SOURCE: Zyme

May 04, 2017 08:00 ET

Zyme Honored as Gold Level Stevie® Award Winner in Product of the Year - Software Platform Category in 2017 American Business Awards(SM)

Zyme's Market-Leading CDM Platform Earns Highest Recognition With Third Consecutive Stevie® Award Win

REDWOOD SHORES, CA--(Marketwired - May 4, 2017) - Zyme, the market leader in the rapidly growing discipline of channel data management (CDM), was named the winner of a Gold Stevie® Award in the Product of the Year - Software Platform category in The 15th Annual American Business Awards. This represents the highest recognition Zyme has earned in the American Business Awards, following its Silver Stevie® Award win last year and Bronze Stevie® Award in 2015.

Zyme received the Gold Stevie® Award for its market-leading zyme cloud platform 3.0, which empowers companies to sell more through the global channel with clean, accurate and timely data that can identify the optimal route-to-market and generate demand with end customers. Zyme's CDM platform also helps companies reduce channel sales costs by intelligently managing the supply chain to avoid excess inventory or stock-outs, and can reduce resale partner incentive spending by 10 to 15 percent.

Without direct access to accurate and timely data about their end customers, companies that sell through the global channel are forced to make business decisions blindly. The judges recognized the critical need for a channel data management solution as well as the progress that Zyme has made in charting a path forward. "Channel data management is a real issue. I'm glad to see someone addressing this," one of the judges commented, while another wrote, "Zyme has made huge strides in the channel data management space."

Zyme gives businesses complete channel visibility through a cloud platform that ingests raw partner data, transforms it into decision-grade intelligence using proprietary technologies and rich content libraries, and makes this intelligence actionable through analytics dashboards and seamless integration with customers' business systems.

In 2016, zyme cloud platform 3.0 processed more than $175 billion in channel revenue and more than 1 billion transactions for some of the world's largest companies. These figures helped the company retain nearly 70 percent of the CDM market.

"Zyme's CDM platform provides enormous value to companies that sell through the global channel and this award is an important validation of the benefits we've delivered to our customers," said Zyme Vice President of Marketing Steve LaPedis. "Accurate and timely data from the channel empowers enterprises to increase global sales while reducing their costs at the same time."

More than 190 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

"Each year the judges find the quality and variety of the nominations to be greater than the year before. The 2017 competition was intense and every organization that has won should be proud," said Michael Gallagher, president and founder of the Stevie Awards.

Details about The American Business Awards and the list of 2017 Stevie winners are available at www.StevieAwards.com/ABA

About Zyme
Zyme provides the leading channel data management (CDM) cloud platform, delivering critical downstream visibility for global companies that leverage distributors, resellers, retailers and e-tailers to sell their products. Zyme's flexible, real-time data platform powers the New Smart Channel(SM), a proven approach to acquiring actionable knowledge that enterprises need to accelerate partner sales and optimize marketing ROI. With a channel directory of more than 1.5 million partners, Zyme processes more than one billion transactions annually across more than 150 countries, providing decision-grade intelligence to optimize business processes like sales execution, inventory management, partner rebates and incentives, marketing and financial compliance.

Pre-built integrations with Salesforce and other innovative cloud solution providers help Zyme's industry-leading customers, including Amazon, Dell, Fujitsu, Microsoft, Plantronics, Seagate, Symantec, VMware and Xerox use channel intelligence to solve core business problems. Headquartered in Redwood Shores, CA, Zyme has offices in India, Texas, China and the UK. For more information, visit www.Zyme.com.

About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

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