Enhanced hosting partnership required to support expected explosive
growth of carrier-grade Personal Cloud services
BRIDGEWATER, N.J.--(BUSINESS WIRE)--Nov. 2, 2015--
Synchronoss Technologies, Inc. (NASDAQ:SNCR), the leading innovator of
cloud solutions and software-based activation for mobile carriers,
enterprises, retailers and OEMs worldwide, today announced that based
upon success and traction of the Synchronoss Personal Cloud and
additional new service providers slated to come online in 2016, it has
extended its secure cloud hosting agreement with Vodafone. The deal will
provide Synchronoss with additional capabilities to leverage the
Vodafone relationship to support the rapid international growth in
consumer demand for carrier-grade Personal Cloud services.
Synchronoss’ partnership with Vodafone has been in place for a few
years. The global operator will continue to provide cloud hosting
services to Synchronoss across Europe, the Middle East, and the Asia
Pacific region, maintaining its global footprint and adding scale to its
global Personal Cloud solutions portfolio. The subscriber base of
Synchronoss’ operator customers provide it with access to 75% of the
potential Personal Cloud market around the world and the company is
capitalizing on this opportunity as it continues to add hundreds of
thousands of Personal Cloud subscribers on a weekly basis. This demand
is generating more than a petabyte of data every week as consumers
regard cloud capabilities as an essential enabler of their digital lives.
“Cloud has become a critical part of our carrier customers’ core
communication strategy and the new normal,” said Chris Halbard, EVP and
President International, Synchronoss. “Having a white label cloud
offering that sits inside the carrier’s secure network allows carriers
to own the customer relationship. We are witnessing growing conviction
for the importance of carrier branded cloud solutions, which is why we
are excited to partner with Vodafone.”
Together, Synchronoss and Vodafone are poised to meet the increasing,
world-wide demand for carrier-branded cloud solutions with innovative
cloud solutions and a global hosting environment. The carrier market is
recognizing the economic upside cloud has for optimizing retail
environments, unifying services across devices and extending carrier
functionality to third parties. The Synchronoss cloud solution,
(integrated tightly with Mobile Content Transfer and device Activation)
gives carriers the power and flexibility to use the cloud to create a
more valuable experience for their subscribers. This gives carriers the
ability to quickly respond to the dynamic, churn-optimized market and
add differentiation in ways that complement their go-to-market strategy.
About Synchronoss
Synchronoss Technologies, based in Bridgewater, NJ, (NASDAQ: SNCR) is
the mobile innovation leader that provides personal cloud solutions,
secure enterprise solutions and software-based activation for connected
devices across the globe. The company’s proven, scalable and patented
technology solutions allow customers to connect, synchronize and
activate connected devices and services that empower enterprises and
consumers to live in a connected world. For more information visit us
at: www.synchronoss.com.
The Synchronoss logo and Synchronoss are trademarks of Synchronoss
Technologies, Inc. All other trademarks are property of their respective
owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151102005856/en/
Source: Synchronoss
For Synchronoss:
Investors:
Seth Potter,
646-277-1230
investor@synchronoss.com
or
Media:
Stacie
Hiras, 908-674-0758
Stacie.hiras@synchronoss.com