Datamyne, Inc.

Datamyne, Inc. is a provider of global trade data solutions, specializing in the aggregation and analysis of shipment data from customs agencies to improve supply chain visibility and market intelligence for businesses. Founded in 1992 and headquartered in Miami, US, Datamyne, Inc. specializes in global trade data analysis.

In December 2016, the company was acquired by Descartes Systems Group for USD 52. 7 mn. CEO Brendan McCahill leads the company following this acquisition. Descartes Datamyne offers a comprehensive global trade data platform that aggregates shipment data from customs agencies worldwide.

The platform includes a global trade database, advanced HTS duty and tariff analysis tools, and analytics solutions aimed at enhancing supply chain efficiency. Its services cater to manufacturers, importers, wholesalers, and logistics providers across North America, Latin America, Asia-Pacific, Europe, and the Middle East, providing timely insights from detailed U. S. maritime imports and exports data.

Descartes Datamyne generates revenue through subscription-based models for its trade data services, allowing clients to access real-time information and tailored analytics. The transaction structure typically involves B2B partnerships, where businesses subscribe to various service tiers for comprehensive access to trade intelligence, tariff analysis, and market insights. The company plans to leverage its recent acquisition funding to enhance product offerings and expand into new geographic markets. Recent developments indicate a focus on improving analytical tools and increasing the depth of data available to clients.

The acquisition in December 2016 for USD 52. 7 mn supports these initiatives by providing enhanced resources for product development and market expansion.