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ServiceSource to power cloud services growth initiatives.

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Vincent

INTERNET BUSINESS NEWS-(C)1995-2019 M2 COMMUNICATIONS

ServiceSource (NASDAQ: SREV), the digital customer journey experience company, has announced that it has extended and expanded its relationship with one of the world's premier cloud service providers to drive key sales and partner growth initiatives, the company said.

ServiceSource has supported the client with renewals and customer success solutions for the past seven years. After an initial expansion into the cloud services program last year demonstrated strong results, the client is rapidly scaling and adding ServiceSource's sales development and partner support to new cloud programs under multiple new agreements. Once fully activated, these new agreements are expected to generate in excess of USD 10 million of annualized revenue.

Through this latest step, ServiceSource is able to further engage as a strategic partner in a move designed to speed adoption of services in the hyper-competitive cloud market, where rapid customer acquisition is critical in the race to gain market share.

Through its relationships with progressive service providers, ServiceSource continues to build an elite set of experiences, best practices and expertise in...

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