CallidusCloud

The SAP Sales Cloud, 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.

Origins
Callidus Software Inc. was incorporated in Delaware on September 6, 1996 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.

Following consecutive missed street expectations and management departures, Robert Youngjohns was appointed CEO in April 2005.

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. After acquiring Litmos in June 2011, Callidus Cloud adopted the name Litmos. After being acquired by SAP in 2019, the product's name changed again to SAP Litmos.

On January 30, 2018, it was announced that the company SAP had acquired CallidusCloud for $2.4 billion.

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.
 * 2018 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.
 * 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.
 * 2017 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.
 * 2017 Forrester Research: Configure-Price-Quote
 * 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.
 * 2016 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.
 * 2015 Stevie Awards 6 Gold Stevies in the 2015 International Business Awards and Gold winner in Executive of the Year category in the American Business Awards.
 * 2015 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.
 * 2014 Stevie Awards 4 Gold Stevies in the 2014 International Business Awards and 14 wins total in the American business awards.
 * 2013 Gartner Magic Quadrant - A Leader In The Sales Performance Management Market.
 * 2013 Stevie Awards Gold 'Grand Stevie' for the 10 most successful companies and 19 wins in total across the international and American business awards.
 * 2012 Stevie Awards Best Cloud App/Service, Best Financial Management Solution for its Sales Effectiveness Suite.
 * 2012 Codie award - Best Cloud Application/Service, Human Capital Management Solution, Financial Management Solution
 * 2011 Codie award - Best Cloud Infrastructure Application