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Coronavirus Upends Revenue Management Strategies for Hotels and Airlines
… Strategic solutions From the standpoint of revenue management, including pricing and forecasting, coronavirus is a massive challenge for the travel industry – affecting both the relevance of historic data, the ability to predict the future and the need to address cancellations in the present. … For airlines, Aditi Mehta, solutions strategy director at PROS, […]
PROS to Present at JMP Securities 2020 Technology Conference
HOUSTON — February 14, 2020 — PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that Shannon Tatz, Vice President of Investor Relations, and Matt Bennett, Director of Investor Relations, will speak at the JMP Securities 2020 Technology Conference being held at the Ritz-Carlton in […]
Major Houston Tech co. to Begin Office Move this Spring
Houston-based Pros Holdings Inc. (NYSE: PRO), one of the city’s largest technology firms, will begin moving into its new Upper Kirby office space this spring. Andres Reiner, president and CEO of Pros, told the Houston Business Journal that the tech company aims to start moving employees into its Kirby Collection office at 3200 Kirby Drive […]
15 Effective Uses of Virtual Reality for Businesses and Consumers
Virtual reality has burst onto the stage, and because of how well-supported it has become as a hardware solution, its practical applications—from enterprise training to video games—are expanding. VR is a powerful tool for a multitude of industries and even consumers. But what’s its most impressive application thus far? But what’s its most impressive application […]
PROS Named to Constellation ShortListTM for Price Optimization
Offerings for Digital Leaders Reinventing Operations and Transforming Business Models HOUSTON, February 12, 2020 – PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList™ for Price Optimization in Q1 2020. The technology vendors and service providers included in this program […]
PROS Named to Constellation ShortListTM for Configure, Price, Quote
Offerings for Digital Leaders Reinventing Operations and Transforming Business Models HOUSTON, February 12, 2020 – PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced it was named to the Constellation ShortList™ for Configure, Price, Quote (CPQ) in Q1 2020. The technology vendors and service providers included in […]
Where Governance Fits in Your Customer Experience Strategy
While companies may have a customer experience strategy in place, it won’t count for much if people throughout the organization don’t adhere to the plan. We asked some experts how companies can ensure their CX strategy is followed. … Infuse CX Throughout the Company Beyond tools and governance councils, adherence to the company strategy relies […]
Headcount: Firings, Hirings, and Retirings – January 2020, Pt. 1
January was a big month for firings, hirings, and retirings. Thus we have broken up our monthly Headcount column into two parts to make it easier to digest. Here is Pt. 1 of the latest executive hirings, promotions, and staff changes that happened in January. … Nikki Brewer was promoted to a new role as […]
PROS Holdings, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results
Total revenue of $250.3 million, up 27% for the full year 2019. Subscription revenue of $141.2 million, up 48% year-over-year. Subscription gross margins of 70% and non-GAAP subscription margin of 73%, up 6 percentage points year-over-year. HOUSTON – February 6, 2020 — PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in […]
Analyzing the Growth of the Ecommerce Subscription Model
The ecommerce subscription model is growing at a rapid pace. According to Forbes, the subscription box industry grew by 890% over a four year period. Now, more ecommerce brands are left wondering how they can capture some of this value. Why are some consumers drawn to subscriptions and regular deliveries of items? What is subscription […]