mdf commerce Strengths, Domain Expertise, and Key Differentiators
mdf commerce (formerly "Mediagrif Interactive Technologies Inc.") provides e-business solutions to consumers and businesses. It operates its activities through its wholly-owned subsidiaries. The Corporation’s shareholders approved the name change from Mediagrif Interactive Technologies to mdf commerce on September 23, 2020. The Corporation, incorporated on February 16, 1996 under the Canada Business Corporations Act, is listed on the Toronto Stock Exchange (the “TSX”) under the ticker symbol “MDF.” Its head office is located at 1111 St-Charles West, East Tower, Suite 255, Longueuil, Quebec, Canada.
mdf commerce Recent Developments
mdf Commerce announced the release of Orckestra Commerce Cloud 5.3, which includes significant innovations that will further support customers in their ecommerce journey and help them achieve greater online growth. This release includes several features to improve functionalities and end-user experience, including the ability to support ApplePay and ApplePay integration using the Bambora Payment Provider (now called Worldline).
In addition, the Order Management application now provides the ability to view and edit base and custom order line-item attributes. Order editing rules can be configured at the individual fulfillment location level, which means each location can set a specific deadline until which customers can edit orders that they have already submitted.
mdf commerce Mergers and Acquisitions (M&A) Activities
Fiscal 2022 was another transformative year for mdf commerce, arguably one of the most transformative in the history of the Corporation. The acquisition of Periscope makes mdf commerce, a major player in government eprocurement in North America. On an annual basis, eprocurement now represents nearly 50% of total consolidated revenue and grew by 61.4% to $52.8 million compared $32.7 million last year. Since the acquisition of Periscope on August 31, 2021, the Corporation has onboarded over 100 government agencies and won 17 Contract Lifecycle Management deals. This performance was achieved despite considerable macro-economic challenges in the back half of the fiscal year.
mdf commerce Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying mdf 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 mdf 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 k-eCommerce, MERX, InterTrade, Réseau Contact, Carrus customers.
mdf commerce Overview
Ownership: - TO: MDF
Number of Employees: 800
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K92, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
mdf commerce Key Enterprise and Cloud Applications
k-eCommerce, MERX, InterTrade, Réseau Contact, Carrus
mdf commerce Revenues, $M:
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* 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.
mdf commerce Revenue Breakdown By Type, $M:
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mdf commerce Enterprise Applications Revenues By Functional Markets, $M:
mdf commerce Enterprise Applications Revenues By Verticals, $M:
mdf commerce Revenues By Region, $M
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mdf commerce Direct vs Indirect sales
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mdf commerce Customers - Breakdown by Geo, Size, Vertical and Product
No. of mdf commerce Customers: x
No. of mdf commerce Enterprise Applications Customers: x
No. of mdf commerce Cloud Customers: x
No. of mdf commerce Cloud Subscribers: x
mdf commerce welcomed 17 new Contract Lifecycle Management (CLM) clients since autumn 2021. The CLM product is offered by the Periscope brand in the US and the Merx brand in Canada. These customers selected the contract lifecycle management services offered by mdf commerce because the solution can easily be tailored to fit the needs of any size of government agency and is easily implemented as a stand-alone solution or as a module within an existing procurement solution. With multiple editions available, each of which includes a range of functionality to handle all CLM needs.
mdf commerce Market Opportunities, M&A and Geo Expansions
The global trend to online commerce, accelerated by the COVID-19 pandemic, has changed the pace at which businesses are implementing new or upgraded digital commerce infrastructure. This acceleration is reflected in both the new deployments for mdf commerce ecommerce solutions and the increase of revenue for the quarter and for the full year. Management believes that the trends to online commerce should continue into the foreseeable future as companies continue to update and modernize their commerce infrastructure providing the Corporation with opportunities for pipeline growth and conversion, even as the COVID-19 pandemic begins to subside.
mdf commerce Risks and Challenges
The Corporation’s financial assets and financial liabilities expose it to the following risks: market risk, including foreign currency risk and interest rate risk, credit risk, and liquidity risk. The Corporation’s main risk management objective is to ensure that risks are properly identified and mitigated to minimize likely adverse effects on financial performance.
mdf commerce Ecosystem, Partners, Resellers and SI
mdf commerce announced a partnership agreement between its supply chain solution InterTrade and Traverse Systems, which provides solutions to drive a unified understanding of the entire supply chain. Through this agreement, both partners will expand their market reach and product offering in new industries.
Traverse Systems delivers expertise and a leading platform that optimize supply chain performance. InterTrade offers technical solutions for product, information and transaction data exchange between retailers and suppliers. Thanks to this partnership, Traverse Systems and InterTrade can offer an extensive set of solutions to optimize, digitalize and simplify supply chain management.
mdf commerce Cloud Infrastructure Insights
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- mdf commerce Public Cloud and Infrastructure (IaaS)
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- mdf commerce Application Delivery
- mdf 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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