Plex Systems

Software company


title: "Plex Systems" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1995-establishments-in-michigan", "american-companies-established-in-1995", "cloud-computing-providers", "companies-based-in-troy,-michigan", "erp-software-companies", "production-and-manufacturing-software", "software-companies-based-in-michigan", "software-companies-established-in-1995", "software-companies-of-the-united-states", "apax-partners-companies"] description: "Software company" topic_path: "technology/computing" source: "https://en.wikipedia.org/wiki/Plex_Systems" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Software company ::

::data[format=table title="Infobox company"]

FieldValue
namePlex Systems, Inc.
logoPlex Systems logo.png
industrySoftware
founded
hq_location_cityTroy, Michigan
hq_location_countryUnited States
area_servedAmericas, EMEA, Asia-Pacific
productsEnterprise software, including: ERP, MES, QMS, SCMS, CRM
website
::

| name = Plex Systems, Inc. | logo = Plex Systems logo.png | industry = Software | founded = | hq_location_city = Troy, Michigan | hq_location_country = United States | area_served = Americas, EMEA, Asia-Pacific | products = Enterprise software, including: ERP, MES, QMS, SCMS, CRM | website =

Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.

Plex System was acquired by Rockwell Automation in 2021 for $2.2 billion dollars.

History

Plex Systems began as an internal IT project at an automotive parts manufacturer, MSP Industries Corporation, in 1989. The company was formed as Plexus Systems LLC in 1995 by Robert Beatty, providing client/server manufacturing software. The company began offering its software via the software as a service (SaaS) or cloud computing model when Plexus Online was launched in 2001.

In 2006 Apax Partners acquired a majority interest in the company.

In 2009, the company changed its name to Plex Systems and renamed its flagship product Plex Online. In June 2012, the company announced the acquisition from a group of share holders, including Apax Partners by Francisco Partners. In June 2012, Accel Partners invested $30 million in Plex: In June 2014, Plex secured $50 million in additional funding led by T. Rowe Price, which joined existing investors Francisco Partners and Accel Partners. The investment will be used to support expanded product development, as well as investments in marketing and sales. In June 2021, Plex was acquired by Rockwell Automation $2.22 billion in cash.

Aberdeen Group suggested in its "Aberdeen AXIS: ERP in Manufacturing 2009” report that Plex Systems was among the top four performing ERP vendors. Plex was the only ERP software solution provider placed entirely within the “Champion” performance category, just ahead of SAP AG. (There is evidence of Plex acting as a sponsor for Aberdeen Group so this report from Aberdeen may be biased) However, other vendors evaluated in the same report are also sponsors of Aberdeen Group.

Historically, the company has not released detailed financial information, citing its status as a privately held corporation. However, in May 2012, the company reported a revenue increase of 30.6% in the first quarter ending March 31, compared to a year earlier. Recurring revenue increased by 30.5 percent, representing the 19th consecutive quarter of growth."

Plex is known as the first provider of a complete SaaS ERP solution for manufacturing companies. Several IT software bloggers have written about Plex’s ability to provide a wide scope of critical features for manufacturers in a SaaS model, where larger ERP vendors had not succeeded at the time.

Product

The Plex Manufacturing Cloud is a software as a service (SaaS) or cloud application ERP that manages the manufacturing process and supports the functions of production, inventory, shipping, supply-chain management, quality, accounting, sales, and human resource departments, in addition to the traditional ERP roles of finance/accounting, procurement, human capital management, etc.

Plex is targeted towards manufacturing industries with rigorous traceability, quality and food safety requirements, including automotive, aerospace, food & beverage, and life sciences or medical manufacturing. The system must be accessed using a web browser, making its functions available from anywhere with an Internet connection. The software is designed to provide managers and engineers with real-time visibility to production data.

While Plex Systems calls the SaaS solution "ERP", the software also includes the following integrated functions:

References

References

  1. [http://www.mbtmag.com/news/2012/10/plex-systems-unveils-new-world-headquarters Plex Systems Unveils New World Headquarters]
  2. "ERP Manufacturing Execution Systems - MES Solutions". Plex.com.
  3. [https://www.capitalatplay.com/a-tale-of-two-passions/ A Tale of Two Passions: Robert Beatty’s journey from cloud computing innovator to New York Times Bestseller.]
  4. "About Plex". Plex.com.
  5. "Apax Partners makes strategic investment in Plexus Systems, provider of on-demand manufacturing systems".
  6. (2009-01-06). "Plexus Systems, Inc. Changes Name to Plex Systems, Inc.". Reuters.
  7. "Francisco Partners to Acquire Plex". Plex.com.
  8. (2012-06-06). "Plex Systems Gets New Owner". Detroit.cbslocal.com.
  9. (2012-12-18). "Plex Systems Raises 30 Million Strategic Investment from Accel Partners".
  10. (2014-06-10). "Plex System Secures 50 Million Round of Funding Led by T. Rowe Price".
  11. (2014-06-10). "Forbes: T. Rowe Price Leads $50M Round for Plex Systems at $500M Valuation". Wall Street Journal.
  12. (2021-06-25). "Rockwell Automation to Expand Industrial Cloud Software Offering with Acquisition of Plex Systems".
  13. (2009-06-29). "Aberdeen reveals top performing ERP companies".
  14. "The Aberdeen AXIS: ERP in Manufacturing 2009".
  15. "Smartbrief".
  16. "MMAT".
  17. "SAP Press". Sap.com.
  18. David Hope-Ross. (2011-11-01). "Oracle Press". Blogs.oracle.com.
  19. "Infor Report".
  20. [https://archive.today/20130122150651/http://blogs.epicor.com/connectedretailer/2011/06/ Epicor Blog]
  21. (2012-05-01). "CBS Detroit".
  22. (22 May 2014). "Plex Systems: Detroit's New Dashboard". Bloomberg.
  23. (2010-06-01). "The Future of ERP: SAP, Plex and Rootstock".
  24. (2010-04-09). "Plex Online: pure SaaS for manufacturing".
  25. (2009-02-11). "Enterprise Software Brings Form, Functionality".
  26. (March 2018). "Plex Makes Its Move Into Food, Beverage, Biosciences Industries".
  27. (2011-01-12). "Can Software Solve the Food Industry's Problems?".
  28. "Improvements To Plant Automation Software".
  29. (January 2011). "Metal Fab Plant Finds Cloud Savings".
  30. "Rockwell Automation showcases the future of industrial operations at Industrial Transformation Saudi Arabia 2025".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

1995-establishments-in-michiganamerican-companies-established-in-1995cloud-computing-providerscompanies-based-in-troy,-michiganerp-software-companiesproduction-and-manufacturing-softwaresoftware-companies-based-in-michigansoftware-companies-established-in-1995software-companies-of-the-united-statesapax-partners-companies