Synchronoss Technology is a Software Services Company that is providing Game-Changing SaaS And PaaS. Also, the company enables digital, cloud, messaging, and IoT platforms, which maximize the growth of its client’s businesses. As well, lower down operating costs and improved customer experience and engagement. Stephen Waldis established the company, who is the present chairman of it. Under his policies, the Synchronoss platforms are helping clients meet changing digital market trends. The company has a 20-year history as a trusted integrator and had built a strong network with many partners all over the world.
Person Behind Synchornoss Technology foundation- Stephen Waldis
He is the founder and Chairman of the company, which is a global leader in a software solution. Earlier, he served at a top management position in several top companies. Especially, high-tech and telecommunication companies. However, Stephen started his career at AT&T. Where he worked at various positions such as product management, sales, and marketing as well, in technical filed. Thereafter, he acquired the executive-level position. In 2000, he set up Synchronoss to develop a platform that will meet the altering trends in the digital world.
Stephen attended Seton Hall University for his higher studies.
Awards and Recognition of Stephen Waldis
20 plus years’ experience in high tech and telecommunication filed and the endeavor to start a unique start-up offered several honors to Stephen. He won the prestigious Ernst and Young Entrepreneur of the Year award three times. Apart from that, Waldis is a founding inductee into the Seton Hall University Hall of Fame for Business Entrepreneurial Studies. As well, he sits on the Board of Trustees of Seton Hall University along with the Board of Directors of The New Jersey Technology Council. In addition, he is also a board of trustees at private firms BillTrust and ClickFox.
The Backstory of Foundation
Synchronoss set up in 2000 in Delaware. However, it was a small start-up in New Jersey that shaped into a global leader as a software service company. Stephen Waldis founded the company back in 2000 with his 20+ years’ experience. In 2006, the firm went public and next year it became one of the successful technology IPOs.
Currently, the company is providing miscellaneous software service as well, service in transaction management. It is especially for a broad range of activation solutions as well as connected devices, serving the industry leaders on the planet.
About the Company
Synchronoss Technologies is a global leader and innovator of messaging, cloud, as well as digital and IoT products. However, the products of company cover activation, cloud, enterprise mobility, broadband, universal identity, messaging as well as for analytics. In fact, Synchronoss is one of the global leaders in carrier cloud solutions, having a 75% market share. It is well-known for its unique approach to Software Services. Synchronoss platforms basically developed to create profitable new revenue and reduce innovation and growth costs. Also, create amazing customer experiences, drive higher engagement and speed up the market.
The company operates at several locations across the continents, including Japan, China, India, France, Australia, and many more. Also, it has a global data and R&D facility at Bethlehem, PA.
Synchronoss to exploring the business
The firm has expanded its business through acquisition strategies. In 2016, it acquired Intralink Holdings for 821 million dollars to expand the market in enterprise solutions. It was the financial service provider firm. Also, last year, Synchronoss acquired OpenWave Messaging to explore the business in the field of messaging solutions. As well, the company tied up with Price Water House Cooper so that the company’s enterprise mobility business can be explored. Furthermore, Synchronoss aims to explore the range of services in healthcare and life science.
Services offer
The company provides a range of products and services that includes cloud, enterprise mobility, broadband, universal identity, messaging as well as for analytics. Its secure mobility solutions are best known to secure important data, this data is saved on the container. So, even the mobile is lost, the important data would be removed automatically. Also, its analytics service is helping companies for data analytics. Thus, enabling cost optimization and other innovations needed to meet the digital trends. Furthermore, it also offers a personal cloud to manage personal data on smartphones. Like, photos, videos, attachments, etc.
Awards and Recognition
For its unique business model and innovative technology platform, Synchronoss has owned many titles on its name. For example, Software 500’s Top 10 Companies, Magazine’s 500 Fastest Growing Companies, NJBiz Fast 50 Companies, Deloitte Technology Fast 50, and many more. In 2009, it named Starcast & Sullivan’s Top 10 Global companies to watch. Also, it was the 2007’s IPO Home’s top-ranked software IPOs. Additionally, Synchronoss has been featured on Forbes List of America’s Best Small Companies. As well, in the Forbes Fast Tech 25 list that features the fastest growing technology companies. Synchronoss was ranked 7th in the list with a three-year average sales’ 29% growth.
Recently, Assurant, Inc. selected a personal cloud platform of Synchronoss to add incremental value to its mobile device protection offerings. A company, which is the market leader in mobile device protection as well as in risk management solutions chose Synchronoss to improvise the customer experience. Currently, the company is traded on the Nasdaq stock exchange under the symbol SNCR.
Jayshri is an Electronics Engineer, but her passion towards writing made her to be in this field. Apart from content writing, she loves reading, writing and surfing on various topics. In her free time, she likes to watch TV series and news. Sherlock Holmes is her all time favorite show. Jayshri loves cooking various Indian-western dishes.