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Submission declined on 25 January 2025 by Johannes Maximilian (talk).
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Declined by Johannes Maximilian 27 days ago. Last edited by Johannes Maximilian 27 days ago. Reviewer: Inform author.
Resubmit Please note that if the issues are not fixed, the draft will be declined again.
Railsware
IndustrySaaS
Founded2007
FounderYaroslav Lazor
Headquarters,
Revenue20ドル million (2024)[1]
Websiterailsware.com

Railsware is a software development company that follows a product studio business model, developing its own SaaS products and providing consultancy services for startups and technology companies.[2] The company, which was founded in Ukraine, now has offices in Kyiv (Ukraine), Kraków and Warsaw, (Poland), West Hollywood (USA), and Dubai (UAE).

History

Founding and Early Development (2007–2011)

Railsware was founded in 2007 by Yaroslav Lazor,.[3] who later became the company's CEO. The company's name reflects its initial focus, blending "Rails" from Ruby on Rails—a pivotal framework in Railsware's early projects[4] —and "ware" from software. At that time, Railsware was among the early adopters, with some of its developers having experience in Ruby since those earlier days, making them well-positioned to harness its potential as it matured in the industry[3]

In 2009, Sergiy Korolov joined Railsware as Managing Partner, helping shape the company's strategic direction.[5]

Change of the Business Model (2011–2012)

In the early 2010s, Railsware decided to change its business model, moving away from software development outsourcing towards software consultancy and creating its own tech products, labeling the new approach as a 'product studio'.[6]

Railsware began studying successful Silicon Valley product companies, which inspired some of the company's practices in product management and development.[7] In 2012, Railsware's collaboration[8] with industry leaders like Pivotal Labs introduced advanced methodologies such as inception for product discovery and pair programming. These integrations, along with the launch of Railsware's first profitable project, allowed the formation of a dedicated product team[6] and materialized the company's transition from consulting to product studio.[9]

Product Studio (2012-Present)

Railsware functions as a product studio. Among others, Railsware contributed to the development of Calendly. Railsware has been supporting Calendly.[10]

In 2024, Railsware entered the Inc. 5000 list of the fastest-growing private companies with a 323% 3-year growth.[11] Railsware didn't attract external funding as it reinvests its profits into the growth of its own products.[12] In 2023, the company announced it invested 10ドル million into its set of productivity tools, TitanApps.io.[13]

Products

Railsware has created three SaaS products that have over four million users in total.

  • Mailtrap.io (started in 2011) is an email delivery platform with over a million users.[14]
  • Coupler.io (started in 2020) is a no-code data integration platform with over 830K users and offers more than 500.[15]
  • TitanApps.io (started as Smart Checklist for Jira in 2017) is a set of productivity tools with over 2.2 million users.[16] It aims to improve task management within the Atlassian and monday.com ecosystems.[17]

The BRIDGeS framework

Aside from product development, Railsware designed a decision-making framework called BRIDGeS.[18] It offers a structured approach to tackle decision-making and problem-solving in product management.[19]

References

  1. ^ "How This SaaS Product Studio Built 3 Tools and Did 16ドルm in Revenue Last Year" . Retrieved 20 November 2024.
  2. ^ Railsware Product Studio (2023年11月21日). Calendly, BrightBytes, TennisHub, BackOps about Railsware Product Studio . Retrieved 2024年11月20日 – via YouTube.
  3. ^ a b MAN DIGITAL (2024年05月28日). State of Software Houses: Railsware Growth Strategies . Retrieved 2024年11月20日 – via YouTube.
  4. ^ "Ярослав Лазор, Railsware: «Конкуренция на рынке низкой цены — это гонка к нулю»". DOU (in Russian). Retrieved 2024年11月20日.
  5. ^ Engineer to Manager (2024年04月13日). Engineer to Manager #19: Sergiy Korolov and his 15 years in Railsware | Inspiration, AI, Leadership . Retrieved 2024年11月20日 – via YouTube.
  6. ^ a b "Outsourcing vs software consultancy: как поднять рейты до 75 USD/час". DOU (in Russian). Retrieved 2024年11月20日.
  7. ^ ITEM (2018年10月27日). Outsourcing is a dead-end. Practical steps ... | Sergey Korolev | ITEM 2018 Dnipro Ukraine . Retrieved 2024年11月22日 – via YouTube.
  8. ^ "Ярослав Лазор, Railsware: «Конкуренция на рынке низкой цены — это гонка к нулю»". DOU (in Russian). Retrieved 2024年11月20日.
  9. ^ "121 Yaroslav Lazor - Inventing Roles and Igniting Vision for Peak Performance Leadership - SaaS Fuel". saasfuel.captivate.fm. Retrieved 2024年11月20日.
  10. ^ Feldman, Amy. "Nigeria-Born Tope Awotona Poured His Life Savings Into Calendly. Now He's One Of America's Wealthiest Immigrants". Forbes. Retrieved 2024年11月20日.
  11. ^ Railsware Products Studio is a 2024 Inc. 5000 honoree
  12. ^ "«Аутсорс — це коли тобі приносять воду, цибулю, буряк і кажуть приготувати борщ». Розмова з топом української продуктової студії, яка запустила «єдинорога» Calendly". dev.ua (in Ukrainian). Retrieved 2024年11月20日.
  13. ^ "Українська Railsware інвестує 10ドル млн у застосунки для управління проєктами Titan Apps — Forbes.ua". forbes.ua (in Ukrainian). 2023年12月18日. Retrieved 2024年11月20日.
  14. ^ "Через факапи до зірок. Як у межах одного продукту створити супутній і завоювати довіру користувачів". DOU (in Ukrainian). Retrieved 2024年11月20日.
  15. ^ "Coupler.io - Google Workspace Marketplace". workspace.google.com. Retrieved 2024年11月20日.
  16. ^ "Продуктова студія Railsware інвестує 10ドル млн у TitanApps — застосунки для управління проєктами". dev.ua (in Ukrainian). Retrieved 2024年11月20日.
  17. ^ "Atlassian Marketplace". marketplace.atlassian.com. Retrieved 2024年11月20日.
  18. ^ Coupler.io Academy (2021年12月13日). BRIDGeS | Decision-Making Framework by Railsware . Retrieved 2024年11月20日 – via YouTube.
  19. ^ Clark, H (2023), Yaroslav Lazor of Railsware on 5 tools that should be in every product manager's belt

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