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
Strategic Pricing

PROS Provides Science-Based Pricing for Uncertain Times
PROS Summit Speaker & Industry Analyst Outlines Key Takeaways from Industry Leading Event

Houston, Texas – May 20, 2008 — PROS, a world leader in pricing and revenue optimization science and software, today affirms key conclusions presented in the May 16, 2008 AMR Research Alert Article, “PROS Conference Reaffirms Strength of Pricing Application Market.”

Some of the key takeaways from this report include:

  • The down economy is a potential boon for price optimization tools and services
  • The need for science-based pricing is a requirement in uncertain financial times
  • PROS offers price optimization as a Microsoft Office Business Application

Pricing optimization projects implemented with real-time integrated science and a highly scalable product platform offer the greatest opportunity for profit improvement and a powerful return on investment. 

“One industrial manufacturer puts it like this: if the choice is between a pricing tool that can help demonstrate profitability to stakeholders or a multiyear ERP application with difficult-to-demonstrate, near-term ROI, the chances are executives will go for the pricing tool. At that manufacturer, price optimization was recently chosen as the top project to invest in by functional areas, including sales, marketing, and IT.” Source: Noha Tohamy, AMR Research, “PROS Conference Reaffirms Strength of Pricing Application Market.”

PROS price optimization software provides strategic innovation and risk mitigation in a challenging environment. “The natural reaction in a downturn is to retreat, cancel new initiatives, and go back to basics,” notes PROS President, Pricing Division, Jeff Robinson. “However, companies that focus on price optimization projects in this environment will be better positioned to remain profitable industry leaders as competitive opportunities arise and economics conditions improve.”

Innovative industry leaders choose PROS for best-of-breed science-based software products. “These tools must be able to conduct accurate customer and product segmentation while analyzing probability and the upside of customer retention as well as the cost to serve,” continues Noha Tohamy. “This is the only way for sales people to determine if transactions enhance the company’s overall profitability and its ability to achieve business goals.” 

In addition, tighter coupling of PROS’ Pricing Solutions Suite with Office Business Applications (OBAs), including Microsoft Office and Microsoft SharePoint provide an even more streamlined process. The largest consumers of price optimization data are sales executives. This added familiarity promises to offer even higher levels of adoption and ROI from an investment in pricing optimization software.

About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution and price optimization. By using our software products, our customers gain insight into their pricing strategies, identify detrimental pricing practices, optimize their pricing decision-making and improve their business processes and financial performance. PROS' software products incorporate 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 our 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 300 employees, more than 100 with advanced degrees and 20 with Ph.D.s.

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:
PROS
Corporate Communications
(713) 335-5197
CorpComm@prospricing.com