PROS Named a Leader in the 2022 Gartner Magic Quadrant for Configure, Price and Quote Application Suites for Second Consecutive Year

PROS Holdings, Inc. (NYSE: PRO), the CFO’s best-kept secret for profitable growth, today announced that it has been recognized as a Leader by Gartner, Inc. in its 2022 Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites for the second year in a row.

“We view this Leader position as a testament to our focus and innovation in the CPQ space,” said PROS President and Chief Executive Officer Andres Reiner. “I’m incredibly proud of our team and how now more than ever, PROS is helping companies achieve profitable growth even in the face of increased market volatility.”

Gartner notes that “Leaders have the Ability to Execute their vision through products, services and demonstrably solid business results in the form of revenue and earnings. Leaders have significant successful customer deployments in a wide variety of industries and with multiple proofs of deployments for more than 500 users. They achieve consistently above-average customer experience satisfaction scores. They are often the vendors against which other providers measure themselves.”

Grad Conn, PROS Chief Marketing Officer, said that “We were particularly excited to see that PROS was recognized in the Gartner report. We believe this is due to our award-winning achievements in artificial intelligence, as well as our industry-leading proposal negotiation functionality, which enables our customers to surface price recommendations and manage price updates and pricing agreements at mass scale.”

To access a complimentary copy of the 2022 Gartner Magic Quadrant for Configure, Price and Quote Application Suites, click here.

“Gartner also released its companion Critical Capabilities report and we were pleased to see that PROS ranked among the four highest vendors in Direct, Channel and Self-Service Sales Use Cases, including ranking first in Channel Sales (3.8 out of 5) and second in Direct Sales (3.74 out of 5),” continued Grad Conn. “With this recognition, we believe that any business looking to deliver the best omnichannel experiences look no further than PROS Smart Configure Price Quote.”

To access a complimentary copy of the 2022 Gartner Critical Capabilities for Configure, Price and Quote Application Suites, click here.

Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, Mark Lewis, Dayna Ford, 8 November 2022.

Gartner, Critical Capabilities for Configure, Price and Quote Application Suites, Mark Lewis, Dayna Ford, 9 November 2022.