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Company type | Public |
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Nasdaq: SPSC S&P 600 Component | |
Industry | Technology – application software |
Founded | 1987 |
Founder | Gary W Anderson[ citation needed ] |
Headquarters | , United States |
Key people |
|
Services | Supply chain management solutions,[ buzzword ] EDI |
Revenue | $450 million (2022) [4] |
Number of employees | 1,363 (2019) [5] |
Website | spscommerce |
SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners. [6] The company's headquarters are located in Minneapolis, Minnesota, [7] but also has a US office in New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, Toronto, and Kyiv. [8] In 2015, the Minneapolis Star Tribune reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota. [9] SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014. [10]
The company was founded in 1987 , [11] under the name St. Paul Software. [12] In 2000, the company sold its software business to Netherlands-based TIE Commerce. [13] After the sale, the company primarily offered internet-based business-to-business (B2B) exchanges for retailers and manufacturers. [14] St. Paul Software was renamed SPS Commerce in May 2001. [15] SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market. [16] SPS has enjoyed 91 consecutive quarters of growth, most of which has been organic. They acquire companies where it makes sense, notably:
In addition to acquiring companies, SPS has been acquiring executives to newly created roles to expand the executive team:
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.
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Progressive Rail Inc. is a shortline railroad and owner of several other shortlines. PGR is directly operating several separate branches in Minnesota including the Airlake Terminal Railway. Progressive Rail also acquired the Wisconsin Northern Division in Chippewa Falls, Wisconsin and operates as a separately-named division. They also own the Chicago Junction Railroad, Clackamas Valley Railway, the Iowa Traction Railway and Iowa Southern Railway in Iowa, the Crab Orchard and Egyptian Railroad in Illinois, the St. Paul & Pacific Northwest Railroad, and the Wisconsin Northern Railroad.
St. Jude Medical, Inc. was an American global medical device company headquartered in Little Canada, Minnesota, U.S., a suburb of Saint Paul. The company had more than 20 principal operations and manufacturing facilities worldwide with products sold in more than 100 countries. Its major markets include the United States, Europe, Latin America and Asia-Pacific. The company was named after Jude the Apostle, the patron saint of lost causes.
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ShopJimmy.com is an e-commerce company that sells TV parts to businesses and consumers globally. The company started in 2007 and is located in Burnsville, Minnesota, United States. ShopJimmy.com's made the Inc. 500|5000 List in 2011–2015, Forbes' list of "America's Most Promising Companies" (#64) and several regional and industry-related recognitions.
Code42 is an American cybersecurity software company based in Minneapolis specializing in insider risk management. It is the maker of the cloud-native data protection product Incydr and security microlearning product Instructor. Code42's Incydr is a SaaS data-loss protection product. Incydr is designed to help enterprise security teams detect insider risks to data that could lead to data leak and data loss and insider threat breaches, and respond to them appropriately. Code42's Instructor is an integrated microlearning tool that allows security teams to send out security training videos to teach employees how to manage risk.
Brenton G. Hayden is an American entrepreneur. He is most well known for founding and serving as chief executive officer of Renters Warehouse. Hayden founded Renters Warehouse during the real estate market downturn in 2007. In 2015, the company reported revenues of $15 million, up 184 percent from the last three years.
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Bruce Welty is an American entrepreneur and businessman who designs and builds warehouse management systems (wms) and e-commerce order fulfillment systems. Welty is a founder of AllPoints Systems, Inc., Quiet Logistics, Inc., and Locus Robotics Corporation. He is the former chairman of the board for Locus and former chief executive officer and chairman of the board for Quiet Logistics. Mr. Welty holds 11 patents. His media appearances include 60 Minutes, CNN, CNBC and Bloomberg News.