Synopsys, a prominent information and communication technology (ICT) vendor, relies on a network of sales channel partners to sell and distribute its offerings across its customer base. According to proprietary analysis in GlobalData’s Synopsys Partner Ecosystem Profile, the IT management, security, and cloud computing categories account for 88.5% of the total partner engagements, as of November 2022. Buy the profile here.
Synopsys is a provider of electronic design automation (EDA) software and associated services. The companys product portfolio comprises IC design solutions; verification continuum platform, which offers virtual prototyping, static and formal verification solutions. Synopsys provides a wide range of solutions, including system simulation and modeling, 3D images processing, optical solutions, photonic solutions, system-level solutions, manufacturing solutions, and professional services. Synopsys serves aerospace and defense, automotive, financial services, HPC, data center, Internet of Things, medical, manufacturing, memory, mobile/5G, optical, photonic, and public sector. The company has business operations across the Americas, Europe, the Middle East, and Asia-Pacific. Synopsys is headquartered in Mountain View, California, the US.
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As depicted in the chart above, Synopsys's partner engagements are focused on serving clients across North America, which accounted for majority of their overall partner engagements, followed by Asia-Pacific, according to GlobalData's report.
Financial markets, healthcare, and government emerged as the top three industry verticals, that Synopsys is focusing on serving via its partners. These verticals together contributed 30.1% of the total vertical-specific partner engagements, with financial markets leading the partner engagement distribution.
The table below covers prominent partners of Synopsys based on GlobalData's proprietary scoring framework, which analyzes partner engagements on multiple parameters including revenue band, employee band, partnership certification, partner vertical and geography focus, among others. The majority of Synopsys's partners are value-added distributors or resellers.
GlobalData's Partner Network Database tracks and evaluates the partner ecosystem for over 300 ICT vendors, across 29 industries, 18 ICT solution areas, and 7 regions using a proprietary partner scoring framework. To uncover and analyses the partner network for other leading ICT vendors, access GlobalData's proprietary partner ecosystem profiles below:
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Partner Network Database tracks partner ecosystem of IT vendors. The database offers granular details on official partners of the IT vendors spread across the geographies. This analysis considers only partners details that are sourced from company website, press releases, CXO commentary from the publicly available sources and excludes all terminated and rumoured partner deals.
