Stratus Technology Services, LLC

Based in New Jersey, US, and co-founded by Jamie Raymond (CEO) and Steve Damen (Partner) in 2001, Stratus Tech LLC operates as a workforce and information technology services company. In March 2023, the firm raised an investment from Stratus Tech LLC. The firm as of March 2023, has over 550 employees worldwide with offices in New Jersey, Florida, US, and Hyderabad, India. The services offered by the firm include professional services on on-demand staffing solutions, Insurance solution through leveraging its Guidewire partnership, application managed services through its AMS (application management services) solution supports system to ensure increased system uptime, faster software delivery, and stable operating environment of the clients.

Other services provided by the firm include a project management office and end-to-end project support, program management from estimation, planning to project definition driven by PMP (project management professional), ITIL (information technology infrastructure library), and analytics DevOps, data, and cloud solutions to define, design, and build transformative solutions for clients. Based on its published service lines, Stratus’ revenue would typically come from project-based consulting/system-integration engagements (modernization, cloud migrations, data programs), recurring managed services (application maintenance/support), and staffing/talent solutions (staff augmentation/RPO-style placements). The company does not publish a detailed revenue breakdown on its official site in the sources retrieved, so this is an interpretation of how firms with these offerings commonly monetize The firm as of March 2023, plans to open 2 new offices in California US and Latin America.