About CallidusCloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

IR Contact
Steve Pasko and Cameron Jung
Market Street Partners
415-445-3237
cald@marketstreetpartners.com

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CallidusCloud’s SPM enables companies to identify and replicate the attributes of top-performing sales reps and fuel the development of their sales forces for sales execution. Leading organizations use Sales Coaching to produce improved individual sales performance, contributing to an overall higher level of success across a sales force.

CallidusCloud’s Sales Enablement Platform provides a social platform to enable all sales channels to make collaborating simple and to improve communicating with customers. Sales no longer needs to waste time hunting down the right document, or looking for competitive information, it’s all in one place providing a single source of truth. Meanwhile, marketing concurrently gains insight to know what materials are being used in winning sales cycles.

CallidusCloud’s MySalesGame combines gamification and social technology to create an innovative platform to drive performance improving behaviors. By tapping into the inherent competitiveness in people and leveraging social technology, MySalesGame enables businesses to motivate and engage sales people across the entire organization.

CallidusCloud’s LeadFormix marketing automation provides an easy-to-use, collaborative SaaS platform designed for inside sales, sales, marketing, and web optimization teams to transform their sales pipeline growth. The platform goes beyond demand generation and workflow automation to provide real insight into a website visitor’s intent, deriving actionable intelligence to convert a visitor into a qualified sales lead. The solution uses effective collaboration methodologies and enables knowledge sharing within communities across an organization’s internal and external networks to bridge the gap between sales and marketing and help boost revenues.

CallidusCloud’s Litmos LMS provides an easy-to-use mobile solution for learning and training anytime, anywhere. Litmos LMS provides a platform that enables customers to build and manage professional-looking online courses themselves. System users have access to real-time reporting to see precisely when students have completed their training, how long they took, and what scores they achieved. The SCORM-certified hosted training system does not require any resources or support from the IT department and can be launched in just minutes.

CallidusCloud’s RapidIntake is an award-winning e-learning and mobile learning SaaS (Software as a Service) solution that helps organizations throughout the world save time and resources by bringing learning development teams together in a single cloud-based location. CallidusCloud’s powerful, flexible platform helps instructional designers and content owners collaboratively create interactive courses built on proven learning patterns, regardless of their skill levels.

Blog: www.calliduscloud.com/salespulse/
LinkedIn: www.linkedin.com/company/calliduscloud
Facebook: www.facebook.com/callidussoftware
Twitter: @calliduscloud
Web: www.calliduscloud.com

About CallidusCloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

The post Raging Wire Selects Six CallidusCloud Applications to Drive Sales and Marketing Effectiveness appeared first on CallidusCloud.

“The market for sales and marketing effectiveness solutions is at an inflection point,” said Leslie Stretch, President and CEO, CallidusCloud. “Giles’ track record in selling and marketing software contributed to pipeline growth of 95% in 2012 and record attendance at 2013’s C3, our annual customer conference. C3 grew by over 70% compared to 2012 and sets us up for a strong FY13. He will focus on delivering high quality leads to our expanded sales force and the communication of our value proposition. I am excited to have him join our leadership team.”

Giles has over 10 years of experience in technology and business software. At CallidusCloud he is responsible for the company’s marketing activities and product strategy. He has served a variety of channel, sales and marketing roles at CallidusCloud in EMEA and most recently in North America as Vice President, Marketing Communications and Products. Prior to joining CallidusCloud, Giles has worked at international software and SaaS companies including SAP, Active and Maxima. Giles graduated with Honors from the University of Southampton with a BEng in Electronic Engineering.

About CallidusCloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

The post CallidusCloud Appoints Giles House as Chief Marketing Officer appeared first on CallidusCloud.

I’ve just returned from the C3 conference, which saw an enormous increase in social media commentary, wisdom and connectivity compared to the 2012 event.  Everything was about the growing footprint of Sales Performance Management platforms and practices, particularly the great customer panel in which three practitioners cited below help me present a flesh-and-blood complement to Aberdeen’s deliberately more anonymous aggregated end-user Sales Effectiveness research.  Among the many re-tweets, the following concepts stand out:

• 10% of US buyers take a second meeting with their seller. So where are the 90% of dollars going?   This speaks to sales funnel management, and the linear, uni-directional flow of leads and opportunities that under-performing companies mistakenly manage.  Best-in-Class firms are better at sending unfilled leads and unresolved pursuits back to marketing, for re-engagement and nurturing. When marketing and sales are aligned to the point that opportunities can be moved fluidly up and down the customer engagement funnel, everyone wins.
• Sales is the communications channel of choice for the most complex conversations, when other channels are insufficient.  Sales is the most expensive channel you can throw at your prospective customer, so use it wisely.  But be sure to value the power of this personal interaction early enough in the marketing/sales-aligned outreach, to build emotional connections.  And don’t assume that once sales is engaged, that marketing’s job is done: for long sales cycles, the prospect needs ongoing reminders of the value you hope to deliver, from sources other than their sales rep.  This includes social, of course: facts tell, but stories sell, and if you have passionate customers, they represent the potentially most lucrative communications channel in your toolkit.
• 19% of buyers enjoy their interactions with Sales: food for thought.  Buyers want to be educated, not molested.  Take a hint from all this social media activity with which you are engaged at this moment: if you teach someone something, they appreciate how you improve their life in some small way, and may seek to buy from you.  And buying is always better than being sold.
• “Our competitors use our own sales comp issues to recruit our people away.” – quote from a sales comp survey. My recent research report “Motivate, Incent, Compensate, Enable: Sales Performance Management Best Practices“  shows that it costs over $36k to replace a typical B2B sales rep, as well as 7.3 months to hire and onboard them.  With even the Best-in-Class companies reporting a 22.4% sales turnover rate, it’s crucial to minimize the hard and soft costs of losing reps to involuntary turnover.  This means clarity and transparency in compensation plans, payments and dispute resolution need to be top priorities.
• “The ‘marketing shoving stuff at sales’ era is over.”  In the old days we lugged brochures to shows and tossed them out at the end of the event, hoping that marketing would develop a better message in the next revision cycle faster.  Today’s Best-in-Class enterprises use deal rooms and sales content management solutions that empower sellers with choice – assets and messaging they can easily tailor for individual accounts and deal pursuits – as well as a feedback loop to help marketing continuously hone their output to support what matters most…the customer.  Thanks to Diana Weigand, Global Sales Enablement Director at Motorola Solutions, for her insight here.
• “Find yourself in the balance sheet.” You’ll know how successful you are.  Panelist Anubhav Saxena, HCL’s SVP/Global Head of Marketing, provides this simple but spot-on validation that everyone in the enterprise should consider themselves culpable for driving revenue.  If you’re in sales, it’s obvious; if you touch the customer in any way, it makes sense.  But even back-office folks have responsibility to help maximize the health of the entire organization – it certainly will come back to reward them in due time.
• 28,000 hours saved per year? Well worth a trip to Vegas. Brian Greenberg, Director of Compensation for Verizon, implemented a remarkable sales commission transformation, turning from an IT-heavy homegrown system supporting over 6000 payees, to a commercial offering that easily handles the 2 billion daily pieces of order entry, quota, territory and CRM data required to get sales staff and partners paid accurately and fairly.  That’s billion, with a B. The 28k in hours – not to mention the documented $17M in ROI – stem from a dramatic reduction in errors, disputes and overall friction that keeps sellers from selling, and companies from succeeding.

Ostrow, P. (2013, May 8). Lead-to-Money: Seven Tweets Underscoring Crucial SPM Lessons. Aberdeen Group Blog. Retrieved from http://blogs.aberdeen.com/customer-management/lead-to-money-seven-tweets-underscoring-crucial-spm-lessons/

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“It’s not complicated,” he told them. While sales managers are struggling with sales forecasts, sales people want to have better outcomes. “This,” he continued, “is about getting you those outcomes.”

The excitement was palpable as executives showed game-changing sales performance product releases and customers revealed business-boosting results.

Game Changer

In his opening keynote in front of more than 700 (plus 1,200 watching the live stream video), enlisted the aid of Dan Koellhofer, Vice President of Product Management, to show startling integration and ease of use among CallidusCloud products. In a live demo on an iPad, Koellhofer showed the integration between CallidusCloud products for hiring, training, coaching and compensating. He also demonstrated how a sales rep could manage territories and quotas in a few keystrokes with precision and granular control. Lead to Money did not look complicated at all.

Upcoming releases will include pre-packaged integration with Salesforce , Workday, SAP, Dynamics CRM, and Oracle.

Proof Points

CallidusCloud’s new user interface provides iPad-easy functionality for the entire lead to money process, separating itself from the competition even more. In the sessions that followed, more details emerged about functionality for territories and quotas. Separate territories, add or subtract sales reps, apply and model different percentages, define territories by an almost unlimited number of segments.

Analysts Accenture, Canidium, Forrester Research and Gartner Research underscored the importance of intuitive design, mobile accessibility and system integration. Each revealed that as younger workers have become accustomed to super intuitive interfaces that they can figure out in minutes on their phones and tablets, they expect the same from all the systems they use – including their sales and marketing systems.

Customers provided powerful proof points that CallidusCloud has separated itself from other sales effectiveness solution providers:

• HCL achieved seven times market growth even in a dismal recession with the CallidusCloud LeadFormix marketing automation solution
• CDW generated 10% extra selling time and $4 million extra revenue with CallidusCloud Enablement
• Zumba Fitness integrated and launched its training program within just six weeks using the CallidusCloud Litmos learning management system and educated 10, 000 users
• Blue Coat reduced 43 plans to just three, gaining the flexibility to implement a process flow to automate catching errors with CallidusCloud Sales Performance Management

Importance of Gaming

In the closing keynote address, world renowned game designer, author and thought leader Jane McGonigal used her scientific knowledge (she is a PhD) to show that gaming is not just a waste of time. In fact, she revealed that under the right circumstances gaming can help relieve pain in burn victims, help cancer patients remember to take their drugs, and help relieve anxiety. The reason is that the emotions released during gaming are the same emotions necessary for success. Gamers are resilient against failure, play cooperatively, and work fearlessly toward their goal.

Over the summer, CallidusCloud will push toward its next goal of providing an unparalleled experience for sales and marketing professionals who need to be always more productive and efficient. Visit CallidusCloud.com to learn more and watch more videos from the conference.

The post “Lead to Money” Changes the Game at CallidusCloud C3 appeared first on CallidusCloud.

“I am delighted to announce Jimmy’s appointment as Chief Technology Officer. He is without doubt the most eminent practitioner in the incentive compensation management space,” said Leslie Stretch, President and CEO, CallidusCloud. “Jimmy is a customer-centric technologist who embraces our customer driven roadmap philosophy. In addition, we view Jimmy’s innovation and expertise as critical to achieving our previously publicly disclosed gross margin and SaaS revenue growth goals for 2013.”

Jimmy Duan brings over 20 years of experience in SaaS operations, technology sales, management consulting, and professional services. He has served a variety of executive management roles at CallidusCloud, including senior vice presidents of commissions business and international sales.  Previously, Jimmy served as vice president of client services at Xactly, where he was responsible for defining and setting up SaaS operations and managing customer success. Earlier in his career, Jimmy held professional services management positions at Quovera and Talus Solutions, and consulted with multi-national organizations in financial services, telecommunications, transportation, and high-tech manufacturing. Jimmy holds a Ph.D. in industrial and systems engineering from Virginia Tech. Jimmy replaces Mike Graves, who leaves CallidusCloud at the end of May.

Note on Forward-Looking Statements

The forward-looking statements included in this press release, including discussion of our commercial prospects and performance reflect management’s best judgment based on factors currently known and involve risks and uncertainties. These risks and uncertainties include, but are not limited to, potential disruption of customer purchase decisions resulting from global economic conditions, timing and size of orders, potential material fluctuations in financial results and future growth rates, decreases in customer spending, uncertainty regarding purchasing trends in the SPM market, customer cancellations or non-renewal of maintenance contracts or on-demand services, our potential inability to manage effectively any growth we experience, uncertainty regarding the demand for and profitability of our on-demand services, increased competition or new entrants in the marketplace, and other risks detailed in Callidus’ reports filed with the Securities and Exchange Commission, including its Form 10-K for 2012. Actual results may differ materially from those presently reported. We assume no obligation to update the information contained in this release.

About CallidusCloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

The post CallidusCloud Appoints Dr. Jimmy Duan as Chief Technology Officer appeared first on CallidusCloud.

Stretch had a new message for the assembled crowd: “It’s all about Lead to Money. It’s not complicated,” he told them. While sales managers are struggling with sales forecasts, sales people want to have better outcomes.

“This is about getting you those outcomes.” He said.

Four Big Things

He said there are four big things driving changes in sales today:

1. The rise of mobile as a ubiquitous engagement vehicle
2. Competition in operating systems and the fall of Windows
3. Big data that can produce meaningful results
4. Apps simple and fast enough to satisfy Generation Y

What Is Lead to Money?

Lead to money, he said, can be simplified to Marketing Automation – Sales Enablement – Sales Quotes and Configuration – Compensation – Money

“It’s about getting people to the sale faster,” he said.

A Sales Performance Management Refresher

Peter Ostrow, Vice President and Group Director of Customer Management and Principal Analyst of Sales Effectiveness for Aberdeen Group, joined Stretch on stage to deliver some fresh statistics to underscore the importance of Sales Performance Management and Sales Enablement.

Ostrow said that according to Aberdeen’s research, best-in-class sales organizations:

• Attain 105% of quota
• Have well over 80% of reps meeting or exceeding quota
• Achieve 14.9% revenue growth
• Cross-train their sales teams with marketing 44% of the time
• Have a centralized repository of assets and sales tools for sales and marketing (92%)
• Figure out the buyer’s journey in order to cement the selling process

Ostrow then moderated a panel on Sales ROI with Brian Greenberg of Verizon, Diane Weigand of Motorola Solutions and Anubhav Saxena of HCL.

Saxena explained that HCL used LeadFormix to improve its marketing automation to increase growth seven times and achieve highest-ever customer acquisition even during the worst global recession since the 1930s.

Weigand said Motorola committed to aligning the sales process with the customer buying process to turn the company around.

Greenberg said Verizon saved 28,000 hours of productivity per year by improving its sales process. Verizon also experienced 26% cost reduction and $8 million in additional profit utilizing CallidusCloud Commissions.

Ostrow said these process improvements underscore the importance of putting the sales rep at the center attention. “Everything we do has to be about the customer, even if we’re not touching the customer in our role.”

Information Sharing Improves Productivity

Sales people don’t share information, the panelists agreed. So how do you make them share information? He asked Weigand. That, she said is a good question. For Motorola, the answer is gamification. Weigand said Motorola got “unbelievable engagement” from gamification, which it plans to increase going forward.

Saxena closed by saying companies are what their bottom line says. “Find yourself in the balance sheet,” he advised.

Keep coming back to calliduscloud.com and calliduscloudconnections.com for more updates as the conference progresses.

The post Lead to Money: It’s Not Complicated appeared first on CallidusCloud.

“For too long companies have been trapped in spreadsheets and people intensive manual target setting processes,” said Leslie Stretch, President and CEO, CallidusCloudCopyright. “Quota and territory setting processes must be intimately linked and must be completed in minutes, not weeks, to avoid lost selling time. I am excited to announce our new solution that directly addresses the shortcomings of the current approaches to distribute goals to the field faster with greater accuracy.”

Granular Control for Sales Effectiveness

With CallidusCloud Quota and Territory Planning, Sales managers can easily configure territories based on client segments, industry verticals, geographies and product sales. Managers can assign territory coverage rules, forecast revenues based on flat amounts or percentages, and align figures with corporate-wide targets. The product also features workflow for executive approval.

About Calliduscloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

The post CallidusCloud Announces New Quota and Territory Planning Solution to Accelerate the Lead to Money Process appeared first on CallidusCloud.

“C3 is the only dedicated event focused on accelerating the lead-to-money process,” said Giles House, Vice President, Marketing Communications and Products, CallidusCloud. “At C3 we have under one roof the most distinguished thought leaders, industry experts and customer visionaries that are redefining revenue generation and compensation processes. The event is a sellout with 750 attendees registered.”

C3 Agenda and Sponsors

C3 2013 hosts six customer advisory board meetings, seven keynotes from the world’s most eminent sales and marketing speakers and 32 breakout sessions covering industry trends and best practices. The event is sponsored by 23 of the leading industry partners including Badgeville, Canidium, Mulesoft, Netsuite, OpenSymmetry and salesforce.com. A full list can be found on the C3 website.

Special Guest Keynote from Gamification Expert Jane McGonigal

New York Times best-selling author, TED speaker, renowned game designer and noted thought leader Jane McGonigal, brings her unique perspective on gamification. McGonigal is today’s leading speaker on the application of game-design principles to real-life challenges. She has created games for the World Bank, the Olympic Games, the American Heart Association, the New York Public Library, and many more. Her book Reality Is Broken: How Games Make Us Better and How They Can Change The World is the definitive modern work on gamification.

She is currently an advisor and affiliate researcher with the Institute For The Future in Palo Alto, California, where she served for four years as the Director of Game Research and Development. Her recent projects include a Games for Healthcare initiative with IFTF and the White House as well as Paths Out Of Poverty, a crowdsourcing game by IFTF for the Rockefeller Foundation.

Featured Industry Analysts

Peter Ostrow, Vice President and Research Group Director at Aberdeen Group, chairs a panel of visionary customers discussing the latest research on compensation management, marketing alignment, and sales enablement across different industries. Scott Santucci, Principal Analyst & Research Director, Forrester Research, Inc. reveals the latest trends in sales and marketing alignment and how best to cope with today’s buyers. Patrick Stakenas, Research Director, Gartner, reveals how Mobile, Social, Cloud, and Big Data will power the future of sales. Jeffrey Kaplan, Managing Director, Think Strategies, chairs a session on the benefits of migrating to the cloud.

Executive Keynote

CallidusCloud’s President and CEO Leslie Stretch discusses CallidusCloud’s strategy to take sales and marketing to the next level and raises the curtain on the latest innovations from CallidusCloud.

Product Experts

Onsite training sessions running throughout the conference will provide attendees free access to hands on training. Demo pods will be located in the expo hall showcasing the latest product innovation.

To see the full list of speakers, agenda and to watch Leslie Stretch’s opening keynote live visit:www.calliduscloud.com/c3

Follow the major C3 announcements on social:

• Twitter: @calliduscloud #caldc3
• Facebook: www.facebook.com/callidussoftware

For more information visit www.calliduscloud.com

ABOUT CALLIDUSCLOUD

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

The post CallidusCloud Kicks Off Customer Conference — C3 appeared first on CallidusCloud.

“Bob brings more than 30 years of executive and financial management experience in public and private companies, particularly in Silicon Valley with software and hardware companies earning more than $100 million in revenue annually.  Bob is highly experienced in all aspects of managing the financials of public companies, he has a strong history with the street, and a proven track record in developing and delivering communications regarding the companies he represents.  He also has strong corporate governance acumen and extensive mergers and acquisitions experience.  His operational skills are precisely what we need at this time in the Company’s development. I am thrilled to have him join our team,” said Mr. Stretch.

Prior to joining the Company, Mr. Corey served as the chief financial officer of FrontRange Solutions USA Inc., an enterprise software company, since May 2012.  Prior to FrontRange, he served in various roles at Extreme Networks, Inc., an Ethernet solutions company from July 2009 to March 2011, ultimately as interim chief executive officer and executive vice president and chief financial officer.  Prior to Extreme Networks, Mr. Corey held a variety of executive positions, including executive vice president and chief financial officer, at Thor Technologies, Inc., an enterprise software company, from May 2003 to January 2006.  Mr. Corey currently serves as a member of the board of directors and as chairman of the audit committee for Apigee Corporation, a private software development tools and services company.

Mr. Corey is replacing Ronald J. Fior, who has served as the Company’s Senior Vice President, Finance & Operations and Chief Financial Officer for the past ten years.  Mr. Fior will remain in his present role through the filing of the Company’s Form 10-Q for the first quarter of 2013, and will continue with the Company through July 31, 2013 to help ensure a smooth transition.

“I have been greatly impressed with CallidusCloud’s successful transition to SaaS. Their proposition of helping companies sell more, faster and the combination of SaaS products that address the urgent needs of sales and marketing divisions across the globe place them in a unique position to profitably grow as a category leader,” said Mr. Corey.

Note on Forward-Looking Statements

The forward-looking statements included in this press release, including discussion of our commercial prospects and performance reflect management’s best judgment based on factors currently known and involve risks and uncertainties. These risks and uncertainties include, but are not limited to, potential disruption of customer purchase decisions resulting from global economic conditions, timing and size of orders, potential material fluctuations in financial results and future growth rates, decreases in customer spending, uncertainty regarding purchasing trends in the SPM market, customer cancellations or non-renewal of maintenance contracts or on-demand services, our potential inability to manage effectively any growth we experience, uncertainty regarding the demand for and profitability of our on-demand services, increased competition or new entrants in the marketplace, and other risks detailed in Callidus’ reports filed with the Securities and Exchange Commission, including its Form 10-K for 2012. Actual results may differ materially from those presently reported. We assume no obligation to update the information contained in this release.

About CallidusCloud

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 1,800 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.

©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, LeadFormix, Litmos, the Litmos logo, 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.

Investor Relations Contact
Carolyn Bass and Steve Pasko
Market Street Partners
(415) 445-3238 or (415) 445-3232
cald@marketstreetpartners.com

Press Contact:
Giles House
CallidusCloud
925-251-2200
pr@calliduscloud.com

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