HERNDON, Va. and ARLINGTON, Va., Aug. 18, 2015 /PRNewswire/ -- MicroPact Inc., the leader in Data-First™ Case Management and Business Process Management (BPM) software, today announced that it has merged with Iron Data Solutions, Inc., a leader in case management and regulatory software solutions used across 49 states and the federal government. The merged company will retain the MicroPact name.
The executive management team will continue intact with Tom Sechler, current Iron Data CEO, serving as CEO of the merged company, Kris Collo, current MicroPact CEO and founder, serving as President, Mike Cerniglia, current MicroPact CTO continuing to serve as the CTO, and Dan Smith, current Iron Data CFO, continuing as CFO.
"Our organizations currently serve complementary markets with complementary products," said Tom Sechler, CEO. "In the U.S. alone, Iron Data products are the regulatory and case management benchmark in 49 of the 50 states while MicroPact solutions serve 97% of federal agencies with 500 or more employees. By combining forces, this merger positions us to become the leading supplier of case management and BPM technologies in the public sector, giving agencies at the federal, state and local levels greater access to the solutions that are transforming government. We are also pleased that the expansion planned as a result of our merger will create career opportunities for our employees."
Iron Data has decades of experience building highly specialized, vertically-oriented, applications and solutions for complex regulatory, licensing and human services case management requirements while MicroPact, through its entellitrak platform, offers a continuous spectrum of case management and business management solutions with more than 20, horizontally-focused, pre-configured applications.
"We are combining two great companies to offer a rich portfolio of advanced case management and BPM solutions. As a merged company that serves the entire public sector market, we are now in a better position to provide our expertise in commercial settings such as financial and other heavily regulated markets," said Kris Collo, President. "On the technology front, the merger will make it possible to enhance our technologies at the platform level, expanding the capabilities of end-user solutions. I am confident that our transition teams will put forward a range of innovative options to evolve our technologies and services."
MicroPact's entellitrak was recently recognized in Gartner's first-ever Magic Quadrant for BPM-Platform-Based Case Management Frameworks. Built to manage the complexities of case handling, entellitrak is available with fully integrated Document Management, Natural Language Analytics, and Mobile Modules. Its Data-First™ approach allows it to be implemented immediately and configured continuously, enabling customers to get to work quickly while keeping costs low. Whether based on-premises or in the cloud, entellitrak solutions scale from the local office to the enterprise giving everyone in the organization the ability to track, collaborate and report on the data that drives operations forward.
"The products this organization offers today are world-class" said Dan Smith, CFO. "The technologies that MicroPact have built, and the markets they have penetrated, are a strategic complement to Iron Data's software and regulatory product portfolio. We are extremely pleased to be in a position to be able to bring these complementary organizations together – our collective customers will experience the benefits of this merger almost immediately."
The new MicroPact is based in Herndon, VA, and has approximately 600 team members located at offices throughout the United States, Canada, and the Philippines.
For more than three decades, Iron Data has been building a portfolio of products that offer unmatched integrated licensing, enforcement and regulatory case management domain expertise. Iron Data's flagship regulatory product is Versa, an enterprise scale, multi-board, multi-license solution designed to manage the complexities of awarding, maintaining and enforcing licensing. For single boards managing multiple license types Iron Data provides CAVU, the industry leading multi-license management solution. Iron Data's iLevy and Versa DCM (Disability Case Management) solutions are utilized for Disability Determination Services in 47 states, by tens of thousands of users, processing millions of Social Security Disability and Medicaid disability eligibility cases annually. The portfolio is rounded out by ACO STAR – used across multiple states for licensing securities, state chartered banks, public utilities and public service commissions – and ICM (Intelligent Case Manager), a configurable case management framework for benefits administration.
MicroPact and Iron Data have longstanding reputations for delivering tremendous value to customers. Through this merger the company will have the resources and talent to more rapidly bring these benefits a wider array of organizations.
About MicroPact Inc.
MicroPact is headquartered in Herndon, VA with two offices and 200 team members. For nearly two decades, MicroPact has focused on engineering web-based, commercial off the shelf (COTS) solutions for US Government agencies and Fortune 500 corporations. Today MicroPact solutions serve 97% of federal agencies with 500 or more employees, and enjoy a 97% annual renewal rate.
About Iron Data Solutions Inc.
Iron Data Solutions, Inc. is headquartered in Arlington, VA and has approximately 400 team members. The company is a leading provider of software for human services case management, licensing and regulatory systems and is used by the Federal Government and by 49 state governments. Iron Data offers a comprehensive suite of solutions, called Intelligent Process Management (IPM), that assess, improve, manage and monitor challenging operational process issues for clients in the public sector. Iron Data IPM allows organizations to focus on what they do best, while knowing that their most difficult data management challenges are being seamlessly handled by industry experts.
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SOURCE MicroPact
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