Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Synygy Reports Growth in Both Its Software and Services Businesses

Synygy, the largest and most experienced provider of incentive compensation management (ICM) and other sales performance management (SPM) solutions, today reported growth in both its software and services business units and continued profitability for the third quarter ending September 30, 2012.

Success during the quarter was driven by growth in overall subscription revenue and an increase of 108% in new client implementation services revenue versus the prior year. To manage a robust sales pipeline and to increase sales capacity for its new Optymyze™ software platform, the company expanded its sales force by 11 to a total of 65 salespeople.

Highlights of quarterly new client sales wins included a particularly large increase in divisions of existing clients and major new pieces of business with four very large companies with thousands of salespeople:

  • a commercial bank in the Middle East
  • a distributor of water management equipment
  • a developer and manufacturer of medical devices
  • a manufacturer and distributor of hydraulic parts and systems

Synygy’s software business unit—the largest software vendor in the ICM market—develops and delivers a range of ICM and related SPM cloud services. Although some software revenue was from up-front license fees in the third quarter, the software group increased recurring revenue by 20%. Highlights of software group activity in the third quarter include:

  • launches of multiple applications on the new Optymyze™ technology platform, including the core compensation plan management application, which is designed for tablets and other touch-enabled devices, but also works on laptops and PCs
  • increases in the software business unit headcount to 199, of which 168 are in software development and 31 are in software support services, which includes data center operations
  • relocation of the software development center in Iasi, Romania to the Palas Iasi, with sufficient space to hire an additional 60 developers

“Having successfully delivered all of the components of Optymyze necessary for delivery of the new platform to all new clients, I am very pleased with our software group,” said Mark A. Stiffler, Synygy president & CEO. “With the ability to deploy our highly-mobile cloud services anywhere in the world, including from our own data centers in a multi-tenant environment or on dedicated hardware in any data center, our software business is positioned for continued success.”

Synygy’s professional services business unit—the largest services business in the ICM market—provides a range of implementation services and post-implementation support and outsourcing services. It also saw excellent results for the third quarter with subscription increases, new clients, and organic growth within existing clients. Synygy’s services group highlights for the quarter include:

  • managed configuration services subscriptions growth of 178% versus the prior year
  • increased productivity of the professional services staff by over 10% while maintaining headcount of the services business unit at over 200 people
  • seven implementations completed for some of world’s largest companies across multiple industries, including medical devices, pharmaceuticals, distribution, banking, and manufacturing

“The new Optymyze compensation plan management product is easily implemented with no formal training by our clients, by third parties of our clients’ choosing, and by our global and regional partners,” added Stiffler. “However, clients continue to see value in the wide range of SPM capabilities that our services group offers, which provide value well beyond just ICM, and we continue to make investments in our services group, with expansion expected in the fourth quarter.”

For more information on Synygy’s sales performance management business platform, visit www.synygy.com or e-mail sales@synygy.com.

About Synygy

Synygy provides a comprehensive sales performance management (SPM) business platform that helps companies get "above the cloud" by delivering technology enablement, standards and best practices, and continuous improvement to effectively optimize incentive compensation management (ICM) and related SPM business processes. Based in Chester, Pennsylvania, with extensive operations in Europe and Asia, Synygy has 550 employees worldwide and has achieved more than 21 years of success. www.synygy.com

Synygy is a registered trademark and Optymyze is a trademark of Synygy, Inc.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
DevOps Summit at Cloud Expo 2014 Silicon Valley was a terrific event for us. The Qubell booth was crowded on all three days. We ran demos every 30 minutes with folks lining up to get a seat and usually standing around. It was great to meet and talk to over 500 people! My keynote was we...
The OpenNebula Project has just announced the Beta release of vOneCloud, a CentOS Linux virtual appliance for vSphere that contains all required OpenNebula services optimized to work on existing VMware vCenter deployments. vOneCloud is for companies that want to create a self-service c...
Code-named “Fox Fur”, the twenty-third release of OpenNebula is available today with complete support to build clouds on existing VMware environments. OpenNebula 4.10 seamlessly integrates vCenter virtualized infrastructures leveraging the advanced features such as vMotion, HA or DRS s...
Let’s say we developed an application and plan to move our app to production on Amazon Elastic Cloud (EC2). Our application, in the form of a webapp, was developed using eclipse and we have tested it on Tomcat running locally. Now, we may want to test our app on an EC2 environment befo...
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
This past week the Appcore team got the opportunity to attend one of the industry’s leading cloud events, Cloud Expo in Santa Clara, CA. We spent a lot of time interacting with attendees at the exhibit portion of the event. As a software company with a sole commitment to CloudStack, we...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE