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Synchronoss Reaches 10 Million Personal Cloud Subscribers

NASDAQ: SNCR – Today, Synchronoss announced that it has reached 10 Million Personal Cloud Subscribers throughout the world since launching its Personal Cloud Platform this summer.  Synchronoss’ Personal Cloud Platform is an industry leading personal cloud solution that enables mobile operators to provide subscribers the ability to backup, restore, sync and share their valuable content across smartphones, tablets, computers and other connected devices – accessible from anywhere at any time. In addition to our successful launch of the Personal Cloud Platform, Synchronoss continues to grow its cloud services across all its subscriber base, with over 60 Million subscribers, including Network Address Book, Social Gateways, and Smart Mobility worldwide.

“We are pleased to announce this critical and important milestone in our first six months deploying our Personal Cloud Platform with leading mobile operators around the world” said Stephen G. Waldis, Founder and Chief Executive Officer of Synchronoss.  “Our existing Tier One mobile operator customers have over 1 Billion Subscribers who use smart devices that can benefit from our Personal Cloud Software. Our ability to sign up 10 Million Subscribers, or roughly 1% of our existing customer’s addressable market is a milestone that is very encouraging for our longer term plans.”

Major mobile operators around the world trust Synchronoss to help their customers back-up and safely secure critical content, such as their contacts, device settings, and MMS/SMS messages on their mobile devices. This is vital in the event devices are lost, damaged, or stolen. In addition, Synchronoss Personal Cloud software plays an essential role for new mobile subscribers when customers choose to upgrade or transfer critical personal content from an old device to a new device. Synchronoss’ software is device and platform agnostic, supporting all major devices and operating platforms such as IOS, Android and Windows, allowing mobile subscribers to choose whatever device type they desire, and it will simply ensure all your devices and your content stay in sync for a superior experience.

“The cloud is becoming such a critical part of Tier One mobile operator’s go-to-market strategy” said Biju Nair, Synchronoss’ Chief Strategy Officer. “It’s providing them a competitive advantage by giving their subscribers the ability to file, sync, share and restore important user generated content as use more and more power, speed, and applications are now available on 4G Networks around the globe. “Our content ingest rates of data from subscribers is consuming over 20 Petabytes storage annually and we only expect that number to continue to grow exponentially as we drive more and more adoption within our base.”

Synchronoss will also be launching its Business Cloud Software in Q1 of 2014, in which Vodafone will be the first customer in the market. When you combine the mobile operator Small Business Market with the existing Personal Cloud market Synchronoss supports today, the addressable market will become exponentially larger.

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Synchronoss Lands a Spot on Deloitte’s 2013 Technology Fast 500

We are pleased to announce that Synchronoss has been included in this year’s Deloitte Technology 500. The Deloitte Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.  Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.

“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader.  “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”

“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”

Synchronoss was previously ranked as Technology Fast 500 award winners for both 2007 and 2009. Overall, 2013 Technology Fast 500 companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.

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Introducing spatialSTORM, Synchronoss’ New Service-Oriented Architecture

Last week we announced the release of spatialSTORM, a new service-oriented architecture (SOA) platform that enables communication service providers to easily integrate and deliver physical network inventory assets throughout the enterprise. The spatialSTORM architecture is standards-based, service-enabled, and easily consumable by modern applications. It allows service providers to quickly and easily author, publish, and serve network asset inventory knowledge to the broader organization and external entities through standard integration technology.

Efficient system-to-system integration is essential for cost – effective, real-time network operation and planning support. spatialSTORM also ensures a consistent interface to all spatialSUITE business rules, data model, and network asset data, and facilitates communication between the spatialSUITE environment and external applications. As a result, spatialSTORM improves access to data and lowers the costs of integration, significantly increasing the value and return on investment (ROI) in physical network inventory data.

spatialSTORM includes a rich set of APIs and web services that enable system integrators and application developers to interact with the platform and integrate systems, develop clients, and manage physical assets remotely. In terms of support, spatialSTORM supports an extensive set of standards which allow read/write access to all network entities.

Synchronoss continues to add to its spatialSUITE portfolio of network asset management solutions that utilize an enterprise platform for many specific industry business operations. With spatialSTORM, customers can fully leverage their physical asset data in these key business processes.

For more information on spatialSTORM and other offerings in the Synchronoss broadband solutions portfolio, visit http://www.synchronoss.com/our-platforms/activation-services-platform/activation-services-broadband.html

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Synchronoss Delivers Multilingual Network Asset Management Solutions

Today, we announced the enhanced version of our telecommunications network asset management products to support use in English and Spanish languages. Communication service providers in Spanish-speaking countries can now access the full benefits of the solution in their native language.

The availability of the enhanced network asset management products include spatialNET™ and spatialWEB™. spatialNET is an engineering solution that manages the complete physical inventory for communication service providers, allowing users to design and manage fiber, coax, and twisted-pair networks in a familiar CAD environment while managing the asset data in an enterprise database. spatialWEB is an enterprise web mapping solution that delivers network asset information quickly, easily, and cost-effectively through standard web browser technology. spatialWEB supports a wide range of workflows including service qualification, operations, maintenance, and customer service.

According to President of Broadband Solutions, Mark Mendes, “Delivering bilingual versions of spatialNET and spatialWEB is an important milestone in the evolution of the spatialSUITE product portfolio. This enhancement to our network asset management platform makes it easier for our customers to deploy the solution in Spanish-speaking countries across the globe.”

“Having a globalized network asset management platform will not only serve our Spanish-speaking customers, but also allow these solutions to be readily deployed all over the globe.”

The spatialSUITE helps communications service providers plan, design, construct, and maintain their physical network infrastructure. The fully integrated portfolio makes it easy for professionals to map, model and manage complex fiber, copper and coaxial cable networks and provides enterprise-wide access to timely, accurate network asset information.

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Synchronoss Cares Program Raises Over $100,000

Stacie Hiras and Dana Huppert from Synchronoss’ Team Sandy attended the Thank You Reception at the Governor’s mansion on April 9th. They presented New Jersey’s First Lady, Mrs. Mary Pat Christie, a check for $42,139.33 from the Synchronoss Cares program for the Hurricane Sandy NJ Relief Fund.

Bringing floods, massive power outages, and general chaos, last October’s Hurricane Sandy had a devastating effect on our area. As a company headquartered in New Jersey, we rallied together to support relief efforts and contribute to the recovery of the Tri-State area, thus launching the Synchronoss Cares program.

The goal of the Synchronoss Cares program was to raise significant funds for three charities, fueling some friendly internal competition. The charities were the Everett Family Fund, Hurricane Sandy NJ Relief Fund, and American Red Cross (NJ Chapter). A fourth team, Habitat for Humanity was designated to be the recipient of a bank of employee volunteer hours to be worked on in the coming months.

To date the combined efforts of the Synchronoss Cares teams raised $135,559.67 for the three charities and created a bank of 558 volunteer hours for Habitat For Humanity. The winning team, the Everett Family Fund, raised an impressive $81,884.01! Hurricane Sandy NJ Relief Fund raised $42,139.33 and the American Red Cross (NJ Chapter) raised $11,536.33.

Thanks to each and every employee who participated in this effort, especially to the team leads: Sheri Horwitz (R&D) – Everett Family Fund, Stacie Hiras (Marketing) – Hurricane Sandy NJ Relief Fund, Holly Marston (HR) – American Red Cross (NJ Chapter), and Heather Housman (Marketing) – Habitat for Humanity.

Their leadership sparked employee involvement and a creative competition all for a good cause. Thanks also to Dana Huppert (Legal) for her work in tracking, establishing bank accounts, and handling administration for each team. “Synchronoss Cares was a great way for our employees to come together as a team and provide support to the surrounding communities impacted by Hurricane Sandy,” said Stephen Waldis. “I am deeply proud and truly appreciative of the extraordinary effort and results of this initiative.”

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