Welcome!

Big Data Journal Authors: Ignacio M. Llorente, Dana Gardner, Craig Ferril, Michael Bushong, Elizabeth White

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.

@BigDataExpo Stories
Vichara Technologies in Hoboken, New Jersey is expanding its capabilities in big data from origins on Wall Street into other areas, and thereby demonstrating the growing marketplace for advanced big-data analytics services. The next BriefingsDirect deep-dive big data benefits case study interview explores how Vichara Technologies in Hoboken, New Jersey is expanding its capabilities in big data from origins on Wall Street into other areas, and thereby demonstrating the growing marketplace for ad...
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to th...
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
Working with Big Data is challenging, especially when decision makers depend on market insights and intelligence from your data but don't have quick access to it or find it unusable. In their session at 6th Big Data Expo, Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia; Zel Bianco, President, CEO and Co-Founder of Interactive Edge of Solgenia; and Ermanno Bonifazi, CEO & Founder at Solgenia, discussed how a revolutionary cloud-based BI along with mobile analytics is already c...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
Moscow-based OpenBank, one of the largest private financial services groups in Russia, has built out a business intelligence capability for wholly new business activity monitoring benefits. The next BriefingsDirect deep-dive big data benefits case study interview explores how Moscow-based Otkritie Bank, one of the largest private financial services groups in Russia, has built out a business intelligence (BI) capability for wholly new business activity monitoring (BAM) benefits. The use of HP V...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Scene scenario: 10 am in a boardroom somewhere, second round of coffees served, Danish and donuts untouched, a quiet hush settles. “Well you know what guys? (and, by the use of the term guys I mean to include both sexes here assembled) – the trouble that we have as a company is that we are, to put it bluntly, just a little analytics poor,” said the newly appointed Chief Analytics Officer. That we should consider a firm to be analytically deficient or poor is a profound comment on our modern ag...
Quantum is a leading expert in scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecyle. They help customers maximize the value of these assets to achieve their goals, whether it’s top movie studios looking to create the next blockbuster, researchers working to accelerate scientific discovery, or small businesses trying to streamline their operations. With a comprehensive portfolio of best-i...