Qlik Partners with ServiceSource to Grow Recurring Revenue through Optimized Customer Success
March 28 2017 - 9:00AM
Business Wire
ServiceSource (NASDAQ: SREV), a global leader in outsourced
customer success and revenue growth solutions, has been selected by
Qlik Technologies Inc. (Qlik®), a
leader in visual analytics, to support Qlik’s continued market
success.
Under the terms of the global, multiyear agreement, Qlik will
leverage ServiceSource’s best-in-class technology capabilities,
global revenue delivery centers and multilingual recurring revenue
experts to further strengthen customer adoption, retention and
growth.
“The business intelligence industry is growing rapidly, and with
ServiceSource, we are even better able to capitalize on this
opportunity,” said Tim MacCarrick, CFO of Qlik. “By aligning with
ServiceSource, we are able to accelerate our global efforts to grow
current customer relationships, drive revenue through our
distribution network and scale key customer retention
processes.”
“Our engagement with Qlik is a great example of how successful,
innovative and forward-thinking organizations can work with
ServiceSource to recognize even more value from their install-base
customers and continue to efficiently grow their share of wallet in
an expanding market,” said Christopher M. Carrington, CEO of
ServiceSource. “We are excited about the partnership and look
forward to playing a key role in supporting Qlik’s ongoing growth
and success.”
To learn more about ServiceSource’s customer success and revenue
growth solutions, visit www.servicesource.com.
About ServiceSource
ServiceSource (NASDAQ:SREV) is a global leader in providing
outsourced, performance-based revenue growth and customer success
outcomes. ServiceSource’s Revenue-as-a-Service platform is designed
to measurably accelerate customer ROI by helping companies to more
efficiently and effectively find, convert, grow and retain their
B2B customer relationships. Trusted by more than 65 global market
leaders in the cloud/XaaS, software, technology hardware,
healthcare & life sciences and industrial sectors,
ServiceSource sells, manages or renews $9+ billion of revenue
annually on behalf of its clients. By leveraging a robust
technology suite, predictive data models and more than 3,000
revenue delivery professionals, only ServiceSource brings to market
over 15 years of expertise and the ability to drive recurring
revenue growth in 35 languages to more than 170 countries. To learn
more, visit www.servicesource.com.
About Qlik
Qlik is the leading visual analytics platform and the pioneer of
user-driven business intelligence. Its portfolio of cloud-based and
on-premise solutions meets customers’ growing needs from reporting
and self-service visual analysis to guided, embedded and custom
analytics, regardless of where data is located. Customers using
Qlik Sense®, QlikView® or Qlik Cloud®, gain meaning out of
information from multiple sources, exploring the hidden
relationships within data that lead to insights that ignite good
ideas. Headquartered in Radnor, Pennsylvania, Qlik does business in
more than 100 countries with over 40,000 customers globally.
Forward-Looking Statements
This press release contains forward-looking statements,
including statements regarding ServiceSource’s business
opportunities, challenges, and market position. 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 our forward-looking statements.
Those risks and uncertainties include: a decline in client
renewals, the loss of one or more of our key clients, or our
clients not expanding their relationships with us; that the market
for our solution is underdeveloped and may not grow; errors in
estimates as to the renewal rate improvements and/or service
revenue we can generate for our customers; changes in market
conditions that impact our ability to sell our solutions 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; 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; our ability to achieve our expected benefits from
international expansion; our ability to protect our intellectual
property rights; the risk of claims that our offerings infringe the
intellectual property rights of others; 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/ServiceSourcehttp://twitter.com/servicesourcehttp://www.linkedin.com/company/servicesourcehttp://www.youtube.com/user/ServiceSourceMKTG
Trademarks
ServiceSource®, and any ServiceSource product or service names
or logos above are trademarks of ServiceSource International, Inc.
Qlik®, Qlik Sense®, QlikView®, Qlik Cloud® are trademarks of
QlikTech International AB which have been registered in multiple
countries. All other trademarks used herein belong to their
respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20170328005411/en/
Media Contact for ServiceSourceMonica Petraitis,
720-457-8177mpetraitis@servicesource.com
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