Quantcast
 
New ETF Book by Larry Connors - Click here to read more


 

Callidus Software Inc.: VIVODeploys Callidus Software TrueComp Solution for Sales Performance Management

Mon. June 15, 2009; Posted: 11:50 AM
Stocks RSS
SAN JOSE, Calif.,, Jun 15, 2009 (M2 PRESSWIRE via COMTEX) -- CALD | Quote | Chart | News | PowerRating -- Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), and CIS Corporate, Callidus Software's Latin American Reseller, today announced that VIVO (NYSE: VIV; BOVESP: VIV04) has successfully gone live with the CallidusSoftware TrueComp Manager, Callidus TrueAnalytics, TrueResolution , and TrueInformation software modules. VIVO is now leveraging Callidus Software's solutions to manage and optimize sales performance and incentive management for all of its direct and indirect sales representatives throughout Brazil.

Christiane Edington, CIO of VIVO, comments on the fast implementation and the delivery of requested software enhancements: "This relationship has been very professional from the outset and the finished product will enable us to better coordinate with our sales force and agents and give us a strong competitive advantage."

VIVO experiences strong growth in the vibrant Brazilian market place and anticipates significant expansion of its distributor channels by 2010. The company selected Callidus Software's line of products to put in place a strong control mechanism that will support that growth, provide sales with one view of their performance and enable tracking and speedy resolution of disputes.

"Our partnership with Callidus Software offers our joint customers unmatched SPM functionality and a breadth of products and applications that is unheard of for the Latin American market," said Christopher May, director general at CIS Corporation. "This convincing value proposition allows us to jointly win new customers and expand both of our businesses. The fact that projects like these go live on schedule in a record time frame is the best testimonial to the cooperation between partners. We are pleased to add a dynamic company like VIVO to our list of customers in Latin America."

The software will help VIVO align corporate objectives and sales strategy within the dynamic environment of the telecommunications market and its constant innovations to products and services. VIVO expects that the greater transparency gained from implementing the software will help its teams to further drive revenue and optimize profitability.

About Callidus Software

Callidus Software (www.callidussoftware.com, NASDAQ: CALD | Quote | Chart | News | PowerRating) is the market and technology leader in Sales Performance Management (SPM). Performance-based compensation is one of the largest investments for all companies. Callidus' customers gain a competitive advantage by maximizing the return on this strategic asset. Our award-winning Software-as-a-Service (SaaS) applications set the standard for pervasive performance management across the enterprise. Over 1.9 million employees and channel partners have their performance managed by Callidus Software.

About VIVO

As part of the Portugal Telecom and Telefonica Moviles Groups, VIVO is the largest cellular telephone operator in the Southern Hemisphere with more than 40 million customers in Brazil. The company is the leader of both the individual and corporate segments and provides solutions to the latter through its VIVO Empresas business unit.

VIVO's competitive leader is in its CDMA technology -- which is the basis of the Third Generation cellular telephone all over the world, according to International Telecommunications Union. (ITU). Add to this its coverage, modernity and the innovative nature of its voice and data transmission services, such as high-speed mobile Internet, video transmission and other formats of online communication.

About CIS Corporate

CIS Corporate is the leading provider of Corporate Performance Management Solutions in Latin America. With offices in Houston, Puerto Rico, Mexico, Colombia, Braziland Spain, CIS lists many of the Fortune 1000 as its clients. With extensive experience in Planning, Budgeting, Consolidation, Scorecarding and Management Reporting, CIS is proud to be CallidusA's partner in these exciting markets.

1998-2009 CallidusSoftware Inc. All rights reserved. CallidusSoftware, the CallidusSoftware logo, CallidusTrueAnalytics, TrueComp, TrueComp Grid, TrueComp Manager, TrueConnection, TrueFoundation, TrueInformation, TruePerformance, TruePerformance Index, TruePerformance Indicator, TrueMBO, TrueAllocation, TrueProducer, TrueQuota, TrueReferral, TrueResolution, TrueTarget and TrueService+ are trademarks, servicemarks, or registered trademarks of CallidusSoftware Inc. 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.

CONTACT: Bryony Beynon, Speed e-mail: Bryony.Beynon@speedcommunications.com Tel: +44 (0)20 7842 3270 Tel: +44 (0)7827 243022 WWW: http://www.speedcommunications.com Jock Breitwieser, Callidus Software Inc Tel: +1 408 975 6683 e-mail: pr@callidussoftware.com VIVO WWW: http://www.vivo.com.br/

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details for CALD click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [CALD]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.