India, July 1 -- Two tech players, In Time Tec and RackNap, have announced the launch of a new company, ITTRackNap Tech Solutions, aimed at reshaping how cloud marketplaces operate and scale globally.

The venture brings together RackNap's experience in subscription billing and cloud marketplace orchestration with In Time Tec's engineering execution across multiple geographies. The result is an enterprise-ready platform designed for cloud providers, telecom operators, distributors, and software vendors who need to automate and monetise their services at scale.

ITTRackNap enters the scene at a time when service providers are grappling with outdated systems and fragmented billing workflows. The new platform addresses these gaps by offering...