CallidusCloud Announces Strategic OEM Agreement with SAP to Deliver Integrated Sales Performance and CPQ Solutions to Help Customers Sell More, Faster
(Thomson Reuters ONE) -
DUBLIN, Calif., Jan. 17, 2017 (GLOBE NEWSWIRE) -- Callidus Software
Inc. (NASDAQ:CALD), a global leader in cloud-
based sales, marketing, learning and customer experience solutions, announced
today a new strategic OEM agreement with SAP to help customers sell more, faster
with integrated solutions to drive sales performance, productivity and
effectiveness.
"SAP customers across every industry and geography are looking to leverage the
digital economy to increase sales, reduce costs and gain greater insights into
their sales performance data," said Steve Erdman, SVP and general manager, ISV,
Cloud and Platform Partnerships, SAP. "Through our partnership, we've
experienced first-hand how CallidusCloud can help boost sales performance and
eliminate complexity from the sales process and increase value to customers."
"This new agreement, inked in Q4 2016, means that customers across the world
will be able to leverage the power of our market-leading Commissions, CPQ and
CLM solutions integrated within SAP applications," said Eric Brown, EVP
Enterprise Sales, CallidusCloud. "We are excited about this new go-to-market
opportunity. This agreement allows us to work alongside SAP to deliver sales
performance excellence to enterprise customers who expect world-class cloud
sales solutions."
The initial focus of the program will be the integration of
CallidusCloud's Commissions, Configure Price Quote (CPQ) and Contract Lifecycle
Management (CLM) solutions with SAP® solutions, leveraging the power of SAP
HANA® Cloud Platform. The collaborative go-to-market approach is intended to
enable a wide new audience of businesses to streamline incentives, increase
quotes and accelerate contracts, to make more money faster.
The integrations will help enable companies to quickly develop and deploy
packaged integrations between CallidusCloud and SAP products, helping reduce
integration costs and accelerate customers' time to revenue while increasing
ROI.
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. Approximately 5,000 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 potential benefits of any partnership, 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 our most recent Quarterly Report on Form 10-Q which may be
obtained by contacting CallidusCloud's Investor Relations department at
415-445-3232, or from the Investor Relations section of CallidusCloud's website
(http://www.calliduscloud.com/about-us/investor-relations/).
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are
forward-looking statements as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect,"
"forecast," "intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to identify such
forward-looking statements. SAP undertakes no obligation to publicly update or
revise any forward-looking statements. All forward-looking statements are
subject to various risks and uncertainties that could cause actual results to
differ materially from expectations The factors that could affect SAP's future
financial results are discussed more fully in SAP's filings with the U.S.
Securities and Exchange Commission ("SEC"), including SAP's most recent Annual
Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of their
dates.
©2017 Callidus Software Inc. All rights reserved. Callidus, Callidus Software,
the Callidus Software logo, CallidusCloud, the CallidusCloud logo are
trademarks, service marks, or registered trademarks of Callidus Software Inc.
SAP, SAP HANA and other SAP products and services mentioned herein as well as
their respective logos are trademarks or registered trademarks of SAP SE (or an
SAP affiliate company) in Germany and other countries.
See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional
trademark information and notices. All other product and service names mentioned
are the trademarks of their respective companies.
Media Relations Contact
Chris Bucholtz
CallidusCloud
925-251-2200
pr(at)calliduscloud.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Callidus Software via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 17.01.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 518085
Anzahl Zeichen: 6117
contact information:
Town:
Dublin, CA
Kategorie:
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