Market Research Report: PROS Holdings, Inc.



Company Overview



Name


PROS Holdings, Inc.

Mission


To help people and companies outperform by enabling smarter selling in the digital economy.

Founding Details


  • Founded: 1985

  • Founders: Mariette Woestemeyer and Ron Woestemeyer


Key People


  • Andres D. Reiner: President and Chief Executive Officer

  • Stefan Schulz: Chief Financial Officer

  • Todd McNabb: Chief Revenue Officer

  • Surain Adyanthaya: President, Global Industries

  • Nikki Brewer: Chief People Officer

  • Scott Cook: Chief Accounting Officer

  • Ajay Damani: Executive Vice President, Engineering

  • Mike Jahoda: Chief Customer Officer

  • Sunil John: Chief Product Officer

  • Damian Olthoff: General Counsel

  • Susanne Senoff: Chief Information Security Officer

  • Craig Zawada: Chief Visionary Officer


Headquarters


Houston, Texas, USA

Number of Employees


No information is available.

Revenue


No information is available.

Known For


PROS is known for its AI-powered software solutions that drive revenue and profit optimization. The company provides a breadth of tools for pricing, selling, and revenue management across diverse industries such as airlines, healthcare, automotive, and more.

Products



Airline Dynamic Ancillary Pricing


  • Description: Uses AI to match customers’ willingness-to-pay and optimize ancillary spending.

  • Key Features:

  • Real-time pricing

  • Data-driven learning

  • Open and modular integration

  • Conversion optimization

  • Minimal human intervention


Airline Revenue Management


  • Description: AI-powered solution for maximizing revenue across flights and markets.

  • Key Features:

  • AI-backed customer willingness-to-pay

  • Robust forecasting capabilities

  • Increased analyst efficiency


Offer Marketing


  • Description: Marketing, pricing, and optimization tools that enhance digital presence and user engagement.

  • Key Features:

  • High SEO performance landing pages (airTRFX)

  • Real-time price displays (airModules)

  • Optimized bidding on search engine ads (airSEM)

  • Dynamic offers across channels (airWire)


Smart Configure Price Quote (CPQ)


  • Description: Simplifies the quoting process with AI-powered capabilities for B2B sales.

  • Key Features:

  • Guided workflows for quoting

  • Real-time, personalized pricing

  • Analytics for deal performance

  • Support for complex sales processes


Smart Price Optimization and Management


  • Description: AI-driven solution for optimizing pricing strategies across all sales channels.

  • Key Features:

  • Dynamic pricing

  • Real-time price recommendations

  • Automated pricing processes

  • Comprehensive business analytics


Recent Developments



Awards and Recognitions


  • 2024 Microsoft Global ISV Partner of the Year Award: Recognized for delivering differentiated value and customer experiences through Microsoft’s cloud platform.


New Product Launches


  • Copilot for Sales Plugin: Integration enabling customer-specific information, insights, and quotes from PROS Smart Configure Price Quote directly into Outlook.


Partnerships


  • Strategic Alliance with Microsoft: Collaboration focusing on AI innovation and expanding capabilities in predictive and generative AI.


Financial Results


  • Q1 2024 Financial Results: Report published.

  • Q2 2024 Financial Results: Report published.

  • Q3 2023 Financial Results: Report published.

  • Full Year 2023 Financial Results: Report published.


Conclusion


This report provides a comprehensive overview of PROS Holdings, Inc., highlighting the company's mission, key personnel, headquarters, and industry recognition. It details their innovative AI-powered products designed for revenue optimization and selling efficiency across various industries. Recent strategic initiatives include a significant partnership with Microsoft, leading to prestigious awards and the launch of new AI-integrated products.