Protera Company Profile

Background

Founded in 1998, Protera is a globally recognized provider of cloud-centric application management and migration services, specializing in SAP and related enterprise workloads. The company has been a pioneer in enterprise cloud management, notably managing the world's first production instance of SAP on the public cloud. Protera's mission is to enable SAP-centric enterprises to achieve their transformation objectives with improved value, increased quality, and reduced risk. With a commitment to innovation and client satisfaction, Protera has established itself as a trusted partner for enterprises seeking to modernize, optimize, and secure their critical applications in the cloud.

Key Strategic Focus

Protera's strategic focus centers on delivering comprehensive cloud modernization services that drive down costs, enhance security, and enable continuous innovation. The company's core objectives include accelerating cloud adoption, maximizing performance, and realizing cost savings of 30-50% for clients. Protera specializes in SAP migration, management, and transformation, offering services such as:

Platform Deployment & Management

Cloud Enablement, DevOps & Automation

Infrastructure, Operating System, PaaS & Database Services

Global Network Managed Services

Global Security Operations Center

Comprehensive Network Management

By leveraging partnerships with leading cloud providers like Microsoft Azure and Amazon Web Services (AWS), Protera targets enterprises across various industries, aiming to modernize their IT landscapes and enhance business agility.

Financials and Funding

In 2020, Protera received an investment from Pamlico Capital, a private equity firm specializing in tech-enabled services. This partnership has supported Protera's growth initiatives, including the expansion of its service offerings and market reach.

Technological Platform and Innovation

Protera's proprietary technology platform, Protera FlexBridge®, automates and streamlines the design, migration, and management of workloads in the cloud. This platform enables clients to save up to 50% of the time and cost associated with transforming and managing SAP and related IT applications on the cloud. Protera's deep expertise in SAP and cloud technologies, combined with its proactive managed services, sets the company apart in the industry.

Leadership Team

Protera's leadership team comprises seasoned professionals with extensive experience in cloud, SAP, and IT services:

Mike BeDell, Chief Executive Officer

Over 30 years of IT executive experience.

Former CEO of Secure-24 and NTT Managed Services, North America.

Led Protera to double-digit growth year-over-year since 2021.

Bruno Kolb, Chief Financial Officer

Responsible for financial operations, management, and reporting.

Former Head of Finance and Corporate Development at Millennium Trust Company.

Sean Donaldson, Chief Technology Officer

Over 20 years in IT managed services.

Former CTO of Secure-24 and NTT Managed Services.

Shane Brennan, Chief Information Security Officer, Cloud & Security Operations

Over 25 years of experience in IT, focusing on security.

Former Vice President of Security Operations at NTT Managed Services.

Doug Gilkey, Chief Revenue Officer

Defines sales processes and customer engagement strategies.

Over 20 years of experience in enterprise SaaS and IT managed services.

Frank Powell, Chief Strategy Officer

30 years of experience in IT, with over 20 years in SAP.

Former President/Founder of Managecore.

Nick Miletich, Chief Operating Officer

Over 20 years of experience in SAP technologies and infrastructure services.

Former Chief Technology Officer of Managecore.

Leadership Changes

In March 2024, Protera acquired Managecore, a fellow leading SAP managed service provider. As part of this acquisition, Frank Powell, former President/Founder of Managecore, joined Protera as Chief Strategy Officer, and Nick Miletich, former Chief Technology Officer of Managecore, assumed the role of Chief Operating Officer at Protera.

Competitor Profile

Market Insights and Dynamics

The cloud migration and managed services market for SAP and related enterprise workloads is experiencing significant growth, driven by enterprises seeking to modernize their IT infrastructures, enhance agility, and reduce operational costs. The increasing adoption of cloud platforms like Microsoft Azure and AWS has further accelerated this trend.

Competitor Analysis

Protera operates in a competitive landscape with several key players: