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Thinxtream™ Technologies Partners with Corent Technology to Enable Channel-ready SaaS Offering

Thinxtream™ Selects Corent's SaaS-Cockpit™ to Operate & Manage a new Channel-ready SaaS Business

PORTLAND, Ore. and ALISO VIEJO, Calif., Oct. 30, 2012 /PRNewswire/ -- Thinxtream Technologies Pte. Ltd., a global software company with innovative products and professional services for media, print and device management applications, has partnered with Corent Technology, Inc. , a leader in innovative SaaS enablement software solutions, to support a new product offering via an efficient, off-the-shelf SaaS delivery model.

"We wanted ready access to a global audience at a very economical price point, and delivering our offerings in a SaaS model certainly allows us to fulfil those goals," said Anil Thakkar, Director of Product Management at Thinxtream. "However, we realized that there are a number of issues that companies need to deal with when they decide to become a SaaS provider; such as customer provisioning, subscription management and billing services. We found Corent and their SaaS-Cockpit product to be a good fit for our needs."

SaaS-Cockpit™ is a complete operations and management solution built for SaaS providers. "With SaaS-Cockpit in place, a software company can quickly and easily move to a SaaS business model, and be assured they will have all of the capabilities they need to run their SaaS business, efficiently and cost effectively," said Corent EVP of Engineering Shafi Syed.

The product has been designed to reduce SaaS operations and management complexity for software companies who want to transition to a SaaS delivery model, but do not want to become bogged down in the details of how to get there. SaaS-Cockpit includes all of the core functionality needed to run a SaaS business: tenant self-provisioning, configurable subscription management, built-in connectors to popular billing services, revenue performance tracking, application performance monitoring, and more.

A powerful capability of SaaS-Cockpit is effortless enabling of multi-tier channel and distribution ecosystems. SaaS vendors can offer their VARs and channel partners a "white label" version of their service and have its partners sell it under their own brand, with their own particular solution configurations, such as aligned with the industries and markets they serve, without the burden of re-hosting and managing separate instances of the application.

"Corent is delighted to welcome Thinxtream as a valued customer and business partner, and pleased that SaaS-Cockpit was the product of choice to help them quickly launch their SaaS business," added Syed.

"This partnership is an example of the exciting new ways software vendors can transform their applications into SaaS solutions and create new channel relationships to quickly respond to their customers' rapidly changing requirements," according to Jeffrey M. Kaplan, Managing Director of THINKstrategies, Inc. and founder of the Cloud Computing Showplace.

About Thinxtream Technologies Pte. Ltd.

Thinxtream Technologies is a global software product company, with innovative products and professional services for media, print and device management applications across a wide range of industries. Based in Singapore, Thinxtream is a subsidiary of Celstream Technologies, an established, global Product Engineering Services company, with a rich heritage in offering complete product life-cycle development services. More information on the company can be found at www.thinxtream.com. For queries, please write to info@thinxtream.com.

About Corent Technology, Inc.

Corent Technology is a leading provider of SaaS enablement software. Corent's SaaS-Cockpit™ is the leading operations and management platform for SaaS (Software as a Service) providers. Corent's Multi-Tenant Server™ provides a software "plug-in" approach to instant transformation of conventional, single-tenant software applications into robust, elastic, multi-tenant, cloud-ready SaaS solutions. Corent SaaS enablement platform was named the 2012 "Cloud Product of the Year" at the TechAmerica's 19th Annual High-tech Innovations Awards. Corent is managed by a team of Silicon Valley veterans from companies such as Apple, IBM, HP, Oracle, Sun and Sybase. For more information about Corent, please visit us at www.corenttech.com

SOURCE Corent Technology

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