Datamyne

Datamyne is a United States-based provider of international trade data, searchable customs records, and analytical tools for companies seeking information about import and export activity. Its principal offering gives subscribers access to transaction-level information assembled from customs filings, maritime bills of lading, and records supplied by trade and government authorities. Users can search and analyze shipments by such attributes as importer, foreign supplier, product description, origin, destination, port, shipping line, and trade route. The business developed from earlier ventures founded by entrepreneur Pablo Milburn in South America. In 1992, Milburn established URUNET as an online source for Uruguayan foreign-trade information. In 1997, he launched Mercosur Online in Argentina, extending the model to customs-derived import-export information from Argentina, Brazil, Paraguay, and Uruguay. Milburn received recognition from Endeavor Global as a high-impact entrepreneur in 2003 and obtained backing from Nassau Point Investors to expand the business into the United States. A further private equity offering took place in 2010. Datamyne was incorporated in Delaware in 2005 and operated from Miami. Its initial U.S. business centered on online access to American import-export information, including maritime import data, while retaining coverage of South American trade. The company sold database access through annual subscriptions that provided unmetered searching, analysis, and reporting for all or selected countries. It also offered custom international market research and supplied information to government agencies, nongovernmental organizations, and news organizations. The company’s best-known data set focused on waterborne trade involving the United States and approximately 240 geographic markets. Derived from maritime bills of lading, the information could include cargo descriptions, departure and arrival ports, shipping lines, importing companies, and foreign suppliers. Company records could also be linked with Dun & Bradstreet business information, allowing users to combine shipment activity with corporate background research. The service was used particularly by transportation-related businesses and by globally oriented industries such as chemicals, mining, food and beverage, and apparel. In December 2016, Descartes Systems Group acquired Datamyne for approximately US$52.7 million in cash. Following the acquisition, the offering became known as Descartes Datamyne and was integrated into Descartes’ Global Trade Content portfolio. Coverage expanded to include the United States’ NAFTA partners, additional Central and South American countries, European Union member states, and major trading nations in Asia, Africa, and elsewhere. The expanded database represented countries that together accounted for a substantial share of world trade. Datamyne’s Miami operations historically coexisted with locations in Jacksonville, Chicago, Los Angeles, and the New York metropolitan area, as well as sales offices in Montevideo, Buenos Aires, and São Paulo. Data collection and processing were carried out in Montevideo, where the data center was certified under ISO 9001:2008 quality-management standards. As a Descartes business, Datamyne remains positioned as a specialized source of global trade content for commercial intelligence, supply-chain research, market assessment, lead generation, and competitive analysis.

Datamyne’s history begins with Pablo Milburn’s efforts to make South American foreign-trade information available online. In 1992, Milburn founded URUNET, a service focused on Uruguayan trade data. The project established the basic model later associated with Datamyne: transforming official trade documentation into a searchable information product for commercial users. In 1997, Milburn launched Mercosur Online in Argentina. The service expanded the geographic scope to the four founding members of Mercosur—Argentina, Brazil, Paraguay, and Uruguay—and used customs-sourced records to provide information on imports and exports. This regional experience formed the foundation for a broader international trade-data business. Endeavor Global recognized Milburn as a high-impact entrepreneur in 2003, the same year generally associated with the founding of Datamyne as a distinct company. To support expansion into the United States, Milburn secured private-equity backing from Nassau Point Investors of Greenwich, Connecticut. Datamyne was incorporated in Delaware in 2005 and established its headquarters in Miami. Its initial commercial service provided online access to U.S. import-export information, including maritime import records, together with data covering South American markets. The company later raised additional equity through a private offering in 2010. Datamyne’s core business involved collecting and processing information from customs authorities, trade ministries, and transaction documents. The resulting database allowed subscribers to search, analyze, and report on international shipments. The company’s U.S. maritime data was particularly important: records derived from bills of lading could identify cargo descriptions, ports, shipping lines, importing companies, and overseas suppliers. Linking company names with Dun & Bradstreet background information added corporate context to shipment research. The service was marketed to transportation companies and to industries with international supply chains, including chemicals, mining, food and beverage, and apparel. Datamyne also provided custom market-research work and made its information available to public-sector organizations, nongovernmental organizations, and media outlets. Its subscription model generally offered unmetered access to all or selected countries, while a pay-as-you-go option received recognition from the Association of Independent Information Professionals for its usefulness to independent researchers. Operationally, Datamyne was headquartered in Miami and maintained additional locations in Jacksonville, Chicago, Los Angeles, and the New York metropolitan area. It also had sales offices in Montevideo, Buenos Aires, and São Paulo. Data collection and processing were based in Montevideo, and the company reported ISO 9001:2008 certification for the quality-management systems and processes supporting development, marketing, and after-sales service. A major turning point occurred in December 2016, when Descartes Systems Group acquired Datamyne for approximately US$52.7 million in cash. The business became part of Descartes’ Global Trade Content suite and was subsequently presented as Descartes Datamyne. Under Descartes, coverage expanded to include Canada and Mexico, sixteen countries in Central and South America, European Union member nations, and major economies including China, India, Japan, Russia, South Korea, and South Africa. The expanded coverage strengthened the service’s use as a multinational trade-intelligence resource. Datamyne is now best understood as an active Descartes business and product brand rather than an independent publicly listed company.

• 2016

  Acquisition by Descartes Systems Group

  [1]Datamyneen.wikipedia.org

  Descartes Systems Group acquires Datamyne in December for approximately US$52.7 million in cash.

• 2010

  Additional private equity is raised

  [1]Datamyneen.wikipedia.org

  Datamyne raises additional equity through a private offering to support its business development.

• 2005

  Datamyne is incorporated in Delaware

  [1]Datamyneen.wikipedia.org

  The company is incorporated in Delaware and begins operating from Miami with online U.S. and South American trade-data services.

• 2003

  Datamyne is established

  [1]Datamyneen.wikipedia.org

  Datamyne is founded as the business expands its South American trade-data model toward the United States; Milburn is also recognized by Endeavor Global as a high-impact entrepreneur.

• 1997

  Mercosur Online launches

  [1]Datamyneen.wikipedia.org

  Milburn launches Mercosur Online in Argentina, offering customs-based import-export information for Argentina, Brazil, Paraguay, and Uruguay.

• 1992

  URUNET is founded

  [1]Datamyneen.wikipedia.org

  Pablo Milburn establishes URUNET as an online source for Uruguayan foreign-trade data, creating the precursor to Datamyne’s trade-information business.

• International coverage expands

  [1]Datamyneen.wikipedia.org

  Following the acquisition, Datamyne’s database expands across North America, Latin America, Europe, Asia, and South Africa and becomes part of Descartes Global Trade Content.

Specialized provider of searchable customs and shipment data for international trade intelligence, market research, supply-chain analysis, and business development.

• International trade-data platform

  Descartes Datamyne

  Descartes Datamyne is the company’s principal searchable trade-data service. It provides subscription access to import-export records collected from customs filings, trade ministries, bills of lading, and related transaction documents. Users can search and analyze shipment activity by country, company, product, port, shipping line, origin, destination, and other available fields. The platform is designed for market research, competitive intelligence, prospecting, supply-chain analysis, and international business planning.

• Maritime shipment data

  U.S. Waterborne Trade Data

  This flagship data set covers waterborne trade involving the United States and approximately 240 distinct geographic markets. Based on maritime bills of lading, it can provide cargo descriptions, ports of departure and arrival, shipping lines, importing companies, and foreign suppliers. Company records may be connected to Dun & Bradstreet information, allowing researchers to examine shipment activity alongside business background data.

• Research services

  Custom International Market Research

  Datamyne also provides custom international market-research services in addition to standardized database subscriptions. These services use the company’s trade records and analytical capabilities to support tailored investigations of markets, suppliers, buyers, products, routes, and competitive activity. The offering complements the platform’s self-service search, analysis, and reporting tools.

• 2016

  Join Descartes Systems GroupM&A

  Background

  Datamyne had built a specialized business around customs-derived international trade data and maritime shipment information. Descartes Systems Group sought to strengthen its global trade-content capabilities through the acquisition.

  Action taken

  Descartes acquired Datamyne in December 2016 for approximately US$52.7 million in cash and incorporated the service into its Global Trade Content suite.

  Aftermath

  The business continued as Descartes Datamyne, with broader geographic coverage spanning additional North American, Latin American, European, Asian, and African markets.

  Acquisition price. Approximately US$52.7 million in cash (December 2016)

  Source

1. 1Datamyneen.wikipedia.org
2. 2Datamyne official websitedatamyne.com