Business News
Altus Learning Systems Named to Inc. 5000 List of Fastest-Growing Private Companies
2008-08-21 07:05:00
- Leads all other Video-On-Demand Software Vendors with 218 Percent Revenue
Increase -
- Growth Due to Helping Global Enterprises Save Millions in Travel Costs
and Revenue Acceleration through Increased Sales Force Productivity -
NEW YORK, Aug. 21 /EMWNews/ -- Inc. magazine today ranked Altus
Learning Systems (http://www.AltusCorp.com) the leader in video-on-demand
software for knowledge sharing with 218 percent revenue growth on the 2008
Inc. 5000 (http://www.inc.com/inc5000/index.html) list of fastest-growing
private companies, ahead of all similar vendors on the list.
"Our second annual Inc. 5000 continues the most ambitious project in
business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc.
5000 gives an unrivalled portrait of young, underreported companies across
all industries doing fascinating things with cutting-edge business models,
as well as older companies that are still showing impressive growth."
Altus' growth is fueled by organizations like Cisco, IBM and NetApp
that are looking beyond the usual sales conferences and training events to
grow their direct sales teams, channels and revenues. Altus is saving
customers millions in travel costs and increasing their sales productivity
by delivering product and market information in digital formats that people
in the field need, when they need them.
Altus' video-on-demand software stores meeting and conference
presentations and user-generated content to be searched, viewed,
collaborated on and downloaded, thereby fulfilling 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 is growing rapidly because we help companies improve both their
top and bottom lines," explained Ted Cocheu, Altus CEO. "Our customers know
that people can sell and support only those products they understand and
that traditional training doesn't work. Sales people need the rapid,
collaborative knowledge-sharing capabilities Altus provides to get exactly
the information they need when needed to close the sale. All companies
today need to significantly reduce costs -- we recently helped a customer
achieve a 10x return on their $60,000 investment in Altus technology to
reduce the duration and attendance costs of a single sales event."
"One of the important takeaways from our research is that learning
needs to be part of a corporate business strategy," said Josh Bersin,
president of Bersin and Associates, a research and advisory firm focused on
enterprise learning and talent management. "Organizations are shifting from
traditional training to a more collaborative approach with an emphasis on
knowledge sharing. The Altus solution allows companies to better integrate
their learning needs into their overall business and content strategies for
sales, marketing or operations."
Altus helps companies digitally capture corporate event and conference
knowledge like TiVo, make it searchable like Google and deliver it like
YouTube to employees, partners and customers. Altus records people sharing
knowledge, transcribes their presentations verbatim, synchronizes the
various components, and makes them all searchable and accessible down to
the spoken word.
For more information about Altus and saving travel and training costs,
visit http://www.altuscorp.com or contact Tim Hughan, Director of
Marketing, at (408) 395-9154.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides,
advice, tools, breaking news, and rich multi-media to help business owners
and CEOs start, run, and grow their businesses. Inc.com offers dynamic
marketing solutions to help advertisers effectively reach Inc.com's
audience of business leaders. Visit http://www.inc.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. Users can find the exact information they
need whenever they need it in whatever digital formats are most convenient.
Global giants like Cisco, IBM, GM and NetApp rely on Altus to achieve
outstanding ROI, substantial productivity gains and millions of dollars of
savings in reduced travel and training costs. More information is available
at http://www.altuscorp.com
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