Insightful analytics, cloud mastery and a unique venture capital program are driving massive growth for solution provider Trace3 in 2015.
Sales are up more than 20 percent over this time last year, with the Irvine, Calif.-based company -- No. 68 on the 2015 CRN Solution Provider 500 -- expected to reach $500 million by the end of 2015. And in just the past 60 days, Trace3 has added 32 new engineers to its workforce of nearly 300, roughly 20 of whom will be focused on the cloud or big data integration.
"We can't staff engineers fast enough for our customers," Trace3 CEO Tyler Beecher told CRN. "Our demand is so high."
Beecher also has scrapped Trace3's vendor-oriented sales model since starting as CEO in August, returning the solution provider to a geographically based sales structure to minimize travel time, improve response time and ensure customers have a single point of contact.
"We've done a really great job of unifying everyone around a regionalized go-to-market play," Beecher told CRN. "Our innovation is red-hot right now."
The solution provider also has deepened its relationship with Cisco, which is poised to soon become Trace3's largest vendor given the impressive growth in business.
That alliance has been bolstered by the company filling its vice president of sales position in March by hiring Mike Fitzgerald, who spent 12 years at Cisco as a major account manager and regional manager.
Cisco, for its part, hasn't been shy in its praise of Trace3, awarding the solution provider its Innovation Partner of the Year Award in 2014. Specifically, Beecher said Cisco told him that Trace3 is one of only two reseller partners with a mature big data integration offering in the marketplace.
Beecher said Trace3 is two to three years ahead of its competition in terms of architecting, building out teams, and going to market with cloud and big data integration.
"A lot of people are talking about it," Beecher said. "Very few are putting their money where their mouth is."