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BTH Bigtincan Holdings Limited

0.1225
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Bigtincan Holdings Limited ASX:BTH Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.1225 0.12 0.125 0.125 0.12 0.12 208,243 07:10:32

Bigtincan Expands Tech Market Presences with Acquisition of Veelo Inc.

25/07/2019 2:00pm

Business Wire


Bigtincan (ASX:BTH)
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From Jul 2019 to Jul 2024

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Leading Sales Enablement Platform complements existing product suite expanding capabilities and charting roadmap for new markets

Bigtincan, the leader in mobile, AI-powered sales enablement automation, today announced the acquisition of Veelo Inc., a pioneer in sales enablement, to expand Bigtincan’s presence and offerings in the technology market vertical. The combination of Bigtincan’s solution, designed with the mobile-first user in mind, and Veelo’s focus on traditional sales enablement with key enhancements for desktop and web solutions, will augment and compliment the different ways sales teams work, no matter which platform they choose.

Veelo's award-winning sales enablement platform increases sales performance by predicatively guiding sellers on what to know, say and do. Designed with brain science principles in mind, the Veelo Vault ready-made sales enablement templates showcase the most relevant resources available to each sales person. Veelo’s intelligent search also provides instant access for teams to quickly find relevant images, videos, blog posts and documents.

Bigtincan will integrate the Veelo Sales Enablement Platform with the Bigtincan platform to provide additional capabilities to sales teams, including the creation of a single pane of reference for users to manage content and training materials, and automatically deliver them to user devices.

“Veelo brings leadership expertise in the use of brain science, deep experience in the technology vertical and a leading team of experts who know how to win in our fast-growing market,” said David Keane, Co-founder and CEO of Bigtincan. “We see this as a huge asset to enhance our existing mobile-first platform and continue to build our portfolio offerings as we look to meet the needs of sales teams across industries.”

According to InsidesSales.com, in the last two years, the number of inside sales representatives have increased by 4.6%, while the number of outside sales representatives has decreased. As the gap between inside and outside sales closes, it becomes more important for inside sales representatives to have the technologies needed to succeed in the industry.

“Veelo’s core mission has always been to help sales people to sell more by providing a faster way for teams to grow,” said Chanin Ballance, CEO of Veelo. “We see joining the Bigtincan team as a tremendous growth opportunity for existing Veelo customers and team members and look forward to continuing to expand on the foundation Veelo created in inside sales as a unified company.”

The transaction also allows Bigtincan to expand its world-class talent pool by complementing Bigtincan’s existing North American footprint with the addition of employees throughout the USA, including teams centered in Portland, Oregon and Minneapolis, Minnesota.

To learn more about Bigtincan and Bigtincan Hub, visit www.bigtincan.com.

About Bigtincan Bigtincan (ASX:BTH) helps sales and service teams increase win rates and customer satisfaction. The company’s mobile, AI-powered sales enablement automation platform features the industry’s premier user experience that empowers reps to more effectively engage with customers and prospects and encourages team-wide adoption. Leading brands including AT&T, Thermo Fisher, Merck, ANZ Bank and others rely on Bigtincan to enhance sales productivity and fuel customer engagement. With global sales and marketing headquartered in Boston, Bigtincan also has offices across EMEA, Australia and Asia. To discover more about how your organization can benefit from the Bigtincan Hub platform, please visit www.bigtincan.com or follow @bigtincan on Twitter.

About Veelo Our mission at Veelo is to help employees perform at their best with real-time, relevant, actionable knowledge – ultimately helping our customers grow their business using a mix of brain science and data science to improve performance

We are building a business known for its excellence in performance enablement software, but our differentiation is the value we bring – working to understand customer goals and business drivers to help them innovate, track, record and improve ways to better enable performance.

PAN Communications Kathryn McMahon 617-502-4300 Bigtincan@pancomm.com

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