SYF - Synchrony Financial
Company Overview
Name
Synchrony Financial
Tickers
SYF, SYF-PA, SYF-PB
Exchanges
NYSE
Employees
250
Founded
2010
Sector Information
Other Information
CIK
1601712
Category
Large accelerated filer
Company summary
1-Line Summary
A technology company specializing in subscription-based software solutions and consulting services.
The company primarily operates in the technology sector, focusing on developing software solutions that enhance business operations for various industries. Their business model includes subscription-based services, allowing clients to access their suite of software tools as a monthly or yearly subscription. This approach not only creates a steady revenue stream but also fosters long-term relationships with customers, as updates and support are integral to the subscription packages they offer.
In addition to core software solutions, the company diversifies its offerings by providing consulting services that help clients implement technology effectively within their organizations. By catering to both the product and service aspects, the company positions itself as a one-stop-shop for its clients’ technology needs, ideally placing it to capitalize on the growing demand for integrated tech solutions in an increasingly digital world.
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