Tel Aviv – April 17th, 2013 – Incentives Solutions , a leading provider of Sales Performance Management Solutions, announced it received a strategic investment by the private investment company, Moah Holdings.
The investment follows a number of important milestones that were accomplished in 2012. Incentives Solutions expanded its business by 35%, and their Cloud services rolled out to be a strong growth engine. Incentive Solutions received a “Promising” rating in Gartner’s “MarketScope for Sales Incentive Compensation Management” 2012 report and another “Promising” rating in Gartner’s “Marketscope for Incentive Compensation Management Systems for Insurance 2012”. Incentives Solutions’ Sales Performance Management Solution, Incentives-Pro, was selected as the winner of the prestigious annual IT award in the CRM category.
“This move is a direct continuation of the company’s investment strategy, following their impressive growth and consistent financial data, as well as their technological innovations and creative products of the recent years”, said Mr. Uzan, owner of Moah Holdings.
Rami Entin, Chairman of Incentives Solutions added, “Incentives Solutions has established local success and won recognition as one of the world’s most promising companies in the sector. This investment is intended to accelerate our international expansion efforts and to further penetrate the global SPM market, estimated by Gartner to have a 1.5 Billion USD yearly turnover. I have no doubt that the comprehensive experience of Moah Holdings will have great significance in the development of Incentives Solutions and ensure the continued success of the company”.
About Moah Holdings
Moah Holdings is a private investment firm owned by Meir Uzan, the former founder and owner of “Shekel Group”, a leading insurance and financial group that was acquired by The Phoenix Insurance group in 2008. Moah’s quest for international expansion is fueled by its diverse investment portfolio including Life Science, Real Estate and Hi-tech.
About Incentives Solutions
Incentives Solutions is a global provider of flexible and comprehensive performance measurement and incentive pay best-of-breed systems that increases both employee and channel partners’ results driven motivation, while significantly decreasing administrative and IT costs.
The user friendliness and flexibility of the products enables rapid Return on Investment (ROI), low Total Cost of Ownership (TCO), and full compliance with financial regulatory requirements.
Our clients include: Amdocs, AIG, Coca Cola, Nestle, Orange, Nextel del Peru, Bezeq, Cellcom, Ayalon Insurance, Phoenix Insurance.
Founded in 2002, Incentives Solutions streamlines employees’ performance management, Sales and Service Performance Management (SPM) and thereby delivers the most innovative solutions on the market.
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