GSTAT Joins PROS Reseller Channel
CRM Expert Plans to Add PROS Pricing to its Center of Excellence
HOUSTON & TEL AVIV, Israel--(BUSINESS WIRE)--PROS (NYSE: PRO), the world leader in pricing and revenue management software, today announced that one of Israel’s largest data-mining and business intelligence firms has joined its reseller channel. GSTAT, headquartered in Tel Aviv, is a systems integrator and operates one of Europe’s largest data-mining centers of excellence. With today’s announcement, the company also plans to add PROS pricing software to its CRM center of excellence.
“As we began evaluating enterprise pricing as core to our business growth, PROS quickly surfaced as the best and most strategic provider in the market”
GSTAT has more than 150 consultants, with projects currently underway in Kenya, South America and Europe. With deep experience in advanced analytical CRM solutions and credit risk management from its GSTAT Xeligence Suite, the company continues to grow its customer base around the globe.
“As we began evaluating enterprise pricing as core to our business growth, PROS quickly surfaced as the best and most strategic provider in the market,” said Liz Borenstein, vice president of professional services and marketing for GSTAT. “Our clients are looking to solve real business challenges, and we selected PROS based on the power of its solutions and its prescriptive pricing methodologies. With PROS, we’ll provide our customers with the best lever for expanding their margins and driving sustainable profitability.”
“We continue to make significant additions to our reseller channel with partners who have established reputations as enterprise software providers in their markets,” said PROS Chief Marketing Officer Tim Girgenti. “The alliances and reseller channel are key to the strategy of extending our reach and scale around the world. With GSTAT making plans to expand its center of excellence to include PROS, they clearly understand that pricing software provides their clients with strategic opportunities to enhance profitability. We welcome GSTAT to the PROS reseller channel.”
The PROS suite includes PROS Scientific Analytics™, PROS Price Optimizer™ and PROS Deal Optimizer™. The three modules seamlessly work together to support an organization’s pricing lifecycle, from identifying margin opportunities, to optimizing prices, to executing pricing and deal quoting.
To learn more about the PROS reseller ecosystem, visit the website at http://www.prospricing.com.
About GSTAT
GSTAT is a leader in development and integration of advanced data-mining and analytical solutions. Staffed by more than 150 experts, and utilizing the most advanced business intelligence and data-mining technologies, GSTAT has become one of Europe’s largest data-mining centers of excellence, with numerous successes in sectors including finance, telecommunications, retail and healthcare. GSTAT offers companies of every size, in various sectors, the most cost-effective data-mining and analytical solutions in two main areas of business: CRM analytics and targeted marketing; and credit risk and Basel II. To learn more, visit the website at http://www.g-stat.com.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive enterprise pricing and revenue management software products, specializing in price analytics, price execution, and price optimization. By using PROS' software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS' software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with hundreds of simultaneous users and sub-second electronic transactions.
PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. PROS has implemented over 500 solutions across a range of industries in more than 50 countries.
Founded in 1985, PROS is headquartered in Houston. Today, PROS has over 400 employees, more than 100 with advanced degrees and over 25 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality of the PROS products and their ability to manage and forecast across an enterprise. The forward-looking statements contained in this press release are based upon PROS' historical performance and its current plans, estimates and expectations, and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include PROS' ability to develop new products and product enhancements with the required functionality desired and PROS' ability to implement and support successfully its products to the expectations of its customers. 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.