PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Synygy, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Synygy Reports Sustained Strong Growth - Synygy, announced its quarterly results for the period ending June 30, 2012, reporting sustained strong growth in both its software and services businesses - Synygy.com
Synygy Reports Sustained Strong Growth

 

NewswireToday - /newswire/ - Chester, PA, United States, 2012/08/06 - Synygy, announced its quarterly results for the period ending June 30, 2012, reporting sustained strong growth in both its software and services businesses - Synygy.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Synygy, the largest and most experienced provider of sales compensation management (SCM) and other sales performance management (SPM) solutions, today announced its quarterly results for the period ending June 30, 2012, reporting sustained strong growth in both its software and services businesses.

Synygy’s continued success is reflected in key measures of performance:

• 20% growth in total revenue for the second quarter versus the same quarter last year, enabled by software services subscriptions and achieved without any up-front software license revenue;
• sustained year-over-year growth in implementation services revenue of 51% for the most recent twelve months versus the preceding twelve months;
• accelerating growth of managed configuration services subscriptions of 184% year-to-date versus the same period in the prior year.

“The primary drivers of growth continue to be our broad set of integrated SPM applications, our focus on sales compensation management as the core of SPM, and our professional services group, which is the largest in the SPM industry,” said Mark A. Stiffler, Synygy president & CEO. “These factors allow our clients to get ‘above the cloud’ with a complete solution that includes software products, implementation services, and optional post-implementation services, all from a single partner.”

Other key accomplishments experienced during the second quarter included:

• the signing of two new seven-figure contracts in the financial and insurance sectors, beating out competitors known for their strength in these industries;
• designation as a ‘hot vendor’ in Ventana Research’s 2012 SPM Value Index;
• expansion of our global software footprint with completed implementations in Canada, Europe, and Latin America;
• growth of our software development staff to a record level of nearly 160 people, the largest such group focused on developing SCM and related SPM applications.

“In the second quarter, we had many large implementations go live, and looking forward, we see continued strength in the business as in-process implementations go live,” added Stiffler. “In addition, our future growth will be especially driven by the release of the new Optymyze™ technology platform and the rapid rollout of a growing set of Optymyze applications, which are all designed for mobile devices with an identical and radically simplified touch user interface.”
For more information on Synygy’s sales performance management business platform, visit synygy.com/.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Synygy, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Synygy Reports Sustained Strong Growth

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - Synygy.com 
sales[.]synygy.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Synygy, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Synygy, Inc. / Company Profile


Read Software Most Recent Related Newswires:

NAKIVO Announces Integration with Active Directory, More Features in the Upcoming v7
IBM Security Plans to Acquire Agile 3 Solutions to Help the C-Suite Manage Data Risk
NAKIVO Reports 2016 Results - Nearly 2X Revenue and Customer Growth Worldwide
RETN Deploys Infinera Cloud Xpress for Regional Network in Western Europe
Ukraine International Airlines Completes Implementation of PROS Revenue Management Solutions as Strategic Enablers for Global Growth Plans
Western Cape Department of Transport & Public Works Improves Effectiveness of Critical Service Delivery with OpenText
Herc Rentals Selects Infor CloudSuite for Equipment Rental, HCM Systems
Oracle Buys Apiary
Xactly Introduces Commission Expense Forecasting Solution for Finance
LogiNext, a Jack Ma Funded Company Enters Indonesia's Booming Logistics Market
Noble Composer v11 Upgrades Agent Efficiency
RNSS Celebrates 20 Years As A SYSPRO Partner
NAKIVO Announces Support for vSphere 6.5 and Adds Skip Swap File in the Upcoming v7
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence
Metatron, Inc. Announces Strategic Move into the Areas of Mobile Encryption, and Virtual Reality for its Mobile Development Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)