Date: 16th March 2011
March 16th 2011 - Bath, UK - Sidonis, the leading innovator in service assurance, today announced that it has completed a second round of investment funding. It also welcomes former Logica COO Jim McKenna to its Board, as non-executive Chairman.
Jim McKenna spent 14 years at Logica, serving on its Main Board since 1998. He was appointed its Chief Operating Officer in 2005. He has extensive experience in the global IT and technology sector, with career spells at GEC-Marconi and Plessey. In addition to Sidonis, Jim also serves as Chairman at several UK technology firms, including Azzuri Communications and PowerOasis.
On securing a second round of investment, Sidonis CEO Don Keir commented, “The benefits of Sidonis’ unique root cause and service impact analysis technology have now been proven. The next generation in service assurance is a reality. It’s now time to take that technology to the wider global community of service providers seeking new competitive differentiators and operating efficiencies. This round of funding will help us do that, as well as continuing to develop new applications around our offering.”
On the appointment of Jim McKenna as Chairman, Don added: “Jim’s experience and energy will be invaluable in our plans to establish Sidonis as a global player, and a market leader. We very much look forward to working with him.”
Sidonis helps communications service providers and other network operators deliver the highest levels of service availability and responsiveness to network outages, through an advanced software solution that complements traditional fault and network management systems. Sidonis works with systems integrator partners in the UK, North America, South America, Europe and the Middle East.
Formed in 2006, Sidonis develops software with the potential to save millions in service level agreement penalties or lost revenues, by helping service providers identify the root cause and impact on services of network faults. By combining service and network modelling techniques with an advanced rules engine, Sidonis provides flexible and cost-effective solutions that can operate alongside traditional service or network management systems. The company has customers in the UK, North America, South America, Europe and the Middle East, with partners including NetBoss Technologies Inc, Aviat Networks Inc. (formerly Harris Stratex), AssureNet LLC, SciSys and IPL. Visit us on the web at www.sidonis.com
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