Английская Википедия:Descartes Systems Group

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Шаблон:Short description Шаблон:Infobox company The Descartes Systems Group Inc. (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses.

Descartes is perhaps best known for its abrupt and unexpected turnaround in the mid-2000s after coming close to bankruptcy in the wake of the dot-com bubble collapse. It is also known as one of the earliest logistics technology companies to adopt an on-demand business model and sell its software as a service (SaaS) via the Internet. In addition, the company operates the Global Logistics Network, an extensive electronic messaging system used by freight companies, manufacturers, distributors, retailers, customs brokers, government agencies, and other interested parties to exchange logistics and customs information.

Headquartered in Waterloo, Ontario, Canada, Descartes is a publicly traded company with shares listed on the NASDAQ Stock Market (NASDAQ: DSGX) and Toronto Stock Exchange (TSX: DSG). It has offices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.

History

Descartes was founded in 1981.

In 1998, the company made an initial public offering on the Toronto Stock Exchange, where its common shares traded under the stock symbol DSG. Descartes was first listed on the NASDAQ Stock Market in 1999, with common shares trading under the symbol DSGX. Descartes’ share price peaked during the dot-com bubble and then fell precipitously in the subsequent crash.

In 2001, Descartes switched its business model from selling full-featured enterprise software licenses to providing on-demand software on a subscription basis, becoming one of the first SaaS providers in the logistics sector. After years of losses, Descartes came close to bankruptcy in 2004, prompting it to aggressively restructure. The company cut 35% of its workforce and initiated a sweeping transformation of its corporate culture under CEO Arthur Mesher, who was appointed in 2005.

The company returned to profitability in 2005, with one analystШаблон:Who describing this as "one of the most dramatic turnarounds in Canadian corporate history."

In December 2013, Descartes was added to the S&P/TSX Composite Index, an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange.

By January, 2015, Descartes had posted 41 straight profitable quarters and was supplying logistics software and services to more than 10,000 logistics-centric businesses, such as ground transportation companies, airlines, ocean carriers, freight forwarders, manufacturers, distributors, and retailers. Its customers included American Airlines, Delta Air Lines, Air Canada, British Airways, Maersk Group, Hapag-Lloyd, Con-way, Kuehne + Nagel, DHL, The Home Depot, Sears Brands, Hallmark Cards, Hasbro, Volvo, Ferrellgas, Del Monte, and The Coca-Cola Company.

In 2018, Gartner ranked Descartes 6th in its list of the Top 20 Supply Chain Management Software Suppliers, based on revenue of $221 million.

In July 2020, Descartes Systems Group confirmed that dnata is expanding Descartes Core Bluetooth Low Energy (BLE) readers through its regional freight operations to enable foreign mail, shipment, and freight monitoring. Groupe Descartes Services T.DSG stock is up $0.68 to $71.47.

Acquisitions

Acquisitions have played a key role in Descartes’ growth. By acquiring niche technology companies, Descartes has expanded its line of logistics software and services, enlarged its customer base, and extended its business geographically.

Acquisitions going back to 2006 are listed below.

Year Acquired	Company	Specialty	Country	References
2006	ViaSafe	Cross-border and regulatory compliance software	Canada
2006	Flagship Customs Services	Customs filing software	US
2006	Cube Route	On-demand logistics management software	Canada
2007	Ocean Tariff Bureau and Blue Pacific Services	Tariff filing & contract publishing and surety bonds for ocean intermediaries	US
2007	Global Freight Exchange	Electronic air cargo booking system	UK
2007	RouteView Technologies	Delivery management software	US
2008	Pacific Coast Tariff Bureau	Regulatory compliance services	US
2008	Mobitrac Fleet Management Business	Fleet routing and scheduling SaaS	US
2008	Dexx	European customs filing and logistics messaging	Belgium
2009	Oceanwide	SaaS customs and regulatory compliance	Canada/US
2009	Scancode Systems	Parcel and LTL shipping software	Canada
2010	Porthus	Global trade management software	Belgium
2010	Imanet	On-demand Canadian customs filing software	Canada
2010	Routing International	Route planning software	Belgium
2011	Telargo	Fleet telematics data gathering software and services	US/Slovenia/Hong Kong
2011	IntercommIT	Electronic exchange of trade data	Netherlands
2012	GeoMicro	Vehicle routing and navigation technology	US
2012	Infodis	Transportation management SaaS	Netherlands
2012	Integrated Export Systems	Logistics SaaS	US/Hong Kong
2012	Exentra	EU driver compliance SaaS	UK
2013	KSD Software Norway	Electronic customs filing software for the EU	Norway
2013	Impatex Freight Software	Electronic customs filing and freight forwarding software	UK
2013	Compudata	Supply chain integration and e-invoicing software	Switzerland
2014	Computer Management	Security information filing services and air cargo management software	US
2014	Customs Info	Trade data and research tools	US
2014	Airclic	Mobile logistics automation software	US
2014	Pentant	Customs connectivity and import/export software	UK
2014	e-customs	Electronic security and customs filing software	UK
2015	MK Data Services	Denied party screening data and software	US
2015	BearWare	Mobile carton tracking technology for retailers	US
2015	Oz Development	Logistics automation software for SMEs	US
2016	Pixi Software	e-Commerce order fulfillment and warehouse management software	Germany
2016	Appterra	Business-to-business supply chain SaaS	US
2016	4Solutions	Cloud-based supply chain integration	Australia
2016	Datamyne	Cloud-based trade data	US
2017	ShipRush	e-Commerce parcel shipping software	US
2017	PCSTrac	Shipment tracking software for retailers	US
2017	MacroPoint	Freight tracking technology	US
2018	Aljex Software	Cloud-based transportation management	US
2018	Velocity Mail	Shipment tracking service for airlines	US
2018	PinPoint GPS Solutions	Fleet tracking/mobile workforce technology	Canada
2019	Visual Compliance	Restricted and denied party screening	US
2019	Core Transport Technologies	Accurate tracking of international mail, parcel, and cargo shipments	New Zealand
2019	STEPcom	Business-to-Business supply chain integration network	Switzerland
2019	BestTransport	Transportation management system provider	US
2020	Peoplevox	Cloud-Based eCommerce WMS	UK
2020	Kontainers	Logistics SaaS	UK
2020	ShipTrack	Cloud-Based Logistics platform for Final-Mile Deliveries	Canada
2021	QuestaWeb	A leading provider of foreign trade zone (FTZ) and customs compliance solutions	US
2021	Portrix Logistic Software	Streamlines and automates complex global shipping rate management processes	Germany
2021	GreenMile	Cloud-based mobile route execution solutions for food, beverage, and broader distribution verticals	US
2022	NetCHB	Cloud-based platform to streamline and automate customs filing processes in the US	US
2023	GroundCloud	Cloud-based provider of final-mile carrier solutions and road safety compliance tools	US

Global Logistics Network

Descartes’ cloud-based logistics messaging system, the Global Logistics Network (GLN), connects more than 13,000 customers in over 160 countries, making it one of the world’s largest logistics networks. Each year, the GLN carries more than 4.5 billion messages and manages more than 30 million shipping routes.

Companies use the network to oversee shipping orders, file customs paperwork, comply with security regulations, share information across international supply chains, and automate logistics processes. In 2015, Descartes signed a deal with German business software giant SAP SE that allows users of SAP’s transportation management software to access the GLN.

Conference

Descartes holds an annual logistics technology conference for its users and partners. The eleventh Descartes "Evolution" conference was held in 2016.

External links

• Шаблон:Official websiteШаблон:Finance links