Welcome!

Containers Expo Blog Authors: Flint Brenton, Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan

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
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"We view the cloud not as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo (http://www.CloudComputingExpo.com), held June 7-9 at the Javits Center in New York City, NY.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...