Johns Manville Successfully Implements Analytics with PROS
Houston, Texas – January 22, 2008 – PROS, a world leader in pricing and revenue optimization science and software for manufacturing, distribution, services, hotel/cruise, and airlines announced today Johns Manville has successfully completed its global implementation of PROS Pricing Solutions Suite (PPSS) Pricing Analytics.
Lance Altizer, Johns Manville Vice President of Marketing and Portfolio Management stated, “Analytics gives us greater visibility into the impact of our pricing actions. Pricing Analytics provides insight regarding our customers’ purchase behavior that we have never had before, allowing us to make better pricing decisions going forward.”
PROS Pricing Analytics enables Johns Manville pricing analysts, business unit product managers, and executives to focus on the highest value pricing improvements. PROS Pricing Analytics provides the ability to obtain accurate historical pricing information needed to make timely and effective pricing decisions.
“PROS Pricing Analytics software allows Johns Manville to easily identify and take immediate action to stop price-based profit leaks, unnecessary discounting, and other destructive pricing practices,” stated Jeff Robinson, PROS Senior Vice President, Pricing.
PROS PPSS includes a full suite of analytics, execution, and optimization tools. For over 20 years, PROS has solved the most complex pricing problems in industrial manufacturing and many other industries by leveraging a common platform built on advanced science-based segmentation and multiple robust optimization tools.
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality building and specialty products. In business since 1858, the Denver-based company has annual sales in excess of $2 billion and holds leadership positions in all of the key markets that it serves. Johns Manville employs approximately 7,800 people and operates 41 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.
About PROS
PROS Holdings, Inc. is the leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution, and price optimization. By using PROS software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with hundreds of simultaneous users and sub-second electronic transactions. PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. PROS has implemented over 200 solutions across a range of industries in more than 40 countries.
Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 350 employees, more than 100 with advanced degrees and over 25 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality of the PROS products and their ability to manage and forecast across an enterprise. The forward-looking statement contained in this press release are based upon PROS historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include PROS ability to develop new products and product enhancements with the required functionality desired and PROS ability to implement and support successfully its products to the expectations of its customers. Additional information relating to the uncertainty affecting the PROS business are 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.
Media Contacts:
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