Cited for bringing “advanced analytics and data science to pricing challenges,” and offering “excellent CPQ functionality”
HOUSTON, Dec. 21, 2015 – PROS® (NYSE: PRO), the revenue and profit realization company, today announced it has been named a “strong performer” in The Forrester Wave™: B2B Order Management, Q4 2015 research report from Forrester Research, Inc. Written by Forrester Vice President and Principal Analyst Duncan Jones, the report gave PROS among the highest scores in the Product Strategy category.
In the report, Jones characterizes PROS “as a pioneer and innovator in the revenue optimization parts of B2B OM.” In addition, the report offers additional insights on the company’s portfolio: “PROS brings advanced analytics and data science to pricing challenges, such as maximizing sales margin from scarce capacity. It also offers excellent CPQ functionality, thanks to its 2014 acquisition of Cameleon Software, and supports complex pricing, promotion, and demand management within order capture.”
“We see digital becoming an increasingly important route to market for our customers, with companies looking for a consistent, flexible and optimized omnichannel experience,” said PROS Chief Marketing Officer Patrick Schneidau. “We’ve designed our Smart CPQ solutions with data science and prescriptive analytics to deliver a seamless multi-channel experience that drives a material and measurable business impact. We are honored to be included and recognized in The Forrester Wave, and to receive a ‘strong performer’ ranking, which we believe is an acknowledgement of our continuous innovation and the success of our customers.”
To review a copy of the report, visit the Forrester website, which requires a subscription for access.
To learn more about PROS, visit the website or the PROS Twitter handle at @PROS_Inc.
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.
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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