SAN JOSE, CA– 08/09/10 – Callidus Software Inc. (NASDAQ:CALD), the leader in Sales Performance Management (SPM), today announced it was named among an elite group of 40 vendors to watch during 2010 by Information Management Magazine. An article titled “40 Vendors We’re Watching in 2010” appears in the July/August issue. Information Management, written for corporate and IT executives, covers the strategic use of technology that helps in making organizations more effective and market responsive.
According to Information Management, Callidus was selected based on feedback from customers and industry analysts, in conjunction with the magazine’s own focus on hot and emerging technologies.
Says Jim Ericson, editorial director of Information Management on why Callidus sales performance management software is worth watching: “A full range of top-line focused applications or the whole suite for a back-to-work economy. What sales exec isn’t into incentive, channel or quota management? Coffee is for closers only.”
“We are extremely excited to be recognized among a select group of cutting-edge technology companies that will be tracked by this IT publication,” said Michael Graves, senior vice president, Engineering and CTO at Callidus Software. “This is a testament to the strength of the combination of our customer success, analyst recognition, and product innovation, coupled with the growing market momentum for driving more effective sales performance with sales talent lifecycle management solutions. These solutions deliver significant returns for our customers by cost effectively harnessing the power of incentives to drive sales execution throughout the life of the sales rep, and we are seeing increasing market opportunity growth based on our growing customer successes.”
Information Management Magazine, the premier publication for business intelligence, analytics, integration and data warehousing, can be found at http://www.information-management.com.
Callidus Software’s award-winning solutions manage the entire sales and agent lifecycle from on-boarding, to incentives and rewards, to talent development, while providing visibility into sales operations and financial performance. This gives customers the ability to align their sales force and channels with their key business objectives to consistently and reliably execute on sales targets. The software is used by leading companies in a broad range of verticals including high-tech, telecommunications, banking, insurance, and pharmaceuticals. Since its inception nearly 15 years ago, the company has evolved into the most experienced, proven, and reliable SPM vendor in the marketplace. Callidus Software manages over $50 billion in incentives and compensation for more than two million payees in over 140 countries.
About Callidus Software®
Callidus Software (NASDAQ:CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a company’s sales force and channel partners. Over 2 million employees and channel partners have their performance managed by Callidus Software. For more information, please visit www.callidussoftware.com.
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