Houston, Texas – December 11, 2006 — Achieving pricing excellence is one of the most important strategic initiatives of successful corporations. We are excited to share the latest achievements and information in the Pricing and Revenue Optimization space. We hope to see you at the 2007 PROS Pricing Excellence Summit on April 22-24, 2007, in Houston, TX!
PROS Announces Open Registration for the
2007 Pricing Excellence Summit: The Roadmap to Pricing Excellence
PROS, a world leader in pricing and revenue optimization science and software, announces open registration for its 2007 PROS Pricing Excellence Summit to be held on April 22-24, 2007, at the Intercontinental Hotel in Houston, Texas.
The 2006 Pricing Excellence Summit and Revenue Management Conference was attended by over 470 pricing professionals across a variety of industries. The theme of the 2007 event is The Roadmap to Pricing Excellence. The PROS Pricing Excellence Summit is designed to help executives of Fortune 1000 companies increase profits through best practices in pricing strategies and processes. The lectures and networking sessions will focus on how companies can create world-class pricing capabilities that generate extraordinary margin improvements. Attendees represent marketing, sales, product management, operations, product development, finance, business strategy, and top management.
Commenting on the 2006 Event, Steve Pinchuk, Corporate Vice President Revenue Management for Harrah’s Entertainment said, “The speakers taught me new ways to approach pricing instead of just talking about theories. I also liked the opportunity to network with other industry leaders and learn about their pricing challenges. This conference is definitely worth the time!”
“Any executive who has a direct or supporting role in developing and implementing pricing strategy should attend this event,” said Jeff Robinson, Vice President of PROS Pricing Solutions. “Executives return year after year to our conference. Over 90% of our 2006 attendees said they were likely to return to the 2007 event.”
PROS lists the key benefits of attending this year’s event as follows:
- Discover proven methods for eliminating pricing profit leaks
- Learn what other companies have done to successfully address key pricing challenges
- Develop a roadmap for achieving pricing excellence in your own organization
- Understand how different technologies can improve pricing performance
- Discuss best-practice case studies for improving pricing capabilities
- Learn how to build pricing excellence inside your sales force
- Network with industry leaders and pricing practitioners
The 2007 Pricing Excellence Summit features a rich and diverse set of pricing topics including case studies, panel discussions, and industry workshops on manufacturing, distribution, chemicals, retail, media, pharmaceuticals and life sciences.
Featured presentations will include:
- Getting sales aligned with pricing excellence goals
- The RIGHT way to incorporate competitive price intelligence
- Balancing profit and market share
- Managing price through multiple channels
- Finding and fixing profit leakages
- Why you must understand the price sensitivity of your customers
- Price Wars: Avoiding danger zones
- Building global pricing standards for multinational companies
- When NOT to discount
- Why pricing software?
- Building an End-to-end pricing system
- The importance of change management in pricing excellence transformation
A Sample of the Companies speaking at the 2007 Pricing Excellence Summit include:
- Microsoft
- Harrah’s Entertainment
- Yankee Group
- Outrigger Hotels & Resorts
- Pricing Solutions Ltd.
- Strategic Pricing Group
- Forrester Research
- Gartner Research
- Deloitte
- A Fortune 500 Building Products Distributor
- A Fortune 500 Chemicals Company
- A Fortune 500 Distributor
- A Fortune 500 Financial Services Company
- A Real Estate Investment Trust
- A Fortune 500 Manufacturing Company
- A Fortune 1000 High Tech Manufacturing Company
- A Fortune 1000 Consumer Package Goods Company
- A Fortune 1000 Industrial Manufacturing Company
To provide the opportunity for more participants to attend the 2007 PROS Pricing Excellence Summit, PROS has kept the registration fees very reasonable. The early bird pricing is $595 until January 31, 2007; beginning February 1, 2007, the registration price will be $795. Also, for every three paid registrants a company sends, a fourth registrant may attend the conference free of charge (contact info@prospricing.com for the redemption code).
Registration is now open, visit www.prospricing.com or email info@prospricing.com.
PROS Presenting Chemical Webinar entitled, “North American Petrochemicals: When Will the Tide Turn”
PROS, a world leader in pricing and revenue optimization science and software, will be presenting a joint webinar with Dewitt & Company entitled, “North American Petrochemicals: When Will the Tide Turn.” This webinar will be held on Thursday, December 14, 2006, beginning at 9 a.m., CST.
The webinar will feature key Petrochemicals topics such as:
- Energy Overview
- Economic Review and Outlook
- Petrochemicals Cycle
- North American’s Outlook
- Pricing and Revenue Optimization
For more information or to register, please E-mail info@prospricing.com.
PROS Announces Strong Third Quarter and First Nine Months 2006 Financial Results
PROS, a world leader in pricing
and revenue optimization science and software, announced strong
results for the third quarter and first nine months of 2006. PROS
extended its record of profitability and positive cash flow
to 31 straight quarters with increased revenues and a strong
balance sheet.
Major milestones to date include the following:
- New deals closed include software solutions for Pricing Analytics, Price List Optimization, Deal Manager and Pricing Manager. Pricing software implementations include both global and domestic customers.
- Announced the release of the PROS Pricing Solution Suite v3.5 which enhances PROS Pricing Solution Suite and represents the next step in the evolution of PROS best-in-class Pricing and Revenue Optimization product set.
- Major investment in new science, new software development and new consulting services. Major releases each quarter for each product.
- Successfully released the Leased Property Pricing System which provides optimal prices for new leases, renewal leases and unit amenities.
- Launched the Product Optimization Solution as part of the PROS Pricing Solution Suite; this software solution provides optimal product mix to maximize revenue and profit.
- A 100% customer retention rate; PROS Client Care provides high quality services to support a large install base of software solutions worldwide. PROS also offers superior customer-based training, pricing audits and user councils.
- PROS is headquartered in Houston, TX, and has satellite offices located in Frankfurt; Hong Kong; Singapore; Dubai; London; Seoul; Vancouver; San Francisco, CA; and Austin, TX.
- Over 470 people attended the PROS 12th Annual Pricing Excellence and Revenue Management conference, making it PROS largest and most successful conference ever. The event comprised of two separate tracks: a Pricing Excellence Summit and a Revenue Management Conference. The next conference will be held on April 22-25, 2007, in Houston, TX.
- Registration is open for the 2007 Pricing Excellence Summit on April 22-24, 2007 at the Intercontinental Hotel in Houston, TX. This conference is designed for executives of Fortune 1000 companies who have a direct or supporting role in developing and implementing their company’s pricing strategy.
- Celebrated PROS’ 20th anniversary by recognizing the substantial number of professional staff with over 10 years of PROS experience.
- PROS took another step in tightening integration of its software solutions with those from SAP AG (NYSE: SAP). PROS Pricing Management version 4.0 has successfully completed “Powered by SAP NetWeaver®” integration, which expedites the cooperative development for PROS pricing software solutions interfacing with the SAP NetWeaver open integration and application platform.
- Launched the PROS Pricing Webinar Series, which provides information on the value of pricing and grants insight on the ways to achieve pricing excellence within a corporation.
- PROS Chief Scientist Andrew Boyd Elected Chair of the INFORMS Revenue Management and Pricing Section.
- Record headcount with over 280 employees.
“PROS is positioned well to capitalize on the emerging new category of Pricing Revenue Optimization,” said Jeff Robinson, Vice President of PROS Pricing Solutions. “PROS continues to have a strong proven track record, proven processes and proven software.”
PROS Announces the Release of PROS Pricing Solution Suite v3.5
PROS, a world leader in pricing and revenue optimization science and software, announced the release of PROS Pricing Solution Suite v3.5. This release enhances PROS Pricing Solution Suite and represents the next step in the evolution of PROS best-in-class Pricing and Revenue Optimization product set. The PROS Pricing Solution Suite is comprised of the following modules: Analytics, Deal Manager, and Pricing Manager. This next-generation software release is built based on the experience of successful implementations over the last 15 years, including 104 implementations of Price Management, 68 implementations of Deal Management, and 105 implementations of integrated Analytics.
PROS Pricing Solution Suite v3.5 is based on pre-configured software solution templates and configuration tools that will make it easier to configure and deploy integrated pricing software across different industries. In addition, this next-generation suite includes many improved functional capabilities that have been added to the PROS Pricing Platform.
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Corporate Communications
PROS
info@prospricing.com
713-335-5151
