SOURCE: Callidus Software Inc.

Callidus Software Inc.

May 14, 2014 10:00 ET

CallidusCloud Debuts the Industry's First-of-Its-Kind Big Data Sales Solution

LAS VEGAS, NV and PLEASANTON, CA--(Marketwired - May 14, 2014) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced the release of its Big Data solution, Thunderbridge, at the company's annual customer conference currently being held in Las Vegas.

Thunderbridge provides actionable insight to CallidusCloud customers by capturing critical sales and marketing data across the lead to money cycle, delivering real-time visualizations and actionable insight.

"Big Data is only relevant if it provides value through actionable insight and this is where Thunderbridge comes in," said Leslie Stretch, president and chief executive officer, CallidusCloud. "We sifted through the complexities of Big Data and unlocked the data through industry specific visualizations that span the lead to money process and allow for real, actionable insights into historical data to make quicker, more accurate business decisions and speed up the sales process."

While developing Thunderbridge, CallidusCloud worked with industry experts, consulting technology partners and its customer base to layout the technology and initial set of metrics. Big Data initiatives typically require significant IT spend, but Thunderbridge gives organizations an out-of-the-box solution, so they can spend more time applying the data gained to drive strategy and execution.

Thunderbridge captures critical information from CallidusCloud's Lead to Money Cloud, which tracks customer data from lead, to quote, to contract, all the way to payout. With the addition of Thunderbridge, CallidusCloud customers will be able to take robust analytics from the sales process and then present the multiple data with rich visualizations, algorithms and dashboards.

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

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