Interview from 2016.01.05(12 minutes) with mister Rechtman about 4Service Cloud Tech AG from https://www.brn-ag.de/person/4644/1 My first try to write it on paper, apologies for the bad English, maybe you can help ;)
This is Orie rechtman I am the ceo of 4 Service Cloud Technology
Since we just started on our road of becoming a publicly traded company, the investment relation is getting into gear now.
We are planning doing several in the next 12 years in Europe in Germany, in Switzerland, in Paris
The company was established in 2003 as a disaster recovery and business continuaty organization, and build this expertise in providing this type of services on 3 different levels to end-users.
On 2010 when I aquired the company, I developed the first version of cloud-computing and incorporated the experience we had in disaster recovery and business continuaty , incorporated in our solution in the cloud.
What setting us apart from many competitors is a full-blown disaster recovery that is included as part and puzzle of the cloud services that we provide.
Right now we are not offering attending more as indepedent disaster recovery, only to old customers but not to new customers.
All the old customers that we had, or most of them, converted into our cloud, because now they are getting the benefit of the cloud and the benefit of the benefit of the disaster recovery business continuaty included in it.
They getting much better deal right now.
The other thing that i wanted to mention is because we build the expertise in the early days of disaster recovery we also build expertise in providing managed services to our clients, meaning; We take all their IT and all their vertical software solution and we manage it on their behalf.
What we do is; we do not develop the software ourself but we provide the service and support for the software in our own cloud and we bring and develop there as part of the consultancy to our client
What we are now reaching; the data has to stay in the same region as the client themself are and under the rules and regolution of the local government.
The reason for that is, if somebody goes today for example to our biggest competitor which is Amazon, they take the data into their own servers around the world.
I just published an article, and the title for the article was: It's 2 A.M. - do you know where your data is?
And many companies that go whith the large software providers or the large providers of data cloudservices they really don't know where the data lies.
And anytime that the data is outside of the juristriction of that particular country, your data is at risk.
Risk of loosing it, risk of beeing taken by the local government and that is a big issue, that's why we do not take any data out of the region.
And part of the plan for us in Switzerland and in Europe to build the datacenters and to keep the data right here where the regulations meet the requirement.
The customers they vary in different industries.
The majority of the customers are in the legal industry.
We developed early on we developed expertise in the vertical software solutions that the legal industry is using.
So the majority of the end-users that we have are in the legal industry.
But we are very diversified when it comes to that.
Anything that hold data today requires data-management will become a customer of the cloud.
And this is were we play and we play a very important role in the legal, in the finance and in the health sector.
We have over 100 clients that are on recurring contracts.
We have 4 datacenters, currently we have data centers only in the United States.
But the plan is to expand in the European market first and go from there.
In our efforts to expand to the European market we see the European market as a great opportunity for us to expand our services to bring our platform that we developed bring it to the european market we developed a technology that is called the cloud-orgastrator,
which is an advanced cloud-solution that we now offering to IT-professionals
So we plan on bringing this technology to the european market because we see the adoption-rate here in europe is quite high and we believe the funnel ground for us to grow and grow fast here and grow organicaly by introducing our technology.
Being a company in the Swiss market that was by design for advisors as well as being traded as being traded on the Marché libre in Paris
This was be advised by advisors on how to expand rom there and what's the best way for us to start at the position our organisation and where to grow into the market.
We partner with GFI as far as disaster recovery concerned which is today considered of being the one of the top of the world when it comes to storage and recovery . they are a large organization and actually an european organization today that went through an aquisition spree, and aquired most of the large competitors at there.
So we provide if you will hibrate of a solation they have developed together with a solution that we introduced ourselves that is build on open-stack
this is how we provided our own customised solution and we do customize this solution for each and every client if needed.
different client has different needs.
growth -organic- growth for us is planned to be 20 to 25% in the next 12 months.
This is one way for us to grow, but we are planning on a faster growth to merger and aquistion that we are already have in place.
and the plan is to grow and grow fast and this is really my experience in the past 20 years I have done more than 27 mergers and aquisitions and grew a company from a million dollar in sales in 1990 for over 200 million in sales in 2000.
So this is my experience this is what i bring to the table is the CEO and the leader of the company and that's how we planning on growing pretty fast. What we preceive that is going to be is the sales and revenues for the company in our projections are 30 million dollars in revenue in 2 years with 5 million dollars EBITDA
In 2015 the revenue that we are currently running the runway is just over a million dollars in revenue.
We just started implementing our strategy of distributing and bringing clients into cloud-orgastrator.
Just went out of beda?? in July of this year and it's proven himself to be a quite a succes. So groing from there in 2016 we are looking at organic growth of anywhere from 20 to 25 procent.
And that was one of the main reasons why we wanted to become a publicly traded company and to invest the funds that we are planning on raising in the public , invest them in sales and marketing to execute our organic growth as well as to execute also a merger and aquisition plan, which we have already begun we already have one company on the letter of intent, and two other targets that are very well advanced conversation in to becoming part of the plan of the mergers and aquisition.
<-- must be Crednology Holding Corp, ItAtOnce, California recycles
Nice interview and potential in my opinion ....