Growing Revenue Base With a revenue range of 25 to 50 million dollars and recent acquisitions, RICS Software demonstrates significant market presence and growth potential, making it an appealing target for expanding product and service offerings.
Recent Leadership Changes The appointment of Jason Becker as CEO and COO in June 2021 indicates strategic leadership shifts focused on profitability and growth, suggesting opportunities for tailored solutions to support their evolving operational strategies.
Acquisition and Market Expansion Being acquired by Fullsteam Operations LLC highlights RICS's interest in expanding its reach within the retail POS and inventory management sector, creating prospects for firms offering complementary solutions to facilitate the company’s scaling efforts.
Technology Adoption RICS utilizes a robust tech stack including Salesforce and iOS, indicating openness to integrating innovative cloud-based solutions and mobile technologies, which could align with prospects offering next-gen POS, e-commerce, or CRM integrations.
Industry Focus Specialized in retail sectors like footwear and apparel, RICS’s focused market approach provides targeted opportunities for business development professionals to pitch industry-specific enhancements and add-on modules to enhance their retail customer management.