PROS Expands Relationship with Siemens Building Technologies
December 05 2017 - 8:00AM
Business Wire
- Implementation of cloud-based PROS
Smart CPQ (Configure-Price Quote) in 15 European countries
- Goal is to automate and simplify
configuration, pricing and quoting processes for sales teams
- Based on advanced machine learning and
Artificial Intelligence, PROS Smart CPQ enables sales teams to
respond faster to customers
PROS® (NYSE: PRO), a cloud software company powering the shift
to modern commerce, today announced an expanded relationship with
the Siemens Building Technologies Division, with plans to implement
PROS Smart CPQ in 15 countries in the Division’s European
region.
Building Technologies (BT) is a leading developer and provider
of products, system solutions and services for building automation,
energy efficiency and safety. BT’s innovative building-technology
solutions are keeping pace with on-going digitalization of all
processes in buildings. This creates perfect places for the people
who live and work in these buildings.
“In today’s market, our customers are looking for speed and
transparency when they come to us for quotes. That places increased
pressure on our sales teams to respond far more quickly and with
greater accuracy,” said Sebastien Bey, Senior Vice President and
Head of Information Technology at Siemens Building Technologies.
“PROS Smart CPQ is a strategic differentiator that enables us to
respond faster to customers across our markets. With the help of
PROS Smart CPQ and our collaboration with PROS, we’re able to
provide our sales teams with a flexible quotation structure,
personalized texts and predefined templates in a web-enabled user
interface. With PROS Smart CPQ, sales teams can deliver
high-quality, fast quote returns to meet the demands of these
fast-changing markets.”
PROS Smart CPQ automates and simplifies configuration, pricing
and quoting processes for sales teams, empowering them to instantly
create accurate, personalized solutions for each customer to
deliver the most profitable and compelling offers. Using artificial
intelligence and machine learning, PROS dynamic pricing science
provides prescriptive insights into willingness-to-pay at the
individual customer level, giving sales teams the ability to offer
the right product at the right price in real-time for every
customer.
“The pace of change in the digital era requires companies to
respond to customers across all of their channels with far greater
speed and accuracy using a modern commerce strategy,” said PROS
Vice President, Professional Services, Sebastian Mamro. “PROS Smart
CPQ leverages advanced machine learning and AI technology, enabling
our customers to create personalized and frictionless buying
experiences, which is today’s standard for competing and winning.
Siemens Building Technologies is a leading company for innovative
building technology. Our customers rely on our partnership
approach, which helps drive their success. We appreciate their
confidence in selecting PROS for this strategic project.”
To learn more, visit the PROS website or follow PROS on Twitter
at @PROS_Inc.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a cloud software company
powering the shift to modern commerce by helping companies create
personalized and frictionless buying experiences for their
customers. Fueled by dynamic pricing science and machine learning,
PROS solutions make it possible for companies to price, configure
and sell their products and services in an omnichannel environment
with speed, precision and consistency. Our customers, who are
leaders in their markets, benefit from decades of data science
expertise infused into our industry solutions. To learn more,
visit pros.com.
Forward-looking Statements
This press release contains forward-looking statements,
including statements about the functionality and benefits of
revenue, profit realization and modern commerce 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 revenue, profit realization and modern commerce software and
its current expectations of the benefits of revenue, profit
realization and modern commerce 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 revenue, profit
realization and modern commerce software needs, the risks
associated with PROS developing and enhancing products with the
functionality necessary to deliver the stated results and the risks
associated with the complex implementation and maintenance of
revenue, profit realization and modern commerce software such as
PROS software 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171205005360/en/
PROSYvonne Donaldson, 713.335.5310ydonaldson@pros.com
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