HOUSTON, Aug. 31, 2015 – PROS® (NYSE: PRO), a big data software company, has been named a “Rising Star” in the CRM magazine 2015 Annual Market Awards. The magazine honors companies in key areas of innovation that are building solutions and partnerships that leverage CRM investments.
CRM and its panel of 14 industry analysts and experts rate companies in nine categories, using a proprietary selection formula that includes customer satisfaction, depth of functionality and company direction, among others.
“There’s no question the CRM industry is undergoing a dramatic shift in how the technology is being used,” said CRM Editorial Director David Myron. “CRM has escalated from serving sales management evaluating their teams, to today’s requirement that it provide easy access to essential data; personalize the customer experience; and provide predictive and prescriptive analytics that can scour oceans of data. PROS smart applications are at the core of this change, and we congratulate the company on its recognition as a Rising Star.”
“PROS is redefining how selling is done today with our next-generation smart applications for CRM,” said PROS Chief Marketing Officer Patrick Schneidau. “Our configure-price-quote (CPQ) solutions embed data-driven pricing and selling guidance that gives reps deeper customer insights and greater confidence to help close more deals faster. We are honored to be recognized by CRM magazine as a winner in its annual competition alongside some of the industry’s most admired companies.”
Earlier this year, PROS captured the CRM industry’s attention as an “elite” winner, along Microsoft and Salesforce, in the high-profile 2015 CRM Watchlist Awards. Paul Greenberg, president of The 56 Group, is an industry analyst and founder of the award.
PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers cloud solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 40 industries. PROS has completed over 800 implementations of its solutions in more than 55 countries. The PROS team comprises more than 1,000 professionals around the world. To learn more, visit www.pros.com.
This press release contains forward-looking statements, including statements about the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with CPQ software and its current expectations of the benefits of CPQ 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 CPQ needs and the risks associated with the implementation and maintenance of CPQ 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.
# # #