PROS Launches Cloud-Based Big Data Solution to Help Companies Drive Sales Growth with the Power of Data Science
PROS®
(NYSE: PRO), a big data software company, today announced PROS Step™,
the company’s latest big data application innovation designed to help
companies meet sales targets and outperform in their markets. Step
provides mid-size companies with pricing and selling recommendations,
powered by data science, in a cloud-based, self-service model that’s
easy to set up and use. In just minutes, Step replaces days or months of
manual processes for setting prices and identifying new opportunities,
with data science and automation that can lead to immediate sales
results, and help sales teams achieve their quotas more confidently.
Step is the latest addition to PROS portfolio of SaaS offerings for
mid-size companies, complementing its PROS Quote2Win™ solution for deal
quoting. Step and Quote2Win are a part of PROS strategy for achieving
long-term, sustainable growth in the market through innovation and
product leadership.
Step and its patent-pending technology incorporate data science and
advanced segmentation that allows companies to tailor their pricing and
selling strategies to each customer’s unique buying preferences.
Companies simply upload their spreadsheets, and Step quickly analyzes
the data to uncover the greatest revenue opportunities, arming sales
with optimized price guidance to confidently win business.
“Step is another milestone in PROS long-standing history of innovation
in big data science and technology,” said PROS Senior Vice President,
Products, Oscar
Moreno. “Companies that leverage real-time automated data science
for better pricing and selling decisions can outperform their
competitors with greater pricing accuracy, greater sales confidence and
greater agility. We are pleased to extend these benefits to a broader
market through a multi-tenant, cloud-based solution tailored to the
needs of mid-size companies.”
“We're a world-class, global manufacturer of commercial laundry
equipment, in operation since 1908, and we ship our products in every
market and industry all over the globe," said Brian Stark, general
manager of Alliance Laundry Systems' Ripon Service Parts Center. "We
stock more than 20,000 parts, and we were looking for a system that
provides not only a time savings in segmenting our inventory by part
types, but also one that is easy-to-use for pricing and selling
recommendations. We conducted extensive testing on PROS Step and found
it met our requirements across the board. Step will help us speed the
process of providing pricing information to our customers.”
About PROS Step
PROS Step is an easy-to-use, easy-to-set-up cloud-based solution that
helps companies of all sizes apply the power of science to their data to
improve sales effectiveness through micro-segmentation and prescriptive
pricing:
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Step brings the power and credibility of data science and automated
prescriptive pricing to companies without large or sophisticated
pricing and IT organizations. Companies can put it to work from the
first day to surface new revenue opportunities.
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In a matter of minutes – through the application of its powerful
analytics – Step micro-segments customers by common buying
preferences, and prescribes new pricing and selling strategies unique
to each customer segment. Sales teams can stack rank their biggest
opportunities and confidently focus on deals most likely to have the
biggest impact on the business.
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PROS Step runs on the highly scalable, enterprise-grade Microsoft
Windows Azure platform, which reduces large capital expenditures and
lowers IT support requirements.
“As the 2013 Microsoft Applications Development Partner of the Year,
PROS continues to innovate on the Microsoft platform to create value for
its customers,” said Dewey Forrester, senior director at Microsoft. “We
are pleased that PROS is taking advantage of Windows Azure to serve a
new and growing segment, which will benefit from deploying big data
applications in the cloud.”
To learn more about PROS
and PROS
Step, visit the website at www.pros.com.
About Alliance Laundry Systems, LLC
Based in Ripon, Wis., Alliance Laundry Systems LLC is a leading global
manufacturer of commercial laundry products and provider of services for
laundromats, multi-housing laundries and on-premises laundries. Alliance
Laundry offers a full line of washers and dryers with load capacities
from 12 to 200 pounds for commercial and consumer use. The company’s
products are sold under the well-known brand names Speed Queen®,
UniMac®, Huebsch™, Cissell® and IPSO®.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a big data software company that
helps customers outperform in their markets by using big data to sell
more effectively. We apply 27 years of data science experience to unlock
buying patterns and preferences within transaction data to reveal which
opportunities are most likely to close, which offers are most likely to
sell and which prices are most likely to win. PROS offers big data
solutions to optimize sales, pricing, quoting, rebates and revenue
management across more than 30 industries. PROS has implemented more
than 500 solutions in more than 55 countries. The PROS team comprises
more than 700 professionals around the world. To learn more, visit www.pros.com.
Forward-looking Statements
This press release contains forward-looking statements, including
statements about the functionality and benefits of pricing software to
organizations generally as well as the functionality and benefits of
PROS software products. The forward-looking statements contained in this
press release are based upon PROS historical experience with pricing and
big data software and its current expectations of the benefits of
pricing and big data software for organizations that implement and
utilize such software. Factors that could cause actual results to differ
materially from those described herein include the addressability of an
organization’s pricing needs, the risks associated with PROS developing
and enhancing products with the functionality necessary to deliver the
stated results, demand for PROS new products from its customers, and
customer adoption of those products. Additional information relating to
the uncertainty affecting the PROS business is 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.
Copyright Business Wire 2013