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CALLIDUS SOFTWARE INC

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2017 10-K, filed Feb 28, 2018. Its latest SEC filing is a 15-12G from Apr 16, 2018.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Sells cloud software for sales and marketing operations, customer engagement, and workforce training to businesses across industries.

How Did They Make Money?

Customers typically buy annual or multi-year cloud subscriptions and pay over the subscription term. Professional services are billed by time and materials or a fixed fee as the work is performed.

revenue

Who Were Their Customers?

The company sells to businesses across industries, particularly telecommunications, insurance, banking, and technology. It uses an enterprise direct sales force and inside sales, and sells alongside partners that also refer customers and help serve them.

How Were They Changing?

Since the FY2017 annual report
  • Apr 5, 2018 SAP completed its acquisition of Callidus Callidus became a wholly owned subsidiary of SAP; shareholders received $36.00 per share in cash.

Grew. Revenue grew 2.3x in 4 years, from $112.3M in to $253.1M in , about 23% a year.

Moving away from on-premise commissions The older report lists term licenses among revenue sources; the latest says Callidus stopped selling on-premise commissions software and no longer earns license-fee revenue, while maintenance fees declined as customers moved to cloud commissions.

Who Did They Compete With?

Competes with Oracle, International Business Machines, Apttus, Pros, SAVO Group, Xactly, Marketo, Hubspot, Adobe Systems, Cornerstone On-demand, SABA Software, SumTotal Systems, Allegiance, Qualtrics, and Medallia

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