
Company: Omniture, Orem, Utah Company Description: Omniture helps businesses answer essential questions about driving online success. Omniture, founded by CEO Josh James and SVP John Pestana in 1996, has more than 150 employees based mostly in the headquarters in Orem, UT. Omniture continually receives awards for corporate success and technology leadership. Omniture customers include many of the largest, busiest and most successful Web sites. Nomination Category: Organization Awards Categories Nomination Sub Category: Best Sales Organization
Nomination Title: Omniture, Inc. Sales Organization
1. Tell the story about what this nominated functional organization achieved in 2004 (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
As had been the case for the past three years, Omniture’s Sales Organization had a tough challenge – to improve upon its remarkable performance from the previous year. Omniture’s Sales Organization had the honor of being recognized as the 2004 American Business “Stevie” Award winner for best sales organization during 2003. Pushing itself for even better results in 2004, Omniture’s Sales Team refocused on its core business goals in it’s quest to again earn this mark of distinction. The core areas of focus in 2004 included:
-Increase customer base; new customers and the level of adoption from existing customers. -Increase average transaction within new customer base. -Maintain client retention. -Expand footprint and coverage into EMEA and APAC. -Target key accounts that provide significant revenue growth and morale for Omniture, while at the same time providing crippling losses to our competitors.
“One who knows his enemy and knows himself will NOT be endangered in 100 engagements” In order for Omniture’s Sales Team to succeed in delivering continued results in an increasingly competitive market, Vice President of Sales Chris Harrington, took a proactive approach to the “Web analytics War.” Rather then sitting back and watching competitors try to encroach upon Omniture’s leadership position, Harrington borrowed strategies from Sun Tzu’s “The Art of War,” and focused the team on aggressively knowing their competitors first and attacking their beachhead – setting specific goals and bounties for securing critical opportunities that held emotional value to competitors; bolstering morale and company revenue while fracturing competitors’ confidence.
In 2004, Omniture’s Sales Organization exceeded all goals and objectives, outdistancing competitors with the following highlights.
-Achieved 125.6% of Annual Quota.
-Achieved 278% sales growth over 2003.
-Secured 283 new customers in 2004 (a 255% increase over 2003).
-New customers include AOL (largest ASP deal in history), Expedia, Apple, Major League Baseball, MTV, Classmates, Earthlink, JPMorgan Chase, American Greetings, LastMinute.com, SONY, Ford, Toyota, and Sun. Omniture now serves four of the Fortune 5.
-Increased average new annual contract value by 13%. 53 existing clients increased their annual contact value by 17%.
-Secured 83% of new customers in head-to-head competitive battles.
-Grew sales organization 225% from 12 to 27 at the end of the year (already in 2005 the team has grown to over 40). With a larger team, Omniture broadened its sales footprint to include EMEA and APAC.
-Maintained 100% client retention for customers with annual contract values of more than $10,000.
-9 of Omniture’s Top 15 customers secured in 2004 were held by competitors.
2. List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: List each link on a separate line, begin each link with http://, and enclose each link in square brackets; for example, [http://www.website.com]:
2004 Omniture Corporate News Announcements http://www.omniture.com/s2/press_releases.php
Notable Announcements:
December 2004 -Omniture’s SiteCatalyst 11 Delivers Web Analytics to Managers, Executives and C-Level Decision-Makers -DoubleClick Partners With Omniture to Offer Web Analytics Solution
November 2004 -Omniture Launches Industry's First Web Analytics Best Practices Group
October 2004 -Omniture is Largest Stand-Alone Web Analytics ASP with $25 Million Revenue Run Rate -Omniture Named Clear Market Leader by Third Party Research Firm (JupiterResearch) -Omniture Customers Capture Upper Ranks of Internet Retailer -Omniture Posts Another Record Quarter
September 2004 -Omniture Announces Industry’s Most Comprehensive Training Initiative (Omniture University) -ChannelNet® and Omniture™ Announce Strategic Alliance -CMP Media LLC Selects Omniture’s SiteCatalyst™ for its 150-Plus Sites
August 2004 -America Online Selects Omniture To Provide Web Analytics
July 2004 -Omniture Leads Web Analytics Adoption with Financial Services Leaders -Omniture Announces Alliance With RichFX and Now Provides Analytics to More Top 300 Retailers Than Any Other Analytics Provider -Omniture’s SiteCatalyst™ Cited As Leader In Independent Research Firm’s (Forrester’s) June 2004 Report
June 2004 -Oracle Streamlines Site Design with Omniture
May 2004 -Omniture’s SiteCatalyst™ Helps SportsLine.com Advance the Ball for Popular Sports Web Sites -Omniture, Inc., Closes $14.5 Million Venture Capital Funding Round Led by Hummer Winblad Venture Partners
April 2004 -Online Marketers Embrace SiteCatalyst™, Fueling Another Quarter of Record Growth, Profitability and Accomplishment -Omniture Delivers Breakthrough Customer Insight with Latest Release of SiteCatalyst™
March 2004 -Hyatt Hotels Selects Omniture’s SiteCatalyst™ -Kelley Blue Book Gains Greater Customer Understanding and Strengthens Partnerships with Omniture’s SiteCatalyst™
February 2004 -Overstock.com Achieves Checkout Conversion Rates of over 70% Using Omniture’s SiteCatalyst™
January 2004 -Edmunds.com Democratizes Data to All Departments with Omniture’s SiteCatalyst™ -Omniture’s SiteCatalyst™ Selected by Walmart.com -Timberland Gauges Customer Interest During Holiday Season By Utilizing Omniture’s SiteCatalyst™
2004 Omniture Awards http://www.omniture.com/s2/awards.html
Notable Awards: -Omniture Recognized by Inc. 500 as one of the Fastest Growing Companies in North America for Second Consecutive Year (Ranked #226) -Omniture Wins Deloitte Technology Fast 500 (Ranked #257) -Omniture Named “Top 25 Provider” by ASPNews.com -Omniture Customer Overstock.com Wins 2004 WebAward -Utah Best of State 2004 for Science & Technology -Omniture Recognized by Software Magazine in Software 500 (Ranked #412)
Omniture Client Base http://www.omniture.com/s2/client_list.html New customers in 2004 include AOL, CMP Media LLC, Edmonds.com, Kelly Blue Book, Hyatt Hotels, Oracle, SportsLine.com, Timberland and Wal-Mart., Expedia, Apple, Major League Baseball, MTV, Classmates, Earthlink, JPMorgan Chase, American Greetings, LastMinute.com, SONY, Ford, Toyota, and Sun
Omniture Clients’ Testimonials http://www.omniture.com/s2/testimonials.html
Analyst Support for Omniture http://www.omniture.com/s2/analyst_insight.html
2004 Coverage Highlights: Mining for E-Gold With Web Analytics, October 18, 2004 http://www.eweek.com/article2/0,1759,1680709,00.asp?kc=EWRSS03119TX1K0000594
Omniture Named “Top 25 Provider” by ASPNews.com, October 4, 2004 http://www.aspnews.com/top50/
I've Just Met a Girl Named "Liquidity,” September 27, 2004 http://www.traffick.com/2004/09/ive-just-met-girl-named-liquidity.asp
Taking E-Commerce to the Next Level, August 31, 2004 http://www.businessweek.com/technology/content/aug2004/tc200 40831_3370_tc172.htm
AOL Awards Omniture ASP Deal, August 23, 2004 http://www.internetnews.com/xSP/article.php/3398501
AOL signs up for Omniture traffic tool, August 23, 2004 http://news.zdnet.com/2110-3513_22-5321091.html?tag=sas.email
Getting Personal (Again), August 16, 2004 http://www.computerworld.com/softwaretopics/software/story/0,1080 1,95219,00.html
Web Analytics Services: Inside Information, August 2, 2004 http://www.nwc.com/showitem.jhtml?docid=1515f2
LAMPS PLUS Reduces CPA by 30 Percent Using Omniture's SiteCatalyst, August 2004 http://www.dmreview.com/article_sub.cfm?articleId=1007289
Edmunds.com Tests Paid Search to Drive Traffic: Discover Their Results, July 12, 2004 http://www.contentbiz.com/barrier.cfm?currentID=2760
Online ads that don’t make the cash register ring, July 8, 2004 http://www.internetretailer.com/dailyNews.asp?id=12358
Omniture Lures $14.M In Funding, May 13, 2004 http://www.ebizq.net/news/4429.html
Vendors bolster CRM wares, April 16, 2004 http://www.nwfusion.com/news/2004/0416crmwrap.html
Hyatt’s Website Analytics, April 16, 2004 http://www.line56.com/articles/default.asp?ArticleID=5505
Analytics pushing deeper into online retail business, says Omniture, March 24, 2004 http://www.internetretailer.com/dailyNews.asp?id=11581
Overstock`s checkout conversion soars with analytics-driven improvements, January 26, 2004 http://www.internetretailer.com/dailyNews.asp?id=11144
After side-by-side comparison, Walmart.com picks Omniture analytics, January, 22, 2004 http://www.internetretailer.com/dailyNews.asp?id=11119
Analytics help Timberland.com stay ahead of holiday customer demand, January 22, 2004 http://www.internetretailer.com/dailyNews.asp?id=11121
Deloitte Technology Fast 500 CEO Profile: Josh James, January 1, 2004 http://www.public.deloitte.com/fast500/ceo_archive/JoshJames_Omniture.asp
3. Provide a brief (up to 100 words) biography about the leader(s) of this nominated functional organization:
Harrington is Omniture’s Vice President of Sales. With over 15 years of experience in direct sales and sales leadership (9 of those in technology), Harrington is responsible for leading all direct and indirect sales efforts worldwide. Prior to joining Omniture, Harrington has held positions with Domain Systems (VP of Sales), RichFX (VP of Sales), Viewpoint, a Computer Associates Company (VP of Sales), DIRECTV (Sr. Director of Sales), Matrix Marketing, now Convergys (Call Center Director).
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