HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a big data software company, today announced that it has signed an OEM agreement with SAP (NYSE: SAP) to embed the SAP HANA® platform with its big data applications for sales effectiveness. PROS delivers prescriptive analytics and real-time data science to help customers identify sales opportunities that are most likely to close, offers that are most likely to sell, and prices that are more likely to win. SAP HANA is a real-time database platform that streamlines analytics, planning, and predictive and sentiment assessments to allow business to operate in real time.
“Today’s announcement represents a natural extension in our long-term partnership with SAP, continuing our legacy of innovation in providing customers with a rich integration experience,” said PROS President and CEO Andres Reiner. “We share a common vision of empowering customers to take faster, more informed actions that are expected to drive their growth and overall business performance and intended to help customers outperform in their markets. SAP is a frontrunner in real-time, in-memory analytics, and we are pleased to broaden our collaboration with them as an SAP OEM partner.”
PROS is an SAP software solution and technology partner in the SAP PartnerEdge® program and a participant in the SAP EcoHub solutions marketplace. As an OEM partner, the planned integration with SAP HANA is expected to offer PROS customers additional flexibility, speed and data science capabilities for optimizing pricing and sales.
“Companies around the world are looking for new ways to run their businesses and serve their customers faster, simpler and smarter using big data and in-memory analytics,” said Steven Birdsall, senior vice president and general manager, OEM and Rapid Deployment Solutions, SAP. “PROS big data applications for sales, coupled with SAP HANA, are projected to provide customers with game-changing solutions that further unlock the power of their data and enable their sales teams to sell far more effectively.”
Since 2009, PROS solutions have achieved SAP-certified integration with SAP solutions, including the PROS® Pricing Solution Suite™.
“With more than half of our B2B customers running SAP solutions, we continue to invest in our partnership with SAP to provide customers with cohesive solutions for their SAP environments,” said PROS Senior Vice President, Products, Oscar Moreno. “We believe PROS depth of integration of its solutions with the SAP ERP and SAP CRM applications is a key reason why customers choose PROS. We now look forward to extending our offering with capabilities included in SAP HANA.”
To learn more about PROS, stop by booth 3221 at the SAPPHIRE® NOW and ASUG Annual Conference being held May 14-16 in Orlando; look for PROS in the SAP EcoHub solutions marketplace; or visit the website at www.pros.com.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 27 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has implemented more than 600 solutions in more than 55 countries. The PROS team comprises more than 700 professionals around the world. To learn more, visit www.pros.com.
PROS Forward-looking Statement
This press release contains forward-looking statements, including statements about the functionality and benefits of big data applications for sales effectiveness to organizations generally as well as the functionality and benefits of PROS software applications. The forward-looking statements contained in this press release are based upon PROS historical experience with big data software for sales effectiveness and its current expectations of the benefits of such software for organizations that implement and utilize this software with a real-time database platform. Factors that could cause actual results to differ materially from those described herein include 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 big data software for sales effectiveness 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, SAP HANA, SAPPHIRE 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.
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
