Procure IT Names Former RapidScale COO/CTO William H. Hiatt to Head Operations

CARROLLTON, Texas – October 26, 2023 – Procure IT, a game-changing data-driven IT procurement company, announced today that it has named William H. Hiatt, a 25-year technology industry veteran and former Co-founder and COO/CTO of RapidScale, as Managing Partner and head of the company’s operations.

In his new role, Hiatt oversees the implementation and management of Procure IT’s business strategy, including capital investments in technology and human resources to meet targets for growth and profitability.

“William Hiatt and I have worked together for 20-plus years, including building and exiting RapidScale,” said Randy Jeter, Procure IT Co-founder and Managing Partner and former CEO of RapidScale. "William brings a rare combination of expertise in global enterprise architecture, security and compliance, professional and managed services processes, and finance required to build and operate an innovative IT procurement platform company. I’m excited to collaborate with him again to realize our shared vision to build Procure IT, the first data-driven IT ‘procurement as a service’ company.”

Hiatt is an accomplished technology executive with more than 25 years of experience transforming organizations, ranging from startups to large global enterprises. Along with Jeter, Hiatt was part of the leadership team that grew managed cloud provider RapidScale from startup to its successful sale to Cox Communications in 2018. Previously, he held IT roles, such as Principal Architect for Bear Data Solutions Inc., Director of Infrastructure Engineering at Zumasys, and National Director of Advantage Solutions.

Uniquely, Hiatt brings in-depth technology, operations and finance backgrounds to his role with Procure IT. He has a Bachelor of Science from Chapman University and holds multiple IT certifications. His technical know-how has helped him to negotiate vendor relationships, resulting in significant incremental savings in capital and operating spend. And he has participated in fundraising rounds with angel and private equity investors. Hiatt has also built high-performance teams of diverse skill sets across multiple business units, fostering a positive company culture to drive employee retention and industry-leading customer satisfaction.

“Every business relies on technology, but it’s becoming increasingly complex to source and manage,” said Hiatt. “Procure IT combines people, processes and software into a ground-breaking solution to this widespread challenge. My role at Procure IT is to leverage my experience building and managing complex technology environments for global organizations to enable all our business customers — large and small — to affordably obtain and operate an IT Business Agility Framework to meet their needs as they change and grow. To realize our goal, I’m focusing on building Procure IT’s tech stack, processes and team, including acquisitions and investments.”

Procure IT raised initial funding of $4.8 million to create an industry-first platform for IT procurement, spend, performance and risk management.

More Information

To learn more about leveraging the Procure IT platform to simplify and optimize your company's IT environment, visit www.procureit.com. To speak to a Procure IT sourcing expert, visit  www.procureit.com/contact or email contactus@procureit.com.

Suppliers interested in becoming part of the Procure IT platform can connect with the supplier management team by emailing suppliers@procureit.com.

About Procure IT

Procure IT, the data-driven IT procurement and management company, simplifies IT sourcing and expense, performance and risk management for businesses of all sizes – from small and medium businesses (SMBs) to global enterprises. Procure IT leverages decades of expertise in technology sourcing, relationships with more than 350 IT suppliers, proven processes and a proprietary CX software platform to help business clients save time and money while ensuring they have the technology they need to succeed in a competitive marketplace. Procure IT advises more than 3,000 businesses nationwide, speeding sourcing by 5X and reducing spending by 25 percent. For more information, visit www.procureit.com or engage with us on LinkedIn.

Media Contact

Khali Henderson

BuzzTheory (for Procure IT)

480.848.6726

khenderson@buzztheory.com

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