CHESTER, PA, January 26, 2011 (Press-News.org) Synygy Inc., the largest and most experienced provider of sales performance management (SPM) solutions, today announced contracts with two more FORTUNE 500 companies for its SPM software, one with a specialty retailer and the other with a technology manufacturer. Both deals closed in December and involve multi-year subscriptions that will result in the management of sales compensation and other sales performance processes for 15,000 salespeople.
"The last decade for Synygy started and ended with economic turbulence," said Mark A. Stiffler, Synygy's president and CEO, "but during that time, Synygy grew from 165 employees in the U.S. to a global workforce of 435, and achieved this milestone without using outside equity capital and while continuously remaining profitable."
Synygy's announcement caps a second decade of client and product growth and diversification for the twenty year-old company.
With its roots in the pharmaceutical industry, ten years ago the company serviced mainly life sciences companies. Since then, Synygy's roster of clients has expanded to include a broad range of industries, including telecom, insurance, manufacturing, business services, banking, and retail. Today, 85% of Synygy's clients are outside the life sciences.
The company had a client base one decade ago that mainly utilized Synygy's sales compensation management services, whereby companies outsourced this business operation to Synygy. Since then, Synygy developed a broad array of SPM software applications that include sales compensation management, sales goal management, sales process management, and sales communications management. Today, 70% of Synygy's clients use Synygy's software to manage their own business processes.
Ten years ago, Synygy was operating a small data center to service its clients and to provide the salespeople and managers in those accounts with access to their sales compensation and sales performance data, reports, and analyses. Since then, software-as-a-service and cloud computing have become the norm and Synygy has led its industry by owning and operating a state-of-the art Tier 3 data center for six years. Today, 80% of Synygy's clients use Synygy's software hosting services.
"To all of Synygy's clients, partners, and employees, prior and current," Stiffler continued, "you have my sincerest gratitude for contributing to a very exciting and successful twenty years."
For more information on Synygy's sales performance management software and services, visit http://www.synygy.com.
Synygy, Inc. provides solutions for the management of sales compensation plans. It solves strategic misalignment, limited modeling, misunderstood plans, errors in results, and lack of information problems.
Synygy Caps 20th Year with Two FORTUNE 500 Company Wins
Synygy celebrated its 20th anniversary and announced that it had signed two FORTUNE 500 companies to multiyear software and service engagements in the fourth quarter of 2010.
2011-01-26
ELSE PRESS RELEASES FROM THIS DATE:
San Diego Self Storage Contributes to Successful Holiday Toy Drive
2011-01-26
San Diego Self Storage sponsored its annual holiday toy drive benefiting Toys for Tots by collecting toys at each of their 19 locations throughout the greater San Diego region. The successful campaign collected a record 8,570 toys. The US Marine Corps Reserve Toys for Tots program provides underprivileged children with new toys at Christmas, with the purpose of delivering a message of hope and motivate them to grow into responsible, productive citizens and community leaders (www.toysfortots.org). Over 60,000 children benefitted from the toy distribution.
According to ...
Vertiglo to Collaborate with Internationally Acclaimed Couture Artist Logan Real
2011-01-26
Global Web development and brand management firm Vertiglo has teamed up with world-renowned couture artist Logan Real on select 2011 projects. Vertiglo's most prominent project includes the Miami, Fla.-based artist's plans to reintroduce his Seven Town Tour de France shoe collection.
The collection is inspired by seven towns along the Tour de France route, including Annecy, Barcelone, Limoges, Monaco, Paris, Verbiel and Vittel. The designs are created by Real, and are hand-painted on selected Lacoste shoes.
"We targeted the main towns and specifically custom-themed ...
SBS Worldwide wins BIFA Ocean Freight Award by encouraging customers to 'ship fewer containers'
2011-01-26
SBS Worldwide's project to have customers 'ship fewer containers' may not sound like good business strategy, but it is a winning formula for customers and SBS alike.
The privately-owned company was named winner of the Ocean Freight Award at the annual BIFA Freight Service Awards, announced in London yesterday. This is the second time in three months that SBS Worldwide has won a prestigious logistics industry award, as it was named Freight Forwarder of the Year at the IFW Awards last October.
"We actively help our customers to reduce the number of containers they ...
X-Rite Nearly Doubles the Locations This Spring For Its Fundamentals of Color and Appearance Seminars to Teach Principles of Color Measurement
2011-01-26
X-Rite, Incorporated (NASDAQ:XRIT) has nearly doubled the locations this spring where it will be offering its Fundamentals of Color and Appearance (FOCA) one-day seminar that instructs quality control and assurance professionals, lab technicians, parts suppliers, pre-media and digital pressroom personnel and manufacturing specifiers on how to evaluate and approve colors in their workflows.
Color experts at X-Rite Color Services will host the FOCA seminar series starting in March in Charlotte, N.C.; New York City; Las Vegas; San Francisco; Portland, Ore.; Baltimore; ...
New & Exclusive Publications from LDA at this year's Education Show
2011-01-26
At this year's Education Show, LDA will be launching a number of exclusive own-developed products:
1. 'How to... Understand andSupport children with Visual Needs'
Author: Olga Miller and Karl Wall
Price: GBP9.99
The newest addition to the popular LDA"How to..." series. A practical book illustrated with case studies to help you identify children with visual needs and support them intheir learning. Ideal for teachers, SENCOs and parents needing ideas and practical support. The main purposes of the book are to emphasize the need for educators and carers to consider ...
GTECH G2 Previews Major Casino Software Update at ICE Featuring New Plants vs. Zombies Slots Game
2011-01-26
This week at ICE in London, GTECH G2 is previewing a comprehensive update to its market-leading casino software featuring its new slots-based adaptation of PopCap Games' blockbuster game Plants vs. Zombies . Plant-eating zombies have been sighted at Earls Court and are expected at the company's VIP gala at Fire & ICE tonight.
Plants vs. Zombies Slots is GTECH G2's first new game to result from a recently signed licensing deal for various PopCap games. In the new slot game developed by GTECH G2, familiar plant characters like 'Peashooter' and 'Chomper' turn symbols on ...
Law Blogging Website Solicitorsblog.com reaches New Heights by Announcing its 100th Contributor in Less than 16 Weeks
2011-01-26
Solicitorsblog.com continues to reach new heights by announcing today that it has accepted its 100th contributor to the website in less than 16 weeks since launch.
The law blogging website which was only recently launched by Lord Digby Jones of Birmingham in London continues to grow at a staggering rate to now display one of the largest collections of law related blog posts and news articles on the World Wide Web.
"We are delighted with the response the legal community has given Solicitorsblog.com" said Frances Anderson, Managing Director of Netlaw Media and creator ...
Beta Analytic Sets up New Australia Office for Asia Pacific Clients
2011-01-26
ISO 17025-accredited radiocarbon dating lab Beta Analytic has opened a sample forwarding facility in North Sydney, Australia, for its clients in the Asia Pacific. This is the company's fifth sample forwarding facility outside Miami, Florida, where its headquarters is located. The company has recently opened facilities in other regions as part of an initiative to better serve its clients wherever in the world they may be.
"Starting February 1, all our archaeology and geology clients in Australia, New Zealand, and Southeast Asia can now enjoy a more convenient way to submit ...
What's the Greenest Section at Fairway Market ... Produce? Actually, Wine & Spirits!
2011-01-26
Fairway Market—"Like no other market"—raises the bar again. With one eye on 'fine' and the other on 'smart,' New York's purveyor of the finest in consumables provides greener pastures among shelves of spirits. Why?
Wine, like all organic products, has a life cycle. Wine's enemies include traditional fluorescent lighting. In their four-generation tradition of providing unique products at their peak of perfection, Fairway Markets sourced the best LED bulbs for their innovative project: enter, Green Lantern Industries.
The adjoining Wine and Spirits shop of the Pelham ...
O rings and Oil seals of Bentex Industries Promoted by Global Automotive Industry
2011-01-26
The business to business portal, Global Automotive Industry is now promoting O rings and Oil seals manufactured by Bentex Industries. The O rings and Oil seals are manufactured with high standards of quality. They are available in different sizes and designs made from various materials like nitrile, silicon and viton, which is a flouro elastomer. They are specially designed for applications in hydraulics as well as others. With features like high oil and temperature resistance and a low compression set, they have excellent physicals properties as well as acid resistance. ...
LAST 30 PRESS RELEASES:
Illegal shark product trade evident in Australia and New Zealand
New search tool brings 21% better accuracy for robotics developers
New model extracts sentence-level proof to verify events, boosting fact-checking accuracy for journalists, legal teams, and policymakers
Efficient carbon integration of CO₂ in propane aromatization over acidic zeolites
FPGA-accelerated AI for demultiplexing multimode fiber towards next-generation communications
Vitamin D3 nanoemulsion significantly improves core symptoms in children with autism: A clinical trial
Microfluidic point-of-care device accurately measures bilirubin in blood serum: A pilot study
Amygdalin shows strong binding and stabilizing effects on HER2 receptor: A computational study for breast cancer therapy
Bond behavior of FRP bars in concrete under reversed cyclic loading: an experimental study
Milky Way-like galaxy M83 consumes high-speed clouds
Study: What we learned from record-breaking 2021 heat wave and what we can expect in the future
Transforming treatment outcomes for people with OCD
Damage from smoke and respiratory viruses mitigated in mice via a common signaling pathway
New software tool could help better understand childhood cancer
Healthy lifestyle linked to lower diverticulitis risk, irrespective of genetic susceptibility
Women 65+ still at heightened risk of cervical cancer caused by HPV
‘Inflammatory’ diet during pregnancy may raise child’s diabetes type 1 risk
Effective therapies needed to halt rise in eco-anxiety, says psychology professor
Nature-friendly farming boosts biodiversity and yields but may require new subsidies
Against the odds: Endometriosis linked to four times higher pregnancy rates than other causes of infertility, new study reveals
Microplastics discovered in human reproductive fluids, new study reveals
Family ties and firm performance: How cousin marriage traditions shape informal businesses in Africa
Novel flu vaccine adjuvant improves protection against influenza viruses, study finds
Manipulation of light at the nanoscale helps advance biosensing
New mechanism discovered in ovarian cancer peritoneal metastasis: YWHAB restriction drives stemness and chemoresistance
New study links blood metabolites and immune cells to increased risk of urolithiasis
Pyruvate identified as a promising therapeutic agent for ulcerative colitis by targeting cytosolic phospholipase A2
New insights into the clinical impact of IKBKG mutations: Understanding the mechanisms behind rare immunodeficiency syndromes
Displays, imaging and sensing: New blue fluorophore breaks efficiency records in both solids and solutions
Sugar, the hidden thermostat in plants
[Press-News.org] Synygy Caps 20th Year with Two FORTUNE 500 Company WinsSynygy celebrated its 20th anniversary and announced that it had signed two FORTUNE 500 companies to multiyear software and service engagements in the fourth quarter of 2010.