About

Rocket Software assists businesses in updating their older systems, particularly those using IBM platforms like IBM i and IBM Z. They provide software solutions and services that enhance the performance, security, and functionality of these legacy systems, focusing on application modernization, process automation, data management, and DevOps. The company generates revenue through software licenses, subscription services, and consulting support, helping clients improve efficiency and reduce operational risks. Rocket Software's goal is to enable businesses to remain competitive by modernizing their IT infrastructure.

Simplify's Take

What believers are saying

• Rocket Software's strategic acquisitions, such as the $2.2B deal for OpenText's business, indicate robust growth and expansion opportunities.
• The company's focus on modernization and automation helps clients extend the life of their legacy systems, reducing operational risks and improving efficiency.
• Recognition in industry awards and the appointment of experienced executives highlight Rocket Software's strong market position and leadership.

What critics are saying

• The niche focus on IBM systems may limit Rocket Software's market reach compared to competitors with broader offerings.
• High-profile acquisitions, while beneficial, come with integration risks that could disrupt operations and innovation.

What makes Rocket Software unique

• Rocket Software specializes in modernizing legacy IBM systems, a niche focus that sets it apart from competitors who may not have the same depth of expertise in this area.
• The company's multi-revenue stream model, including software licenses, subscription services, and consulting, provides financial stability and flexibility.
• Rocket Software's strong emphasis on security, as evidenced by its recent upgrades to Rocket jBASE, is crucial for clients in sectors like finance and healthcare.

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