SOURCE: Callidus Software Inc.

Callidus Software Inc.

July 30, 2014 07:00 ET

AppDynamics Selects CallidusCloud to Optimize Sales Performance

PLEASANTON, CA--(Marketwired - Jul 30, 2014) -   Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced today that AppDynamics, the leading provider of application performance management solutions, has selected CallidusCloud to help optimize and drive sales performance.

AppDynamics will be implementing CallidusCloud's Commissions, Learning Management System, and SalesSelector solutions to help optimize the sales process.

"Our business is going through hyper-growth and scaling up our go-to-market teams is essential to our ongoing success. CallidusCloud's solutions will accelerate this for us and ensure our sales teams are well-trained, knowledgeable, and appropriately incentivized," said Jonathan Jung, Director of Sales Operations at AppDynamics. "Typically, an implementation like this would take four months. We are planning on completing the process in half that time."

"We are excited to deliver the solutions AppDynamics needs to speed ahead of its competition and double their workforce," said Eric Brown, senior vice president, sales of CallidusCloud. "By moving to an integrated, automated solution, AppDynamics' sales teams will be able to onboard quickly with unlimited access to training from their mobile devices and they will be driven by attainable, performance-based incentives."

CallidusCloud's Litmos LMS provides an easy-to-use mobile solution for learning and training anytime, anywhere. Customers can build and manage professional-looking online courses, and users have access to real-time reporting to see when students have completed their training, how long they took, and what scores they achieved. The training system does not require any resources from the IT department and can be launched in just minutes.

CallidusCloud SalesSelector delivers a combination of online video interviewing, assessment testing, and team benchmarking designed to enable sales managers to rapidly evaluate candidates based on selling technique, sales temperament, and proven performance. This combination enables sales managers to gain a 360-degree view of candidates while accelerating the sales hiring process, so managers can interview more sales candidates, while reducing the risk of costly mistakes.

CallidusCloud Commissions enables companies to deploy targeted incentives and commission programs to drive sales execution. It provides businesses with the ability to automate the calculation and payment of commissions across internal and external sales. Sales operations and finance enjoy significant time and cost savings while sales teams enjoy faster, more accurate and more transparent commission payments.

Blog: www.calliduscloud.com/salespulse
LinkedIn: www.linkedin.com/company/calliduscloud
Facebook: www.facebook.com/callidussoftware
Twitter: @calliduscloud, @calliduscloudIR
Web: www.calliduscloud.com

About AppDynamics

At AppDynamics, our Application Intelligence Platform helps today's software-defined businesses proactively monitor, manage and optimize the most complex software environments. All in real time, and all in production. With cloud and on-premise deployment flexibility, AppDynamics works and partners with many of the world's most innovative companies. Customers include Citrix, Edmunds, Expedia, Fox News, John Deere, OpenTable, Salesforce.com, Sephora, StubHub and Union Pacific Railroad. AppDynamics' premier event for today's software-defined business, AppSphere 2014, takes place November 3-5 in Las Vegas. For more information, visit www.appdynamics.com.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the leading provider of sales and marketing effectiveness software. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation -- driving bigger deals, faster. Over 2500 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

For more information, please visit www.calliduscloud.com.

Note on Forward-Looking Statements
The forward-looking statements included in this press release, including long-term prospects, reflect management's best judgment based on factors currently known and involve risks and uncertainties. These risks and uncertainties include, but are not limited to, potential disruption of customer purchase decisions resulting from global economic conditions, timing and size of orders, relative growth of our recurring revenue, potential decreases in customer spending, uncertainty regarding purchasing trends in the cloud software market, customer cancellations or non-renewal of maintenance contracts or on-demand services, our potential inability to manage effectively any growth we experience, our ability to develop new products and services, increased competition or new entrants in the marketplace, potential impact of acquisitions and investments, changes in staffing levels, and other risks detailed in periodic reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K which may be obtained by contacting CallidusCloud's Investor Relations department at 415-445-3238, or from the Investor Relations section of CallidusCloud's website (http://www.calliduscloud.com/about-us/investor-relations/ ). Actual results may differ materially from those presently reported. We assume no obligation to update the information contained in this release.

©2014. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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