BURLINGTON, Mass., Oct. 25, 2016 /PRNewswire/ -- Qstream, makers of mobile software for igniting high-performance enterprise sales teams through science and data, today announced it has been named one of the "Best Entrepreneurial Companies in America" on Entrepreneur magazine's 2016 Entrepreneur 360™ List. The annual ranking is based on a comprehensive analysis of private companies in America and aims to recognize firms demonstrating the greatest impact, innovation, growth and leadership.
Market leaders such as LinkedIn, Pfizer, Boston Scientific and MasterCard use Qstream's SaaS platform to help their sales teams have more effective client conversations by ensuring their knowledge and behaviors keep pace with market change. Companies that use Qstream achieve 35% average proficiency gains, 20% higher quota attainment, 3% improvement in gross margin, and 12% increase in market share.
"We are honored to be recognized by Entrepreneur magazine for our impact on the growing sales tech industry," said Duncan Lennox, CEO and co-founder, Qstream. "We are laser-focused on driving business outcomes for our clients across the globe and that focus has led to meaningful technology advances and strong growth for our company. This acknowledgment further validates the success of our business model."
In minutes a day, sales reps use Qstream to respond to short scenario-based challenges pushed to their mobile device, allowing them to apply their knowledge and practice best approaches to selling. The platform's analytics engine synthesizes response data to provide insights into team capabilities via a data-driven Coaching Hub™ that combines system-generated proficiency scores with observed competency and confidence ratings. Integration with CRM systems such as Salesforce.com allows users to correlate Qstream data against any KPI for triggered coaching actions and a richer picture of sales readiness.
Based on a comprehensive study of independently-owned companies, Entrepreneur magazine determined this year's honorees using a proprietary "balanced scorecard" algorithm designed to measure entrepreneurship-innovation, growth, leadership and impact.
"Our annual evaluation offers a 360-degree analysis of the current private-business landscape," said Lisa Murray, chief insights officer, Entrepreneur Media. "Top performers are determined by how well-rounded they are in these four key operative areas. Entrepreneurship is a complex endeavor – this listing recognizes those who have mastered the challenge and are thriving this year."
For more information on the 2016 Entrepreneur 360 List and the companies recognized, visit entrepreneur.com/360companies.
About Entrepreneur Media
For nearly 40 years, Entrepreneur Media has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit entrepreneur.com, follow Entrepreneur @Entrepreneur or at facebook.com/entmagazine.
Qstream's sales performance platform is used by leading brands in technology, financial services and life sciences, including 14 of the world's top 15 pharmaceutical companies, to manage the effectiveness of their sales teams and front-line managers at scale. Qstream's scientific approach has been validated in more than 20 randomized control trials to boost performance and durably change behaviors in just minutes a day using any mobile device. To learn more, visit Qstream.com, follow us @Qstream or like us at facebook.com/Qstream.
Nidhi Mathson, Qstream Media Relations
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