CST: 26/08/2016 03:23:52   

CallidusCloud Positioned as a Leader in Gartner's 2016 Magic Quadrant for Sales Performance Management

213 Days ago

Positioned Highest Along Ability to Execute Axis, CallidusCloud in the Leaders Quadrant for the Third Consecutive Report

DUBLIN, CA--(Marketwired - Jan 25, 2016) - Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, has been positioned highest for ability to execute in the leaders quadrant of the Gartner Inc. Magic Quadrant for Sales Performance Management report for the third successive time.

"The SPM market continues to flourish as more companies are looking to professionalize their sales force and transform their sales execution," said Giles House, chief marketing officer, CallidusCloud. "Our Lead to Money suite is the solution of choice for professional sales teams that want an integrated platform for profitable growth."

SPM is a solution set that automates and optimizes key sales processes such as incentive compensation management (ICM), territory and quota management and the training and coaching of sales professionals.

The Magic Quadrant for Sales Performance Management evaluated 10 vendors on a number of factors. To be included in the Magic Quadrant, vendors must offer a prepackaged SPM software product that contains at least three components of SPM, out of ICM, territory management, objective and quota management, appraisal/evaluation management, training management, hiring/onboarding systems, sales coaching management, sales performance analytics and gamification.

Gartner's full SPM Magic Quadrant report is available here.

Gartner, Magic Quadrant for Sales Performance Management, Tad Travis, 21 January 2016

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 or other designation. 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.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing, learning and customer experience 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. More than 4,400 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.

Note on Forward-Looking Statements
The forward-looking statements included in this press release, including, for example, the announcement of new products or services, reflect management's best judgment based on factors currently known and involve many risks and uncertainties. These risks and uncertainties include, but are not limited to, risks detailed in periodic reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.

©2016 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Clicktools, SURVE, syncfrog, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs, and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc.

Press Contacts:
Chris Bucholtz
CallidusCloud
925-251-2200
pr@calliduscloud.com