Positioned Again Highest for Ability to Execute and Furthest to the Right for Completeness of Vision

CallidusCloud in the Leaders Quadrant for the Fifth Consecutive Report

DUBLIN, Calif., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning, and customer experience solutions, has announced that CallidusCloud was named a Leader in the 2018 Gartner Magic Quadrant for Sales Performance Management, positioned again highest for ability to execute and furthest to the right for completeness of vision. This is the fifth consecutive report where CallidusCloud has been placed in the Leaders quadrant.

“We believe our continued position in the Leaders quadrant in Gartner’s Magic Quadrant for Sales Performance Management is a testament to the innovation, power, and capability of our Sales Performance Management Cloud. To us, the success of our customers, including some of the largest brands in the Global 1,000, attest to this unwavering commitment to innovation,” said Andres Botero, SVP, Alliances, Channels and Chief Marketing Officer, at CallidusCloud. “We are pioneering the next generation of Sales Performance Management with our Thunderbridge Augmented Intelligence (AI3) platform, which employs continuous machine learning to bring personalized recommendations for sales and sales operations managers, to completely transform performance and optimize millions of dollars of commissions spend.”

The CallidusCloud Sales Performance Management Cloud includes Commissions, Territory & Quota, SalesMotivate, as well as Thunderbridge Analytics and Augmented Intelligence (AI3). CallidusCloud’s Sales Performance Management Cloud is part of the larger Lead to Money suite, which enables the world’s leading companies to sell more, faster.

According to Gartner’s market definition, “SPM provides value from an end-user (sales representative/agent/payee) as well as an internal perspective, to improve sales execution and operational efficiency… SPM solutions provide functionality that is shifting the benefits customers receive from efficient execution to effectiveness and optimization of processes, due to advanced analytics capabilities such as artificial intelligence/machine learning now being available and specifically designed for SPM.”

Please find a complimentary copy of Gartner’s full SPM Magic Quadrant report here.

Gartner, “Magic Quadrant for Sales Performance Management,” Melissa A. Hilbert, Tad Travis, Julian Poulter, 15 January 2018.

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 multi-product strategy with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, speed up contract negotiations, properly recognize revenue under ASC 606, and streamline sales compensation—driving bigger deals, faster. Over 5,800 leading organizations, across all industries, rely on CallidusCloud to optimize their multi-product strategy to close more deals for more money in record time.

For more information, please visit www.calliduscloud.com.

© 2018 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Badgeville, BridgeFront, Clicktools, Datahug, iCentera, Lead to Money, LeadFormix, LeadRocket, Learning Heroes, Learnpass, Litmos, the Litmos logo, OrientDB, Producer Pro, RevSym, SalesGenius, Surve, Syncfrog, Thunderbridge, and ViewCentral 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.

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