TECSYS Inc.

TECSYS Inc. Overview

Company Headquarters: Canada

Founded: 1983

Workforce: ~400

Company Working: TECSYS, Inc. is a Canada-based company which develops, offers, and markets enterprise distribution, warehouse, and transportation logistics software and services. The company offers these solutions and services to many industries such as heavy equipment, third-party logistics, healthcare, and general wholesale distribution industries. The operates through the US, the UK, Russia, and Canada. The company’s product line includes requisition management, business intelligence, order management, supply management, warehouse management, radiofrequency equipment, electronic commerce, transportation management, mobile delivery management, procurement, financial management, and value-added services. Additionally, the company offers various services such as customer services, business consulting, technical services, and training services.

Strategy

TECSYS, Inc. focuses on inorganic strategies to expand its business globally. The company heavily invests in acquiring software companies to increase its products portfolio and services. The company also aims to invest in research and development to develop new solutions for warehouse and logistics industries. The company also offers subscription-based licensing, implementations, and enhanced payment terms, hosting services, and modular sales to promote revenue growth.

Company Snapshot

$48.5M

Revenue

400

Employees

1983

Founded

Canada

Headquarters

SWOT Analysis

Strengths

▪ Strong focus on research and development ▪ Strong acquisition

Weaknesses

Dependency on partners

Opportunities

Focus on global expansion ▪ Strategic partnerships

Threats

▪ Risk associated with currency exchange rate ▪ Rapid technology changes

Key Developments

Date	Approach	Development
February 2019	Acquisition	Tecsys Inc. acquired PCSYS A/S, a Danish technology company which offers software and hardware solutions for transportation management, labelling systems and warehouse management. This acquisition will strengthen the product portfolio of Tecsys Inc.
November 2018	Acquisition	Tecsys Inc. acquired OrderDynamics, a company which offers retail-distributed order management software. This acquisition has strengthened the product portfolio of Tecsys Inc.

Product Offering

TECSYS Inc.
- IoT in Warehouse

Financial Performance

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