Profile: PROS Holdings Inc (PRO.N)

PRO.N on New York Stock Exchange

32.76USD
1 Aug 2013
Price Change (% chg)

$-0.06 (-0.18%)
Prev Close
$32.82
Open
$33.04
Day's High
$33.34
Day's Low
$32.59
Volume
44,216
Avg. Vol
36,796
52-wk High
$33.53
52-wk Low
$12.73

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PROS Holdings, Inc.( PROS), provides big data software applications designed to help companies outperform in their markets by using big data to sell more effectively. The Company applies data science experience to unlock buying patterns and preferences within transaction data to reveals which opportunities PROS offers big data software applications to analyze, execute, and optimize sales, pricing, quoting, rebates and revenue management. The Company also provides professional services to implement its software applications. PROS has completed over 600 implementations of the Company's solutions, across more than 30 industries in more than 50 countries.

The Company’s big data solutions help transform its customers' sales and marketing practices into strategic advantages. The Company focuses on delivering insights through software packages, which offers and prices are likely to be accepted by their customers. The data science embedded in the Company's solutions also allows its customers to analyze, optimize and execute sales and marketing strategies by providing inventory, pricing and revenue projections to help enhance future performance. The Company's solutions also help to streamline sales, pricing and revenue management processes with enhanced controls and compliance.

Big Data Solutions for Pricing and Sales Effectiveness

PROS pricing and sales effectiveness software and software-as-a-service (SaaS) solutions enable companies in the manufacturing, distribution and services industries to analyze, optimize and execute sales, pricing, quoting and rebate strategies. PROS big data solutions for pricing and sales effectiveness include solutions. The solutions provide businesses with tools and processes to provide sales negotiation guidance encompassing pricing, cross-sell and upsell opportunities using a foundation of data science.

Big Data Solutions for Revenue Management

PROS revenue management solutions are a set of integrated software solutions that enable enterprises in the travel industry, including the airline, hotel and cruise industries, to drive revenue and profit-maximizing business strategies through the application of advanced forecasting and optimization technologies and decision-support capabilities .PROS big data solutions for revenue management solutions include PROS Analytics for Airlines identifies hidden revenue leaks and opportunities; PROS Revenue Management manages passenger demand with either leg- or segment-based revenue management; PROS O&D manages passenger demand with passenger name record (PNR), based revenue management; PROS Real-Time Dynamic Pricing determines optimal prices based on real-time evaluations; PROS Group Revenue Management manages revenues related to group requests and bookings; PROS Network Revenue Planning delivers network-oriented fare class segmentation; PROS Cruise Pricing and Revenue Management allows customers to understand their consumers price sensitivities, track competitor behavior, and quickly set prices and availability, and PROS Hotel Revenue Management helps customers simplify, accelerate, and improve pricing decision making.

The Company's software architecture supports real-time, high volume transaction processing and allows the Company to handle the processing and database requirements of the sophisticated and customers, including customers with sub-second electronic response requirements. The Company provides standardized configurations of its software based on the industries the Company serves and offer professional services to configure these solutions to meet the specific needs of each customer. The Company's software solutions have both a single code base and a single integrated database and operates in some of the complex and demanding information technology environments.

The Company licenses its solutions under both perpetual and term licenses models for customers. The Company's professional services include implementation, consultation, training services and maintenance and customer support. The Company provides technical deployment, integration, deployment support and configuration services related to its solutions. In addition, the Company also assists customers in loading and validating data and supporting organizational activities to assist its customers' transition from awareness of their pricing to adoption of pricing practices.

The Company's consulting services include discovery and insight consulting to analyze a customer's current pricing processes and data, identifying and prioritizing pricing opportunities, recommending pricing practices and strategic pricing services. The Company also offers change management, pricing process redesign, pricing organizational design, opportunity assessment and performance management consulting.

The Company offers training to its customers and partners to increase the knowledge and skills to deploy and use the full functionality of its products. The Company offers an array of live and virtual classroom training, as well as tailored, private on-site classroom training. The Company's courses include training on all aspects of the Company's products, from introductory on-demand mini-courses to multi-day hands-on deep technical classroom sessions. The Company sells its software solutions to customers in the manufacturing, distribution, services, and travel industries. These industries include various verticals such as chemical, high tech, consumer goods, cargo, food service, equipment rental, hotels, industrial, medical, petroleum, airlines and service parts.

The Company competes with IDeaS, DemandTec, JDA Software, Oracle, SAP, Easy RMS, IBM, ProfitLogic, Khimetrics, Sabre Airline Solutions and Lufthansa Systems.

Company Address

PROS Holdings Inc

Suite #900, 3100 Main Street
HOUSTON   TX   77002
P: +1713.3355151
F: +1713.3358144

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