Skywire Software, a provider of software and services to the insurance industry, announced the spin off of its iWave Integrator integration software into an independent company under the name iWave Software, LLC. The creation of the new company solidifies iWave Software as an independent vendor of IT service management (ITSM) integration software, and positions the company for entry into the run book automation market.

“iWave has a 15-year history of providing mission-critical ITSM integration solutions to a global customer base,” says Patrick Brandt, president and CEO of Skywire. “As an independent company, iWave Software is well positioned for a new phase of rapid growth beyond ITSM integrations into the IT process automation market. Customers will see real benefits from iWave Software’s status as an independent developer of IT integration and automation software.”

Brent Rhymes, who previously served as general manager for iWave Integrator, has been named president and CEO of the new company. Rhymes brings more than 16 years of direct industry experience in senior management, sales and marketing to iWave Software.