SNCR Synchronoss Technologies Inc.

Artificial Intelligence Functionality a Boon for White-Label Personal Cloud Solutions

Artificial Intelligence Functionality a Boon for White-Label Personal Cloud Solutions

Telecom and Mobile Operators are Embracing AI-Powered Synchronoss Personal Cloud to Enable Subscribers to Create, Optimize, and Share Digital Content in New Ways

BRIDGEWATER, N.J., May 24, 2023 (GLOBE NEWSWIRE) -- (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the impact of artificial intelligence capabilities built-in to the company’s Synchronoss Personal Cloud platform.

From ChatGPT to autonomous vehicles, artificial intelligence (AI) is one of the most exciting technologies of the 21st century. According to the market value for AI is nearly $100 billion and is expected to grow twentyfold by 2030, up to nearly $2 trillion.

AI is increasingly being integrated into many technology stacks, providing new applications and services that significantly improve productivity and deliver more interactive experiences. The latest version of Synchronoss Personal Cloud integrates AI capabilities, enabling users to create new ways to manage, optimize, and share all types of digital content.

The offers built-in tools that leverage a range of generative AI models and effects to enhance photos. Capabilities include colorizing black and white photos as well as enhanced touch-up tools to optimize portraits and selfies. Other effects include pencil sketch, ocean, and starry night, which alter the look of the photo itself to create a new image. Synchronoss also utilizes deep learning to automatically categorize and tag content so users can organize, find, and share photos.

“We are seeing an explosion of artificial intelligence and machine learning capabilities across the technology sector,” said Bob Laliberte, Principal Analyst at TechTarget's Enterprise Strategy Group. “The combination of AI and personal cloud platforms give users new ways to interact and engage with digital content, while enabling telecom and mobile operators to deliver a better experience.”

“By continuing to expand the use of artificial intelligence in the newest version of Synchronoss Personal Cloud, users now have the capability to apply different effects to photos and enhance their digital content,” said Jeff Miller, President and CEO of Synchronoss. “As the new AI functionality is being rolled out among service providers in the United States and around the world, we anticipate a favorable reception and an increase in user engagement.”

Purpose-built for global service providers, Synchronoss Personal Cloud currently supports over 10 million subscribers worldwide and manages more than five million photos per day and 200-plus petabytes of storage.

AT&T, BT in the UK, and Verizon, as well as other global operators, offer white-label versions of the Synchronoss Personal Cloud platform. For the second year in a row, Synchronoss Personal Cloud was recognized as a 2023 ‘Product of the Year’ winner from TMC’s Cloud Computing Magazine.

For more information on Synchronoss Personal Cloud, visit: .

About Synchronoss

Synchronoss Technologies (Nasdaq: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. Learn more at .

Media Relations Contact:

Domenick Cilea

Springboard

Investor Relations Contact:

Matt Glover / Tom Colton

Gateway Group, Inc.



EN
24/05/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Synchronoss Technologies Inc.

 PRESS RELEASE

Synchronoss Technologies Announces the Successful Completion of Debt R...

Synchronoss Technologies Announces the Successful Completion of Debt Refinancing BRIDGEWATER, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, announced that it has entered into an agreement with TP Birch Grove to refinance its existing senior notes and term loan facilities with a new $200 million, four-year term loan, extending the maturity of its debt and further enhancing the Company’s financial flexibility. Proceeds from the Term Loan will be used to repay the remaining $73.6 mill...

 PRESS RELEASE

Synchronoss Technologies Announces First Quarter 2025 Earnings Call Da...

Synchronoss Technologies Announces First Quarter 2025 Earnings Call Date BRIDGEWATER, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, will hold a conference call on Tuesday, May 6, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a question-and-answer period. Date: Tuesday...

 PRESS RELEASE

Synchronoss Technologies Reports Fourth Quarter and Full Year 2024 Res...

Synchronoss Technologies Reports Fourth Quarter and Full Year 2024 Results Fourth Quarter Revenue Grew 6.8% Year-Over-Year to $44.2 Million, Including 91% Recurring Revenue GAAP Gross Margin Expands to 69.1%; Adjusted Gross Margin Rises to 79.3% Announced Three-Year Contract Extension with Major U.S. Telecom Provider in December Unveiled Capsyl, a Turn-Key Personal Cloud Solution for Global Operators, in March 2025 BRIDGEWATER, N.J., March 11, 2025 (GLOBE NEWSWIRE) -- (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today rep...

 PRESS RELEASE

Synchronoss stellt Capsyl Cloud auf dem MWC Barcelona vor – eine sofor...

Synchronoss stellt Capsyl Cloud auf dem MWC Barcelona vor – eine sofort einsatzbereite persönliche Cloud-Lösung für globale Betreiber Unterstützung von Mobilfunkanbietern und Dienstleisternbei der schnellen Einführung und Monetarisierung von Cloud-Diensten für Verbraucher BRIDGEWATER, New Jersey, March 04, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. („Synchronoss“) (NASDAQ: SNCR), ein weltweit führender Anbieter von Lösungen im Bereich der persönlichen Cloud, hat heute Capsyl Cloud™ vorgestellt, eine neue sofort einsatzbereite persönliche Cloud-Plattform, die für Mobilfunkbet...

 PRESS RELEASE

Synchronoss presenta Capsyl Cloud en MWC Barcelona: una solución de nu...

Synchronoss presenta Capsyl Cloud en MWC Barcelona: una solución de nube personal llave en mano para operadores globales Empoderando a los operadores móviles y proveedores de servicios paralanzar y monetizar rápidamente los servicios en la nube para el consumidor BRIDGEWATER, Nueva Jersey, March 03, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), un líder mundial en soluciones de nube personal, presentó hoy Capsyl Cloud™, una nueva plataforma de nube personal llave en mano (turn-key) diseñada para operadores móviles y proveedores de servicios de ba...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch