Synchronoss Technologies Inc (NASDAQ:SNCR) announced on Thursday a three-year contract extension with a leading US telecom provider.
The partnership leverages Synchronoss Personal Cloud to allow users to securely back up, manage, and share digital content across multiple devices and the cloud.
Synchronoss CEO Jeff Miller highlighted the significance of the partnership and the company’s focus on innovation.
“We’re proud of our long-standing relationship with this key partner and the continued growth of our cloud user base,” Miller said in a statement.
“The latest version of the Synchronoss Personal Cloud platform integrates AI functionality, giving users new ways to enhance, create, and organize their digital content. Through AI, machine learning and other functionality, we continue to introduce new capabilities that allow service providers to deliver value to their subscribers and, create revenue-generating opportunities.”
Synchronoss Personal Cloud is widely adopted as a white-label solution by global service providers, offering customizable features that support a range of subscription tiers, from basic to premium. The platform’s private-label branding enables telecom operators to monetize cloud services by providing upgrade options for subscribers, reducing churn, and increasing average revenue per user (ARPU).