PROS Awarded Houston Business Journal 2020 Innovation Award
September 30 2020 - 8:00AM
Business Wire
More than three decades of deep-science fuels
foundation to help B2B companies compete and win in today’s digital
market
PROS® (NYSE: PRO), a provider of AI-powered solutions that
optimize selling in the digital economy, today announced that it
has been named a winner of the Houston Business Journal’s
second-annual Innovation Award for PROS Price Optimization and
Management solutions. This latest award adds to the company’s
momentum in delivering solutions that help businesses respond to
customers’ needs by offering an advanced omnichannel, customer
buying experience, designed to help maximize revenue and win more
business.
Today’s B2B buyer expects a B2C experience. 74 percent of B2B
buyers now want to buy online, and 68 percent of customers want to
choose their own web research over speaking with a sales rep. As a
result, B2B organizations are aggressively investing in
digitalizing their sales processes in order to provide customer
experiences that are inspired by innovative B2C experiences.
PROS Price Optimization and Management solutions are delivered
as part of the PROS Platform, enabling businesses to more rapidly
embrace the full power of digital selling. The platform delivers
real-time optimized prices across all go-to-market channels, sales
acceleration tools for configuration and quoting, and technology to
unlock the power of eCommerce. Using the platform, PROS customers
are able to deliver a far superior, differentiated buyer experience
powered by machine learning and AI. The PROS Platform continually
learns and incorporates new market information to deliver a
competitive, market-relevant price for the unique conditions of
every buying engagement, as well as intelligent configuration and
quoting for sales teams and eCommerce channels.
“We are honored to be recognized by the Houston Business Journal
for this prestigious award,” said PROS President and Chief
Executive Officer Andres Reiner. “Our customers rely on PROS
solutions as they rapidly shift to digital selling. I’m extremely
proud of the commitment our teams showcase each day in driving
innovation and value for our customers, helping them outperform in
their markets by enabling smarter selling in today’s digital
economy.”
The HBJ Innovation Awards is an annual industry program honoring
companies that complete innovations across all fields of work. To
be considered for the award, Houston-area companies must showcase
innovation across all facets of business, not just technology. PROS
and other winners were honored at a virtual event on September 18,
2020.
Visit the PROS Awards page and Customer page to see how PROS is
driving innovation to help businesses win in today’s digital
selling environment.
About PROS
PROS Holdings, Inc. (NYSE: PRO) provides AI-powered solutions
that optimize selling in the digital economy. 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.
Forward-looking Statements
This press release contains forward-looking statements,
including statements about the functionality and benefits of
AI-powered solutions 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 AI-powered solutions and
its current expectations of the benefits of AI-powered solutions
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
AI-powered solution 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 AI-powered solutions 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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version on businesswire.com: https://www.businesswire.com/news/home/20200930005021/en/
Amanda Parrish aparrish@pros.com 832-924-4731
Pros (NYSE:PRO)
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