Synchronoss Technologies Celebrates One Year IPO Anniversary by Hosting 'Race for the Digital Home' Roundtable Event at NASDAQ Studios
Synchronoss Technologies, Inc. (NASDAQ: SNCR), the premier
provider of on-demand transaction management software to Tier One
communications service providers (CSPs), celebrated the first
anniversary of its IPO by hosting a customer roundtable event on the
"Race for the Digital Home." The event took place in New York City at
NASDAQ Studios on July 19, 2007 which culminated with president and
CEO, Stephen Waldis and the executive team ringing the closing bell.
Industry thought leaders from Comcast, Cablevision, and Level 3
Communications participated in the discussions moderated by Mark
Winther, Vice President and General Manger Worldwide
Telecommunications at IDC Research which explored the challenges
facing CSPs in delivering fixed and converged mobile services. Key
takeaways from the roundtable:
-- While CSPs are rapidly rolling out bundled services (e.g.
Triple and Quadruple Play offerings) across a broad range of
different processes, there must be a central platform to
improve roll out and accelerate the customer experience.
-- A universal activation, orchestration and customer care
operation will be required as the complexity in the activation
processes continues to grow as service providers aim to reach
a varying customer segment.
-- As service providers begin offering personalized feature
options associated with bundled services, they will need to
scale the levels of transaction automation for an optimal
customer experience.
"The challenge for all fixed and mobile converged IP service
providers is to implement a solution suite that orchestrates
subscriber activation and provisioning for converged order bundles in
a rapid time to market," said Mark Winther, group vice president &
general manager, worldwide telecommunications at IDC. "A unified
customer experience will ultimately win in the race for the digital
home."
"As the convergence of communications services and devices
continues to grow, a centralized platform which accelerates the
transaction and activation processes is critical for service
providers," said Steve Waldis, president and CEO, Synchronoss
Technologies. "Synchronoss is honored to have been able to celebrate
the first anniversary of our IPO with our key customers learning about
the challenges they drive to own the digital identity of the home."
The event concluded with Mr. Waldis ringing the closing bell at
NASDAQ studios in Times Square. The ceremony closed out what was an
extremely successful first year for Synchronoss Technologies in terms
of its organizational growth, and new client engagements.
About Synchronoss Technologies, Inc.
Synchronoss Technologies (Nasdaq: SNCR) is the premier provider of
on-demand transaction management software to Tier One communications
service providers. Synchronoss enables service providers to drive
growth in new and existing markets while delivering an improved
customer experience at lower costs. The company's flagship
ActivationNow(R) and ConvergenceNow(TM) software platforms automate,
synchronize and simplify electronic service creation and management of
advanced wireline, wireless and IP services across existing networks.
Tier One Synchronoss clients include AT&T, Cablevision Systems
Corporation, Clearwire, Comcast, Level 3 Communications, Time Warner
Cable, Verizon Business Solutions, and Vonage. For more information,
please visit www.synchronoss.com.
The Synchronoss logo, Synchronoss, ActivationNow and
ConvergenceNow are trademarks of Synchronoss Technologies, Inc. All
other trademarks are property of their respective owners.