Wayne, Pa. – April 1, 2014 – Sungard Availability Services (Sungard AS), a leading provider of information availability through managed IT, cloud and recovery services, has announced that it is now a standalone company, following its split-off from SunGard Data Systems Inc. The new company, with annual revenues of approximately $1.4 billion and operations in 11 countries, will remain headquartered in Wayne.
As a result of the split-off, Sungard AS now has its own Board of Directors and brand. “Now that we are an independent firm, we have the flexibility to evolve our culture, our industry relationships and our investments to maximize our business and best serve customers,” said CEO Andrew A. Stern.
“Today’s announcement is the next step towards creating a highly-focused IT services business that’s dedicated to providing world-class managed / availability services to our customer base,” Stern noted. “All of us here at Sungard AS are very excited about the prospects to accelerate our growth, and we look forward to continue partnering with our customers to deliver the business outcomes they need.”
Sungard AS today revealed its new brand identity, which includes a new logo. The company, which pioneered the concept of shared IT disaster recovery infrastructure more than 30 years ago, will continue to leverage its “always on, always available” brand positioning. Its new logo represents strength and dynamism. A forward-leaning angle in the logo conveys progression and growth, while a triangle in the logo represents stability and the support that the company will continue to provide its customers.
Sungard AS leverages its scale and global reach to address its approximately 7,000 customers’ cloud, managed hosting and recovery-services needs. “Our company will continue to focus investments in our newer service offerings, which include Enterprise Managed Services, Enterprise Cloud Services, Recovery as a Service and AssuranceCM, our next-generation business continuity management software offering,” Stern said.
For additional information on Sungard AS, please visit www.sungardas.com.
About Sungard Availability ServicesSungard Availability Services has more than 30 years of experience providing flexible availability services that help ensure organizations keep applications always on, always available. The company leverages its proven expertise to provide managed IT services, information availability consulting services, business continuity management software and disaster recovery to clients in North America and Europe. Sungard Availability Services helps customers improve the resiliency of their mission critical systems by designing, implementing and managing cost-effective solutions using people, process and technology to address enterprise IT availability needs.
To learn more, visit www.sungardas.com or call 1-484-582-2000. Connect with us on Twitter, LinkedIn and Facebook.
Trademark Information: Sungard Availability Services is a trademark of SunGard Data Systems or its affiliate, used under license. The Sungard Availability Services logo by itself is a trademark of Sungard Availability Services Capital, Inc. or its affiliate.