Enhanced hosting partnership required to support expected explosive growth of carrier-grade Personal Cloud services
BRIDGEWATER, N.J.–(BUSINESS WIRE)–Nov. 2, 2015– Synchronoss Technologies, Inc. (NASDAQ:SNCR), the leading innovator of cloud solutions and software-based activation for mobile carriers, enterprises, retailers and OEMs worldwide, today announced that based upon success and traction of the Synchronoss Personal Cloud and additional new service providers slated to come online in 2016, it has extended its secure cloud hosting agreement with Vodafone. The deal will provide Synchronoss with additional capabilities to leverage the Vodafone relationship to support the rapid international growth in consumer demand for carrier-grade Personal Cloud services.
Synchronoss’ partnership with Vodafone has been in place for a few years. The global operator will continue to provide cloud hosting services to Synchronoss across Europe, the Middle East, and the Asia Pacific region, maintaining its global footprint and adding scale to its global Personal Cloud solutions portfolio. The subscriber base of Synchronoss’ operator customers provide it with access to 75% of the potential Personal Cloud market around the world and the company is capitalizing on this opportunity as it continues to add hundreds of thousands of Personal Cloud subscribers on a weekly basis. This demand is generating more than a petabyte of data every week as consumers regard cloud capabilities as an essential enabler of their digital lives.