
ServiceSource is the Service Revenue Performance Company.
Our mission is to increase service revenue for leading hardware, software, healthcare and life sciences companies. We have delivered over $7 billion in revenue to the industry and we proudly serve a prestigious customer list that includes Adobe, Alcatel-Lucent, GE Healthcare, Affymetrix, Verizon and Blue Coat to name a few.
We grow service revenue for our customers by increasing the number of customers on maintenance, support and subscription agreements, and increasing the amount those customers spend each year. We deliver increased revenues, profits, and shareholder value powering our customers' performance in the marketplace. To date our leadership in Service Revenue Performance has generated over $1.5 billion in free cash flow for our customers and enabled them to do what they do best - develop and sell more products to grow their market share, revenue and earnings.
Gartner Dataquest estimates that support and maintenance offerings in North America alone generate roughly $60 billion a year. Meanwhile, technology companies only capture on average 64% of this potential annuity stream. ServiceSource is committed to closing this gap by increasing services revenues for leading technology companies. We lead this industry due to our focus, expertise, and continuous investment.
Our commitment to results is underscored by our 100% commission based and variable cost model.
ServiceSource International (NASDAQ: SREV) was founded in 1999 and is a publicly traded company. Learn more about the leadership driving our vision forward.