Press Release

PROS Webinar – The New “V” in Big Data: How Viability is Driving Better Outcomes

WHAT:

The era of big data is not “coming soon.” It’s here, and it’s brought both big change and unprecedented opportunity to countless businesses across many industries. The first wave of big data focused on the underlying resource demands – the three “V’s” of big data – volume, variety and velocity. It’s now time to shift the conversation to a new “V” – viability – to determine which data elements actually produce better outcomes and will help companies reap long-term rewards from their big data.

WHO:

This webinar features Neil Biehn, Ph.D., PROS Vice President of Science and Research.

WHEN:

September 5, 2013; 12:00 p.m. – 1:00 p.m. CDT

WHERE:

To register for the event, visit the PROS website.

About Neil Biehn

Neil Biehn, Ph.D., is vice president and leader of the science and research group at PROS, Inc., where for the past 12 years he has researched pricing, revenue and profit optimization, and the underlying data science. During his tenure, Biehn has designed pricing algorithms and optimization models for companies in the manufacturing, distribution, services, travel and transportation industries. He is a published author in a variety of formats that include scientific journals and white papers, and is a contributor to the recently published book titled Innovation in Pricing: Contemporary Theories and Best Practices. 

About PROS

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 27 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 big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has completed over 600 implementations of its solutions in more than 50 countries. The PROS team comprises more than 700 people around the world. To learn more, visit www.pros.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of big data software for pricing and sales effectiveness 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 big data software and its current expectations of the benefits of big data 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 pricing and revenue management 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 big data software for pricing and sales effectiveness 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 Contacts:

James Garber
pros@marchcomms.com
617-960-9875

Kristen Quinn
kquinn@pros.com
713-335-5380

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