BURLINGTON, MA -- (Marketwired) -- 04/24/14 -- Qstream, providers of a scientifically-proven SaaS solution that lets organizations manage the effectiveness of mobile sales forces by playing a game in just minutes a day, today announced its largest bookings quarter to date at 143% above plan for Q1, 2014 -- a 400% increase over the same period last year. Highlights include new agreements with leading life sciences, financial services, technology and healthcare organizations, and continued expansion within existing accounts. Now used by six of the world's top 10 pharmaceutical companies, Qstream has registered users in more than 100 countries.
With mobile apps transforming the sales process and gamification permeating corporate functions, Qstream's approach to managing and measuring sales team strengths is resonating across both regulated and unregulated industries as savvy customers and heightened regulatory demands drive the search for green fields of sales productivity and competitive advantage.
Developed at Harvard, Qstream offers a powerfully simple -- and highly scalable -- approach to changing sales behaviors. Unlike solutions that tether client conversations to rote presentations, Qstream equips sales reps for personalized, value-added business conversations that drive revenue and keep pace with market change.
Using Qstream's native mobile apps or email, reps respond to short, challenge scenarios pushed to their phone or other mobile device every few days, while competing against their peers to strengthen critical sales knowledge and skills. Built-in game mechanics, including leaderboards, engage reps in an experience that's simple, fun and effective. The platform's onboard analytics engine captures critical data points and instantly transforms them into actionable management insights, such as targeted coaching opportunities.
Other Q1 highlights include:
"The Sales function today is in need of massive change to help reps sell contextually, at higher levels -- and managers to have more than simple quota attainment as a metric of their reps' abilities," said Duncan Lennox, CEO and co-founder of Qstream. "CRMs and content portals can help, but those tools are intended to align with the demands of sales process, not sales people. We're delighted to help today's most progressive organizations to achieve greater strategic value from their sales productivity investments and deliver predictive insights that keep them on top."
Developed at Harvard and based on brain science, the Qstream solution is clinically proven to keep sales reps sharp and durably change behavior. Today Qstream is used by six of the world's top 10 pharmaceutical companies, and by industry leaders such as Oracle, Charles Schwab and SunGard, recently voted the #1 company to sell for, as well as a growing network of industry solution providers who use Qstream to help transform their clients' enterprise sales teams. To learn more, visit Qstream.com, follow us @Qstream or like us at facebook.com/Qstream.