SOURCE: Callidus Software Inc.

Callidus Software Inc.

September 09, 2013 07:00 ET

CallidusCloud Positioned as Leader in Magic Quadrant for Sales Performance Management

Evaluation Based on Completeness of Vision and Ability to Execute

PLEASANTON, CA--(Marketwired - Sep 9, 2013) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, announced today that it has been positioned by Gartner, Inc. as leader in the inaugural Magic Quadrant for Sales Performance Management.

"We are delighted to be recognized as the clear leader in the first Gartner Magic Quadrant for Sales Performance Management," said Leslie Stretch, President and CEO, CallidusCloud. "Our absolute passion is to deliver the best and most innovative cloud solutions for Sales Performance Management to companies of all sizes. The release of the Magic Quadrant comes hot on the heels of our Big Sales Data Visualization and Territory and Quota Solutions, as well as our first seven-figure, three-year suite contract with one of North America's leading health insurers, signed in August. This insurance leader will be using Commissions, Producer Management, Sales Performance Manager, Enablement, MySalesGame and Litmos Mobile Learning, to transform their sales processes."

The Magic Quadrant for Sales Performance Management evaluated 10 vendors on a number of factors including the strength of their products, customers and financials. The report focuses on vendors that provide technology for the key components of Sales Performance Management, including: Incentive Compensation Management, Territory Management, Sales Coaching, Gamification Objective and Quota Management, Training and Hiring.

Gartner's full SPM MarketScope report is available at: http://www3.calliduscloud.com/2013-Gartner-SPM-LP.html

CallidusCloud delivers the market-leading solution for driving better sales results. The solution provides efficient social shortlisting processes to reduce time spent on unnecessary interviews; streamlined onboarding to shorten the time to value for new hires; on-the-go learning to improve sales skills, process and knowledge; automated territory distribution and quota management; automated commission calculation with clear reporting; and rich sales analytics that fuel performance. SPM eliminates guesswork from decision-making and unlocks the success factors of high-performance selling.

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
CallidusCloud®, (NASDAQ: CALD), 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 quote and proposal generation, and streamline sales compensation -- driving bigger deals, faster. Over 2000 leading organizations, across all industries, rely on CallidusCloud for their lead to money process for better marketing and smarter selling.
For more information, please visit www.calliduscloud.com.

©2013. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake and 6FigureJobs 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.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

Contact Information