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PROS is a world leader in pricing
optimization science. We bring high value to our customers
-- value that cannot be achieved without the use of pricing
science -- by providing a range of scientific products. These
products are designed to help our customers grow as they
seek to address evermore complex pricing problems. While
traditional business systems, such as ERP and CRM, capture
sales and customer data that have the potential for better
decision making, pricing excellence requires that companies
go beyond gathering data. They must use science-based pricing
optimization software to transform their data into information
and insights that support effective, powerful decisions leading
to increased profits and margins.
Our unequaled pricing optimization science is based on advanced
methodologies that include, but are not limited to, Bayesian
hierarchical forecasting, linear and non-linear multivariate
analysis, and linear, non-linear, and dynamic programming.
All science is seamlessly integrated into a powerful science
platform that allows us to continually expand our science
capabilities with the latest research. Recognizing that a
long term investment in science is vital for our customers
and differentiates us from our competitors, we are fervent
in our dedication to the science of pricing. Employing thirty
scientists, over half of which have PhDs, we are committed
to the advancement of pricing optimization science and its
implementation in our software products. Our scientists have
specialties in the following areas:
- Operations research
- Management science
- Decision science
- Statistics
- Forecasting
- Econometrics
- Marketing science
- Behavioral modeling
- Financial engineering
- Scientific computational methods
PROS has scientific and practical experience to make pricing
science a success in our customers’ organizations.
Our Science Advisory Council, which is comprised of faculty
from major research universities, helps us keep abreast of
leading-edge academic research from throughout the world.
Working closely with our customers and with our development
and professional service organizations, we develop and enhance
high value, state of the art scientific pricing software.
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