PROS Smart CPQ Ranked as a “Strong Performer” in Configure-Price-Quote Report from Independent Research Firm
PROS achieves highest score across all companies in Reference Customer Assessment, and Intelligence and Analytics criteria; cited as uniquely positioned to lead the market in analytics-driven recommendations
HOUSTON, Feb. 22, 2017 – PROS® (NYSE: PRO), the revenue and profit realization company, today announced it has achieved a “Strong Performer” status in a new report issued from Forrester Research. The Forrester Wave™: Configure-Price-Quote Solutions, Q1 2017, written by John Bruno, names PROS as having the highest score among all participants in the reference customer assessment, and intelligence and analytics criteria, along with the highest possible score for Pricing and Subscription Management criteria.
The report discusses several areas that PROS considers as its key strengths:
- PROS received the only score of 5.0 out of a possible 5.0 in the Reference Customer Assessment criteria: “Customers universally speak of the vendor’s commitment to customer success, citing that they feel like they signed up for a strategic partnership rather than a software license.”
- PROS is the only company cited for providing customers with margin improvements: “PROS excels at leveraging first- and third-party data to provide intelligent recommendations to sellers, and its customers cite seeing a few percentage points improvement in margin directly as a result.”
- PROS received the highest score of 4.0 among all companies on Intelligence and Analytics, which it believes validates its unique ability to drive the shift to modern commerce through data science: “Thanks to its long track record of using data to make more informed decisions, and its unwavering commitment to advance these functions, PROS is uniquely positioned to lead the market in analytics-driven recommendations.”
“In the age of the customer, the digital buying experience is driving a dramatic shift in how companies do business,” said PROS President & Chief Executive Officer Andres Reiner. “Today’s leaders are evaluating the best way to provide their customers with the personalized, frictionless and omnichannel experiences they expect. Powered by Microsoft’s Azure cloud platform and Microsoft Cortana Intelligence, PROS delivers a modern commerce experience infused with dynamic pricing science. We believe that our designation as a “strong performer” in the Forrester Wave acknowledges that we receive top marks from customers for helping companies outperform.”
Takeshi Numoto, Corporate Vice President, Microsoft Cloud + Enterprise, Microsoft Corp. said, “We’re excited to have PROS as a partner driving digital transformation for businesses on Microsoft Azure. Through solutions like PROS Smart CPQ for Microsoft Dynamics 365, organizations can accelerate sales and harmonize their customers’ experience across direct, indirect and ecommerce channels. We are proud to innovate with PROS to help deliver on our mission of helping people achieve more.”
To obtain a copy of The Forrester Wave™: Configure-Price-Quote Solutions, Q1 2017, visit the PROS website. The report is also available on the Forrester website, which requires a subscription for access.
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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