FLORHAM PARK, NJ, March 03, 2022 (GLOBE NEWSWIRE) — TrueCommerce, a global provider of trading partner connectivity, integration and omnichannel solutions, today announced significant growth in 2021. In addition to doubling its workforce , growing its customer base by 40% and expanding its presence across the Americas, Europe and APAC, the company also saw a 24% increase in total connections to its global network year-on-year. on the other. Overall data volume also increased by more than 25% compared to 2020. Key contributors to the growth include the acquisition of DiCentral and investments in its global platform and product development, which the company is accelerating to ‘in 2022.
“Since I joined TrueCommerce in December 2020, we have invested in our technologies and services platform to expand our global presence and better enable our 18,000+ customers to solve the increased complexity of their commerce chains. supply chain and realize their growth potential. These strategic initiatives support our vision to be the leader in global connectivity, supply chain solutions and managed services,” said John Fay, CEO of TrueCommerce.
As the leader in global supply chain solutions, TrueCommerce offers a suite of unified commerce services and applications that enable businesses to connect with customers, suppliers and channels around the world. By integrating with popular ERP systems, these advanced technologies increase supply chain visibility and real-time collaboration.
Investments in TrueCommerce technology increased 15% last year as the company improved its cloud infrastructure, API offerings and global connectivity. These investments have been supported by growing market interest in automation and digitalization, driven by changes in the supply chain, complexity and changing consumer behaviors.
Multiple channels on the TrueCommerce network have shown impressive expansion, with e-commerce and marketplace traffic seeing double-digit growth over 2020. This strong trend of growth in e-commerce activity continues into 2022.
The acquisition of DiCentral in September 2021 further expanded TrueCommerce’s offerings and global footprint. The largest in TrueCommerce’s history, this acquisition brought 30,000 additional connections and 5,000 customers along with a strong customer presence in North America, Germany and Central Europe, significantly increasing the depth and breadth of the combined company’s digital supply chain network.
“Going forward, we will continue our focused, customer-centric growth approach by leveraging our strengths, committing to innovation and investing in key markets to optimize our global presence. We will build on our already strong workforce and identify acquisition opportunities that will allow us to consistently respond to market developments and meet the needs of our customers,” said Mr. Fay.
TrueCommerce is already building on the momentum established in 2021 by focusing on the following:
- Improved TrueCommerce Network – Increase investment in research and development to create new network capabilities that will provide customers with better visibility, expanded connection possibilities, improved speed and scalability, and new value-added network applications
- Accelerated global expansion – Significantly invest in its leading European managed services platform in the UK and Ireland, the Nordics, Germany and Central and Northern Europe. The company will invest and allow its customers in Europe to benefit from the global network and tools of TrueCommerce
- Innovation in specific vertical solutions – Develop and improve unique solutions for the automotive industry that support both OEMs and suppliers across gasoline and electric vehicle technologies
“Our clients are deploying TrueCommerce solutions to eliminate time-consuming, error-prone manual processes and to expand their digital trading networks,” Fay said. “The growth we’ve seen in our key markets confirms the importance of unified commerce, integration and automation. We’ve seen these trends build for years, but they kicked into high gear in 2021 and haven’t stopped since. We are confident in our strategy moving forward as customers continue to demand and adopt new digital supply chain technologies around the world. »
TrueCommerce is the most comprehensive way to connect your business across the supply chain, integrating everything from EDI, inventory management, fulfillment, digital storefronts and marketplaces. We have revolutionized supply chain visibility and collaboration by helping organizations get the most out of their omnichannel initiatives through P2P connectivity, order management, collaborative replenishment, smart fulfillment, cross-functional analytics and product information management.
The TrueCommerce Global Commerce Network can connect businesses to over 160,000 retailers, distributors and logistics service providers. As a fully managed service provider, we also manage the onboarding of new trading partners, as well as the ongoing management of partner-specific mapping, labeling changes and communications monitoring. That’s why thousands of companies, ranging from startups to the global Fortune 100, in various industries, trust us.
TrueCommerce: Do Business Every Way
For more information visit https://truecommerce.com/
Director, Marketing Communications