SOURCE: Callidus Software Inc.

Callidus Software Inc.

August 28, 2013 07:00 ET

CallidusCloud to Revolutionize Sales Decision-Making With Industry-Specific Big Data Analytics Solutions

The World Leader in Sales Performance Management to Address the Critical Need for Faster, More Accurate Sales Analytics

PLEASANTON, CA--(Marketwired - Aug 28, 2013) - Callidus Software Inc. (NASDAQ: CALD), a leading provider of sales and marketing effectiveness software, today unveils a new suite of solutions combining big data technology with pioneering analytics and visualizations, to enable real-time exploration of granular data and improve sales and channel decisions.

Companies are turning to sales analytics for detailed insights on all aspects of their sales and channel operations. Patrick Stakenas, Research Director for Gartner, noted: "Sales analytics delivers significant benefits by helping sales management more effectively recognize, understand and respond to emerging developments in sales cycles and markets, as well as improving overall sales planning and decision making regarding the deployment of resources."

CallidusCloud customers are already capitalizing on rich sales analytics from over a trillion dollars of sales transactions and hundreds of terabytes of data annually. However, with the expanded ability to more quickly manage and analyze massive volumes of structured and unstructured sales data, these organizations will now be able to process much more granular levels of data, to better understand the current state of the business, and track the behavior of various sales channels and markets.

"The information gathered by CallidusCloud's Sales Performance Management and Sales Execution Management tools is the most potent an enterprise could wish for," said Leslie Stretch, President and CEO, CallidusCloud. "The ability to visualize patterns to analyze, predict and support critical sales resource decisions is a red hot need in our core vertical markets today. Our new Big Sales Data Analytics solutions address the clamor for faster, more granular sales analytics for better, more agile decision-making. We will be releasing industry specific solutions at the end of 2013 focused initially on the Telecommunications and Insurance verticals."

CallidusCloud's Big Data for Insurance looks at a complete picture of a carrier's business including billing history, policy administration details, producer demographics, claims data, and detailed customer interactions. The solution will help uncover what specific attributes and actions actually correlate to successful producers, identify the optimum mix of product bundles, and identify actions and attributes that improve retention and persistency.

CallidusCloud's Big Data for Telecommunications looks at massive volumes of information generated around customer billing, commerce activity, territory alignment, sales targets, subscriber demographics, and channel information. The solution will provide visibility into what specific attributes or actions lead to customer cancellation to reduce churn, when bundle or upgrade offers are delivered to customers to improve average revenue per unit (ARPU), and return on marketing spend.

The solution uses in-memory processing and Big Data's inherent strength in handling large, unstructured data sets coupled with the latest data visualization techniques. This will allow organizations more real-time access to these insights. While this is CallidusCloud's launch of the Big Sales Data offering, CallidusCloud has 17 years of experience processing and analyzing sales performance metrics and compensation results for thousands of the largest, most prominent companies in the world. CallidusCloud has individual customers sending over a billion records each pay period for processing and over a trillion records of information as part of its cloud-based SaaS solution.

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

Patrick Stakenas quoted in Gartner's 2013 Hype Cycle for Big Data.

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.

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