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ServiceSource Continues Nashville Expansion with the Creation of 100 New Jobs
|By Business Wire
|August 28, 2014 11:00 AM EDT
At a press conference today with Nashville Mayor Karl Dean and the
Chamber of Commerce, ServiceSource announced plans to expand its
Nashville sales center and create 100 full-time permanent jobs to
support its rapidly growing customer base. With now over 800 local
employees, ServiceSource is the third largest technology employer in the
greater Nashville area. The Nashville sales center also supports many
major Silicon Valley-based customers, providing a unique high-tech
linkage with the San Francisco Bay Area.
“For more than six years, ServiceSource has been a strong partner with
Nashville, providing both employment opportunities and philanthropic
support to the local community,” said Nashville Mayor Karl Dean. “Their
presence here has added energy to our already vibrant downtown, and
their plans for 100 new jobs speak to the economic vitality of our city.
In working with some of the biggest technology companies in the world,
ServiceSource’s local success is a testament to Nashville’s emerging
ServiceSource first opened an office in Nashville in 2008 with 20
employees and rapidly expanded its presence in 2012 as part of Governor
Bill Haslam's jobs drive. With a fast growing business, the company’s
local headcount has expanded over the past three years from 500
employees to over 800. Today, the Nashville office represents
ServiceSource’s largest sales center, and occupies eight floors across
120,685 square feet in the ServiceSource tower, which has become a
distinctive fixture on the Nashville skyline.
“Nashville is an emerging technology hub in the United States,” said
Grant Clarke, Vice President of Selling Services at ServiceSource.
“Nashville’s vibrant culture and entrepreneurial spirit are key
ingredients to building a dynamic workforce. Without the continued
support from the city of Nashville, we could not have grown and scaled
in such a short period of time to meet the needs of our customers.”
With the infusion of 100 new employees, ServiceSource plans to hire
sales representatives and other support staff that manage service
contract and subscription renewals for over 40 hardware, software, SaaS,
and healthcare technology companies. Current customers supported from
the Nashville sales center include Adobe, Affymetrix, Beckman Coulter,
Cardiac Science, Gerber, Google and Siemens. As Nashville emerges as a
new hub of technology innovation in the United States, ServiceSource
provides a unique connection with many of these prominent tech brands
based in Silicon Valley and the San Francisco Bay Area.
ServiceSource International, Inc. (NASDAQ: SREV) is the global leader in
cloud-based recurring revenue management solutions. The company helps
customers drive growth and build long-standing relationships across the
customer lifecycle with the industry's most comprehensive data
management, analytics, automation and services capabilities. Through
Renew OnDemand®, Scout® and proven services,
ServiceSource delivers higher subscription, maintenance, and support
revenue, improved customer retention, and increased business
predictability. Headquartered in the Cloud Corridor of San Francisco,
ServiceSource® manages $14.5 billion in recurring revenue for the
world's largest and most respected technology and B2B companies. For
more information, please go to www.servicesource.com.
This press release contains forward-looking statements, including
statements regarding the benefits of ServiceSource offerings, our
managed services, our Renew OnDemand cloud platform and application,
and/or our Scout application. 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
those expressed or implied in our forward-looking statements. Those risks
and uncertainties include, without limitation, fluctuations in our
quarterly results of operations; the risk of material defects or errors
in our software offerings or their failure to meet customer
expectations; migrating customers to Renew OnDemand; the ability to
integrate Renew OnDemand or Scout with other third-party applications
used by our customers; errors in estimates as to the renewal rate
improvements and/or service revenue we can generate for our customers;
our ability to grow the market for service revenue management; our
ability to protect our intellectual property rights; the risk of claims
that our offerings infringe the intellectual property rights of others;
changes in market conditions that impact our ability to sell the Renew
OnDemand or Scout solution 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;
demand for our offering that falls short of expectations; 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; 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:
ServiceSource, Renew OnDemand, Scout and any ServiceSource product or
service names or logos above are trademarks of ServiceSource
International, Inc. All other trademarks used herein belong to their
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