Revenue 127.9 million USD (2014) Number of employees 943 (2015) | Founder Gary W Anderson CEO Archie C. Black (2001–) Founded 1987 | |
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Traded as NASDAQ: SPSCS&P 600 Component Industry Technology – application software Key people Archie C. Black (CEO, President, Director) Kimberly K. Nelson (Chief Financial Officer, and Principal Accounting Officer)James J. Frome(Chief Operating Officer)Jamie Thingelstad (Chief Technology Officer) Stock price SPSC (NASDAQ) US$ 56.48 +0.21 (+0.37%)24 Mar, 4:00 PM GMT-4 - Disclaimer Subsidiaries SPS Commerce Australia Pty Ltd. Profiles | ||
SPS Commerce is a corporation based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners. The company's headquarters are located in Minneapolis, Minnesota, but it also has US offices in San Diego and New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, London and Kiev. In 2015, the Minneapolis Star Tribune reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota. SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014.
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History
The company was founded in 1987 under the name St. Paul Software. In 2000, the company sold its software business to Netherlands-based TIE Commerce. After the sale, the company primarily offered Internet-based business-to-business exchanges for retailers and manufacturers. St. Paul Software was renamed SPS Commerce in May 2001. SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market. Soon after, the company acquired San Diego-based EDI services company Direct EDI for $10.9m, adding 40 employees in a San Diego office and a development group in Ukraine. SPS continued to expand its operations in 2012 with the purchase of New Jersey-based data analytics firm Edifice, and in 2014 with the $14.9m acquisition of LeadTec, a supply chain solutions provider headquartered in Melbourne, Australia. In 2015, SPS hired former Target Corp CIO Beth Jacob in an executive role.
Products and services
SPS Commerce applications facilitate supply chain automation, electronic communication and data analytics. Specific product offerings include Trading Partner Fulfillment, Assortment, and Analytics, as well as bar code labeling and Scan & Pack solutions.