Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

New Business Win: Callidus Software Continues Strong Momentum and Signs Top-Ten Pharma Customer in Groundbreaking SaaS Deal

Wed. October 07, 2009; Posted: 07:00 AM
Stocks RSS

Look up the PowerRating of CALD and see how it has performed over the past week as well as the current proprietary PowerRating.

SAN JOSE, CA, Oct 07, 2009 (MARKETWIRE via COMTEX) -- CALD | Quote | Chart | News | PowerRating -- Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced it signed a major new customer for its on-demand Monaco suite. The agreement was signed in the third quarter of 2009.

"This SaaS deal will provide market-leading SPM services to a top-ten European pharmaceutical company. Serving 5,500 payees, this is a very significant deal for our Monaco suite in 2009. Monaco leads the SPM market with its unbeatable combination of ease of use and deep functionality, all delivered by Callidus On-Demand. SaaS is taking hold in the enterprise market. In deals like this, our solutions replace existing and inflexible legacy solutions and bring our customers enterprise SaaS from the SPM market-leader," said Jeff Saling, senior vice president of global sales at Callidus Software.

Now, more than ever, achieving cost efficiencies and driving performance is critical for delivering on results. Sales Performance Management (SPM) -- including incentive compensation management to control sales costs and performance management to drive sales growth -- provides the tools to power businesses to greater selling success.

The Callidus SPM Suite provides an end-to-end performance management platform. The suite enables businesses to optimize the sales lifecycle from sales on-boarding, to sales quota and plan deployment, to sales payment, lowering the overall cost of management and accelerating sales readiness. Callidus delivers a high ROI in a very short period of time by delivering timely insight to sales performance and channel operations, and the tools to quickly course correct to tune that performance.

For more news on sales performance management, follow Callidus on LinkedIn, Facebook and Twitter.

About Callidus Software(R)

Callidus Software (www.callidussoftware.com) (NASDAQ: CALD | Quote | Chart | News | PowerRating) is the market and technology leader in Sales Performance Management (SPM). Callidus' customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales execution. Our award-winning Software-as-a-Service (SaaS) applications set the standard for performance management across the sales force. Over 2 million employees and channel partners have their performance managed by Callidus Software.

Copyright 1998-2009 Callidus Software Inc. All rights reserved. Callidus Software, the Callidus Software logo, Callidus TrueAnalytics, TrueChannel, 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 Callidus Software 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.

Press Contact:
Jock Breitwieser
Callidus Software Inc.
(408) 975-6683
pr@callidussoftware.com


SOURCE: Callidus Software Inc.

mailto:pr@callidussoftware.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.