Sakon Delivers Record First Half 2018 Results as Fortune 1000 Companies Seek Better TEM, MMS, and SaaS Management

CONCORD, Mass., July 30, 2018 (GLOBE NEWSWIRE) -- Sakon, the leading platform and services provider for managing enterprise communications ecosystems, today announced it achieved record first half 2018 results as it offered large enterprise clients best-in-class TEM solutions; a proven, comprehensive solution for managed mobility; and a breakthrough approach to SaaS optimization and operations management – all through a single, user-friendly platform.

"The first half of 2018 has been quite a coming out party for Sakon," said Andy Goorno, CEO of Sakon. "After more than a decade of being the trusted platform and services solution ‘inside' the offerings of global systems integrators and managed mobility services (MMS) providers, we've quickly become the platform of choice for direct consumption by Fortune 1000 companies for technology expense management (TEM) and MMS. At the same time, we've extended our integration with long-term valued partners, including IBM with whom we are a Global Alliance Partner, enabling their success in transforming their customers' networks."

Sakon's key accomplishments in the first half of 2018 include:

1. Twenty new TEM and MMS wins, many with Fortune 1000 companies, capped off by a major new TEM engagement with a Fortune 50 technology leader and a new MMS partnership with one of the world's largest communications technology companies.
2. The successful launch of the Sakon brand and platform, establishing the company as a leading technology and services provider in the evolving technology expense management space, including TEM, MMS, and SaaS Management.
3. Winning top industry awards and gaining coverage in top industry-analyst reports, including the Gartner Market Guide for Telecom Expense Management Services, 2018; the Outstanding Case Study at AOTMP's Annual Summit; a Market Milestone Report from Amalgam Insights; and an AOTMP white paper on Sakon's Platform and Services.
4. Preparation for the second-half 2018 release of breakthrough solutions that extend Sakon with capabilities to manage and optimize SaaS, mobile device as a service (MDaaS), and BYOD.

"Sakon's ascendancy as a top player in the rapidly evolving TEM market may strike some as meteoric, but we've watched the company for many years now and are not surprised by its success," said Tim Lybrook, CEO of AOTMP. "Sakon is succeeding in the market, because it combines great technology and understanding of client needs with the steady hand of an experienced services team to reliably deliver on its promises to customers."

Concluded Goorno: "What's equally exciting as the new customer wins and customer satisfaction we're delivering at Sakon is our acceleration of new product development that supports customers through what we see as the next big wave of changes in end-user services.

"The second half of 2018 will feature the launch of a series of new applications, including our first in Cloud Management, which will help Sakon customers manage and optimize their rapidly growing estate of SaaS applications. We'll also be launching applications that extend Sakon's mobile capabilities with integrated solutions for MDaaS and BYOD – all designed to enable enterprises to transition away from the legacy world of device ownership while still maintaining tight operations and cost control."

About Sakon
Sakon, formerly GSG, is a telecom and network technology leader that has helped global enterprises organize, understand, and intelligently manage their communications ecosystems since 2003. With headquarters in Concord, Massachusetts and a Global Delivery Center in Pune, India, the Sakon team numbers more than 400 employees worldwide. Sakon serves over 175 enterprise customers, and its technology is used by the world's top systems integrators and outsourced services providers. For more information, see Sakon.com.

Contacts:

Business inquiries:
Phil Caruso
philip.caruso@sakon.com
(978) 341-8361

Media inquiries:
Dan Mees, Holland-Mark for Sakon
dmees@holland-mark.com
(617) 201-9131