Home Blog Page 5815

Kartesia Completes Strategic Investment in Sales Performance International

The Transaction Will Allow SPI, a Global Leader in Sales Performance Improvement, to Expand Key Strategies of the Business – Including Innovative Technologies to Accelerate Professional Sales Learning and Enablement.

Sales Performance International (SPI) announced that Kartesia has assumed an ownership position in SPI. Kartesia is a leading independent and privately-owned European financing fund specialized in financing small and middle-market companies and supporting management teams in developing their organizations.

The transaction will allow SPI, a global leader in sales performance improvement, to expand key strategies of the business – including innovative technologies to accelerate professional sales learning and enablement. After founding and leading SPI successfully for more than 25 years, CEO Keith Eades will be retiring from SPI. Effective immediately, former Chief of Global Operations Jürgen Heyman will assume the role of Chief Executive Officer.

Read More: SBS Group to Launch SalesConnect 365, a New Solution for Microsoft Dynamics 365 for Sales

Jürgen Heyman
Jürgen Heyman

According to Jürgen Heyman, “Like us, Kartesia sees a unique opportunity for a breakout player to emerge in the sales improvement marketplace. Our relationship with Kartesia will enable us to invest in specific innovation strategies to expand global market share and growth.”

SPI is ideally poised for this next phase of growth through continuing investment in digital learning content, cutting edge delivery and enablement technology, and extensive experience in global sales transformation.

Laurent Bouvier, Founding Partner at Kartesia, said, “SPI is a leading player in sales performance enhancement, with world class sales training content and methods. The company has unmatched capabilities which allow it to deliver added value through tailor made, large-scale, international sales performance improvement projects. We are confident that SPI’s management team is well positioned to grow the company geographically and to serve new industry verticals, whilst continuing to innovate to serve a growing demand for online and mobile training delivery and continuous learning. This will drive deeper sales performance improvement for its customers.”

Read More: Onvia Agrees To Be Acquired By Deltek

Location Data in Your Salesforce CRM: CARTO Brings Geospatial Data and Analytics to Salesforce Einstein Analytics

Salesforce CRM Users Can Leverage CARTO’s Geospatial Data and Analytics Linked with Salesforce Einstein Analytics

It would make an interesting stat for marketers to know how many new marketing opportunities from underserved locations are left unattended despite matching the best-performing territories. Modern marketers and sales professionals no longer have to deal with the lack of visibility in location data within CRM solutions. CARTO, a SaaS platform that offers location intelligence software has announced that Salesforce CRM users can leverage their geospatial data and analytics with Salesforce Einstein Analytics.

CARTO Adds Competitiveness to Your Business Data and Analytics

CARTO, a Salesforce Ventures portfolio company, is offering location intelligence and analytics to Salesforce Analytics to enable modern businesses to be competitive. Knowing the pulse of the traditional sales analytics tools, CARTO and Salesforce Analytics would ease the approach to making location-based decisions and capabilities more effective in sustaining the competitive edge.

CARTO
As customers seek more targeted sales and marketing campaigns that can only be made possible with location based insights, there is a need for more efficient and effective ways to gather and analyze that location data within CRM solutions.

Partnering with Salesforce to deliver location intelligence capabilities directly into Salesforce Einstein Analytics would mean that Salesforce customers can leverage CARTO Sales Quest for spatial analytics. CARTO’s spatial analytics links with internal and external data, enabling users to hunt for new business, foster expansion opportunities and deliver better service customers.

What is CARTO SalesQuest?

CARTO SalesQuest is a location-based Sales Analytics solution that applies spatial analysis and location data streams to your company’s sales CRM data, boosting your team’s sales performance.

By leveraging CARTO SalesQuest, sales leaders can find answers to—

  • If and where are the high-value opportunities within a team’s sales territory?
  • Where should teams hire, assign, and deploy additional field reps based on opportunity value?
  • Where could new potential customers be? Based, on open data about demographics or consumer trends?

Additionally, CARTO will also provide their customers an enhanced ability to see Einstein Analytics data within their CARTO workspace.

CARTO
With the new CARTO-Salesforce CRM integration, customers will benefit from highly-targeted, location-based outreach and marketing campaigns, more effective territory management and more efficient field sales and service activity with location intelligence directly embedded in their Einstein Analytics experience.

To participate in our Dreamforce TechBytes series or feature in our Guest Author Series, drop us a line at news@martechseries.com

SRAX Announces Private Placement of $5.18 Million with Existing Shareholders

SRAX Eliminates $3.14 Million in Accounts Payable and Liabilities

SRAX, an internet advertising and technology platform company that provides tools to automate the digital advertising market, announced that it entered into a definitive Securities Purchase Agreement with existing investors for the sale of an aggregate of approximately $5.18 million in principal amount of 12.5% Secured Convertible Debentures due on April 21, 2020, and 863,365 Series A Warrants to purchase Class A common stock with a 5 year term. The Company estimates gross proceeds from the offering to be approximately $5.18 million.  The Debentures will be secured, pari passu, with the investors’ prior debentures issued in the company’s April 2017 offering. The Debentures and Warrants are initially convertible and exercisable at $3.00 per share subject to anti-dilution protection as more fully described in a Form 8-K to be filed.

“We believe this financing demonstrates our investors’ confidence in our growth strategy. We have improved our financial position and continue to be committed to delivering the most effective platform offerings to our customers for their marketing needs,” stated Christopher Miglino, Chief Executive Officer, SRAX.

The company expects to use the net proceeds to satisfy an approximate $1.57 million obligation under a warrant issued in October 2014 and for general corporate purposes. After payment of the obligation, the warrant issued in October 2014 will be cancelled.

The transaction is exempt from registration under the Securities Act of 1933, as amended.   Pursuant to a Registration Rights Agreement, the company has agreed to file a registration statement for the shares underlying the Debentures and Warrants within 30 days.

Chardan Capital Markets acted as lead placement agent and Aspenwood Capital as co-agent on this transaction.

The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

Vendasta Wins Trifecta at SIINDA Industry Excellence Awards 2017

Gold in ‘Solution that leads to Transactions’ – Silver in ‘Technology’– Bronze in ‘B2B’

Vendasta, the leading platform for selling digital solutions to local businesses, is delighted to announce that SIINDA, the Search and Information Industry Association, has honored Vendasta with three Industry Excellence Awards.

Member companies of SIINDA were recognized for their outstanding results with their product or services in mixed media, local search innovation, and technology. The annual awards banquet was held in Valencia, Spain as part of the SIINDA’s Media Tech Conference. The judging panel consisted of independent industry experts and media professors from throughout Europe.

SIINDA granted Vendasta three awards—the Gold Industry Excellence Award for a ‘Solution that Leads to Transaction’ for the Vendasta Snapshot Report, the Silver Industry Excellence Award in ‘Technology’ for the Vendasta Platform, and the Bronze award in ‘B2B’ again for their Snapshot Report.

Vendasta provides agencies with white label marketing tools that they can brand as their own and resell to their local business customers. These tools include online reputation management, social media management, mobile-ready websites, and local listing management. Vendasta also offers a marketplace of rebrandable products that empowers agencies to acquire, retain, and grow customers.

The Snapshot Report is the crown jewel of Vendasta’s platform. It scans the online presence of local businesses and shows them how they’re performing in five key areas: listings, reviews, websites, social, and advertising. As a lead generation tool, its benefits are threefold. First, it sparks opportunities for agencies to strike conversations with prospects about their needs and helps them build credibility as a trusted expert. Second, it brings attention to urgent issues that local businesses may not know they have, thus creating dissonance and sparking an immediate demand for solutions. Third, the process leverages big data and automation to remove as much effort from the sales process as possible. This reduces the time it takes agencies to research businesses they want to prospect and allows them to devote more time to selling, ultimately lowering their cost of acquisition.

Brendan King
Brendan King

CEO, Brendan King said, “It’s always fantastic to win an award, but to earn the trifecta of awards like this is a true honor. We are very proud of the Vendasta platform and our Snapshot Report, and want to continue to provide the best for our partners. We are always working to enhance the solutions we offer to agencies in order to help them help local businesses get found first in the competitive digital space. We work with leading edge technology and a team that is passionate about making our platform more effective, more efficient, and the #1 digital solutions platform for local businesses.”

Local businesses lack the time and resources to keep up with the online marketing they need to compete. At the same time, local agencies and media companies are challenged to provide relevant offerings and to sell them into the market in a profitable and efficient way. Vendasta’s creative approach brings the most comprehensive and efficient way to prospect, nurture, and convert new business.

The recognition at SIINDA come days after Vendasta received an Achievement for Business Excellence Award (ABEX) for Exports. This was awarded for demonstrating exceptional performance in exporting Saskatchewan goods or services nationally and internationally. Furthermore, Vendasta was also recently selected as one of the Top 10 Finalists in the Private Business Growth Award.

Lead Liaison and iDonate Partner to Provide a Better Way to Collect Giving for Nonprofits

Lead Liaison and iDonate Join Forces To Give Nonprofits The Tools They Need To Collect Data From Online Donor Submissions

Nonprofit organization, United Way, needed a better way to educate, interact with, and care for their online donors. A partnership between sales and marketing solution provider, Lead Liaison, and full-service digital fundraising platform, iDonate, made United Way’s vision a reality in case study released this week.

How the Integration Works 
When a donation is made, data is collected via iDonate’s web form. The integration with iDonate’s web form and Lead Liaison’s marketing automation suite allows United way to create a new Prospect if one does not already exist, or use an existing Prospect, and record the donation in Lead Liaison.

iDonate forms were then integrated to work with Lead Liaison’s Custom Activities in order to track name, description, donation amount, and form ID. Doing this allows the donation to be associated with a visitor’s activity and profile. The nonprofit organization can now track donor interests, including page visits, document downloads, tracking URL clicks, social post engagement, email engagement, video engagement, and more. With this enhancement, donations become another activity in the overall engagement profile of a donor. Profiles continue to evolve through the donor lifecycle.

Why is This Important for Nonprofits? 
Knowing much more about donors makes it easier for nonprofits to communicate with their audience, increase brand awareness, and consequently increase donations. In addition, this integration also allows nonprofits to retarget people who visit the donation page, but do not donate. United Way, for example, designed a process so that if someone visits a donation page and doesn’t donate within one hour, an email is sent asking them to reconsider. If they do donate, or if they received an email through Lead Liaison in the last three days, that request will not be sent.

Results Matter 
United Way can use the information collected to do more omni-channel marketing within Lead Liaison, all initiated from a donation. Lead Liaison and iDonate help United Way make sure there is no lead left behind. As a result, United Way is up 57% in donations for the trailing five month period (April 15, 2017 – September 13, 2017) against the same time period one year ago (April 15, 2016 – September 13, 2016).
iDonate makes digital fundraising easy for nonprofits with a digital fundraising platform and fundraising services to raise more money with less work.
Lead Liaison provides cloud-based sales and marketing automation solutions that helps businesses accelerate revenue by attracting, converting, closing and retaining more prospects. They recently announced a fully-integrated solution for using marketing automation with Microsoft Dynamics 365.

TouchPoint One Employee Engagement Solution Gets 2017 CUSTOMER Contact Center Technology Award

Treasure Hunt Has Been Selected For Demonstrating Innovation, Quality And Unique Features Which Have Had A Positive Impact On The Customer Experience

TouchPoint One, the leading provider of employee engagement and performance optimization solutions, announced that TMC, a global, integrated media company, has named Treasure Hunt as a 2017 Contact Center Technology Award winner, presented by CUSTOMER magazine.

Rich Tehrani
Rich Tehrani

“Congratulations to TouchPoint One for being awarded a 2017 CUSTOMER Contact Center Technology Award. Treasure Hunt has been selected for demonstrating innovation, quality and unique features which have had a positive impact on the customer experience. We’re pleased to recognize their achievement,” Rich Tehrani, CEO, TMC said.

Treasure Hunt is an employee reward and incentive solution that transforms routine performance achievement and skills development processes into captivating and empowering interactive experiences. Treasure Hunt leverages performance analytics and engaging thematic dashboards enhanced with game mechanics and social enterprise features to help employees perform smarter, happier and with greater support and confidence. Performance and reward scoring is based on KPI or balanced scores sourced in real-time from the Acuity Performance Management Platform and/or other commercial or internal BI platforms and data sources.

Greg Salvato
Greg Salvato

“Overcoming turnover, absenteeism, employee morale and other key challenges requires more than savvy analytics and big data, but deep consideration about how intelligence is delivered and made useful to front-line personnel and managers. Employees appreciate Treasure Hunt because it animates their quest for performance excellence with an entertaining expedition for gems, riches and glory. We are honored to be recognized by TMC and accept this 2017 Contact Center Technology Award,” Greg Salvato, CEO,  TouchPoint One said.

This 12th-annual Contact Center Technology Award, presented by CUSTOMER Magazine, honors vendors and technologies that have embraced technology as a key tool for customer service excellence. This award distinguishes their success as innovators, thought leaders, and market movers in the contact center and customer care industries.

Acuity was developed by veteran call center executives seeking a comprehensive, intuitive, enterprise-grade performance management solution. Their desire to efficiently measure, monitor and support agents and thereby increase customer satisfaction and maximize overall business performance could not be met by any solution available – so they built it.
From the ground-up, Acuity was conceived and designed specifically for contact centers and the people accountable for their performance.

Targus Deploys Entomo’s Channel Management Cloud to Super-Charge Sales Productivity

SaaS Solution Untangles Multi-Tier Channel Visibility Snafus

Entomo, Inc, the leading provider of cloud-based Channel Control and Revenue Management (cCRM) solutions, announced that Targus, Inc. has successfully deployed the POS Data Management, Sales Credit Assignment and Channel Analytics modules of Entomo’s SmartHub platform.

The solution automates and streamlines POS processing and reconciliation of Point of Sale (POS) data from Targus’ distributors, OEMs, DMRs, retailers and etailers. Analytics and Dashboards provide real-time channel insight. The enhanced data is then used to pay sales commissions, reward partners and engage with end customers. Complete automated audit trails enable quick resolution of any disputes raised by partners or sales reps.

“For the first time, we can really see what’s going on in the different tiers of the channel. We can now ensure that sales results are aligned with sales strategies and allocate our resources accordingly,” Keith Braesch, Vice President of Sales, Targus said.

Handling multi-tier channel data is inherently complex. With previous vendors, Targus experienced a number of data quality and timeline issue, including duplicated or missing data and incorrect assignments. With Entomo’s automated approach to channel management, error-prone manual processes have been completely eliminated and turnaround times greatly reduced.

Sanjoy Chatterji
Sanjoy Chatterji

“Entomo is the best-kept secret in Channel Management. Instead of marketing hype, we have focused our efforts on developing superior technology. This technology, coupled with a team of channel-savvy analysts, allows us to provide a repeatable and scalable process that helps our customers maximize revenues through the channel,” Sanjoy Chatterji, Founder and CEO, Entomo said.

As a result of Entomo’s Channel Management solution, some of the benefits reaped by Targus are:

  • Increased Gross Margins and Revenues
  • Improved Sales Rep Productivity and Channel Partner Relationships
  • Streamlined Sales Operations
  • Improved Product Lifecycle Management
  • On-Demand 360-Degree View of Channel
Bo Mahoney
Bo Mahoney

“Entomo’s solution enables us to analyze historical sales trends and rebalance territories, which in turn allows us to demand greater accountability from our reps. In addition, we can now tie channel performance directly with various sales campaigns, previously we were just guessing. Entomo’s solution makes me look really smart!” Bo Mahoney, Director of Enterprise Sales, Targus said.

Entomo helped Targus untangle multi-tier distribution channel information eliminating double counting and missed sales. A suite of pre-configured analytics provide Targus a complete view of the channel.

“I am a numbers guy. I need to be able to create my own analytics and look at things as and when I need to. On certain occasions I take aggregated data to determine one-off rebates to certain partners. On other occasions, when I suspect inconsistencies in the data reported by certain distributors, Entomo’s analytics and drill-down capability allow me to pinpoint exactly where the partner has mis-reported POS,” Ty Smith, Director of Channel Sales, Targus said.

Today, Targus sales reps are much more effective when they walk into accounts, because they have complete confidence in the accuracy of the sales numbers. This helps Targus better understand the needs of their customers while improving sales rep and partner productivity.

“How can you even begin to quantify the value of a motivated and happy sales force?” Braesch retorts when asked about the ROI of Entomo’s Channel CRM solution. “For me it’s not just about using channel data to pay sales commissions, but being able to really engage with my customers, by knowing what they have been buying and then working with them to increase sales. Entomo is helping us do that.”

Cynthia Stoddard Joins IDCA’s Advisory Council

Cynthia Stoddard Would Lead IDCA Through Progressive Evolution Of The Information Technology, Cloud, Big Data, And Data Center Community

Cynthia Stoddard
Cynthia Stoddard

The Chief Information Officer of Adobe, Cynthia Stoddard, has joined the Advisory Council of the International Data Center Authority (IDCA). At the time of this announcement, Mehdi Paryavi, Chairman of IDCA, said, “It is the unhindered vision, inspiring passion and just expertise of veterans like Cynthia Stoddard that pave way and architect the roadmap for transforming our industry into a robust platform of sustainability and growth for all.”

Cynthia Stoddard said, “The digital era is unlocking opportunities for organizations to leverage infrastructure and solutions across a variety of ecosystem providers. To be successful it is critical we have a common language and standards across all stacks in the enterprise to promote consistency and efficiency while shaping the future of the of the information technology and data center industry. I applaud the International Data Centers Authority’s commitment to developing a set of standards for the IT community and I look forward to contributing to the Technical Standards committee.”

Mehdi added, “We are grateful to have amazing individuals like Cynthia Stoddard with us who share our spirit of giving back to the community through the effective means of universal standardization and education.  History will prove that Cynthia Stoddard’s participation at IDCA is gesture of true leadership and thus her forthcoming contributions will be instrumental to the progressive evolution of the information technology, cloud, big data, and data center community.”

Mark Thiele, Chairman of IDCA Technical Standards Committee, stated, “Cynthia Stoddard represents the best of what IT has to offer and I’m thrilled to get the chance to work with her as she comes on board to the IDCA Advisory Council.”

Cynthia is a recipient of the CIO 100 Award in 2017 for Adobe IT’s innovative ways to deliver business value. Additionally, she is the recipient of Computerworld Premier 100 IT Leaders Award, was named among the top Women of Influence in 2016 by Silicon Valley Business Journal, and was recognized as one of Huffington Post’s Top 100 Most Social CIOs in 2015 and 2016.

Before joining Adobe in 2016, she was CIO and SVP at data storage and management company NetApp and held a number of key information technology and technical leadership positions.