Synchronoss Technologies, Inc. (SNCR)

NetscribeECommer (76.22) Submitted: 3/12/07 7:39 AM : Start Price: $18.99 SNCR Score: -31.93

Synchronoss Technologies Inc is a provider of e-commerce transaction management solutions to the communications services providers (CSP). Its software platform enables CSP’s to take, manage and provide orders and other customer-oriented transactions and create complex service bundles. The ActivationNow software platform provides seamless integration between customer-facing CSP applications and back-office and infrastructure-related systems and processes. The company derived 86%, 12% and 2% of revenues from transaction services, professional and other service agreements, and subscription service agreements respectively for nine months of September 2006.


New access networks, along with multiple featured end devices and applications have emerged due to new communications technology. The accelerating subscriber growth and the increasing number of transactions between CSP and customers are the outcome of proliferation of services and technological advancement. The demand for the company’s transaction management solutions is currently, driven by growth in wireless services, the adoption of VoIP and the increasing importance of e-commerce. The entry of new class of wireless service providers Mobile Virtual Network Operators (MVNO) presents an excellent growth opportunity for companies like Synchronoss.


Very recently, the company has released a new software platform, ConvergenceNow that accelerates the order to cash process for complex service bundles including voice, video, wireless, high speed Internet access and content. ConvergenceNow addresses the recent network and architecture upgrades including IP Multimedia Subsystems (IMS) that CSP’s are using to deliver bundled solutions, and enables an environment with a single point of access to numerous agnostic communication and entertainment. Thus the shares of Synchronoss Technologies offer good opportunity for long-term investors.

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