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.