Country for PR: United States
Contributor: PR Newswire New York
Friday, September 11 2020 - 05:37
AsiaNet
Spinnaker Support Reports First Half 2020 Highlights
DENVER, Sept. 11, 2020 /PRNewswire-AsiaNet/ --

-- Highlights include revenue growth, new service offerings, and employee 
growth and satisfaction

Spinnaker Support, the top-rated global provider of Oracle and SAP third-party 
support and managed services, and an emerging provider of Salesforce managed 
services, today announced first half highlights for the period ending June 30, 
2020. The company saw record growth in sales, revenue, new customers added, and 
customer retention. Notable achievements included the launch of new service 
offerings, significant progress regarding the IBM partnership, prestigious 
customer service awards, and important certifications.

Logo - https://mma.prnewswire.com/media/538443/Spinnaker_Support.jpg 

"I am extremely proud of our advancement in 2020, which occurred despite 
unprecedented global economic turbulence," said Matt Stava, CEO of Spinnaker 
Support. "The third-party Oracle and SAP support market appears to be entering 
the inflection point forecasted by leading industry analysts -- who currently 
project market growth will triple by 2023. Software publishers are pushing 
their customers to abandon highly functional on-premise applications for 
unready cloud replacements. Instead, many organizations are turning to the 
support alternative we deliver, to retain and optimize what they have for as 
long as desired."

"At the same time, we launched our SaaS service practice," continues Mr. Stava. 
"The immediate availability of packaged Salesforce managed services fills a 
notable market gap. New customer projects are already under way and we are 
building a robust pipeline of prospects. I am excited about the talent we are 
attracting to address the massive potential of the Salesforce CRM market."

First Half 2020 Company Highlights

    - Year-over-year revenue growth of 21.3%, and sales bookings growth of 
      28.7%. 
    - 31% of total year-to-date sales bookings came from customers 
      headquartered outside of the United States. 
    - Added new Fortune 500 customers globally including organizations 
      headquartered in the United States, Japan, and Scotland. 
    - Averaged <5-minute response time for customer issues spanning priority 
      1 to priority 4. 
    - According to the most recent customer satisfaction survey, more than 
      500 respondents rated our service at a 98.6% satisfaction level – 
      making Spinnaker Support the industry's highest-rated provider. 
    - Year-over-year employee growth of 19.3%, with emphasis on customer 
      service and international expansion. According to Glassdoor, 
      employees rate working at Spinnaker Support a 4.9 out of 5 stars.

Customers Quotes

"Spinnaker Support is 3-4 times better than SAP's support. We talk to a real 
person and have a real resolution. It's like you found the switch to the light 
in a dark room." Craig McBroom, Business Analyst, BancTec ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=301475917&u=https%3A%2F%2Fspinnakersupport.com%2Fclient-success-stories%2Fbanctec-case-study&a=Craig+McBroom%2C+Business+Analyst%2C+BancTec 
)

"We have seen significant cost savings coupled with the reassurance that the 
quality of support has also improved. We are immensely delighted with the 
commercial flexibility of Spinnaker Support and their alignment with our six 
core values." Laura Donald, IT Procurement, Edinburgh Airport ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=428969636&u=https%3A%2F%2Fspinnakersupport.com%2Fclient-success-stories%2Foracle-database-success-story-edinburgh-airport&a=Laura+Donald%2C+IT+Procurement%2C+Edinburgh+Airport 
)

"Spinnaker Support is a partner that is verified and trusted from various 
angles like Spinnaker Support is important. We are receiving professional 
support services, cutting costs, and have reallocated human resources. Even in 
the coronavirus era, we have been able to strengthen our core capabilities and 
improve our cash position." Hanssem, Korea ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=4226486819&u=https%3A%2F%2Fblog.naver.com%2Fspinnakersupport%2F222058743405&a=Hanssem%2C+Korea 
)

Executive Leadership Appointments

In 1H, Spinnaker Support added a record number of new employees, including the 
appointment of key executives. These include:


    - Chad Stewart as Vice President, Global SaaS Support Services, who 
      is leading all SaaS business development activities, services delivery, 
      and organizational development. 
    - Martin Biggs as Vice President and General Manager of the EMEA region.

New Service Offerings

Spinnaker Support continues to add services to meet the immediate and evolving 
needs of its customers and the market. In March, the company announced the 
immediate availability of Salesforce(R) application management and consulting 
services ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=4075361641&u=https%3A%2F%2Fspinnakersupport.com%2Fsalesforce-managed-services-and-consulting&a=Salesforce%C2%AE+application+management+and+consulting+services 
), the first of several anticipated offerings within the new Software-as-a- 
Service (SaaS) practice. 

In April, the SAP practice updated and launched technical packages for SAP 
Basis managed services and Business Intelligence managed services ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=119000185&u=https%3A%2F%2Fspinnakersupport.com%2Fsap-support-services%2Fsap-bi-managed-services&a=Business+Intelligence+managed+services 
).

In February, the JD Edwards practice enhanced its existing managed services 
with a new, proactive 24/7 monitoring solution ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=96680380&u=https%3A%2F%2Fwww.spinnakersupport.com%2Foracle-support-services%2Fjd-edwards%2Fjde-managed-services&a=a+new%2C+proactive+24%2F7+monitoring+solution 
).

Awards and Certifications

Spinnaker Support continues to garner awards that recognize the excellence of 
its technical teams and services. In February, the company was awarded a record 
five international Stevie Awards ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=2935336205&u=https%3A%2F%2Fspinnakersupport.com%2Fblog%2F2020%2F03%2F05%2Fspinnaker-support-awarded-five-2020-international-stevie-awards-for-oracle-and-sap-support-services&a=five+international+Stevie+Awards 
) including Customer Service Department of the Year, Front-Line Customer 
Service Team of the Year for the Oracle Support Team, and Innovation in 
Customer Service for the Global Tax and Regulatory Compliance Team. 

Spinnaker Support recertified for ISO 27001 and Privacy Shield UK.

COVID-19 Pandemic

As a remote-support company, Spinnaker Support is uniquely positioned to handle 
customer issues without delay. With employees on four continents and fully 
redundant skill sets, customers have experienced uninterrupted services 
throughout the pandemic. Spinnaker Support has accommodated every customer 
request for more flexible or lenient commercial terms during these trying 
times. Read more from the CEO ( 
https://c212.net/c/link/?t=0&l=en&o=2913896-1&h=1792628114&u=https%3A%2F%2Fspinnakersupport.com%2Fblog%2F2020%2F03%2F15%2Fspinnaker-supports-response-to-covid-19&a=Read+more+from+the+CEO 
).  

About Spinnaker Support

Spinnaker Support is a leading global provider of third-party support, managed 
services, and consulting for mid-size to Fortune 100 global enterprises. 
Oracle, SAP, and Salesforce customers benefit from more responsive, 
comprehensive, and affordable services for their enterprise applications and 
technologies. Whether you need immediate help for high-priority issue 
resolution, ongoing monitoring and development, or project-based consulting, we 
have you covered. Since 2008, our award-winning services, exacting standards, 
and unparalleled expertise have earned us the trust and loyalty of more than 
1,200 organizations in 104 countries. To learn more about Spinnaker Support, 
visit http://www.spinnakersupport.com/.

Contact:
Michelle Wilkinson 
mwilkinson@spinnakersupport.com

SOURCE: Spinnaker Support