CallidusCloud explained
Callidus Software Inc., formerly CallidusCloud, is an enterprise software and software as a service (SaaS) company headquartered in Dublin, California. The company markets services for sales effectiveness, sales management and sales execution (CPQ, CLM) software and services.
History
Origins
Callidus Software Inc. was incorporated in Delaware on September 6, 1996[4] by founders Andrew Swett and Scott Kitayama to provide Enterprise Incentive Management (EIM) application systems. Initial funding came from Onset Ventures. The first hire was former Chief Architect Greg Holmberg, followed by former President and CEO Reed D. Taussig.
In November 2003, the company had its Initial public offering on the Nasdaq National Market under the stock symbol CALD, raising US$70 million.[5]
Following consecutive missed street expectations and management departures, Robert Youngjohns was appointed CEO in April 2005. [6]
Youngjohns quickly stabilized the business and developed the Sales Performance Management (SPM) proposition which elevated the company's relevance to enterprise customers. He recruited Leslie James Stretch and other key executives.
Leslie James Stretch was appointed CEO at the end of 2007. Stretch led the company for 11 years through the transition to Saas and subsequent sale to SAP in 2018.[7] After acquiring Litmos in June 2011,[8] Callidus Cloud adopted the name Litmos. After being acquired by SAP in 2019, the product's name changed again to SAP Litmos.[9]
On January 30, 2018, it was announced that the company SAP had acquired CallidusCloud for $2.4 billion.[10]
Products and services
CallidusCloud provides Software as a Service (SaaS) products for marketing and sales effectiveness. This includes applications to identify business leads, ensure proper territory and quota distribution, enable sales forces, as well as other features. The company offers applications for customer satisfaction monitoring, sales gamification, and a learning management system including content authoring system.Callidus' partner companies include Adobe, Accenture, SpectrumTek and Canidium LLC.
Awards and recognition
- 2019 Gartner Magic Quadrant - A 6x Leader In The Sales Performance Management Market.[11]
- 2018 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.[12]
- 2017 Stevie Awards 14 Gold Stevie Awards in the American Business Awards and 56 wins in total, including the Stevie for Customer Service Department of the Year, Management Team of the Year, Company of the Year, Fastest Growing Company of the Year, Tech Innovator of the Year and Executive of the Year.[13] [14]
- 2017 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.[15]
- 2017 Forrester Research: Configure-Price-Quote [16]
- 2016 Stevie Awards 6 Gold Stevie Awards in the American Business Awards and 41 wins in total, including the Stevie for Organization of the Year.[17]
- 2016 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.[18]
- 2015 Stevie Awards 6 Gold Stevies in the 2015 International Business Awards[19] [20] and Gold winner in Executive of the Year category in the American Business Awards.[21]
- 2015 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.[22]
- 2014 Stevie Awards 4 Gold Stevies in the 2014 International Business Awards and 14 wins total in the American business awards.[23] [24]
- 2013 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.[25]
- 2013 Stevie Awards Gold 'Grand Stevie' for the 10 most successful companies and 19 wins in total across the international and American business awards.[26] [27]
- 2012 Stevie Awards Best Cloud App/Service, Best Financial Management Solution for its Sales Effectiveness Suite.[28]
- 2012 Codie award - Best Cloud Application/Service, Human Capital Management Solution, Financial Management Solution[29]
- 2011 Codie award - Best Cloud Infrastructure Application[30]
External links
Notes and References
- Web site: Form 10-K Callidus Software Inc 10-K - Annual report .
- Web site: CallidusCloud Investor Relations.
- Web site: Financial Statements for Callidus Software, Inc. . Nasdaq . September 15, 2016.
- Web site: Company Profile: Callidus Software Inc (CALD.O) . Thomson Reuters . August 11, 2013 . March 4, 2016 . https://web.archive.org/web/20160304141203/http://www.reuters.com/finance/stocks/companyProfile?symbol=CALD.O . dead .
- Web site: CALLIDUS SOFTWARE INC (CALD) IPO . Nasdaq . November 20, 2003 . August 11, 2013 .
- Web site: Former sales head leaves Sun . CNET . April 29, 2007 . January 2, 2024.
- Web site: Callidus Shares Down after CEO hired by Microsoft . Reuters . November 20, 2007 . December 29, 2023.
- Web site: December 31, 2012. SEC CallidosCloud Annual Report. 2020-11-19. www.sec.gov.
- Web site: Litmos Online Learning Software & Learning Management System. 2020-11-19. SAP Litmos. en-US.
- Web site: SAP snags CallidusCloud for $2.4 billion . TechCrunch . January 30, 2018 . January 30, 2018 .
- Web site: 2018 Gartner SPM Magic Quadrant Sales Performance Management Calliduscloud . www.calliduscloud.com . dead . https://web.archive.org/web/20180201162614/https://www.calliduscloud.com/gartner-magic-quadrant-spm-lp/ . 2018-02-01.
- News: GARTNER MQ FOR SALES PERFORMANCE MANAGEMENT . 2018-01-15 . 2019-01-16.
- Web site: 2017 Company / Organization Award Winners | Stevie Awards .
- Web site: CallidusCloud Strikes Gold as Mary Ainsworth Wins 'Woman of the Year' at the 2017 American Business Awards . 2 May 2017 .
- CallidusCloud Positioned as a Leader in Gartner's 2017 Magic Quadrant for Sales Performance Management . 2017-04-04 . 2017-05-08.
- Web site: The Forrester Wave™: Configure-Price-Quote Solutions, Q .
- Web site: CallidusCloud Wins Grand Stevie® Award for Organization of the Year in 2016 American Business Awards .
- CallidusCloud Positioned as a Leader in Gartner's 2016 Magic Quadrant for Sales Performance Management . 2016-01-25 . 2016-02-19.
- Web site: CallidusCloud Wins Stevie Award at 12th annual International Business Awards . 2015-10-30 . 2015-12-10 . https://web.archive.org/web/20151222075129/http://www.stevieawards.com/pubs/iba/awards/408_2952_26288.cfm . 2015-12-22 . dead .
- CallidusCloud Has Midas Touch in the 2015 International Business Awards . 2015-08-13 . 2015-12-10 . https://web.archive.org/web/20151222105314/http://www.calliduscloud.com/about-us/press-releases/pr-feed/calliduscloud-has-midas-touch-in-the-2015-international-business-awards/ . 2015-12-22 . dead .
- Web site: Callidus Software wins a Stevie Award at The 2015 American Business Awards . 2015-09-11 . 2015-12-10.
- CallidusCloud Positioned as a Leader in the 2015 Gartner Magic Quadrant for Sales Performance Management . 2015-01-08 . 2015-12-10.
- CallidusCloud Turns Lead to Money Into Gold in the 2014 International Business Awards . 2014-08-19 . 2014-11-11 . https://web.archive.org/web/20141103010027/http://calliduscloud.com/about-us/press-releases/pr-feed/calliduscloud-turns-lead-to-money-into-gold-in-the-2014-international-business-awards/ . 2014-11-03 . dead .
- Web site: Stevie Award Winners in The 2014 American Business Awards . 2014-09-13 . 2014-11-11.
- CallidusCloud Positioned as Leader in Magic Quadrant for Sales Performance Management . 2013-09-09 . 2013-10-09.
- CallidusCloud Scoops Ten American Business Awards . 2013-09-19 . 2013-10-09.
- Web site: Stevie Awards . 2013-10-16.
- CallidusCloud Scoops Wins 6 Times in 2012 American Business Awards . 2012-09-24 . 2013-10-09.
- Web site: 2012 CODiE Finalists. 2013-10-09. https://web.archive.org/web/20130804010801/http://www.siia.net/codies/2012/finalists.asp#. 2013-08-04. dead.
- Web site: 2011 CODiE Finalists. 2013-10-09. https://web.archive.org/web/20131003000346/http://www.siia.net/codies/2011/finalists.asp#. 2013-10-03. dead.