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Descartes Systems Group history
Descartes Systems Group company history timeline
Descartes was founded in 1981.
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 analyst 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.
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 has 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.
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Descartes Systems Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| American Global Logistics | 2007 | $200.0M | 20 | - |
| Speedmark Transportation | 1971 | $43.0M | 50 | - |
| MTS Logistics | 2000 | $5.0M | 125 | - |
| Green Worldwide Shipping | 2008 | $75.0M | 18 | - |
| Mid-America Overseas | 1976 | $67.6M | 200 | 7 |
| McLeod Software | 1985 | $26.0M | 528 | - |
| Manhattan Associates | 1990 | $1.0B | 2,100 | 26 |
| HUGHES TELEMATICS | 2007 | $71.3M | 6 | - |
| Healthland | 1980 | $91.0M | 356 | - |
| Newscycle Solutions | 2006 | $270.0M | 750 | - |
Descartes Systems Group history FAQs
Zippia gives an in-depth look into the details of Descartes Systems Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Descartes Systems Group. The employee data is based on information from people who have self-reported their past or current employments at Descartes Systems Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Descartes Systems Group. The data presented on this page does not represent the view of Descartes Systems Group and its employees or that of Zippia.
Descartes Systems Group may also be known as or be related to Descartes Systems Group and The Descartes Systems Group Inc.