GFI Software Restructures

GFI Software, Inc. announced a corporate restructure as it evolves to support growth across its portfolio.

LogicNow, which includes GFI MAX, IASO cloud backup and other cloud-based products, will focus on SaaS technologies under a subscription model.

GFI will focus on private cloud solutions delivered to IT administrators in end-user organizations.

While the companies will run as separate entities, the management teams of each business and investors that have driven the company to date remain unchanged.

GFI MAX, which celebrates its 10th anniversary this month, is a MSP platform with 10,000+ customers across more than 100 countries. As part of the reorganization GFI MAX will be re-named MAXfocus. With products such as MAXRemoteManagement, MAXMail, MAXServiceDesk and MAXBackup, MAXfocus will remain cometely focused on delivering to the needs of MSPs and IT service providers.

“There has never been a more exciting time to be an MSP. The market for those IT support companies that have made the leap from break/fix to MSP is growing rapidly and evolving as cloud and mobile services proliferate. We’ve enabled and shared in this success. This re-organization allows us to continue to develop and deliver on our vision for the industry,” said Dr. Alistair Forbes, GM, LogicNow. “MAXfocus has grown at over 50% per year for each of the last five years. We’re adding hundreds of new MSPs to our platform every month. The creation of LogicNow enables us to redouble our focus on cloud-based technology for MSPs and build on our position as the undisputed leader in this market.”

MAXfocus now has a community of over 10,000 MSPs and a development roadmap that introduces functional improvements at fast rate. Recent new capabilities that have been integrated into the management platform include web protection, cloud services management and hosted email security solutions.

“There are some very clear challenges facing today’s larger MSPs and those who aspire to evolve their IT support businesses into next generation partners for their customers,” continued Forbes. “They must grow their service portfolio to anticipate customer needs while scaling their businesses profitably. Substandard platforms frustrate an MSP’s ability to move with the market, which creates significant opportunities for us with our experience of migrating MSPs onto MAXfocus.”

“Separation will allow both LogicNow and GFI to focus on their core markets and optimize their product strategies for their large and growing customer bases,” said Walter Scott, CEO, LogicNow and GFI. “Creating two separate and focused businesses from one improves our operational effectiveness and enables us to maintain our industry-leading growth rates. Aside from that, it’s business as usual.”