PALO ALTO, Calif., June 7, 2013 (GLOBE NEWSWIRE) -- Jive Software, Inc. (Nasdaq:JIVE), a leader in social business, today announced that it has received Morgan Stanley's prestigious 'CTO Award for Innovation.' Jive chairman and CEO Tony Zingale accepted the award at Morgan Stanley's 13th annual US CTO Summit held on June 5. Each year, Morgan Stanley selects one technology vendor to receive its 'CTO Award for Innovation' honoring a technology solution that has been deemed innovative and has made a significant impact on Morgan Stanley's business.
"It is an honor to be recognized by Morgan Stanley for our ongoing efforts to fundamentally change the way work gets done," said Tony Zingale, chairman and CEO of Jive Software. "We constantly push ourselves to enhance and innovate the product experience, challenge the status quo and deliver real business value when it comes to the way companies communicate and collaborate internally and externally with their customers and partners. The 'CTO Award for Innovation' is further validation of Jive's disruptive impact on the market."
Jive's cloud-based platform helps lines of businesses be more productive, communicate and collaborate better, while also adapting to existing business system processes. For example, marketing organizations can decrease campaign development timing by 13 percent, customer service centers can decrease call volumes by as much as 8 percent, and enterprises as a whole can increase productivity by as much as 15 percent and increase topline revenue by as much as 4 percent.
The CTO Summit is an invitation-only event that unites leading venture capitalists, key executives from established and emerging technology companies, and senior technologists from Morgan Stanley's own IT organization for solution briefings, strategic discussions and focused networking.
About Jive Software
Jive Software (JIVE) is a leader in social business. Our cloud-based platform connects employees, customers and partners and is a proven system, focused on value use cases, that, according to research performed by a top three global business consultancy firm, increases productivity within companies by up to 15%*. By combining the power of cloud, mobile, big data and proprietary collaboration technologies, Jive is transforming the way work gets done and unleashing productivity, creativity and innovation for millions of people in many of the world's largest companies. For a free trial of Jive's next generation social business platform, please visit Try Jive.
* Source: Top three global business consultancy research; November 2012
CONTACT: Media Contacts: Jason Khoury Jive Software (650) 847-8308 Jason.email@example.comSource:Jive Software