ViewCentral, a Rainmaker Systems company (OTCQX:RMKR) and leading provider of learning management solutions, today announced that Troux, a global leader in Enterprise Portfolio Management (EPM) and Enterprise Architecture (EA) software, has selected the ViewCentral Learning Management System (LMS) to help efficiently manage its customer training program. Troux selected ViewCentral for the platform’s ability to automatically manage the company’s course catalog, deliver and track blended content, and support for their eCommerce requirements. “Developing and delivering a robust customer training program is critical to our success. Our training programs decrease the time it takes our customers to receive value from our software and helps make our product usage much higher in our customers’ organizations,” said Craig Dalton, Senior Vice President of Customer Success at Troux. “ViewCentral gives us a great platform for hosting these programs and provides the ability to expand our customer training offerings without increasing complexity to our customers.” Troux’s mission is to change the way businesses make decisions. Troux solutions deliver the enterprise intelligence business leaders need to see the big picture in order to understand exactly where they should be investing in their business. Enterprise intelligence delivers new levels of transparency and shows where the business is over-invested, under-invested or at-risk. As a result, Troux solutions help businesses make informed decisions that bolster growth, reduce cost and increase competitive agility. Initially managing their instructor-led trainings and virtual classroom offerings, the ViewCentral platform will make it easier for customers to sign up for and participate in Troux’s training programs, helping them maximize their investment in the Troux solutions. Following the initial deployment, Troux has added eLearning courses, and subscription programs to their offerings, giving their customers new resources and introducing more revenue streams. ViewCentral LMS is a platform uniquely designed to monetize and facilitate the delivery of training programs, allowing organizations to capture both incremental and recurring revenue from subscription-based offerings. Managing the process from start to finish, ViewCentral LMS enables organizations to effectively promote available training programs, register participants, handle complex pricing and payments, deliver trainings and fulfill certification requirements, all from a single platform.
“Many organizations understand that training programs keep customers engaged and onboard longer, however fail to recognize their revenue potential,” said Terry Lydon, Chief Operating Officer at ViewCentral. “ViewCentral not only helps companies deliver externally-focused training programs more efficiently, but can be leveraged as a strategic hub for introducing new offerings that both drive revenue and increase customer stickiness.”About ViewCentral ViewCentral, a Rainmaker Systems company, is a learning management solution provider to organizations of all sizes across the technology, financial services, biosciences, human resources, and consulting industries, among others. ViewCentral Learning Management System (LMS) allows organizations to monetize and facilitate the delivery of training and certification programs, enabling them to capture both incremental and recurring revenue from subscriptions-based offerings. ViewCentral is headquartered in Campbell, Calif. For more information, please visit www.viewcentral.com. Rainmaker Systems trades in the U.S. on OTCQX under the symbol “RMKR.” Safe Harbor Statement This press release may contain forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and the Company assumes no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from current expectations. Among the factors that could cause actual results to differ materially from those in the forward-looking statements are client concentration, as the Company depends on a small number of clients for a significant percentage of its revenue; the possibility of the discontinuation and/or realignment of some client relationships; general market conditions, the current difficult macro-economic environment and its impact on Rainmaker's business, as clients are reducing their overall marketing spending and their customers are reducing their purchase of service contracts; market acceptance of our service programs and pricing options; the financial condition of our clients' businesses and other factors detailed the Company's filings with the Securities and Exchange Commission (SEC), including our filings on forms 10-K and 10-Q.