SOURCE: Callidus Software Inc.

Callidus Software Inc.

October 23, 2014 07:00 ET

Lenovo Doubles Sales Force and Selects CallidusCloud to Support Rapid Global Growth

PLEASANTON, CA--(Marketwired - Oct 23, 2014) - Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing and learning solutions, announced today that Lenovo, a Fortune 500 global provider of consumer, commercial, and enterprise technology, has chosen CallidusCloud's Lead to Money Suite to underpin the company's rapid growth. Lenovo's decision to implement CallidusCloud for greater sales efficiency was driven by its acquisition of IBM's x86 business server division. The agreement was signed in the third quarter of 2014.

CallidusCloud will enable Lenovo's expanded sales organization to continue to grow across the world, while ensuring sales efficiency and accelerated sales processes. Additionally, CallidusCloud provides a single platform for Lenovo's entire sales force to standardize upon, ensuring ease of communication and processes between teams.

"Choosing CallidusCloud as our sales technology provider was an obvious decision," said Scott Ottman, vice president of inside sales, sales operations and brand at Lenovo. "The Lead to Money Suite gives us best-in-class solutions to enhance our key sales processes without the time and cost of stitching together multiple point solutions, from multiple vendors. Having one suite will provide us with critical, data-driven insights that will further optimize performance on a global scale."

"Sales teams that operate on a global level need technology to support their sales process," said Leslie Stretch, president and CEO of CallidusCloud. "We're excited to continue developing our relationship with Lenovo as we provide their expert sales staff with the solutions they need to accelerate deals and increase revenues."

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About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing and learning solutions. 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 3400 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.

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