RANS Holding, founded by Rakesh Jain & Nitesh Jain, have announced the acquisition of an unfinished software product developed by a young entrepreneur in India.
Online PR News – 16-December-2016 – San Antonio, Texas – RANS Holding, founded by Rakesh Jain and Nitesh Jain, have announced the acquisition of an unfinished software product developed by a young entrepreneur in India. The monetary details of this acquisition remain undisclosed. The Jain brothers have been offering custom software development services for businesses, especially field service industry, for more than two decades. The company plans to develop the open CRM software to cater to multiple field service industries with an initial emphasis on the pest control industry.
According to the 2015 Season Market Report entitled, “A Strategic Analysis of the U.S. Structural Pest Control Industry,” the professional pest control industry in the United States generated an approximate service revenue of $7.815 billion in 2015. The industry is estimated to grow at a CAGR of 4.6 percent over the next five years and turn into a $10 billion industry by 2020. To achieve this growth, it is important that pest control companies are equipped with technology-integrated tools and solutions.
In the industry’s current state, there are several technology challenges pest control companies’ technicians and sales teams will be required to overcome. Nitesh Jain recognized this gap; between the needs of pest control operators and the technological solutions available. The Jain brothers believe in utilizing technology to bring an impact to the daily lives of their clients and the clients’ customers. It is their passion to develop solutions that help companies simplify their daily business processes, but this cannot be developed overnight, it takes time.
Over the past few years, the Jains have invested the time to visit and learn from Pest Control Operators across the United States. It allowed them to learn the industry culture, the complex company specific daily processes, and the dissatisfaction these family-owned businesses felt with their existing software solutions.
With the newly acquired unfinished open CRM, the Jain brothers plan to develop a comprehensive technology supported solution. This software will help improve efficiency, productivity and profitability of the field service industry. The prime objective of the software will focus towards simplifying processes involved in customer management. Other details of the product and its prospective features are yet to be disclosed by the company.
This strategic step is crucial to the company and is expected to make a strong addition to their portfolio. Nitesh Jain is the founder of a company which has been ranked among one of the fastest growing companies in San Antonio. The acquisition of this product by RANS Holding is complete and effective immediately.
About the Company: Founded by Rakesh Jain and Nitesh Jain, RANS Holding has been providing service automation and custom software solutions across different industries. Their portfolio includes successful products like Service Automation Software, GoGetQuality and LeadNow.