Company grows presence in Manila, opens new office in Okinawa
(NASDAQ: SREV), a global leader in outsourced inside sales, customer
success, and recurring revenue growth and retention solutions,
announced today that it will be significantly increasing its existing
footprint in Manila, Philippines, and has also opened an office in
Okinawa, Japan. These expansions are in response to positive market
reception and growing demand in the Asia-Pacific Japan region (APJ) for
ServiceSource's industry-leading capabilities.
"Since establishing our first APJ presence in 2010 with the opening of
our regional headquarters in Singapore, ServiceSource has grown rapidly
and consistently in the region," said Christopher M. Carrington, CEO of
ServiceSource. "We now serve more than 30 market-leading clients in APJ
and provide a great employment opportunity for approximately 1,500
professionals across our five offices. Our teams continue to deliver
compelling revenue and customer growth outcomes on behalf of our
clients, and today's announced expansions will provide us with
additional capacity to meet the heightened demand we are seeing for our
suite of solutions in the marketplace."
ServiceSource's office in Manila has scaled quickly since opening in Q1
2016, growing in two years to more than 500 employees. In addition to
expanding in the current site, the company will also be opening a second
location in Q2 2018 to accommodate the addition of more than 300 new
employees before year-end.
ServiceSource's new office in Okinawa complements its existing presence
in Yokohama, and offers a vibrant and talented local workforce as the
company further builds its team in Japan.
"In an increasingly competitive marketplace, corporations are challenged
to maintain and grow their customer relationships on a global basis,"
said Shaun Han, Senior Vice President of Customer Success and Inside
Sales in ServiceSource's APJ region. "Our extensive presence, in-region
expertise, and thorough understanding of the complex local business
environment enables businesses from around the world to accelerate their
entrance and success in these markets."
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.
This press release contains forward-looking statements, including
statements regarding our opportunity to expand our international
locations, our ability to efficiently scale quickly to support new
growth, our ability to accelerate our clients' ability to find, convert,
grow, and retain their customers; our ability to accelerate customer
loyalty and/or revenue growth on our clients' behalf, our potential for
success deploying contractually-agreed solutions, and our market
position. 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:
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180305005441/en/
Media Contact for ServiceSource
Nick Herff, 815-861-8864
Erik Bylin, 415-901-4182
Source: ServiceSource International, Inc.
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