Silicon Valley / San Jose Business Journal Recognizes Altus' Growth Due to Saving Global Companies Millions in Travel Costs and Accelerating Revenue by Increasing Sales Force Productivity LOS GATOS, Calif., Oct. 10
LOS GATOS, Calif., Oct. 10 /PRNewswire/ -- Silicon Valley-based Altus
Learning Systems was named the 22nd fastest growing company in Silicon Valley
by The Silicon Valley / San Jose Business Journal.
Altus's growth is driven by organizations like Cisco, NetApp and IBM that
are looking beyond in-person meetings and road shows to transfer the product
knowledge needed to grow revenues and productivity. Altus is saving their
customers millions in travel costs, and increasing sales and operational
productivity by delivering product and market information in the digital
formats that people in the field need, when they need it.
The current economic climate is forcing organizations to dramatically
reduce operational costs like travel and in-person training. Coupled with the
need to educate global teams, this has created a greater need for innovative,
cost-efficient enterprise solutions that enable people throughout the extended
enterprise to collaboratively share their knowledge and ideas without being in
the same place at the same time.
"Altus is growing rapidly because we help companies improve both their top
and bottom lines," said Ted Cocheu, Altus CEO. "We recently helped a customer
achieve a 10x return on their $60,000 investment within 90 days using Altus
technology to reduce the duration and costs of attending a single sales event,
while also increasing revenue through more knowledgeable sales and support
people."
The Altus video-on-demand SaaS solution stores the content shared at
corporate meetings and conferences, as well as user-generated content, so that
it can be searched, viewed, and collaborated on to meet the just-in-time
learning needs of today's busy sales forces. Altus video-on-demand and social
networking capabilities empower geographically-dispersed teams to better
manage large, complex product lines across global channels and communicate
more effectively with colleagues and customers.
Altus digitally captures expert presentations like TiVo, makes it
searchable like Google and delivers it like YouTube. Altus does this by
recording people sharing knowledge, transcribing their presentations,
synchronizing the various components, and making it all searchable and
accessible down to the spoken word. For more information about Altus and
saving travel and training costs, contact Tim Hughan, Director of Marketing,
at (408) 395-9154.
A full list of all 50 winners is available in the print edition of The
Silicon Valley / San Jose Business Journal. For more information, visit
http://sanjose.bizjournals.com/.
About Altus Learning Systems
Altus is a leader in collaborative knowledge sharing throughout the
extended enterprise. Altus' on-demand software-as-a-service (SaaS) enables
organizations to instantly deliver critical knowledge to large, geographically
dispersed audiences, including employees, partners and customers. This dynamic
and searchable rich-media platform from Altus is the only solution of its kind
that makes expert knowledge searchable down to the spoken or written word.
More information is available at http://www.altuscorp.com
SOURCE Altus Learning Systems
