Abacus Data Systems,

doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

Caret or CARET (formerly AbacusNext), is an American

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

and

private cloud Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to ISO. Essential characteristics ...

services provider headquartered in

San Diego, California San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...

. The company, doing business as AbacusNext, announced its rebranding in February, now doing business as CARET.

Services and software

Cloud

Abacus Private Cloud is a

sold as Desktop-as-a-Service within a

Windows Server 2012 R2 Windows Server 2012 R2, codenamed "Windows Server Blue", is the tenth major version of the Windows NT operating system produced by Microsoft to be released under the Windows Server brand name. It was unveiled on June 3, 2013, at TechEd Nort ...

environment. This service relies on

Veeam Software Veeam Software Group is a privately held US-based information technology company owned by Insight Partners. It develops backup, disaster recovery and modern data protection software for virtual, cloud-native, SaaS, Kubernetes and physical workloa ...

for backup support, and is built on

Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

-based architecture. This private cloud service is colocated across three carrier-neutral data centers that are interconnected via a self-run optical network. These data centers are Scalematrix in

, Skybox Houston One in

Houston, Texas Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

, and SUPERNAP by

Switch In electrical engineering, a switch is an electrical component that can disconnect or connect the conducting path in an electrical circuit, interrupting the electric current or diverting it from one conductor to another. The most common type o ...

Las Vegas, Nevada Las Vegas, colloquially referred to as Vegas, is the most populous city in the U.S. state of Nevada and the county seat of Clark County. The Las Vegas Valley metropolitan area is the largest within the greater Mojave Desert, and second-l ...

Software

AbacusNext offers four

Windows Windows is a Product lining, product line of Proprietary software, proprietary graphical user interface, graphical operating systems developed and marketed by Microsoft. It is grouped into families and subfamilies that cater to particular sec ...

-based platforms, all of which rely on

relational database management system A relational database (RDB) is a database based on the relational model of data, as proposed by E. F. Codd in 1970. A Relational Database Management System (RDBMS) is a type of database management system that stores data in a structured for ...

s. Two are

law practice management software Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate. It has been variously described as a science and as the ar ...

for

lawyers A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as wel ...

; AbacusLaw uses Advantage Database, while Amicus Attorney uses

Microsoft SQL Server Microsoft SQL Server is a proprietary relational database management system developed by Microsoft using Structured Query Language (SQL, often pronounced "sequel"). As a database server, it is a software product with the primary function of ...

. AbacusNext has two platforms for

accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...

firms that rely on

: ResultsCRM, a

customer relationship management Customer relationship management (CRM) is a strategic process that organizations use to manage, analyze, and improve their interactions with customers. By leveraging data-driven insights, CRM helps businesses optimize communication, enhance cus ...

for

QuickBooks QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as ...

, and OfficeTools practice management software.

Management

*Keri Gohman,

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

(previously a partner at Bain Capital Ventures) *Mike Skelly, CFO (former CFO of Trio Health, UpWind Solutions, and Active Network) In December 2015, American

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

investment firm

Providence Equity Partners Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity inves ...

took a strategic majority investment in AbacusNext (Abacus Data Systems at that time).

Acquisitions

In May 2016, AbacusNext acquired

Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...

-based software company Gavel & Gown, makers of Amicus Attorney. Results Software, a Virginia-based software company and maker of ResultsCRM, was acquired in February 2017. In the same month, the company also acquired

San Diego San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...

–based cloud hosting provider Cloudnine Realtime. In May of that same year, it also acquired

Palmdale Palmdale is a city in northern Los Angeles County, California, United States. The city lies in the Antelope Valley of Southern California. The San Gabriel Mountains separate Palmdale from the Los Angeles Basin to the south. On August 24, 1962 ...

-based software company OfficeTools. In November 2017, the company acquired

Scotland Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjac ...

-based software company

HotDocs HotDocs is a document automation (also known as document generation or document assembly) software company currently owned by Mitratech. Version 1.0 of HotDocs was introduced in 1993. Description HotDocs transforms documents and graphical (PDF) ...

. HotDocs was previously owned by

LexisNexis LexisNexis is an American data analytics company headquartered in New York, New York. Its products are various databases that are accessed through online portals, including portals for computer-assisted legal research (CALR), newspaper searc ...

before being sold in 2009. A month later,

New Hampshire New Hampshire ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...

–based software company Commercial Logic was acquired.

References

{{Reflist

External links

Official website
Software companies of the United States Cloud applications Cloud computing providers American companies established in 1983 Software companies based in California Technology companies based in San Diego