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Callidus Software Named to Software Magazine's 29th Annual Software 500Software Magazine Ranks Callidus as One of the World's Largest Software Companies for Seventh Consecutive Year (October 28, 2011)
PLEASANTON, CA -- (Marketwire) -- 10/28/11 -- Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 29th year.
"The 2011 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $541.5 billion worldwide for 2010, representing approximately 10 percent growth from the previous year's list," says John P. Desmond, editor of Software Magazine and Softwaremag.com. "The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners," Desmond says. "It is a quick reference of vendor viability. And the online version, to be posted soon at www.softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."
"We are honored to be included in the Software 500 this year, our seventh year in a row," said Lorna Heynike, Senior Vice President, Marketing, Callidus Software. "Our inclusion in the list illustrates the potent value proposition of our SaaS sales effectiveness solutions. The market is in need of better hiring solutions, better coaching solutions, better sales enablement tools, and mobile learning, as well as better commissions. This ranking provides recognition of our efforts to provide a worldwide leading brand in SaaS software -- delivering innovative, high-value solutions that build a decisive advantage to our customers."
The ranking is based on total worldwide software and services revenue for 2010. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.softwaremag.com, as well as from public documents. It is being released first in the digital publication, to be distributed in late September.
About Digital Software Magazine and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for more than 35 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About Callidus Software®
Callidus Software (NASDAQ: CALD) is the market and technology leader in Sales Performance Management (SPM). Callidus' award-winning SaaS platform -- the Callidus Cloud -- is a comprehensive SaaS suite designed to help businesses drive more effective selling at each stage of the sales talent lifecycle, from improved sales hiring -- the foundation of strong sales performance -- to improved campaign execution, to high frequency coaching and development. The Callidus Cloud suite includes Callidus' 100% multi-tenant, high-availability SaaS infrastructure; its Sales Selection, Sales Effectiveness, Sales Performance, and Learning modules; SPMConnect for data management; and Reporting & Analytics. Callidus Software powers more than 2.5 million users across the globe. For more information, please visit www.callidussoftware.com.
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