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Press Release

PROS Data Scientist Selected to Speak at Global Big Data Conference

HOUSTON, April 6, 2016 – PROS® (NYSE: PRO), the revenue and profit realization company, today announced that Ezgi C. Eren, Ph.D., a member of the company’s data science and research team, has been selected to deliver an address at the Global Big Data Conference’s Big Data Bootcamp. The conference will be held April 8-10 in Austin, Texas, at the Austin Convention Center. Eren’s presentation, based on her patent-pending research, is scheduled for April 9 at 4:00 p.m.

As data requirements and management capabilities grow, so does the size of the analytics and optimization models that harness big data. Pricing and revenue optimization requires continuous handling of large-scale, multi-dimensional data and models of unprecedented size. In her presentation – Big Data, Big Analytics for Pricing and Revenue Optimization: A Use Case in the Car Rental Industry – Eren will discuss modeling for big data optimization, highlighting pricing and distribution.

“It is a great honor to be invited to share our research with data scientists, engineers and thought leaders from some of the world’s most high-profile companies,” said Eren. “PROS data science and prescriptive analytics are pivotal in helping our customers realize their revenue and profit potential. I look forward to previewing our work and showcasing how we develop next-generation models and solutions for complex pricing problems with evolving data requirements.”

Ezgi Eren’s research focuses on big data optimization and analytics, and pricing and revenue management. She is a co-inventor of new-generation optimization solutions and models, with two pending patents based on her research. Eren holds a Ph.D. in industrial engineering from Texas A&M University, and a B.S. in industrial engineering from Bogazici (Bosphorus) University in Turkey. She was also a 2015 featured speaker at the Grace Hopper Celebration of Women in Computing Conference.

To learn more about PROS, visit the website or visit PROS Twitter handle at @PROS_Inc.

About PROS
PROS Holdings, Inc. (NYSE: PRO) is a revenue and profit realization company that helps B2B and B2C customers realize their potential through the blend of simplicity and data science. PROS offers cloud solutions to help accelerate sales, formulate winning pricing strategies and align product, demand and availability. PROS revenue and profit realization solutions are designed to allow customers to experience meaningful revenue growth, sustained profitability and modernized business processes. To learn more, visit pros.com.

Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality and benefits of revenue and profit realization software to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with revenue and profit realization software and its current expectations of the benefits of revenue and profit realization software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s revenue and profit realization software needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of revenue and profit realization software such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future whether as a result of new information, future events or otherwise.

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Media Contact:
James Garber
pros@marchcomms.com
617-960-9875

Sheila Watson
swatson@pros.com
713.335.5287

 

 

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