SOURCE: Symphony Services

Symphony Services

April 14, 2010 09:01 ET

Symphony Services Consolidates Symphony Metreo's Business Operations

Improves Ability to Execute Client Engagements on a Broad Scale and Enables Rapid Growth

PALO ALTO, CA and BANGALORE, INDIA--(Marketwire - April 14, 2010) -  Symphony Service Corp., the leader in global software product engineering services, today announced it has consolidated the operations of Symphony Metreo, bringing Metreo's line of Analytic Solutions to Symphony Services. Aimed at increasing the ability to serve clients and more readily execute large engagements, this move is an important and natural step in implementing Symphony Services' solutions and service-based strategy.

"When we considered how our business had changed from a strict enterprise software model to one focused on delivering value through a combination of enterprise solutions coupled with technology-enabled services and also the scale of the engagements with our clients, joining forces with our sister company, Symphony Services, was clearly the right next step for us," said Tal G. Ball, CEO of Symphony Metreo. "Due to our long, successful partnership, Symphony Services was already supplying two thirds of the people on our team. Now with more integrated operations, we are able to move faster and on a broader scale to help our clients achieve superior results from better, fact-based decisions."

"Analytic Solutions is a key component of the Symphony Services' growth strategy, and we are delighted to welcome the clients and team from Symphony Metreo," said Dr. Pallab Chatterjee, Chairman and CEO of Symphony Services. "As companies seek insights and opportunities to improve their results by taking an increasingly comprehensive look at their business, we aim to provide them and their software vendors with a full range of solutions to help them achieve their objectives. Analytic Solutions furthers our vision of outcome certainty by enabling smarter, faster decisions."

The initial Analytic Solutions offerings will ensure continuity and protect the investments of existing Symphony Metreo clients and provide capabilities for delivering additional value. Offering areas include operations management processes and solutions development primarily focused on software providers, infomediaries and high tech and industrial manufacturers.

About Symphony Services
Symphony Service Corp. is the only global specialist providing software product engineering outsourcing services necessary for Engineering Outcome Certainty™. ISV's, software-enabled businesses, and companies whose products contain embedded software partner with Symphony Services to achieve their business goals, from improving product line revenue to raising client satisfaction, increasing product innovations and reducing time-to-market. The company helps clients drive unparalleled innovation while bringing predictability to costs, schedules and quality of the outsourced engineering process. Symphony Services' capabilities across the full Product Development Lifecycle maximize the ROI for client engineering organizations while delivering market-leading products in Telecom, Healthcare, Energy, Automotive, Consumer Electronics, Financial Services and Internet Commerce. 

The company's risk-reward partnership models and focus on transparent, metrics-driven value delivery ensures complete alignment with clients' business and R&D objectives. Utilizing an approach centering on a repeatable, industrialized process that drives productivity across all client engagements while ensuring business outcomes, Symphony Services is helping its clients deliver over 1,200 software releases annually. Leveraging the product DNA and superior intellect of its people, the company's approach leads to superior engineering on-time, on-budget, and with Outcome Certainty Symphony Services is headquartered in Palo Alto, Calif., with facilities in North America, India, Europe and China. For more information, please visit www.symphonysv.com.

Copyright © 2010 Symphony Service Corp. All Rights Reserved. All brand names, product names and trademarks referred to herein are property of their respective owners.

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