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Symphony Technology Group and IBS Bookmaster. Pallab Chatterjee, IBS Executive Chairman. Who Is Symphony Technology Group?. Symphony Technology Group Acquired IBS in June A Resource-Rich Company with a Track-Record of Success Portfolio of 15 Companies with $2B of Revenue
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Symphony Technology Group and IBS Bookmaster Pallab Chatterjee, IBS Executive Chairman
Who Is Symphony Technology Group? • Symphony Technology Group Acquired IBS in June • A Resource-Rich Company with a Track-Record of Success • Portfolio of 15 Companies with $2B of Revenue • Currently Raising $1 Billion Fourth Fund • Blue-Chip Investors • Why is it Different this Time? • Focus on Up-leveling Customer and Business Needs • Active Engagement with Customers, Operations and Employees • Long-term Commitment to Turn-around • Deploying Global Resources • 5-7 Year Investment to Maximize Return with a Growth Emphasis • Manage every Company Differently for Success, Versus Managing a Portfolio of Assets • Goals are Sustained 15-20% Revenue Growth and 15-20% EBITDA
Symphony Brings Global Resources for Rapid Product Delivery Now Available to IBS
Symphony’s Approach • Deliver Exceptional Returns by Building Great Software and Services Companies Through Business Transformation • Maximize STG Partnership Value by Building 10-15 Great Software and Services Companies Over the Next 5-10 Years • Each Company is a Market Leader Characterized by Best-in-Class Business Operations • IBS Enterprise is STG only Enterprise focused software product • Integrate other STG best of breed software assets into IBS Enterprise • Customer Business Results
The Next Generation is Now Jun 30, 2011 Jul 2011 Aug 2011 Sep 2011 Oct 2011 Jan 2012 Mar 2012 Symphony Services partnership for products, G&A and offshore upgrade factory Global marketing firm retained Customer-focused regional organisation STG Acquires IBS Bookmaster Customer Summit and Release 8 product launch First Mobile app for Enterprise released RPM BI & SOP solutions ready for Q1 release Mobility demo available New CMO Officer hired – Melanie Ofenloch Medius AP Workflow roll out Mobility demo available New CMO hired – Melanie Ofenloch Medius AP Workflow roll out Customer Event Mobility, Cloud & S&OP launches Customer Care Program Launch STG’s global resources deployed
Symphony’s IBS Transformation Focus: Growth 3 Major Growth Initiatives Key Priorities
We’ve Heard Your Feedback Most important attributes of customers choosing an enterprise software provider include: • Software that can meet business needs • Company viability • Good product support • Clear product roadmaps • Customer focused organization Product Business Units Symphony Investment Recent third-party survey of Bookmastercustomers
Today’s Publishing Challenges • The growing online sales vertical • Bringing Digital and printed media together • Operating in a web based digital publishing world • Increased complexity of Royalties and Subsidiary Rights • Increasing physical distribution costs per unit
Introducing Bookmaster Release 8 The Product for A New Publishing World Addresses the Publishing Challenges
Industry Leadership Program • A direct way for customers to influence Product Roadmap • Faster Time-to-Market • Shared Development Costs • Rapid Response to Market Demands • Aim to deploy Standard Solutions for Council Members • Commitment to delivering Customer Value • ILP is designed for Industry Leaders in verticals with a global footprint • 2-3 Year Global Roadmaps will be established and agreed upon for each council member • Council Members will work closely with the core product development team to drive the vertical development and deployment
Our Promise to You • Release 8 is based on your priorities from the last customer summit • By the next customer summit, we will have achieved the following: • Attained financial stability • Become a customer-centric organization • Solicited your input and rolled priority projects into our next version of software