PROS Pricing
 
Pricing and Revenue Optimization Software
A world leader in pricing and revenue optimization science and software.
Software Support
Home Products Industries News & Events Company Careers Contact Us
 
Science and Research
1

Pricing Excellence Challenges and Opportunities

1

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.

 
PROS is a world leading provider of pricing and revenue optimization software products.