Syncron AB Strengths, Domain Expertise, and Key Differentiators
Syncron propels manufacturers and distributors to seize opportunities in the evolving service economy. Their advanced AI and ML-driven Service Lifecycle Management solution optimizes aftermarket business profitability, enhances working capital efficiency, fosters customer loyalty, and facilitates a successful transition to future service-centric business models. Syncron's comprehensive offerings, delivered through the Connected Service Experience (CSX) platform, include solutions for service parts inventory, pricing, equipment uptime, warranty, service contracts, and field service management. These innovative solutions ensure exceptional aftermarket service experiences, driving substantial revenue and profit improvements for manufacturers and distributors.
Syncron AB Recent Developments
In April 2022, Syncron launched Syncron Contract Price, the world’s first purpose-built solution for pricing aftermarket service contracts and mitigating financial risk associated with service variability. Going beyond traditional contract management solutions, Syncron Contract Price offers insights into the risk levels and probability of profit associated with contracts. This capability empowers manufacturers to strategically price intricate service contracts, resulting in increased profitability, enhanced competitive positioning, and improved customer satisfaction.
In September 2020, Syncron has released significant enhancements to the Syncron Service Cloud including Syncron Inventory 20.1 and Price 20.2, the company’s newest releases. These solutions help Original Equipment Manufacturers (OEMs) improve financial performance and liquidity, minimize service parts supply chain disruption and retain existing customers.
Syncron AB Mergers and Acquisitions (M&A) Activities
In 2021, the Tampa-based Mize merged with the Sweden-based Syncron. The combined company will operate under the Syncron brand name and some Mize product brands, however, will continue to be used. The combined company is the world’s largest privately-owned global leader offering complete Service Lifecycle Management solutions for manufacturers, distributors, and services ecosystem.
Syncron AB Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Syncron AB applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Syncron AB and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified SYNCRON PRICE, Syncron Inventory, Syncron Order, Syncron Uptime, Syncron MasterData, customers.
Syncron AB Overview
Östra Järnvägsgatan 27
Stockholm, x, SE-111 20, Sweden
46 8 410 802 00
https://www.syncron.com/
Ownership: - x
Number of Employees: 700
Functional Markets: CRM, ERP Services and Operations, SCM,
Key Verticals: Aerospace and Defense, Automotive, Construction, Real Estate, Consumer Packaged Goods, Distribution, Public Safety, Healthcare, Life Insurance, Life Sciences, Manufacturing, Media, Professional Services, Retail, Transportation, Utilities,
Syncron AB Key Enterprise and Cloud Applications
SYNCRON PRICE, Syncron Inventory, Syncron Order, Syncron Uptime, Syncron MasterData,
Syncron AB Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Syncron AB Revenue Breakdown By Type, $M:
Syncron AB Enterprise Applications Revenues By Functional Markets, $M:
Syncron AB Enterprise Applications Revenues By Verticals, $M:
Syncron AB Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Syncron AB Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Syncron AB Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Syncron AB Customers
No. of Syncron AB Customers: 20000
No. of Syncron AB Enterprise Applications Customers: 20000
No. of Syncron AB Cloud Customers: x
No. of Syncron AB Cloud Subscribers: x
Syncron operates through a global network of 12 offices, serving a diverse clientele of 20,000 customers. Among these customers are prominent entities such as CLAAS, JCB, Mitsubishi Motors, DMG Mori, Roland DG, AGCO, and numerous others.
Syncron AB Market Opportunities, M&A and Geo Expansions
In December 2023, Syncron appointed a Chief Product and Technology Officer to drive innovation and growth, reinforcing its commitment to technological leadership in aftermarket sales and service. The new officer is expected to guide Syncron towards substantial growth, consolidating its position as a leader in aftermarket service management solutions.
In March 2021, Syncron, a global provider of cloud-based aftermarket service solutions, partnered with The Percall Group to sell its solutions in France and Poland, fostering business acceleration and digital transformation in these markets. This collaboration signifies continued growth for Syncron in the French and Polish regions.
Syncron AB Risks and Challenges
While Syncron now provides its solutions in a cloud-based format, a substantial portion of its customer base continues to utilize on-premises solutions.
Syncron AB Ecosystem, Partners, Resellers and SI
Syncron's global headquarters are located in Stockholm, Sweden, with major subsidiary office around the world located in the United States, Britain, Japan, India, and Poland. The company also has a network of partner companies in other markets such as China, France and Italy.
Syncron AB Cloud Infrastructure Insights
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- Syncron AB Public Cloud and Infrastructure (IaaS)
- Syncron AB Platform (PaaS)
- Syncron AB Application Delivery
- Syncron AB Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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