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Syncplicity Flourishes in 2015, Doubles its User Base

Company takes lead in hybrid EFSS market with adoption by large new enterprise customers in EMEA and other regions


News provided by

Syncplicity

Feb 02, 2016, 11:00 ET

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Syncplicity acquired by Skyview Capital.
Syncplicity acquired by Skyview Capital.

SANTA CLARA, Calif., Feb. 2, 2016 /PRNewswire/ -- Syncplicity, the leader of the hybrid enterprise file sync and share market, today announced that the company achieved accelerated growth in 2015. Syncplicity added several large enterprise accounts to its customer base, including the single largest enterprise file sync and share deployment in the world to date. These new accounts were a main driver of bookings growth and led to a 112 percent increase in users during the year. 

The company's new bookings in the second half of 2015 were over 100 percent greater than in the first half of the year and continue to accelerate in 2016. Syncplicity ignited this strong performance by building on existing strategic partnerships, establishing new partnerships, expanding internationally and adding value for customers through new capabilities and user engagement strategies.

"Syncplicity has rapidly become the preferred choice of the enterprise due to its superior security, best-in-class user experience and substantial IT cost savings," said Jonathan Huberman, CEO of Syncplicity. "For enterprises today, a hybrid storage file sync and share approach is the most sensible and thoughtful way to marry the flexibility of file sharing with security compliance needs. By investing significantly in product development and solution delivery, we saw substantial adoption in target geographies like EMEA by organizations that seek this critical EFSS balance."

"One of the most important areas of innovation for the EFSS market in 2016 will be how solutions fit into existing infrastructure, workflows and processes within companies," said ESG Senior Analyst Terri McClure. "Customers should not be expected to rip and replace existing technologies, instead EFSS solutions should easily integrate with existing infrastructure, including security products for enterprise mobility management (EMM), data loss prevention, and information rights management (IRM). Syncplicity's integrations with the largest EMM players in the market, along with their native IRM capabilities and strong security and manageability features position it well to win large enterprise customers and continue to gain market share this year."

News Highlights: Continued Focus on Product Innovation and New Capabilities

  • Market Leadership: Syncplicity has been recognized as a Leader in Gartner's Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS) and has been positioned furthest along in "completeness of vision" for two years in a row.
  • Mobile Data Protection: In October, Syncplicity announced partnerships with two key players in enterprise mobility management– AirWatch and MobileIron – to provide unmatched mobile data protection. The company also joined ACE (App Configuration for Enterprise), an EMM neutral community, to simplify mobile configuration and security.
  • Increased Security and Manageability: In April, the company announced they would give their customers the option to manage their own encryption keys, bringing a higher level of security for organizations operating under strict data residency and compliance standards.

ABOUT SYNCPLICITY
Syncplicity is a leading enterprise file sharing and mobile collaboration solution that provides users with the experience and tools they desire and gives IT the security and control it needs while significantly reducing IT cost. Some of its customers include Texas A&M University, the Associated Press and the Boston Red Sox. In July 2015, global private investment firm Skyview Capital acquired a majority stake in the company from storage giant EMC.

Logo- http://photos.prnewswire.com/prnh/20150728/248193LOGO

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