Business
Tecsys Soars Past $100 Million in Revenue for the First Time, Builds Momentum in Retail Omnichannel and Healthcare Supply Chain
Tecsys Soars Past $100 Million in Revenue for the First Time, Builds Momentum in Retail Om...
About this update from Tecsys Inc.
[{"type":"text","content":"\n\n\n\nTecsys Soars Past $100 Million in Revenue for the First Time, Builds Momentum in Retail Omnichannel and Healthcare Supply Chain\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 15, 2020\n\n\n\nSupply chain technology company continues resilient growth driven by strong SaaS adoption across omnichannel retail and healthcare supply chain industries, delivering to customers operational agility and system flexibility through volatile market conditions.\n MONTREAL, July 15, 2020 /CNW/ -- Tecsys Inc. (TSX: TCS), an industry-leading supply chain management software company, jumps 37% year-over-year to post its first $100 million-plus fiscal year revenue performance for 2020. The company heads into fiscal 2021 with an aggressive growth strategy centered on expanded solution integration partnerships, nimble cloud deployment and post-pandemic market demand surge for omnichannel fulfillment and consolidated services. As the Montreal-based software provider nears its fourth decade in business, it is rapidly becoming a recognized global supply chain solution provider for increasingly complex and critical ecosystems that is well-positioned to equip clients to compete for the consumer doorstep.\n\n \n \n \n \n \n \n\n \nTecsys is a dominant supply chain software vendor for the healthcare market, and a prominent vendor in complex supply chains with emerging presence in retail logistics. As a result, Tecsys finds itself at the nexus of two major surging post-COVID-19 markets; healthcare supply chain and digital commerce. The value Tecsys delivers to its customers has quickly risen in priority for organizations still running less sophisticated systems.\n\"If we learn nothing else from COVID-19, we should realize that supply chain can make or break your business,\" says Peter Brereton, president and CEO at Tecsys. \"Adding to the complexity of converging and consolidating markets is a massive acceleration in omnichannel consumer adoption, and we're very quickly seeing less nimble operations crumble. Our ability to manage that complexity and turn...