MOUNTAIN VIEW, Calif.,
April 29, 2021 /PRNewswire/ --
Synopsys, Inc. (Nasdaq: SNPS) today announced it is
expanding the Software Integrity Group's partner program under the
leadership of Tom Herrmann, the
newly appointed vice president of channels and alliances. The
program is chartered with expanding customer access points to the
company's industry-leading application security products and
services by expanding its global channel partner network and
streamlining its existing partner program to better serve the
channel. Herrmann, who has built and led partner programs at
Tanium, VMware, and Oracle, joined Synopsys in February.
"We're excited to accelerate the expansion of our partner
program with a seasoned veteran like Tom
Herrmann leading the effort," said Jason Schmitt, general manager of the Synopsys
Software Integrity Group. "With the right commitment and
leadership, a well-tuned channel partner program will be
instrumental in scaling our business. While our business unit has
traditionally focused more on direct sales – especially in
North America and Europe – we have had a lot of early success in
building meaningful partner relationships and customer wins across
all regions. We've reached a point where more aggressive channel
investment and strategy provide a faster path to our growth
goals."
The Synopsys partner network currently consists of key systems
integrators, consulting firms, solution providers, cloud providers,
and technology partners.
The Synopsys Software Integrity Group is on pace to double
partner revenue in 2021 while expanding the network of high-value
partnerships and restructuring back-end operations and programs to
facilitate further growth in 2022. The investment in new leadership
and the decision to prioritize partner programs has been
well-received.
"Our partnership with Synopsys and access to their broad
portfolio of industry-leading application security solutions
presents tremendous opportunity in a high-demand market," said
Tom Holt, vice president of sales
for InterVision Systems Technologies. "The level of collaboration
and support we get from Synopsys makes it easy for us to create
value and solve problems for our customers."
"Partners are a key part of a successful sales strategy in our
industry," said Tom Herrmann, vice
president of Channels and Alliances for the Synopsys Software
Integrity Group, "and we look forward to expanding our partner
relationships going forward to scale our business to the next
level. Our expanded partner program will be focused on ease of
doing business, predictability and profitability for our
partners."
To become a partner or learn more, visit the Synopsys Software
Integrity Group's channel partner webpage.
About the Synopsys Software Integrity Group
Synopsys Software Integrity Group helps development teams build
secure, high-quality software, minimizing risks while maximizing
speed and productivity. Synopsys, a recognized leader in
application security, provides static analysis, software
composition analysis, and dynamic analysis solutions that enable
teams to quickly find and fix vulnerabilities and defects in
proprietary code, open source components, and application behavior.
With a combination of industry-leading tools, services, and
expertise, only Synopsys helps organizations optimize security and
quality in DevSecOps and throughout the software development life
cycle. Learn more at www.synopsys.com/software.
About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™
partner for innovative companies developing the electronic products
and software applications we rely on every day. As an S&P 500
company, Synopsys has a long history of being a global leader in
electronic design automation (EDA) and semiconductor IP and offers
the industry's broadest portfolio of application security testing
tools and services. Whether you're a system-on-chip (SoC) designer
creating advanced semiconductors, or a software developer writing
more secure, high-quality code, Synopsys has the solutions needed
to deliver innovative products. Learn more at www.synopsys.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements,
including statements related to expanding the Software Integrity
Group's partner program and the expected resulting impact on
revenue and growth. Forward-looking statements are subject to
both known and unknown risks and uncertainties that may cause
actual results to differ materially from those expressed or
implied. These risks and uncertainties include, but are not limited
to: the effect of the covid-19 pandemic on business operations;
actions by the United States or foreign governments, such
as the imposition of additional tariffs or export restrictions,
which could interfere with business operations or the ability to
provide products and services in certain countries; our ability to
find suitable partners; and other risks and uncertainties
identified in the risk factors section of Synopsys' most recently
filed Quarterly Report on Form 10-Q. Synopsys assumes no obligation
to update any forward-looking statement contained in this press
release.
Editorial Contact:
Mark Van
Elderen
Synopsys, Inc.
650-793-7450
mark.vanelderen@synopsys.com
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SOURCE Synopsys, Inc.