HOUSTON & BEIJING--(BUSINESS WIRE)--PROS® (NYSE: PRO), a world leader in pricing and revenue management software, today announced it participated in the SAPPHIRE® NOW and SAP® TechEd Conferences in Beijing. PROS integrates with SAP applications to incorporate the power of prescriptive pricing that drives higher margins, increases market share and improves business agility. The conference, which was held in Beijing at the China National Convention Center, attracted more than 20,000 participants.
Joining PROS as a co-participant for the Beijing event were representatives from its reseller partner in China, Integritas Pacific.
PROS is an SAP software solution and technology partner in the SAP PartnerEdge™ program and a participant in the SAP EcoHub solution marketplace, which can be viewed on the website at http://ecohub.sdn.sap.com/irj/ecohub/solutions/PROSpricing.
The PROS Pricing Solution Suite has achieved SAP certification as powered by the SAP NetWeaver® technology platform. Customers who have chosen PROS for price and margin management come from a broad range of vertical industries in the manufacturing, distribution and services industries: chemicals; petroleum; oil and gas; high-tech; IT services; medical devices; auto parts; heavy equipment; paper and packaging; and building products. PROS offers companies a highly configurable solution that requires no custom coding, enabling business users to rapidly adjust their pricing practices and price points without the need of programmers.
“China is a promising market for PROS, and we appreciate the opportunity to showcase our SAP-certified price and margin management solutions to SAP customers in the Asia Pacific region,” said PROS Chief Marketing Officer Tim Girgenti. “Organizations that implement PROS in conjunction with SAP applications, including SAP ERP and SAP Customer Relationship Management (CRM), are able to realize an even greater return on their SAP investment by turning transactional data into actionable and efficient pricing strategies. The combination of SAP’s best practices with PROS prescriptive pricing capabilities presents a great opportunity for companies in China to turn pricing into a true strategic advantage.”
“The Chinese economic landscape continues to mature, with companies now shifting their focus away from growth and new-product expansion, and toward margin and business agility improvements,” said Integritas Pacific CEO Michael Zhang. “We see PROS pricing optimization software as a strategic enabler for growth among organizations in China and the Asia-Pacific region.”
About Integritas Pacific
Integritas is a software distribution company that provides international enterprise software products and support to clients via its subsidiaries and channels in China and Singapore. Integritas leverages its installed client base and domain expertise to develop intellectual property, solutions and software.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive pricing and revenue management software for companies in the manufacturing, distribution, services and travel industries. PROS gives customers far greater confidence and agility in their pricing strategies by providing data-driven insights into transaction profitability, forecasting demand, recommending optimal prices for each product and deal, and streamlining pricing processes with enhanced controls and compliance. With $468 billion in revenues under management, PROS has implemented more than 500 solutions in more than 50 countries. The PROS team comprises more than 500 professionals, including 100 with advanced degrees and 25 with Ph.D.s. To learn more, visit www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality and benefits of pricing 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 pricing software and its current expectations of the benefits of pricing 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 pricing and revenue management 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 pricing 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.
SAP, SAPPHIRE, SAP PartnerEdge, SAP NetWeaver and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.