Medius AB Strengths, Domain Expertise, and Key Differentiators
Medius is a leading global provider of cloud-based spend management solutions, helping organizations drive their business forward by enabling best-in-class process efficiency, cost saving opportunities and greater financial control.
The spend management suite includes market leading solutions for strategic sourcing, contract management, procurement, accounts payable automation and supplier management as well as data insights tools bringing control, compliance and cost savings throughout the entire source-to-pay process.
Medius AB Recent Developments
In June 2020, Medius launched MediusGo to the United States market. MediusGo is the entry version of Medius’ AP invoice automation offering, designed to support SME businesses by enabling efficiency and control throughout the entire accounts payable process.
In October 2019, MEdius launched new invoice data capture capabilities inside MediusFlow AP invoice automation solution to drive increased process automation. MediusFlow leverages AI and machine learning technology to automatically apply settings based on historic data throughout the entire invoice management process, which increases the level of touchless invoice processing.
Medius AB Mergers and Acquisitions (M&A) Activities
In September 2017, Marlin Equity Partners, a global investment firm completed the acquisition of Medius. The acquisition will enable Medius to further accelerate its ongoing global expansion and continue investing in its cloud-based solutions for accounts payable automation.
Medius AB Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Medius AB 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 Medius AB 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 MediusFlow AP customers.
Medius AB Overview
Ownership: - Marlin Equity Partners
Number of Employees: 350
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Medius AB Key Enterprise and Cloud Applications
Medius AB 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.
Medius AB Revenue Breakdown By Type, $M:
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Medius AB Enterprise Applications Revenues By Functional Markets, $M:
Medius AB Enterprise Applications Revenues By Verticals, $M:
Medius AB Revenues By Region, $M
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Medius AB Direct vs Indirect sales
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Medius AB Customers - Breakdown by Geo, Size, Vertical and Product
No. of Medius AB Customers: 3500
No. of Medius AB Enterprise Applications Customers: 3500
No. of Medius AB Cloud Customers: 3500
No. of Medius AB Cloud Subscribers: 450000
Over 3,500 customers and 450,000 unique users worldwide use Medius spend management solutions, managing transactions worth more than $150 billion annually. MediusGo, a solution that supports SME businesses has 1400 SME customers and 100,000 users in the Nordics.
Some of Medius's recent customer wins are Ahlsell, Fritz Hansen,and Viking Line. Some other customers include Tikkurila, Marc Jacobs, LUSH, SoftwareONE, Victaulic, Reily Foods, Duni, Briggs, Mowi, Dynapac, Rejmes, Fluiconnecto, and many more. Major 2019 customer wins include strong consumer retail brands such as Christian Dior (LVMH), Scotch & Soda and Sandwich Fashion, distribution and manufacturing giants Bunzl, Beacon Roofing and Milwaukee Tool as well as travel industry leaders Viking Line and Toga.
Medius AB Market Opportunities, M&A and Geo Expansions
In November 2019, Medius acquired Wax Digital, a procurement solutions provider headquartered in the U.K. The acquisition of Wax transforms Medius from an accounts payable focused solution into a product suite with full source-to-pay (S2P) capabilities. The combined company will allow current and future customers to generate increased automation, visibility and control across the entire purchasing process.
Medius AB Risks and Challenges
Medius sells it's AP and S2P solutions primarily to Microsoft Dynamics ERP's customers. Additionally, Medius's ecosystem is concentrating on partners selling Microsoft Dynamics solutions.
Medius AB Ecosystem, Partners, Resellers and SI
In 2019 Medius signed global partner agreements with some of the world’s strongest players in the Microsoft Dynamics segment, including Columbus, To-Increase and HSO. These partnerships represent proof point of Medius’ offering to companies running Microsoft Dynamics ERPs.
Medius has a longstanding partnership with Iptor. It provides Iptor's customers in North America it's AP Automation tool.
Columbus, a services consulting company sells and deploys the MediusFlow Accounts Payable (AP) automation solution to its customers globally. In November 2019, Columbus UK and Medius have agreed on an action plan to further shape this collaboration and expand the presence of MediusFlow on the UK market
Medius AB Cloud Infrastructure Insights
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- Medius AB Public Cloud and Infrastructure (IaaS)
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- Medius AB 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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