ServiceSource International, Inc. (NASDAQ: SREV) is the global leader in recurring revenue management. The company leverages big data to provide businesses with a comprehensive view of their customers through its cloud application, Renew OnDemand, along with managed services offerings. These solutions drive higher subscription, maintenance, and support revenue, improve customer retention, and enhance business predictability. ServiceSource integrates cloud services, managed services, and renewal-ready data to offer end-to-end management and optimization of the recurring revenue process, including data management, quoting, selling, and business intelligence. As of December 31, 2013, ServiceSource managed over 145 engagements with more than 70 customers, overseeing more than $11 billion in recurring revenue opportunities. On average, customers working with ServiceSource increase renewal rates by 15 points and improve sales efficiency by 20%.
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