Positioned Highest for Ability to Execute and Furthest for Completeness of Vision

CallidusCloud in the Leaders Quadrant for the Fourth Consecutive Report

DUBLIN, Calif., April 04, 2017 (GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, has been positioned highest for ability to execute and furthest for completeness of vision, placing it in the leaders quadrant of the Gartner Inc. Magic Quadrant for Sales Performance Management.

“We believe CallidusCloud’s ongoing leadership position in the Sales Performance Management Magic Quadrant further validates our view that a powerful, connected Lead to Money strategy will transform sales performance and help you sell more, faster,” said Giles House, EVP and chief marketing officer, CallidusCloud. “We have delivered unmatched innovation in our industry to the world’s biggest brands and continue to blaze a trail with our latest release of Thunderbridge, that enables customers to unlock the power of their incentives and commissions data, transforming the compensation manager into a critically important sales performance analyst.”

According to Gartner’s market definition, “SPM is a suite of operational and analytical functions that automate and unite back-office operational sales processes. It is implemented to improve sales execution and operational efficiency. Capabilities include sales incentive compensation management (ICM), objective management, quota management and planning, territory management and planning, advanced analytics, and gamification.”

Gartner’s full SPM Magic Quadrant report is available here.

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.

Gartner, Magic Quadrant for Sales Performance Management, 28 March 2017.

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. More than 5,200 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.

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