Company Research Report: Kimberlite Partners
Company Overview
- Name: Kimberlite Partners
- Mission: Transforming professional services for predictable growth and efficiency in the subscription era.
- Founded By: Formed by the team behind Demand Solutions Group (DSG), NetSuite's top Solution Provider.
- Key People in the Company:
- Todd Fitzwater, General Manager & Founder
- Jason Dennis, VP Operations, Founder
- Venkat Sankaran, VP of Technology & Founder
- Ritch Haselden, VP Revenue & Founder
- Debbie Bunn, Delivery Principal
- Liz Dooley, Talent Acquisition
- Sari Fitzwater, Finance and Services Operations
- Where is the Company Headquartered: No information is available.
- Number of Employees: No information is available.
- Revenue of the Company:
- Software Publisher Revenue Generated: $200,000,000
- Reseller Revenue Generated: $29,000,000
- What is the Company Known For: Kimberlite Partners is known for its expertise in Managed Application Consulting (MAC) services, transforming Solution Providers from reactive, project-based services to proactive, subscription-based models that enhance revenue, retention, and satisfaction.
Products
- Products Offered:
- Managed Application Consulting (MAC):
- Description: A shift in the service delivery model integrating support, professional services, and managed services into a cohesive subscription offering.
- Key Features:
- Drives predictable revenue growth.
- Enhances customer satisfaction and retention.
- Incorporates DiamondEase approach for service creation, roll-out, and monitoring.
- Facilitated through a pay-for-performance approach or consulting engagement.
Recent Developments
- Recent Developments:
- Launch of Catalyst product resulting in a larger than expected pipeline of deals.
- Enhancement in NetSuite’s MAC offering, ACS, enabling a record 30% year-over-year growth for clients.
- Successful client transitions into subscription-based models, increasing both license sales and customer retention.
- Introduction of DiamondCare Assist to manage high demand in the NetSuite and Salesforce markets.
- New Products Launched:
- Catalyst Product: A new addition that exceeded expectations in creating pipeline deals.
- New Features Added to Existing Products: No specific information available on new features added to existing products.
- Partnerships: Emphasis on deep relationship building with Solution Providers and Software Publishers to help them transition to subscription-based business models.
This structured information reflects Kimberly Partners' focus on transitioning businesses into subscription models with a robust MAC offering, significant revenue generation, and proactive partner engagement strategies.