Rocket Software, Inc.
Rocket Software builds enterprise IT modernization software for IBM Z and IBM i mainframe environments, serving 12,500+ customers across financial services, insurance, and public sector with COBOL tooling, analytics, and AI-powered diagnostics.
- Company typePrivate
- Founded1990
- HeadquartersWaltham, United States
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Rocket Software, Inc. does
Rocket Software, Inc. is a privately held enterprise IT modernization company founded in 1990 and headquartered in Waltham, Massachusetts. The company builds software for IBM Z mainframe and IBM i midrange environments, serving 12,500+ customers across 22 countries with a workforce of approximately 3,200 employees. Its product portfolio spans application modernization (Visual COBOL, COBOL Workbench, Uniface), data and analytics (Rocket Vertica, DataEdge), content and search (ContentEdge with GenAI), change management (ChangeMan, Aldon), operations monitoring (TMON, Servergraph), and its agentic AI diagnostic product (Rocket EVA). Vertica was acquired in May 2026 to extend capabilities into high-performance analytics and AI for on-prem, cloud, and hybrid enterprise data estates.
Rocket's revenue model combines subscription-based enterprise software licenses, SaaS/cloud offerings (notably Vertica and AI-enabled features), and professional services for implementation and support. Pricing is quote-based with annual billing, consistent with enterprise software norms. The go-to-market is direct enterprise field sales supplemented by a 750+ partner ecosystem of system integrators, resellers, and hyperscaler marketplaces (IBM and AWS). Target buyers are CIOs, IT leadership, and Data & Analytics leaders in Financial Services, Insurance, Public Sector/Federal (primary verticals) plus Manufacturing and Retail (secondary).
The company holds ISO 27001, Type II SOC 1, Type I SOC 2, ISO 20243, and TISAX certifications, enabling sales into regulated EU and federal buyers. Strategic partnerships with IBM (core platform tooling), AWS (mainframe-to-cloud), and HPE (Unleash AI Partner Program since June 2026) position Rocket as a deeply embedded modernization partner within hyperscaler and infrastructure stacks. AI capabilities are concentrated in Rocket EVA (agentic diagnostics), Rocket Vertica (analytics), and ContentEdge (GenAI search), with an internal AI Governance Board overseeing deployment. Rocket was recognized as a Challenger in the 2026 Gartner Magic Quadrants for AI-Augmented Code Modernization Tools and Technical Debt Management Tools.
Rocket Software, Inc. firmographics
Firmographics- Name
- Rocket Software, Inc.
- Legal name
- Rocket Software, Inc.
- Website
- https://rocketsoftware.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Short description
- Rocket Software builds enterprise IT modernization software for IBM Z and IBM i mainframe environments, serving 12,500+ customers across financial services, insurance, and public sector with COBOL tooling, analytics, and AI-powered diagnostics.
- Ownership category
- akta.pro rank
Rocket Software, Inc. industry classification
Industry- Product category
- Enterprise IT Modernization Software
- NAICS
- Software Publishers (513210), Computer Systems Design and Related Services (54151), Other Computer Related Services (541519)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Software Engineering & Application Modernization (BPAHAEAD)
- akta.pro secondary industry
- Cloud Application Modernization & Refactoring (BPAEACAC)
Keywords
Where Rocket Software, Inc. is headquartered
LocationHeadquarters
- HQ city
- Waltham
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Rocket Software, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Enterprise Software Licenses: Software licensing for IBM Z, IBM i, and distributed platforms including COBOL, DevOps, security, and operations tools. Solutions are sold to enterprise customers requiring mission-critical system support.
- SaaS and Cloud Services: Cloud-based offerings including Rocket Vertica analytics platform and AI-enabled features delivered as managed services.
- Professional Services and Support: Implementation, consulting, and technical support services accompanying software deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing with custom pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Rocket Software, Inc. product offering
Product offeringCore offering
Rocket Software develops and sells enterprise IT modernization software for IBM Z (mainframe), IBM i midrange, and hybrid cloud environments. Its portfolio spans COBOL modernization, DevOps, security, data integration, AI-powered operational diagnostics (Rocket EVA), and high-performance analytics (Rocket Vertica), targeting organizations modernizing mission-critical legacy systems.
Differentiator
Problem solved
Functional benefit
Brands
- Rocket EVA: AI-powered, agentic platform that delivers precise, end-to-end operational diagnostics across core systems.
- Rocket Vertica
- ContentEdge
- DataEdge
- ChangeMan
- COBOL
- TMON
- Uniface
- MultiValue
Products and services
- Rocket EVA AI-powered, agentic platform that delivers precise, end-to-end operational diagnostics across core systems, featuring a conversational interface for enterprise IT operations teams.
- Rocket Vertica Enterprise-grade high-performance analytics and AI platform enabling real-time insights across on-premises, cloud, and hybrid enterprise data environments.
- ContentEdge GenAI-powered content modernization, search, contract management, and unstructured data management platform for enterprise content estates.
- DataEdge Data intelligence, replication, synchronization, and virtualization solution for enterprise data estates across hybrid environments.
- ChangeMan Enterprise change management software for z/OS mainframe environments, supporting controlled deployment of application and infrastructure changes.
- COBOL Solutions Comprehensive COBOL application development and modernization tools (including Visual COBOL) for IBM Z mainframe environments.
- Uniface Application development and deployment platform for building, maintaining, and modernizing enterprise applications across platforms.
- TMON Mainframe operations monitoring solution providing visibility into z/OS system performance and availability.
- MultiValue MultiValue database and application development solutions (including UniData and D3) for IBM i and related environments.
Quantifiable outcome
- 93.7% customer satisfaction rate demonstrating strong customer and partner relationships
- +1 more outcomes
Companies that use Rocket Software, Inc.
Customer profileNamed customers1 record
Segments7 records
Ideal customer profiles4 records
Rocket Software, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Rocket Software, Inc. partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Hewlett Packard Enterprise (HPE)coreRocket Software joined the HPE Unleash AI Partner Program to accelerate AI adoption across mission-critical environments, enabling joint customers to leverage Rocket's modernization solutions within HPE's enterprise infrastructure ecosystem.
- IBMcoreDeep partnership focused on IBM Z and IBM i platform modernization solutions. Rocket Software is a leading provider of modernization tools for IBM mainframe and midrange environments, including COBOL solutions, DevOps, and security offerings.
- Amazon Web Services (AWS)coreRocket Software offers mainframe modernization solutions for AWS environments, enabling organizations to extend IBM Z workloads to the AWS cloud with integrated hybrid cloud capabilities.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Rocket Software, Inc. competitors and assessment
Company assessmentDirect peers
- TmaxSoft: TmaxSoft provides OpenFrame, a re-platforming solution that runs mainframe workloads on commodity servers, alongside Tibero database and Tmax middleware — directly comparable to Rocket's COBOL modernization and Uniface platforms for enterprises seeking to move IBM Z workloads off legacy hardware.
- Micro Focus (now OpenText): Micro Focus, now part of OpenText, is the most direct peer to Rocket Software. Both firms specialize in COBOL and mainframe application development, testing, and modernization tooling for IBM Z and IBM i environments, and both sell subscription-based DevOps, security, and operations software into the same enterprise mainframe buyer.
- BMC Software: BMC Software (which acquired Compuware) competes directly with Rocket in mainframe DevOps, change management (competing with ChangeMan), and operations tooling for IBM Z environments, serving the same large enterprise IT buyer in financial services, insurance, and government.
Broad incumbents
- Microsoft Azure: Microsoft Azure competes as a broad incumbent in enterprise modernization and cloud migration, including through partnerships and Azure-based replatforming offerings, and is increasingly a default destination for enterprises moving workloads off IBM Z — competing for the same modernization budget Rocket targets.
- AWS Mainframe Modernization: AWS Mainframe Modernization is a hyperscaler-led suite for migrating and modernizing mainframe workloads to AWS, overlapping with Rocket's hybrid cloud strategy and AWS partnership, but offered by a broader cloud platform incumbent with far greater scale and bundling leverage.
Emerging players
- Heirloom Computing: Heirloom Computing focuses on automated COBOL-to-Java migration and mainframe re-hosting to AWS, targeting the same modernization buyer as Rocket but with a narrower, more automated niche offering — an emerging alternative for customers prioritizing re-platforming over in-place modernization.
- SnapLogic: SnapLogic offers an AI-driven data integration and enterprise iPaaS platform that competes with Rocket DataEdge for enterprise data virtualization and integration workloads, particularly in hybrid and multi-cloud environments that overlap with Rocket's hybrid cloud modernization thesis.
- Skytap (an IBM company): Skytap provides cloud environments for IBM Power and AIX workloads, offering an alternative modernization path for IBM i and AIX-based applications that overlaps with Rocket's IBM i modernization portfolio and its hybrid cloud integration strategy.
- MuleSoft (Salesforce): MuleSoft is a leading enterprise data integration and API platform competing with Rocket DataEdge for the data integration and connectivity budget within the same enterprise IT and CIO buyer, especially as customers modernize integration layers alongside core systems.
Regional players
- NTT Data: NTT Data is a major Japanese-headquartered IT services and mainframe modernization provider with deep expertise in COBOL and legacy banking systems, serving as a regional peer to Rocket in APAC and selected global banking modernization programs where it competes for the same mainframe modernization RFPs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Rocket Software, Inc. social profiles
Digital presenceRocket Software, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rocket Software, Inc. leadership team
Management profileNumber of profiles
Rocket Software, Inc. subsidiaries and ownership
Company hierarchySubsidiaries1 record
Rocket Software, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rocket Software, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rocket Software, Inc.
What does Rocket Software, Inc. do?
Rocket Software develops and sells enterprise IT modernization software for IBM Z (mainframe), IBM i midrange, and hybrid cloud environments. Its portfolio spans COBOL modernization, DevOps, security, data integration, AI-powered operational diagnostics (Rocket EVA), and high-performance analytics (Rocket Vertica), targeting organizations modernizing mission-critical legacy systems.
Is Rocket Software, Inc. a public or private company?
Rocket Software, Inc. is a private company. It is classified as unknown and is currently operating.
When was Rocket Software, Inc. founded?
Rocket Software, Inc. was founded in 1990.
Where is Rocket Software, Inc. based?
Rocket Software, Inc. is headquartered in Waltham, United States, in the North America region.
How does Rocket Software, Inc. make money?
Three revenue lines are on record. Enterprise Software Licenses are the primary driver. The others are saaS and Cloud Services and professional Services and Support.
Who are Rocket Software, Inc.'s main competitors?
Direct peers on record are TmaxSoft, Micro Focus (now OpenText) and BMC Software. Broad incumbents are Microsoft Azure and AWS Mainframe Modernization. Emerging players are Heirloom Computing, SnapLogic, Skytap (an IBM company) and MuleSoft (Salesforce). NTT Data is listed as a regional player.
Does Rocket Software, Inc. have an API?
Yes. Rocket Software provides APIs to support integration with and operation of licensed Rocket products. All API access is subject to and conditioned upon an effective EULA for the relevant Rocket product. API keys, tokens, or other credentials are confidential, non-transferable, and may only be used by authorized users in connection with licensed Rocket products. Rocket may impose rate limits, throttling, and other technical access controls on API usage at any time. Rocket also makes certain data sources, tools, or functionality available via the Model Context Protocol (MCP) standard, where the scope of MCP features is determined by Rocket based on licensed products, with baseline functionality for unlicensed users and expanded capabilities for licensed product users. Developer documentation is at docs.rocketsoftware.com.
What industry is Rocket Software, Inc. in?
Rocket Software, Inc.'s product category is Enterprise IT Modernization Software. Its primary akta.pro industry code is BPAHAEAD, Software Engineering & Application Modernization, with a secondary code of BPAEACAC, Cloud Application Modernization & Refactoring. Its NAICS code is 513210 and its SIC code is 7372.