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About Rocket Software
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$2.1B
Headquarters
Waltham, Massachusetts
Founded
1990
Overview
Rocket Software assists businesses in updating their legacy systems, particularly those on IBM platforms like IBM i and IBM Z. They provide software solutions and services that enhance performance, security, and functionality, focusing on application modernization, process automation, data management, and DevOps. Unlike many competitors, Rocket Software offers a combination of software licenses, subscription services, and consulting support, helping clients extend the life of their existing systems. The company's goal is to enable businesses to improve efficiency and reduce operational risks in a rapidly changing technological landscape.
Simplify's Take
What believers are saying
- Growing demand for mainframe modernization boosts Rocket Software's market potential.
- Hybrid cloud solutions align with Rocket Software's focus on mainframe and cloud integration.
- Enhanced security features in Rocket jBASE meet rising data security and compliance needs.
What critics are saying
- Emerging startups with cloud-native solutions threaten Rocket Software's market share.
- The $2.2 billion OpenText acquisition may strain Rocket Software's financial resources.
- Rapid AI evolution may outpace Rocket Software's current offerings, requiring continuous innovation.
What makes Rocket Software unique
- Rocket Software specializes in modernizing legacy systems on IBM platforms.
- The company offers a comprehensive suite of solutions for data management and DevOps.
- Rocket Software is recognized as a Challenger in the Gartner Magic Quadrant for SOAP.
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Funding
Total Funding
$2111.9M
Above
Industry Average
Funded Over
3 Rounds
Benefits
Health Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↑ 0%2 year growth
↓ -2%Rocket Software, a vendor of various IT modernization capabilities, recently announced the availability of its new DataEdge suite of solutions tailored to address the growing complexities around data management as AI and analytics projects fuel demand.
Rocket Software, Inc. is excited to share the latest features and improvements in MultiValue BASIC for Visual Studio Code version 2.6.0.
Rocket Software, Inc. has added new features to the Visual Studio and Eclipse IDEs to help developers write, build, and debug their code and diagnose problems.
Rocket Software continues to enhance its Hybrid Cloud solutions, enabling customers to take advantage of scalable, cost-efficient GenAI and automation in a safe way, that prioritizes robust security and regulatory compliance.
WALTHAM, Mass., Sept. 18, 2024 (GLOBE NEWSWIRE) - Rocket Software, a global technology leader in modernization software, today announced that it has been named the only Challenger in the Gartner(R) Magic Quadrant(TM) for Service Orchestration and Automation Platforms (SOAP).
Rocket Software is Hiring for 62 Jobs on Simplify!
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About Rocket Software
Industries
Enterprise Software
Financial Services
Healthcare
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$2.1B
Headquarters
Waltham, Massachusetts
Founded
1990
Rocket Software is Hiring for 62 Jobs on Simplify!
Find jobs on Simplify and start your career today