the Bellevue Pavilion in Levis - and are a definitive confirmation of the enthusiasm and strength of GCH VIP in the sector of private conventional institutions (EPC) of the network of the health. Logibec recently invested more than $ 10.0 million in the research and development of innovative solutions adapted to the new reality of institutions in the Quebec health and social services network (RSSS), following the various mergers. One of these solutions, GCH VIP, is a part of this renewal and aims to increase the capacity and efficiency of human capital management through intuitive features.
Logibec, a technology company specializing in digital healthcare information and management solutions, is enhancing its creative capabilities and announcing the foundation of its Canadian Centre for Innovation.
The company’s new structure will involve all of its 400 employees across the country in research activities and the advancement of high-growth products, with the stated objective of creating the next generation of digital solutions dedicated to the healthcare sector, namely in big data and artificial intelligence. Logibec has chosen to empower its employees and allow them to expand their technical skills by developing cutting-edge applications and technologies.
In 2015, Logicbec acquired MediaMed Technologies (MediaMed), a provider of business intelligence, performance analysis, and emergency room software solutions for the healthcare industry. That followed its purchase of Artefact, a division of LGS Group, an IBM company. Artefact is a provider of clinical software solutions including Radiology and Pharmacy Information Management Systems and clinical data interchange. Prior to this purchase, Logibec acquired REPS Software for CRM/Lead Management and clinical applications, Choice Systems for therapy management applications for the sub-acute care sector, and QuickCARE Software Services for its clinical and administrative software designed for the elder care market in the United States. The Choice Systems covers 700 healthcare facilities and QuickCARE serves over 1,600 facilities.
Logibec Risks and Challenges
In the first quarter of 2015, GI Partners acquired Logibec from OMERS Private Equity. Logibec acquired Enterprise Management Solutions division of QHR Technologies for about $20 million. The purchase gave Logibec a host of workforce and financial management applications for healthcare institutions and agencies throughout Canada. The deal underscores Logibec’s desire to boost wallet share among healthcare organizations in Canada. Integrating these assets via Cloud delivery could take some time.
Logibec Ecosystem, Partners, Resellers and SI
Logibec partnered with D.L.G.L.Ltd. (DLGL) to offer the next generation of a Human Capital Management (HCM) solution designed for the Canadian healthcare market. DLGL will maintain its relationship with its current clients and will continue to support them. This partnership will enable Logibec to rapidly evolve its Human Resources and Payroll Management solutions, Espresso HR/Payroll and Quadrant Workforce, towards a next-generation HCM solution named Logibec HCM, powered by VIP, in order to meet the advanced and constantly evolving needs of the healthcare sector in Canada. Logibec primarily relies on direct Sales. It has strategic partnerships with Casamba, eHealth Data Solutions and Team TSI.
Logibec 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).
For additional information on our methodologies, here's the link:
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