Archives: News

Three Pricing Lessons the Travel Industry Can Learn from B2Bs

The airline industry is in recovery mode. There has been a significant uptick in bookings since Australia re-opened its borders. The number of international flights being booked for business purposes increased more than 400%, while domestic bookings increased by 18% in the same period, according to data from Flight Centre. As planes begin to fill […]

PROS Announces Investment Conference Schedule for June 2022

HOUSTON, May 25, 2022 — PROS Holdings, Inc. (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced that company management will participate in the following investment conferences in June 2022. 19th Annual Craig-Hallum Institutional Investor Conference | Virtual Stefan Schulz, CFO, and Belinda Overdeput, Director, Investor Relations Wednesday, June […]

PROS Appoints Grad Conn as Chief Marketing Officer

Former Sprinklr and Microsoft CMO responsible for driving global marketing strategy and fueling corporate growth trajectory HOUSTON, May 17, 2022 – PROS® (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced that Grad Conn has joined the company as Chief Marketing Officer, reporting directly to Andres Reiner, PROS Chief […]

Explainable AI: Why It’s Important to You and Your Clients

Explainable AI not only delivers a decision or prediction but also gives users confidence by explaining how the solution was determined. … What is Explainable AI? AI algorithms are designed and trained (and retrained) to work accurately. However, it’s typically not clear to users how the algorithm works. McKinsey research from 2020 found this ambiguity […]

PROS Announces Investment Conference Schedule for May 2022

HOUSTON, May 11, 2022 — PROS Holdings, Inc. (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced that company management will participate in-person at the following investment conferences in May 2022. 17th Annual Needham Technology & Media Conference | Westin Grand Central Hotel | New York, NY Stefan Schulz, […]

5 AI Adoption Mistakes to Avoid

Artificial intelligence (AI) and related technologies are becoming increasingly mainstream business tools. If you’re planning an AI implementation, beware of these potential pitfalls Artificial intelligence (AI) and machine learning can be invaluable assets to business success. By implementing AI, businesses can automate hours’ worth of manual labor sifting through data to enable smarter and faster […]

PROS Holdings, Inc. Reports First Quarter 2022 Financial Results

• Subscription revenue of $48.8 million, up 14% year-over-year. • Recurring gross margin of 76%, up 500 basis points year-over-year. HOUSTON – May 3, 2022 — PROS Holdings, Inc. (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced financial results for the first quarter ended March 31, 2022. “I’m […]

Dynamic Pricing: Common Myths Dispelled

The UK is in the midst of an inflation crisis: with rates soaring, inflation is forecast to hit 8% by April 2022 according to economists. Due to a combination of factors, including the fallout from Covid, Brexit and supply chain disruptions, companies are experiencing a dramatic rise in their input costs, due to the price […]

Managing Pricing Complexity in Uncertain Times

Uncertain global conditions and supply chain shortages are creating significant challenges for Australian businesses. Artificial intelligence (AI) can help businesses manage while also meeting business objectives. In 2022, wildly fluctuating material availability and exchange rates are making it impossible for Australian businesses to do the basics – price their products correctly – putting strain on […]

Air Europa Adopts New Digital Retailing Platform

Air Europa has deployed a new digital platform, developed by PROS, as part of its efforts to create a more customer-centric and personalised digital shopping experiences from inspiration to booking. The PROS Platform for Travel will enable Air Europa to deliver value across the entire booking journey and drive ancillary revenue as it looks to […]