Company: Callidus Software, Dublin, CA
Company Description: CallidusCloud enables its over 3700 customer companies 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.
Nomination Category: New Product & Service Categories - Education
Nomination Sub Category: New Product or Service of the Year - Education - Education Cloud-based Solution
Nomination Title: CallidusCloud's Litmos
Tell the story about this nominated product or service (up to 650 words). Describe its function, features, benefits, and performance to date:
The Litmos mobile learning platform is an integral part of CallidusCloud’s Lead to Money suite that provides employees, external partners and customers with the ability to engage with interactive learning content on any device, at any time. Litmos was an important contributor to CallidusCloud’s successful 2016, which saw:
•Addition of 1,000 new customers
•31 percent SaaS growth and profitability despite low marketing and sales spend relative to peers
•Multiple awards and inclusion in Gartner’s Magic Quadrant for Sales Performance Management
The Litmos mobile learning platform provides the ability to package content and tools into courses, distribute them to learning audiences and track engagement and completion rates. It's used by companies as diverse as Marketwired, ServiceMax and Gigya for all kinds of training. The key to its success is its simplicity; as a result, it’s the world's most user-friendly, mobile-friendly solution for e-learning. The platform offers the option of developing rich interactive learning content or choosing it from prepackaged mobile-friendly courses.
The solution is now used in 150 countries and by over 4 million users, a 33 percent gain in users over 2016. The number of course modules completed more than doubled in 2016, up to 30 million modules from 2015 the year before, and over 25 percent of them were consumed outside of working hours. Litmos received more than 1 billion total API calls in 2016.
In 2016, Litmos also added virtual reality and robotic telepresence capabilities, allowing it to reach new audiences and find new applications.
In late 2016, Litmos earned top spot in G2 Crowd’s Best Software for HR Teams lists for both enterprise and mid-market HR teams. Litmos also won the gold award for Best Advance in Learning Management Technology in the 2016 Brandon Hall Group Excellence in Technology Awards, along with a silver and a bronze award, and was named Best Cloud LMS in the eLearning Magazine Awards.
In bullet-list form, briefly summarize up to ten (10) of the chief features and benefits of the nominated product or service:
•User numbers increased from 3 million to 4 million in one year
•30 million course modules completed in 2016, up from 12 million in 2015
•One-fourth of all modules completed outside of work hours
•Litmos received more than 1 billion API calls, up from 600 million in 2015
•We increased SaaS revenue by 20% year over year, helping CallidusCloud to a record-breaking recurring revenue of $162.6 million for the year
•Sales pipeline has increased by 40% year over year
•CallidusCloud ended 2016 with $206.7 million in revenue and over 5000 customers
•Even with the rapid growth of customers, CallidusCloud has maintained a retention rate of over 90%