At first, this may increasingly sound like an odd acquisition. Rackspace remains to be greatest recognized for its internet hosting and managed cloud and infrastructure providers, in any case, and RelationEdge is all about serving to companies handle their Salesforce SaaS implementations. The corporate clearly desires to develop its portfolio, although, and add managed providers for SaaS functions to its lineup. It made step one on this path with the acquisition of TriCore final 12 months, one other firm within the enterprise software administration house. Immediately’s acquisition builds upon this theme.
Gerard Brossard, the chief VP and basic supervisor of Rackspace Software Providers, informed me that the corporate remains to be within the early days of its software administration apply, however that it’s seeing good momentum because it’s gaining each new clients thanks to those choices and as current clients look to Rackspace for managing greater than their infrastructure. “This permits us to leap into that SaaS administration apply, beginning with the leaders available in the market,” he informed me.
Why promote RelationEdge, an organization that has gained some good traction and now has about 125 staff? “On the finish of the day, we’ve completed an incredible quantity organically with little or no funding,” RelationEdge founder and CEO Matt Stoyka informed me. “However there’s a big alternative within the house that we will reap the benefits of. However to try this, we would have liked greater than was obtainable to us, however we would have liked to search out the precise residence for our individuals and our firm.” He additionally famous that the 2 corporations appear to have an analogous tradition and mission, which focuses extra on the enterprise outcomes than the expertise itself.
In the intervening time, the RelationEdge model will stay and Rackspace plans to run the enterprise “with appreciable independence underneath its present management.” Brossard famous that the rationale for that is RelationEdge’s current model recognition.