Merced Systems Receives 'Promising' Rating in Leading Analyst Firm's Sales Incentive Compensation Management Software MarketScope Report
REDWOOD SHORES, Calif., March 17 /PRNewswire/ -- Merced Systems, Inc., the leading provider of Sales Performance Management and Service Performance Management solutions, today announced that it received a "Promising" rating in Gartner's "MarketScope for Sales Incentive Compensation Management" report.* Merced was one of ten vendors evaluated in the report.
"Merced Systems entered the ICM market place less than two years ago and is quickly growing market share in North America and Europe. We believe the MarketScope report demonstrates that for large or complex ICM opportunities, Merced Systems is the up and coming company to watch," said Harold Goldberg CMO, Merced Systems.
"We're pleased to be rated 'promising' for Sales Incentive Compensation Management Software," said Mark Selcow, president of Merced Systems. "We believe the continued recognition from the analyst and press community, as well as our growing customer base, reinforces the maturity and functional breadth of our ICM software capabilities."
According to the report, Gartner noted, "Through 2012, enterprises will miss the equivalent of 5% to 10% of annual sales as 'lost opportunities' that could have been captured through improved management of sales territories, quotas and compensation plans." The report continued, "From 2011 to 2014, investments in SPM solutions will increase by 20% year over year as companies rebuild sales capacity."
Merced Incentive Compensation Management enables companies to better manage their sales productivity, increase sales effectiveness and customer acquisition efforts. Merced Incentive Compensation Management offers organizations greater calculation accuracy, reduced costs for managing incentives, improved sales force motivation and retention, and support for the most complex pay-for-performance programs.
The full research note is available on the Gartner website: http://www.gartner.com/DisplayDocument?doc_cd=174352&ref=g_rss
*Gartner, Inc., "Sales Incentive Compensation Management Software MarketScope," Michael Dunne, March 5, 2010
About the MarketScope
The MarketScope is copyrighted 2010 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Merced Systems, Inc.
Merced Systems is the leading provider of Sales Performance Management and Service Performance Management applications focused on improving operational effectiveness of sales forces and service organizations across a range of vertical industries. Merced Systems' award-winning products serve Global 2000 customers, and include advanced analytics and reporting, incentive compensation management, coaching, and other performance execution applications. With a strong track record of growth and delivering business impact to its customers, Merced Systems has been profitable for the past seven years. Merced Systems is a privately held company headquartered in Silicon Valley and London, with major customers in 20+ countries worldwide. For more information on Merced Systems, please visit www.mercedsystems.com.
SOURCE Merced Systems, Inc.
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