project44 Strengths, Domain Expertise, and Key Differentiators
project44 is a transportation visibility provider helping you share shipment location information with mutual customers in real-time, providing customers with the information they need to plan ahead and allowing drivers to spend more time on the road.
project44 Recent Developments
In March 2018, project44 launched Supplier Visibility. project44’s open supply chain visibility network provides an easy way for shippers to see prepaid freight managed by their suppliers. With real-time information about inbound prepaid shipments from suppliers linked to orders and inventory coming into the network, shippers can better manage inventory levels and carrying costs while breaking down internal silos between transportation and demand chain departments.
project44 Mergers and Acquisitions (M&A) Activities
In September 2021, project44 acquired Convey, a last-mile tech platform. Together, the two companies now serve the global supply chain end-to-end, providing real-time visibility and actionable insights from raw materials to the front door to help brands deliver differentiated direct-to-consumer and eCommerce experiences for their customers.
in March 2021 project44 acquired Ocean Insights, provider for ocean freight intelligence to expand its ocean solution by adding the broadest container tracking capabilities in the market, as well as one-of-a-kind sailing schedule and ocean analytics products.
project44 Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying project44 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 project44 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 project44 Advanced Visibility Platform customers.
Ownership: - x
Number of Employees: 1000
Functional Markets: SCM,
Key Verticals: Aerospace and Defense, Automotive, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Leisure and Recreation, Hospitality, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
project44 Key Enterprise and Cloud Applications
project44 Advanced Visibility Platform
project44 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.
project44 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%|
project44 Enterprise Applications Revenues By Functional Markets, $M:
project44 Enterprise Applications Revenues By Verticals, $M:
project44 Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
project44 Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
project44 Customers - Breakdown by Geo, Size, Vertical and Product
No. of project44 Customers: 1000+
No. of project44 Enterprise Applications Customers: 1000+
No. of project44 Cloud Customers: 1000+
No. of project44 Cloud Subscribers: x
Global brands like Amazon, P&G, Starbucks, Unilever, Nestle, Cargill, Lenovo, and The Bosch Group are among the 680+ enterprise customers who trust project44 to provide them with vital shipment information for more agility, automate inefficient manual processes, and, as a result, empower their supply chain resilience.
project44 Market Opportunities, M&A and Geo Expansions
In June 2021, project44 has closed a Series E investment of $202 Million led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2 Billion. To date, project44 has raised $442.5 Million to improve supply chain trust and predictability. This financing will accelerate the company’s expanded multimodal carrier network, make significant inroads into Asian markets, expand artificial intelligence (AI) and data science capabilities, accelerate new product innovation, and bolster sales and marketing reach globally.
In 2021, project44 posted 100 percent year-over-year growth in annual recurring revenue (ARR), surpassing $50 million. By delivering end-to-end supply chain visibility to a growing list of global companies like Amazon, Walmart, Unilever, Lenovo, and H&M.
In April 2021, project44 expanded its real-time shipment tracking services in China – giving clients the same transportation visibility it offers across mature markets like North American and Europe. This expansion will focus the company’s resources on Asia-based visibility to fulfill its vision for global end-to-end visibility across all modes of transportation.
project44 Risks and Challenges
In February 2020, project44 appointed three new members to its leadership team: Raji Bedi, Senior Vice President of Product, Manny Tayas, Senior Vice President of Sales in the Americas, and Michelle Mesina, Vice President of People.
project44 Ecosystem, Partners, Resellers and SI
In March 2021, SupplyStack, a cloud-based Transportation Management System (TMS), partnered with project44. SupplyStack and project44 are both focused on expanding visibility and insights across the entire supply chain. This partnership will expand into other areas beyond the TMS+ integration to provide actionable visibility across the supply chain. In April same year project44 unveiled another development in its strategic partnership with SupplyTrack. Project44 will now include SupplyStack’s Time Slot Booking solution in its Visibility Operations Center (VOC), extending project44’s global real-time visibility beyond the road and into warehouse operations. With Time Slot Booking in the VOC, project44 will also provide shippers, facilities, and logistics service providers additional insights to increase efficiency and reduce costs.
project44 Cloud Infrastructure Insights
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- project44 Public Cloud and Infrastructure (IaaS)
- project44 Platform (PaaS)
- project44 Application Delivery
- project44 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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