Specialties: Cloud Computing, Mission Critical Application Hosting, Private Cloud, Big Data, Hybrid Cloud.
Ĭategories: Computer Security Systems & Services, Data Recovery Burden / Chairman of the Board, inactive Benjamin Woo / Director, Vice-President, inactive. Members (15): Kenneth Ziegler / President, Chief Executive Officer 155 Avenue Of The Americas 5Fl, New York, NY 10013 (Physical) Daniel Levy / VP Marketing Jordan Glogau S. Zulu Time Zone is also commonly used at sea between longitudes 7.5 West and 7.5 East. Where and When is Z Observed Zulu Time Zone is often used in aviation and the military as another name for UTC +0.
Now Logicworks can't afford to change its name again, says its CEO, for one simple reason: it's too valuable to be known as a premier partner for customers who work with Amazon.Industry: Information Technology and Services, Telephone Communications, Internet Serviceĭoing business as: LOGICWORKS SYSTEMS CORPORATIONĭescription: Logicworks solves business and application challenges by providing compliant, secure, and highly available cloud computing and managed hosting solutions for the healthcare, legal, media, financial.Īddresses: 155 Avenue Of The Americas, New York, NY 10013ġ55 Avenue Of The Americas 5Fl, New York, NY 10013 (Physical)īusiness type: Foreign Business Corporation Logicworks was incorporated in 1993 and is located in New York, United States. Zulu Time Zone (Z) has no offset from Coordinated Universal Time (UTC). "It was a question of, do we want to be relevant?" to LogicWorks and hardware circuits, I have also learned the significance. Startup listings for Digital.NYC are powered by, the world’s largest platform for startup funding. We will use our LogicWorks skills to designthis circuit and test it thoroughly. The logical value ‘Z’ or high impedance is attained when switch is OPEN. The logical state 0 and 1 are possible when the switch is CLOSE. This switch can attain three logical states. "If we didn't join Amazon, we'd be left behind," Ziegler says. By adding your company profile to Digital.NYC your startup becomes an active part of the city’s official hub for technology. Tri- state buffer acts as a switch in digital circuit by isolating a signal path in a circuit. But Ziegler is hoping that the company has more stories left in it like its work with Cal Index, the multi-million user health insurance exchange that runs on AWS and was built with Logicworks' help. "As of today, I no long have to question my decisions to stay," he jokes. Logicworks chose Pamplona out of 15 formal bids because the firm promised to support Ziegler and his team moving forward into what the executive sees as a cloud "land grab" that's still in its early stages.įor Ziegler, the investment and partial exit (Burden and management will keep a stake) is in some ways the culmination of a fifteen year journey that began when he took an entry-level role with Logicworks in 2001. The company had raised just $4.6 million from private equity investors and $12.5 million in debt, meaning that Burden and those outside investors (and management who have received shares) are all seeing a strong return. Search Search for more information about the company Logicworks. For more information, visit write to or call 866-FOR-LOGIC.
LOGICWORKS Z MEANING SOFTWARE
The investment by Pamplona Capital is a partial exit that values Logicworks' cloud management software at what amounts to a 5.4 x multiple. Logicworks customers are SaaS providers, e-commerce sites, and the most well known content destinations on the web, including Major League Baseball, iVillage, and Dow Jones Factiva. At that point, says Ziegler, the company of 100 people looked into its options for investment and creating liquidity for its shareholders.
Big businesses in the hyper-competitive cloud category took notice, with more than a dozen reaching out with interest in acquiring Logicworks' software. Adding $25 million in revenue from AWS, Logicworks quadrupled its business. Customers include Veritas, Mass Mutual, PartyLite, Major League Soccer and Orion Health Group.įor founder Carter Burden and the executive team at Logicworks, that move has proven lucrative. So the company accepted the writing on the wall and yielded the field to the much larger AWS, focusing its resources on building a platform for customers to use to deploy and manage their infrastructure on Amazon. "Any feature you could compete on, within six weeks they'd have an improved one," Ziegler says. The company billed itself as providing superior managed services, but it wasn't enough. Logicworks started losing customers to Amazon as Ziegler took charge of the business in 2012.
0 kommentar(er)
