Mitratech Holdings, Inc. Among Cloud Top 500

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Mitratech Holdings, Inc. Strengths, Domain Expertise, and Key Differentiators

Mitratech is a technology partner for corporate legal departments and risk and compliance professionals seeking to raise productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across the enterprise.

Mitratech Holdings, Inc. Recent Developments

In April 2020, Mitratech has released four new workflow templates, available free of charge to any company facing operational challenges created by the coronavirus outbreak. In addition, the TAP Workflow Automation solution itself is now available free of charge to any enterprise until September 30, 2020.

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.

At the beginning of 2019, Mitra launched LegalHold, SaaS solution for end-to-end management of the legal hold process, enabling both defensible mitigations of litigation risk and improved outcomes. LegalHold was built in partnership with over 40 corporate legal department clients.

Mitratech Holdings, Inc. Mergers and Acquisitions (M&A) Activities

In July 2020, Mitratech acquired Tracker Corp, the foremost provider of SaaS I-9, E-Verify, and immigration management solutions. This will uniquely equip Mitratech to help organizations overcome the challenges of increased government scrutiny, remote workforces, inefficient immigration management, and painful and costly manual staffing processes.

In June 2020, Mitratech acquired CMPG, LLC. By adding CMPG's products to its existing Enterprise Compliance Suite (ECS), Mitratech will reinforce what's already the first-ever end-to-end range of software solutions for elevating corporate risk management, data privacy, and information governance.

In January 2020 Mitratech acquired ClusterSeven Ltd. By offering their products alongside its existing governance, risk, and compliance solutions, Mitratech will provide the first-ever end-to-end solutions suite specifically aimed at elevating companies’ data privacy and information governance efforts. Safeguarding data privacy and satisfying information governance-related regulatory requirements are essential to business survival and success.

By adding solutions from ClusterSeven to a proven family of products that includes CMO, PolicyHub, DataStore, and TAP Workflow Automation, Mitratech now supplies a full spectrum of the tools needed to ensure data privacy, empowering information governance, satisfy regulatory oversight, and gain competitive advantage.

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 Holdings, Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mitratech Holdings, Inc. 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 Holdings, Inc. 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, Mitratech LawTrack, customers.

Mitratech Holdings, Inc. Key Enterprise and Cloud Applications

Mitratech TeamConnect, Mitratech LawTrack,

Mitratech Holdings, Inc. Revenues, $M:

Type/Year20182019YoY 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.

Mitratech Holdings, Inc. Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Mitratech Holdings, Inc. Revenues By Region, $M

Region% of Total Revenues2019 Total Revenues, $M2019 Enterprise Applications Revenues, $M2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Mitratech Holdings, Inc. Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Mitratech Holdings, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Mitratech Holdings, Inc. Customers

No. of Mitratech Holdings, Inc. Customers: 1200

No. of Mitratech Holdings, Inc. Enterprise Applications Customers: x

No. of Mitratech Holdings, Inc. Cloud Customers: x

No. of Mitratech Holdings, Inc. Cloud Subscribers: 500000

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 spends 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 Holdings, Inc. Market Opportunities, M&A and Geo Expansions

Mitratech achieved record financial results and profits in 2019, as well as a key acquisitions to bolster its product lineup, changes to its leadership team and additions to its global partnership network. The company credits its 2019 fiscal success to meeting the rising market need for best-in-class technology with proven track records and ROI. Beyond financial results, Mitratech saw growth of its worldwide client base; by the end of 2019, six of the top 10 global financial institutions utilized Mitratech enterprise legal management solutions.

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 Holdings, Inc. 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 Holdings, Inc. 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 Holdings, Inc. 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).

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