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Company: Rocket Software
Nomination Submitted by: V2 Communications
Company Description: Rocket Software is a privately held software development firm founded in 1990. Using the IBM Z, IBM Power, and embedded database platforms, Rocket provides predictive analytics with deep data, develop AI and machine learning capabilities, and design mobile and browser applications.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Computer Software - Large
 Nomination Title: Rocket Software
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 197 words used.
Today, Rocket provides solutions that power tens of thousands of global businesses, helping them solve real problems and make real-world impact. With customers across every industry and geography, Rocket truly helps power the world economy. In fact, Rocket customers include:
- 44 of the Fortune 50 companies
- 10 of the top 10 Fortune 500 commercial banks
- 9 of the top 10 Fortune 500 aerospace & defense companies
- 10 of the top 10 Fortune 500 healthcare companies
- Rocket’s solutions help modernize mission critical IT, which is essential with more than 70% of the world’s IT workload running on legacy platforms. Rocket’s solutions enable customers to innovate using the technology and data they already have, so they can always be ready for what comes next.
While Rocket’s solutions are an essential aspect to many global businesses IT departments, the company’s commitment to its people and customers is truly what sets it apart. Rocket Software has always been about putting people first; emphasizing the importance of getting out from behind our screens and building personal relationships with one another. When it comes to product development, customer support or professional services, there’s nothing more important to Rocket than demonstrating respect and integrity.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 239 words used.
Since it was founded in 1990, Rocket Software has completed more than 50 acquisitions—including three in 2021.
In February, Rocket announced the acquisition of Uniface, an Amsterdam-based company that expanded Rocket’s application platform footprint. The acquisition of Uniface – which helps thousands of companies across more than 30 countries start, run and scale their businesses – expands Rocket’s ability to develop and modernize mission-critical enterprise applications that deliver legendary business outcomes.
In April, Rocket announced the acquisition of ASG Technologies, the leading provider of solutions for the information-powered enterprise. The acquisition furthered Rocket’s commitment to its customers and partners to continue to grow its portfolio of enterprise software solutions that increase the value of legacy platforms across the technology domains of core infrastructure, security, data & AI, application development, open source and hybrid cloud.
The momentum didn’t stop there. In September, Rocket named Barbara Goose, who brings more than 20 years of experience in the digital marketing space, its new CMO. In October, Rocket announced the appointment of a new CEO, Milan Shetti, in the first executive change since Andy Youniss founded the company nearly 32 years ago.
Finally, Rocket announced in October that they had acquired the database and tools products of Zumasys, Inc., a provider of MultiValue database software. As part of the deal, Zumasys became Rocket’s first MV Modernization Partner, expanding its practice of acquiring MultiValue independent software vendors (ISVs) to modernize and market their applications.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 240 words used.
Beyond Rocket’s growth through M&A, the company looked to evolve its products and expand its internal diversity, equity and inclusion (DEI) programs. Recognizing its importance especially during this past year, Rocket has dedicated resources to both expanding and improving its products for customers and creating an inclusive, transformative workplace for Rocketeers.
Throughout the year, Rocket made enhancements to existing solutions and delivered new products – launching a brand-new platform that transforms how companies approach the modernization of their critical systems: Rocket Process Insights. IT leaders are often pressed to enhance or integrate systems as a daunting monolith, unable to tease apart key components or discern business-critical needs from superficial improvements. With Rocket Process Insights, businesses can better understand how to prioritize strategic modernization projects, drive continuous delivery against their plans and quickly show bottom-line results to the business.
Additionally, and in line with Rocket’s core values, the company prioritized DEI through its RIDE program. RIDE--Rocket Inclusion, Diversity and Equity--is a diverse internal working group of passionate Rocketeers dedicated to embedding inclusiveness into every corner of Rocket. The program aims to move conversations about diversity forward and support employees of all backgrounds in their career and personal goals. At the start of 2021, Rocket brought on Sharra Owens-Schwartz as Senior Director of Inclusion, Diversity, and Equity to help elevate the RIDE program and lead the initiatives and programs focused on creating an inclusive environment, where Rocketeers are valued for their differences.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 20 words used.
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