Danaos Management Consultants was founded in Piraeus in 1986. Dr John Coustas, who also leads the shipowner Danaos Corporation, is a co-founder, and the software house remains an affiliate of that company.
The ERP was later offered as a web-based product. A 2012 Danaos newsletter described a cloud-capable web version of Danaos Enterprise, with smartphone and tablet versions. Today the suite is marketed as Danaos Web Enterprise, alongside DanaosONE, a cloud platform for collaboration with suppliers and other systems.
Trade press has described Danaos as the most widely adopted ERP system in Greek shipping. Its published integrations include HarborLab for port costs, Q88 for cargo history, and the procurement platforms ProcureShip and ShipServ.