Mitratech Strengths, Domain Expertise, and Key Differentiators
Mitratech is a technology partner for corporate legal departments and risk & compliance professionals seeking to raise productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across the enterprise.
Mitratech Recent Developments
In 2019, Mitratech formed the Workflow Solutions business unit. The Workflow Solutions Unit will bring more ownership and tighter control over Mitratech’s TAP product, so decisions can be made quickly and a higher level of service provided to those customers who rely on TAP to manage key legal services and operations. This seemed to be necessary since TAP was being used in 600 unique cases, double since Mitratech’s acquisition of TAP in 2018. In the beginning of 2019, Mitra launched LegalHold, SaaS solution for end-to-end management of the legal hold process, enabling both defensible mitigation of litigation risk and improved outcomes. LegalHold was built in partnership with over 40 corporate legal department clients.
Mitratech Mergers and Acquisitions (M&A) Activities
In 2017, HGCapital made a strategic investment in Mitratech, TA Associates, which invested in Mitratech 2 years prior, will continue to retain a minority interest in Mitratech.
Mitratech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mitratech 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 Mitratech 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 Mitratech TeamConnect customers.
Ownership: - HGCapital
Number of Employees: 400
Mitratech Key Enterprise and Cloud Applications
Mitratech Revenues, $M:
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|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
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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.
Mitratech Revenue Breakdown By Type, $M:
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Mitratech Enterprise Applications Revenues By Functional Markets, $M:
Mitratech Enterprise Applications Revenues By Verticals, $M:
Mitratech Revenues By Region, $M
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Mitratech Direct vs Indirect sales
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Mitratech Customers - Breakdown by Geo, Size, Vertical and Product
No. of Mitratech Customers: 1200
No. of Mitratech Enterprise Applications Customers: x
No. of Mitratech Cloud Customers: x
No. of Mitratech Cloud Subscribers: x
Mitratech added 80 new clients spanning five continents in 2018, and grew the total number of law firms using e-Billing solutions by 25 percent, with 10 percent growth in total legal spend being processed through flagship e-Billing portal, Collaborati. The company serves a total of 1,200 client companies of all sizes across the globe, and over 500,000 users representing 30% of the Fortune 500 and over 500,000 users in over 160 countries.
Mitratech Market Opportunities, M&A and Geo Expansions
In April 2018, Miratech acquired ThinkSmart LLC, creating an end-to-end platform designed to transform legal operations. With the addition of ThinkSmart and the ThinkSmart Automation Platform, Mitratech’s TeamConnect platform brings people, processes, and information together, by leveraging TAP’s easy-to-use workflow automation engine to extend TeamConnect’s reach across the entire enterprise. TAP Workflow Automation empowers Mitratech customers to automate nearly any repetitive manual legal, compliance or risk process, enhancing their agility and responsiveness, improving performance and compliance, and accelerating ROI.
Mitratech Risks and Challenges
Mitratech welcomed Mike Williams as new CEO, in November 2019. The next stage of Mitratech’s strategy under William’s leadership is yet to be unveiled.
Mitratech Ecosystem, Partners, Resellers and SI
Mitratech partnered with Keesal, Young & Logan (KYL) to help a greater number of legal professionals quickly implement standardization and compliance across a wide range of legal processes. Additionally, Mitratech has Channel Partners (Anchor Consulting, TSG, Savannah, Union Systems ltd, Finastra), Technology Partners (Oracle, SAP, Adobe, DocuSign, Salesforce), and Service Partners (Duff & Phelps, Consilio, Morae Global, Kranium Consulting, Keesal, Young & Logan (KYL)).
Mitratech Cloud Infrastructure Insights
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- Mitratech Public Cloud and Infrastructure (IaaS)
- Mitratech Platform (PaaS)
- Mitratech Application Delivery
- Mitratech 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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