ServiceSource Continues Nashville Expansion with the Creation of 100 New Jobs
August 28 2014 - 11:00AM
Business Wire
ServiceSource bolsters its Nashville presence
as the third largest technology employer while building a bridge
with Silicon Valley’s largest companies
At a press conference today with Nashville Mayor Karl Dean and
the Chamber of Commerce, ServiceSource announced plans to expand
its Nashville sales center and create 100 full-time permanent jobs
to support its rapidly growing customer base. With now over 800
local employees, ServiceSource is the third largest technology
employer in the greater Nashville area. The Nashville sales center
also supports many major Silicon Valley-based customers, providing
a unique high-tech linkage with the San Francisco Bay Area.
“For more than six years, ServiceSource has been a strong
partner with Nashville, providing both employment opportunities and
philanthropic support to the local community,” said Nashville Mayor
Karl Dean. “Their presence here has added energy to our already
vibrant downtown, and their plans for 100 new jobs speak to the
economic vitality of our city. In working with some of the biggest
technology companies in the world, ServiceSource’s local success is
a testament to Nashville’s emerging tech sector.”
ServiceSource first opened an office in Nashville in 2008 with
20 employees and rapidly expanded its presence in 2012 as part of
Governor Bill Haslam's jobs drive. With a fast growing business,
the company’s local headcount has expanded over the past three
years from 500 employees to over 800. Today, the Nashville office
represents ServiceSource’s largest sales center, and occupies eight
floors across 120,685 square feet in the ServiceSource tower, which
has become a distinctive fixture on the Nashville skyline.
“Nashville is an emerging technology hub in the United States,”
said Grant Clarke, Vice President of Selling Services at
ServiceSource. “Nashville’s vibrant culture and entrepreneurial
spirit are key ingredients to building a dynamic workforce. Without
the continued support from the city of Nashville, we could not have
grown and scaled in such a short period of time to meet the needs
of our customers.”
With the infusion of 100 new employees, ServiceSource plans to
hire sales representatives and other support staff that manage
service contract and subscription renewals for over 40 hardware,
software, SaaS, and healthcare technology companies. Current
customers supported from the Nashville sales center include Adobe,
Affymetrix, Beckman Coulter, Cardiac Science, Gerber, Google and
Siemens. As Nashville emerges as a new hub of technology innovation
in the United States, ServiceSource provides a unique connection
with many of these prominent tech brands based in Silicon Valley
and the San Francisco Bay Area.
About ServiceSource
ServiceSource International, Inc. (NASDAQ: SREV) is the global
leader in cloud-based recurring revenue management solutions. The
company helps customers drive growth and build long-standing
relationships across the customer lifecycle with the industry's
most comprehensive data management, analytics, automation and
services capabilities. Through Renew OnDemand®, Scout® and proven
services, ServiceSource delivers higher subscription, maintenance,
and support revenue, improved customer retention, and increased
business predictability. Headquartered in the Cloud Corridor of San
Francisco, ServiceSource® manages $14.5 billion in recurring
revenue for the world's largest and most respected technology and
B2B companies. For more information, please go
to www.servicesource.com.
Forward-Looking Statements
This press release contains forward-looking statements,
including statements regarding the benefits
of ServiceSource offerings, our managed services, our
Renew OnDemand cloud platform and application, and/or our Scout
application. These forward-looking statements are based on our
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, fluctuations in our quarterly results of operations;
the risk of material defects or errors in our software offerings or
their failure to meet customer expectations; migrating customers to
Renew OnDemand; the ability to integrate Renew OnDemand or Scout
with other third-party applications used by our customers; errors
in estimates as to the renewal rate improvements and/or service
revenue we can generate for our customers; our ability to grow the
market for service revenue management; 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 or Scout solution and/or generate service revenue on our
customers' behalf; the possibility that our estimates of service
revenue opportunity under management and other metrics may prove
inaccurate; demand for our offering that falls short of
expectations; our ability to keep customer data and other
confidential information secure; 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.
Connect with ServiceSource:
http://www.facebook.com/ServiceSource
http://twitter.com/servicesource
http://www.linkedin.com/company/servicesource
http://www.youtube.com/user/ServiceSourceMKTG
Trademarks
ServiceSource, Renew OnDemand, Scout and
any ServiceSource product or service names or logos above
are trademarks of ServiceSource International, Inc. All other
trademarks used herein belong to their respective owners.
Media Contact for ServiceSourceServiceSourceEbony
Lincoln, 615-523-5094elincoln@servicesource.comorServiceSourceRandy
Brasche, 415-901-7719rbrasche@servicesource.com
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