ServiceSource Honored to Win Two 2013 Stevie(R) Awards for Helping Customers
Maximize Recurring Revenue
Silver Award for Sales or Customer Service Solutions Technology
Partner; Bronze Award for Renew OnDemand(TM) as Best New Business
SAN FRANCISCO, CA -- (Marketwire) -- 02/26/13 -- ServiceSource(R)
(NASDAQ: SREV), the global leader in recurring revenue management,
was honored with two awards at the seventh annual Stevie Awards for
Sales & Customer Service. ServiceSource was presented with a silver
Stevie(R) Award in the Sales or Customer Service Solutions Technology
Partner of the Year category, and a bronze Stevie(R) Award for Renew
OnDemand(TM) in the Best New Business Intelligence Solution category.
The Stevie Awards for Sales & Customer Service are the world's top
sales awards, contact center awards, and customer service awards. The
Stevie Awards organizes several of the world's leading business
awards shows including the prestigious American Business Awards (SM)
and International Business Awards (SM).
"Receiving not one, but two Stevie awards is strong validation for
the growing importance of recurring revenue in creating business
growth and bottom line results," said Mike Smerklo, chief executive
officer at ServiceSource. "As the company that created the world's
leading sales methodology designed specifically to drive recurring
revenue, being acknowledged as Technology Partner of the Year is
truly rewarding. And we are particularly proud that Renew OnDemand,
the only cloud application purpose-built to maximize recurring
revenue, has earned this recognition from the industry."
Renew OnDemand arms sales teams, executives, and channel partners
with a complete system to generate renewal, cross-sell and upsell
revenue from customer contracts and subscriptions. ServiceSource
designed Renew OnDemand to give companies unparalleled analytical
visibility into sales efforts, the ability to streamline renewal
activities, and the opportunity to consolidate and analyze their
customer data in real time.
Winning the bronze Stevie Award in the Best New Business Intelligence
Solution category confirms that the ground-breaking features of Renew
OnDemand serve a great need across industries, including technology,
software as a service, healthcare, life sciences and industrials.
"From our perspective this was the most successful Stevie Awards for
Sales & Customer Service yet," said Michael Gallagher, president and
founder of the Stevie Awards. "Not just because of the increase in
the number and variety of entries, but in the extraordinary quality
of the entries. All of this year's Stevie Award winners are truly
Details about the Stevie Awards for Sales & Customer Service and the
list of Stevie winners in all categories are available at
ServiceSource is the global leader in recurring revenue management.
The world's most successful companies rely on us to maximize
subscription, maintenance and support revenue, improve customer
retention and increase business predictability and insight.
ServiceSource delivers results with Renew OnDemand, the world's only
cloud application built specifically to manage and grow recurring
revenue, which can be combined with our industry-leading services.
With over a decade of experience focused exclusively in growing
recurring revenue, our services and applications are based on proven
best practices and global benchmarks. The company is headquartered in
San Francisco, and has over $8 billion under management for customers
in more than 150 countries and 40 languages.
ServiceSource, Renew OnDemand and any ServiceSource product or
service names or logos above are trademarks of ServiceSource
International, Inc. All other trademarks used herein belong to their
For more information on ServiceSource, visit
http://www.servicesource.com. To connect with ServiceSource, visit us
on Twitter, LinkedIn and YouTube.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business
Awards, The International Business Awards, the Stevie Awards for
Women in Business, and the Stevie Awards for Sales & Customer
Service. Honoring organizations of all types and sizes and the people
behind them, the Stevies recognize outstanding performances in the
workplace worldwide. Learn more about The Stevie Awards at
Sponsors and supporters of the 7th annual Stevie Awards for Sales &
Customer Service include the Business TalkRadio Network,
PrintingForLess.com, and ValueSelling Associates.
This press release contains
forward-looking statements, including statements regarding our Renew
OnDemand Cloud platform and application, its capabilities, its
overall benefits to customers, market demand for the offering, and
its ease of integration with other third-party applications that our
customers use. These forward-looking statements are based on the
Company's current assumptions and beliefs, and involve risks and
uncertainties that could cause our results to differ materially from
those expressed or implied in our forward-looking statements. Those
risks and uncertainties include, without limitation, the risk of
material defects or errors in the Company's software offerings; the
ability to integrate Renew OnDemand with other third-party
applications used by our customers; our ability to protect our
intellectual property rights; the risk of claims that our offerings
infringe the intellectual property rights of others; changes in
market conditions that impact our ability to sell the Renew OnDemand
solution and/or generate service revenue on our customers' behalf;
errors in estimates as to the renewal rate improvements and/or
service revenue we can generate for our customers; demand for our
offering that falls short of expectations; our ability to adapt our
solution to changes in the market or new competition; general
political, economic and market conditions and events; and other risks
and uncertainties described more fully in our periodic reports and
registration statements filed with the Securities and Exchange
Commission, which can be obtained online at the Commission's website
at http://www.sec.gov. All forward-looking statements in this press
release are based on information currently available to us, and we
assume no obligation to update these forward-looking statements.
Media Contact for ServiceSource:
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