ServiceSource Extends Global Strategic Client Relationship with Mitel
26 Novembre 2018 - 3:30PM
Business Wire
Multi-Year Agreement Renews and Expands
Existing Scope of Work
ServiceSource (NASDAQ: SREV), the global leader in outsourced
inside sales, customer success and recurring revenue growth and
retention solutions, today announced a multi-year contract
extension and expansion with Mitel (NASDAQ: MITL) (TSX:MNW), a
global leader in business communications.
This agreement, which runs through 2020, broadens the scope of a
nearly 10-year partnership between ServiceSource and Mitel and
reflects the positive revenue and customer impact that
ServiceSource has helped Mitel achieve. As part of this extension,
ServiceSource will leverage its nearly 20 years of renewals
experience and expertise to manage customer retention and channel
partnerships across Mitel’s global, on-site product line.
“Businesses rely on their communications technology to help
carve out a competitive advantage, whether they are looking to
increase productivity, or deliver a better customer experience,”
said Todd Abbott, Executive Vice President of Global Sales &
Services, at Mitel. “Our solutions enable them to do so with ease,
while accommodating their current and future requirements. As Mitel
partners work with customers to continue serving those needs, the
consolidation of our renewal business with ServiceSource will
simplify and streamline the process to better support retention and
identify growth opportunities.”
“In today’s digital economy, the companies that win over the
long-term will be those that continually adapt and evolve their
customer engagement and retention strategies,” said Christopher M.
Carrington, CEO of ServiceSource. “Since beginning our partnership
with Mitel nearly a decade ago, we have continuously applied our
expertise and knowledge to retain and expand their revenue base. We
thank Mitel for their partnership and are pleased to extend our
relationship as we further build on the success we have
attained together.”
About Mitel
A global market leader in business communications powering more
than two billion business connections, Mitel (Nasdaq:MITL)
(TSX:MNW) helps businesses and service providers connect,
collaborate and provide innovative services to their customers. Our
innovation and communications experts serve more than 70 million
business users in more than 100 countries. For more information, go
to www.mitel.com and follow us on
Twitter @Mitel.
About ServiceSource
ServiceSource International, Inc. (NASDAQ:SREV) helps the
world’s leading brands grow closer to their customers. As a global
leader in outsourced inside sales, customer success and recurring
revenue growth and retention solutions, ServiceSource expands
customer lifetime value by helping companies to more efficiently
and effectively find, convert, grow and retain their B2B customer
relationships. Trusted by global market leaders in the cloud/XaaS,
software, technology hardware, medical device & diagnostic
equipment and industrial IoT sectors, ServiceSource sells, manages
or renews $9 billion of revenue annually on behalf of its clients.
Leveraging a robust technology suite, predictive data models and
more than 3,000 revenue delivery professionals speaking 45
languages, only ServiceSource brings to market nearly 20 years of
expertise and the ability to drive recurring revenue growth to more
than 170 countries. To learn more,
visit www.servicesource.com.
Forward-Looking Statements
This press release contains forward-looking statements,
including statements regarding our ability to: accelerate our
clients’ ability to reach their goals more quickly and
cost-effectively and find, convert, grow, and retain their
customers; accelerate revenue and growth; have a significant impact
on our clients’ business; and further increase customer engagement
and loyalty. 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: that we may be unable to attract and retain the highly
skilled employees we need to support our planned
growth; changes in market conditions that impact our ability
to sell our solutions and/or generate service revenue on our
customers' behalf; our ability to achieve our expected benefits
from international expansion; 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®, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20181126005052/en/
Media Contact for ServiceSourceNick
Herffnherff@servicesource.com815-861-8864
Investor Relations Contact for ServiceSourceChad
Lyneclyne@servicesource.com720-889-8784
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