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.