Merced Systems Awarded Patent for Temporal Specificity
Company receives US Patent No. 7,856,431 B2 for precise data analysis critical to business execution in dynamic organizations
Redwood Shores, CALIF. – March 15, 2011 — Merced Systems, Inc., the leading provider of Performance Management solutions that drive business execution in Sales and Service functions, today announced it has been awarded US Patent No. 7,856,431 B2 for “reporting on facts relative to a specified dimensional coordinate constraint,” or the ability to accurately track metrics in a data model that changes over time.
The patent protects aspects of Merced Systems’ technology for temporal specificity, a one-of-a-kind system for precisely tracking and analyzing the performance of people and processes in a business operation throughout their full lifecycle. For example, if a salesperson transfers groups during a reporting period, sales managers have powerful options for controlling how that person’s sales figures, such as sales commissions, revenue targets and other key performance indicators, factor into their data analysis.
This ability is critical to understanding how entities in dynamic and rapidly changing environments can improve their business execution, including:
- Individual, team, and territory sales and service performance
- Product and channel performance
- Business process effectiveness
- Business contract and third-party relationship performance, such as partnerships
Merced Systems’ patented technology currently allows more than 140 companies around the world to see performance data across multiple dimensions that change over time with fine-grained specificity, rather than a single static snapshot. Temporal specificity increases the relevance of analytic insights and affords greater control in establishing standards for performance that can be measured more precisely. The system helps companies plan, develop strategies, and drive appropriate change to advance their business.
“Driving sales effectiveness or improving customer experience can be challenging without accurate data that can be used by everyone in an operation. Merced Systems has made significant investments in technology to reduce the complexity in managing employee, channel or product lifecycle changes,” said Mark Selcow, president, Merced Systems. “We’re honored to have been awarded this patent and offer our customers advanced technology that enables them to execute.”
The patent was issued to Merced Systems on December 21, 2010.
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About Merced Systems
Merced Systems is the leading provider of Performance Management solutions that drive business execution in Sales and Service functions. Merced’s performance management solutions help drive sales effectiveness, superior customer experience and operating efficiency across a range of vertical industries. Merced Systems' award-winning products serve Global 2000 customers, and include advanced analytics and reporting, incentive compensation management, coaching, and other performance execution applications. With a strong track record of growth and delivering business impact to its customers, Merced Systems has been profitable for the past eight years. Merced Systems is a privately held company headquartered in Silicon Valley and London, with major customers in more than 20 countries worldwide.
For more information on Merced Systems, please visit www.mercedsystems.com.
Media Contact for Merced Systems
Joscelyn Zell
Goodman Communications, Inc.
(503) 260-1169
joscelyn@gcipr.com
