Welcome!

Containers Expo Blog Authors: Elizabeth White, Lori MacVittie, Liz McMillan, Flint Brenton, Pat Romanski

News Feed Item

Rainmaker Systems Expands UK-Based Global Commerce Services and Shifts All Austin-Based Corporate Functions to Silicon Valley HQ

CAMPBELL, CA -- (Marketwire) -- 01/25/13 -- Rainmaker Systems, Inc. (NASDAQ: RMKR), a recognized technology leader in the rapidly emerging Commerce-as-a-Service sector, announced today that it is expanding its UK-based Global Commerce Services operation to extend and strengthen its value-added services to enterprise customers. The Global Commerce Services expansion is part of an internal shift in corporate resources previously allocated to Rainmaker's Austin, Texas, facility, which the company expects to wind down within three months.

Rainmaker expects to add approximately 60 employees to the Global Commerce Services facility, whose mission is to provide high-value services to enterprise customers, particularly those using Rainmaker's GrowCommerce platform. At the same time, Rainmaker is winding down its Austin, Texas, facility, which similarly employs approximately 60 employees. Some Austin employees are expected to transition to the company's Global Commerce Services operation.

The shift in resources follows last week's announcement that all of the company's Austin-based finance operations were to migrate to Rainmaker's Silicon Valley headquarters in Campbell, CA, under incoming Chief Financial Officer Mallorie Burak. Today's actions are designed to complete the migration of all of the company's U.S. Finance and Administration functions to the Silicon Valley headquarters.

Rainmaker expects that, after the resource shift is completed in three months, annual savings benefiting operating income will total approximately $750,000. The company expects the transition to result in higher levels of service to customers. Rainmaker intends to provide detail about these actions and its entire 2013 growth initiative in its Q4 2012 earnings announcement and investor call, to be conducted before the end of the current quarter.

"Today's actions are designed to maximize service to Rainmaker's enterprise customers by concentrating resources in our Global Commerce Services operation and at the same time realizing significant operating savings," said Rainmaker Chief Executive Officer Donald J, Massaro, who joined the company last month. "This strategic reallocation is part of a comprehensive 2013 initiative designed to leverage our GrowCommerce platform's extensive scale and provide unsurpassed value to our enterprise customers. We are focusing tightly on business that combines high growth, high value and unsurpassed productivity -- like our unrivaled 28-language, EMEA-based Global Commerce Services operation. Combined with the GrowCommerce platform, our Global Commerce Services provide enterprise customers a turnkey solution that enables quick market entry and rapid growth. This strategic reallocation also logically requires relocating Austin-based operations to our corporate headquarters in Silicon Valley. We are grateful to our Austin-based employees, and we are hopeful that a number of them are able to make the move to our Global Commerce Services organization."

Rainmaker Systems is a recognized technology leader in the rapidly emerging Commerce-as-a-Service sector. Rainmaker's GrowCommerce is designed to be the SaaS Business-to-Business electronic commerce platform of choice for large enterprises that serve the SMB market. At the center of Commerce-as-a-Service, GrowCommerce is an open platform that can be easily integrated with other B2B e-commerce solutions designed and built for the cloud.

Enterprise customers can license the platform on an annual or multi-year basis. Customers can assign the entire function to GrowCommerce or integrate it into their own internal systems. They can combine the GrowCommerce platform with Rainmaker's 28-language, EMEA-based Global Commerce Center for a turnkey solution that enables quick market entry and rapid growth.

The GrowCommerce platform:

  • brings together business process and sales;
  • provides segmented and comprehensive reporting that reveals the hidden value in big data;
  • automates complex pricing, contract consolidation and quote management;
  • enables click-to-cash processing of invoices, credit and collection;
  • offers multi-currency and multi-national extensibility; and
  • provides an unrivaled complement to Salesforce.com.

About Rainmaker

Rainmaker is a leading Commerce-as-a-Service (CaaS) provider to large enterprises driving to gain greater market share of and increased brand awareness within worldwide SMB markets with their cloud-based or on-premise product offerings. For more information, visit http://www.rainmakersystems.com or call 800-631-1545.

CONTACT:
Robert Ferri Partners
Robert Ferri
415-575-1589 (direct)
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...