Parallo Company Profile

Background

Parallo, established in 2008, is a cloud services specialist dedicated to assisting software creators in accelerating their growth efficiently. The company focuses on optimizing security, performance, availability, and cost for its clients, enabling them to concentrate on product development and business expansion. Parallo operates across Australia, New Zealand, and Singapore, and is part of the Crayon family, which comprises over 3,300 employees globally. Recognized as a top 10 Global Microsoft Partner, an Azure Expert Managed Service Provider (MSP), and an AWS Premier Tier Partner, Parallo collaborates with more than 60 SaaS companies serving over 250 million end users.

Key Strategic Focus

Parallo's strategic focus encompasses:

• Cloud Migration and Management: Assisting clients in transitioning to and managing cloud infrastructures.

• DevOps Services: Implementing practices that enhance collaboration between development and operations teams.

• Application Performance Management (APM): Monitoring and optimizing application performance to ensure optimal user experiences.

• Security Optimization: Ensuring robust security measures are in place to protect client data and applications.

• Cost Optimization: Implementing strategies to manage and reduce operational costs effectively.

These services are tailored to support SaaS companies in scaling their operations and achieving rapid growth.

Financials and Funding

Parallo's estimated annual revenue is approximately $9 million, with an estimated revenue per employee of $130,500. In January 2020, Parallo was acquired by Rhipe Ltd., a publicly-listed cloud software distributor, for NZ$4.25 million.

Technological Platform and Innovation

Parallo leverages a range of technologies to deliver its services, including:

• Microsoft Azure: Utilized for cloud infrastructure and services.

• AWS: Employed for cloud computing solutions.

• DevOps Practices: Implementing methodologies that enhance collaboration and efficiency between development and operations teams.

• Application Performance Management Tools: Monitoring and optimizing application performance to ensure optimal user experiences.

These technologies enable Parallo to provide scalable, secure, and efficient cloud solutions to its clients.

Leadership Team

Parallo's leadership team includes:

• Symon Thurlow: Co-Founder and Chief Executive Officer.

• James Brookbanks: Chief Technology Officer.

• Michael Jacobsen: Head of Customers.

• Gareth Beaumont: Partner Technology Strategist.

• Blair Corbett: Security Services Manager.

• Briar Tippett: Marketing Manager.

These individuals bring extensive experience in cloud services, technology strategy, customer relations, security, and marketing, contributing to Parallo's growth and success.

Competitor Profile

Market Insights and Dynamics

The cloud services industry is experiencing significant growth, driven by the increasing adoption of cloud computing solutions by businesses seeking scalability, flexibility, and cost efficiency. The demand for specialized services, such as those offered by Parallo, is on the rise as companies aim to optimize their cloud infrastructures and accelerate growth.

Competitor Analysis

Parallo's key competitors include:

• Coastal Cloud: Provides solutions for sales, CPQ, billing, service, analytics, marketing, and communities.

• Alta Vista Technology: Offers services such as Sage Intacct, Dynamics Business Central, GP, Dynamics for Sales (CRM), Power BI, and Azure services.

• Western Computer: Provides Microsoft Dynamics AX, NAV, and CRM solutions.

• Accenture: Offers consulting and implementation services, including cloud migration and Microsoft consulting services.

• Deloitte Consulting: Provides audit, tax, consulting, enterprise risk, and financial advisory services.

These competitors offer a range of services in cloud migration, Microsoft consulting, and IT solutions, positioning them as alternatives to Parallo in the market.

Strategic Collaborations and Partnerships

Parallo has established significant partnerships to enhance its service offerings:

• Microsoft: As a top 10 Global Microsoft Partner and an Azure Expert MSP, Parallo collaborates closely with Microsoft to deliver Azure-based solutions.

• AWS: As an AWS Premier Tier Partner, Parallo provides comprehensive AWS cloud services.

• Datadog: Partnered to support performance services with advanced monitoring solutions.

• CIN7: Collaborated to enable global scale and cost efficiency for CIN7's operations.

These partnerships enable Parallo to offer a broad spectrum of cloud services and solutions to its clients.

Operational Insights

Parallo's strategic considerations include:

• Focus on SaaS Companies: Specializing in services tailored for SaaS businesses, enabling them to scale efficiently.

• Global Presence: Operating across multiple regions, including Australia, New Zealand, and Singapore, to serve a diverse client base.

• Part of Crayon Group: Being part of the Crayon family provides access to a global network and resources, enhancing service capabilities.

These factors contribute to Parallo's competitive advantages in the cloud services market.

Strategic Opportunities and Future Directions

Parallo's strategic roadmap includes:

• Expansion of Service Offerings: Continuing to develop and offer new services that meet the evolving needs of SaaS companies.

• Strengthening Partnerships: Deepening existing partnerships and establishing new ones to enhance service capabilities.

• Geographical Expansion: Exploring opportunities to expand into new markets to serve a broader client base.

Leveraging its current strengths, Parallo is well-positioned to achieve these objectives and drive future growth.

Contact Information

• Website: www.parallo.com

• LinkedIn: www.linkedin.com/company/parallo

For more information or inquiries, please visit Parallo's official website or LinkedIn profile.