SOURCE: Callidus Software Inc.
PLEASANTON, CA--(Marketwire - Oct 19, 2012) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of hiring, learning, marketing and selling cloud software, announced today that it received a "Strong Positive" rating in the latest MarketScope for Sales Performance Management (SPM) Software by Gartner, Inc. (NYSE: IT), the world's leading information technology research and advisory company.
The SPM MarketScope study evaluated 10 vendors on a number of factors including the strength of their products, customers and financials. The report, which estimates the SPM market size at $1.5-$2 billion, focuses on vendors that provide technology for managing training, coaching, hiring, onboarding, territories, quotas and incentive compensation of sales and channel professionals.
"We are delighted to be recognized as the only 'Strong Positive' vendor by this leading analyst. Gartner has previously produced reports on the Incentive Compensation (ICM) market and the Insurance ICM market, where we have also been recognized as leaders. However, companies are no longer looking at ICM in isolation and are instead focusing on the wider aspects of sales performance," said Giles House, Vice President, Marketing Communications and Products, CallidusCloud®. "Tapping into the latest mobile, social and gamification technology, our Clouds provide companies with the most comprehensive set of solutions that transform sales channels and teams into productive, effective, high-performance operations."
Gartner's full SPM MarketScope report is available at:
Gartner's insurance-specific ICM report from 2011 where CallidusCloud also received a leading "Strong Positive" rating is available at:
CallidusCloud's SPM solution combines technology from our Hiring, Learning and Selling clouds to deliver: 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 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.
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud, is a leading provider of cloud software. CallidusCloud enables organizations to drive performance and productivity across their business with our hiring, learning, marketing and selling clouds. From back office to the field, from desktop to mobile, we ensure organizations have the right tools to be more effective and perform better. The combined power of our clouds, our people, and our partners fuels growth, empowers the work force and delivers real value. CallidusCloud drives performance and productivity for over 1500 leading organizations. Small, medium and large enterprises across multiple industries and geographies rely on CallidusCloud for quicker hiring, simpler learning, better marketing, and smarter selling.
For more information, please visit www.calliduscloud.com.
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