Symphony Services Announces Record Business Performance; Poised for Continued Growth in 2012
Summary
Along with expansion into new markets and record financial achievements, Symphony Services reached additional milestones in 2011, including: · Named the #1 R&D services provider in the software and ISV vertical by Zinnov Management Consulting in its annual ranking of global R&D service providers · Launched new practices in enterprise mobility and SaaS, including the industry’s first integrated enterprise mobility solution architected specifically to help software makers conceptualize, productize and commercialize rich, cross-platform mobile application experiences · Established broad set of SaaS and cloud-based relationships, including collaboration with Corent Technology to help customers migrate applications to cloud-based SaaS solutions; with Electric Cloud in the creation of cloud development solutions ; and with TechCello to deliver multi-tenancy frameworks for .NET-based SaaS migrations · Surpassed 4,000 global employees with the addition of experts in key technology growth areas · Created new company, SUMMUS Software, Inc., which was spun off from Symphony’s popular IT service management offering, Summit · Positioned prominently in leading market research reports, including Gartner, Inc.’s Magic Quadrant for Telecom Expense Management (TEM) leadership · Recognized by the industry, including Presidents Award and Platinum Award for Innovation by STG Innovation Counsel; and by TMC, a global media company, in its annual Internet Telephony TEM Excellence Awards "The convergence of software with cloud and mobility has dramatically shifted the development challenges our clients face when trying to build and commercialize new software and software-enabled products,” said Sanjay Dhawan, CEO, Symphony Services.Our solutions address traditional and new software product engineering challenges created by faster release cadences, the need for mobile cross-platform user experiences and the shift to a cloud delivery model.Symphonys unique Outcome Certainty engagement model enables our clients to accelerate their product experiences while tackling a wide range of new development complexity and cost challenges with guaranteed results.This expansion deepens Symphony Services’ reach into key vertical markets, including banking, food & beverage, financial services, energy and IT.Along with expansion into new markets and record financial achievements, Symphony Services reached additional milestones in 2011, including:· Named the #1 R&D services provider in the software and ISV vertical by Zinnov Management Consulting in its annual ranking of global R&D service providers· Launched new practices in enterprise mobility and SaaS, including the industry’s first integrated enterprise mobility solution architected specifically to help software makers conceptualize, productize and commercialize rich, cross-platform mobile application experiences· Established broad set of SaaS and cloud-based relationships, including collaboration with Corent Technology to help customers migrate applications to cloud-based SaaS solutions; with Electric Cloud in the creation of cloud development solutions ; and with TechCello to deliver multi-tenancy frameworks for .NET-based SaaS migrations· Surpassed 4,000 global employees with the addition of experts in key technology growth areas· Created new company, SUMMUS Software, Inc., which was spun off from Symphony’s popular IT service management offering, Summit· Positioned prominently in leading market research reports, including Gartner, Inc.’s Magic Quadrant for Telecom Expense Management (TEM) leadership· Recognized by the industry, including Presidents Award and Platinum Award for Innovation by STG Innovation Counsel; and by TMC, a global media company, in its annual Internet Telephony TEM Excellence Awards"The convergence of software with cloud and mobility has dramatically shifted the development challenges our clients face when trying to build and commercialize new software and software-enabled products,” said Sanjay Dhawan, CEO, Symphony Services.Symphonys unique Outcome Certainty engagement model enables our clients to accelerate their product experiences while tackling a wide range of new development complexity and cost challenges with guaranteed results.