Lotus Innovations Announces New Hires for Key Executive Positions in Portfolio Company, Ramp Consulting

Lotus Innovations Fund, a California-based private equity investment fund, today announced the hire of two key executive positions for their portfolio company, Ramp Consulting. Long-time technology executive, Victor Fadool has been appointed Chief Executive Officer and seasoned sales executive, Jim Cockrell has joined the company in the role of Vice President, Sales.

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As CEO of Ramp Consulting, Victor Fadool brings tremendous background and strong ties to the SAP Software services and the Professional Services executive community,” Christian Mack, Managing Director of the Lotus Innovations Fund.

Irvine, CA (PRWEB) July 29, 2014

Lotus Innovations Fund, a California-based private equity investment fund, today announced the hire of two key executive positions for their portfolio company, Ramp Consulting. Long-time technology executive, Victor Fadool has been appointed Chief Executive Officer and seasoned sales executive, James Cockrell has joined the company in the role of Vice President, Sales.

“As CEO of Ramp Consulting, Victor Fadool brings tremendous background and strong ties to the SAP Software services and the Professional Services executive community,” said Christian Mack, Managing Director of the Lotus Innovations Fund. “With Ramp’s impressive growth path, Fadool’s immediate focus will be to help drive Direct Sales and Sales operations at Ramp Consulting. We are confident that Vic’s deep experience will guide the company in its next important growth phase.”

Victor Fadool, a 25-year Software & Services veteran, has held Managing Director & senior executive positions at CA, Unison Software, IBM Tivoli, Peregrine Software, HP Software, and Intact Technology. Fadool is currently a member of Intact Technology’s Advisory board and will be acting as an advisor to Lotus Innovations.

“Ramp’s Vice President of Sales, James Cockrell adds a wealth of top-level sales talent in his new role,” added Mack. “With extensive experience in creating SAP solutions for many companies from Atos Origin to AT&T, James will help drive Ramp’s goal to advance its Direct Sales initiative. Together, this top-notch executive team will help to guide Ramp Consulting’s success as a premiere provider of business intelligence services in the SAP community,” added Mack.

James Cockrell, a SAP Services Sales veteran, was the top sales executive at Atos Origin, the lead Director of Business Development at AT&T for Enterprise Applications and most recently Senior Account Executive at Unisys responsible for selling very large SAP Solutions to some of the largest companies in the world.

About RAMP Consulting
RAMP Consulting is a SAP Enterprise Performance Management consulting company, specializing in leveraging SAP data into insightful business intelligence resulting in improved budget, planning and forecasting decision making. The company works with clients to implement, enhance, and manage services for Business Planning and Consolidation, Business Intelligence, Business Warehouse, Project Cost Management, Business Objects, DS, FIM, and HANA.

By filling the gap between compiling the data in the SAP Business Warehouse (BW) and creating Business Intelligence (BI) reporting tools, RAMP solves core business information needs. RAMP provides further value by offering substantial savings and a guaranteed fixed price on projects.

About The Lotus Innovations Fund
The Lotus Innovations Fund, located in Irvine, California, is a private equity fund focused on transforming Enterprise I.T. Professional Services companies into SaaS-based companies. By operationalizing a repeatable process with Lotus Innovations’ proprietary methodology and embedded management, the fund creates a new paradigm that accelerates growth and valuations.

The innovative approach to investments in early stage Enterprise I.T. Services companies and subsequent transformation into SaaS companies creates a systematic deal flow for other private equity firms and strategic alliance partners as each portfolio company is exited by Lotus Innovations.


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