PROS Named a Visionary in Magic Quadrant for Configure, Price and Quote Application Suites

PROS recognized for ability to execute and completeness of vision

HOUSTON, March 1, 2018 – PROS^® (NYSE: PRO), a cloud software company powering the shift to modern commerce, today announced it has been positioned by Gartner, Inc. as a Visionary in the Magic Quadrant for Configure, Price and Quote Application Suites.* PROS was evaluated based on its ability to execute and completeness of vision.

“PROS customers look to us for innovations that enable them to respond to the organizations they serve across every channel with speed, transparency and frictionless selling,” said PROS Chief Marketing Officer Celia Fleischaker. “In the digital era, the artificial intelligence and machine learning in our PROS Smart CPQ solution and across our portfolio enable companies to understand and personalize their customers’ buying experiences with prices that are specifically tailored for each customer. We believe what sets us apart is our understanding of the market, an ambitious roadmap, and innovations and enhancements that serve our customers across multiple industries. We appreciate being recognized as a Visionary in the Gartner report.”

Gartner Peer Insights reviews by end users about PROS Configure, Price and Quote Application Suites include customer comments:

• “Good technical solution, very fast implementation, very much adapted to our business complexity and allows even more stuff that we have not yet dreamed of. Customer relations are direct and fluid, people are easy to speak with and are very professional.” (Customer Experience Manager in the Manufacturing Industry)
• “The vendor was extremely helpful in guiding us through best practices in CPQ because of our limited exposure to this technology and service. They went the extra mile to insure our business requirements were fulfilled and then some.” (Sales Operations Manager in the Healthcare Industry)

PROS Smart CPQ can be implemented in less than 60 days so customers can recognize value within a matter of weeks. The solutions offer prebuilt integrations with multiple CRM systems, including Salesforce Sales Cloud and Microsoft Dynamics 365, which enable customers with far greater flexibility. The solutions also integrate with PROS price optimization technology that enables customers to quickly source and create quotes, while obtaining better governance over pricing models to grow margin.

To learn more, visit the PROS website or follow PROS on Twitter at @PROS_Inc.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a cloud software company powering the shift to modern commerce by helping companies create personalized and frictionless buying experiences for their customers. Fueled by dynamic pricing science and machine learning, PROS solutions make it possible for companies to price, configure and sell their products and services in an omnichannel environment with speed, precision and consistency. Our customers, who are leaders in their markets, benefit from decades of data science expertise infused into our industry solutions. 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, profit realization and modern commerce 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, profit realization and modern commerce software and its current expectations of the benefits of revenue, profit realization and modern commerce 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, profit realization and modern commerce 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, profit realization and modern commerce 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.

*Gartner, Inc., “Magic Quadrant for Configure, Price and Quote Application Suites,” by Mark Lewis and Melissa A. Hilbert, January 29, 2018.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights reviews constitute the subjective opinions of individual end-users based on their own experiences, and do not represent the views of Gartner or its affiliates.