HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced the appointment of to its Board of Directors, effective immediately. May, an established entrepreneur and board veteran, joins PROS as an independent director, bringing deep expertise in eCommerce, digital transformation and high-growth SaaS strategies. May is an experienced leader with more than 20 years in C-suite roles, including 14 years as an operating CEO. She has successfully scaled multiple high-growth companies to successful exits, including one IPO and two s...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced its plan to unveil and launch multiple AI agents across PROS Platform solutions at . The launch is part of the company’s continued commitment to drive AI innovation in the marketplace and is a significant step toward revolutionizing how businesses optimize revenue and profitability through AI-powered decision intelligence. “While Generative AI and Large Language Models (LLMs) have dominated headlines, and the transformative impact of these AI technologies across indust...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced Forrester Research has named PROS a Leader in The Forrester WaveTM: Configure, Price, Quote Solutions, Q1 2025. PROS views this recognition as a demonstration of analyst confidence in how PROS helps businesses optimize every sales interaction and transaction across every channel, helping to accelerate growth and maximize profit. According to the Forrester report, “PROS’ vision centers on powering businesses’ omnichannel commercial strategies. It was the first to delive...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced it was named to the Constellation ShortList for both Price Optimization solutions and Configure, Price, Quote solutions. This marks the eighth consecutive year of validation for PROS and its ability to deliver transformative AI-driven commerce solutions that help accelerate sales and fuel profitable growth. “Today’s B2B buyers expect seamless, dynamic, and highly personalized purchasing experiences across any channel, making traditional pricing and selling approaches ...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced financial results for the fourth quarter and full year ended December 31, 2024. “I’m incredibly proud of our team for finishing the year strong – in 2024, we achieved 14% subscription revenue growth, delivered a 400% improvement in adjusted EBITDA, won exceptional new customers, and deepened our relationships across our expanding customer base,” stated CEO . “These results, combined with being ranked a Leader in every key industry analyst evaluation specific to our so...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced Averitt, a prominent player in the freight transportation sector, has extended and expanded its subscription of PROS Smart Price Optimization and Management. Averitt has leveraged PROS solutions since 2014 to refine its pricing strategies and consistently deliver market-relevant and brand-aligned pricing that results in revenue uplift. enables Averitt to move away from anecdotal pricing to AI-powered which adjusts prices dynamically in real-time, using business-manag...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management and digital offer marketing solutions, today announced that Lufthansa Group has expanded its use of PROS Request-Specific Pricing and adopted PROS Dynamic Ancillary Pricing, as the group continues on its AI-driven dynamic pricing journey. The moves deepen the long-term relationship between PROS and Lufthansa Group, with a constant focus on industry innovation, eliminating legacy barriers to dynamically deliver optimized offers for travelers at their ideal price point. These advance...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading SaaS provider of AI-powered pricing and selling solutions, today announced that it has once again been recognized as a Leader by Gartner, Inc. in its 2025 Magic Quadrant for Configure, Price and Quote (CPQ) Applications1. PROS has also been named a Leader in the Forrester Wave, IDC MarketScape, Nucleus Value Matrix and Frost Radar—one of only two companies to achieve this milestone. “We believe this recognition reinforces the role of PROS Smart CPQ within the broader digital economy and further demonstrates customer confidence, and by extens...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced the extension of its long-term strategic agreement with Malaysia Airlines by renewing PROS Revenue Management Advantage (RMA). The extension strengthens the collaboration between PROS and Malaysia Airlines, highlighting the value of PROS advanced technology and artificial intelligence (AI) into the airline’s global operations. The PROS solutions have been instrumental in supporting the airline’s post-COVID-19 recovery and drivin...
HOUSTON--(BUSINESS WIRE)-- ® (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, will release its financial results for the fourth quarter and full year 2024 ended December 31, 2024, after the U.S. financial markets close on Thursday, February 6, 2025. PROS Holdings, Inc. will host a conference call on Thursday, February 6, 2025, at 4:45 p.m. ET to discuss the company’s financial results and business outlook. To access this call, dial 1-877-407-9039 (toll-free) or 1-201-689-8470. The live and archived webcasts of this call can be accessed under the “Investor R...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced it placed in the highest scoring group for vendors serving the CPQ application market, earning IDC’s 2024 CX CPQ Customer Satisfaction Award (CSAT). The CSAT Awards recognize the leading CX vendors in each application market who receive the highest customer satisfaction scores based on IDC’s CX Path survey. “This recognition from IDC underscores our commitment to delivering the most complete and indispensable CPQ platform that uniquely addresses customer pain points a...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced it has been named a Leader in the IDC MarketScape: Worldwide CPQ Applications for Commerce 2024-2025 Vendor Assessment1. We believe this recognition builds on PROS longstanding status in the CPQ landscape, reinforcing its strong AI leadership, unique position as an end-to-end platform with advanced pricing capabilities that support from the most basic to complex needs, and deep integration with core partners. It further emphasizes PROS well-aligned strategy that support...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management and digital offer marketing solutions, today announced the appointment of John Strosahl to its Board of Directors effective December 2, 2024. Strosahl joins the Board as an independent director. An accomplished executive, Strosahl brings to the Board more than 20 years of executive management and business development experience. He is highly skilled in driving expansion and revenue growth globally for B2B and B2C organizations spanning SaaS, eCommerce, Cloud and Web Services. Str...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management and digital offer marketing solutions, today announced that will expand its use of PROS market-leading revenue management and pricing tools to create optimized offers and fuel its path to modern airline retailing. By adopting PROS latest innovation in revenue management capabilities, as well as expanding its use of PROS Real-Time Dynamic Pricing and Group Sales Optimizer, TAP will create more optimal offers that increase booking conversions, improve customer satisfaction and react m...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced the appointment of as Chief Marketing Officer (CMO). Langevin brings more than 20 years of experience in driving go-to-market success for B2B and B2C companies, building strong brands and helping to accelerate revenue growth for private and public technology brands. As CMO, Langevin will lead PROS global marketing organization and strategy, with a focus on scaling the demand generation engine as well as driving the next phase of digital marketing transformation. These...
HOUSTON--(BUSINESS WIRE)-- PROS Holdings, Inc. (NYSE: PRO) a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced that its President and Chief Executive Officer, Andres Reiner, intends to retire from the Company. Mr. Reiner will remain in his role through the completion of the search for his successor and serve as an advisor for a 12-month period thereafter to ensure a seamless succession. The Company’s Board of Directors is executing its succession plan and searching for the next CEO with the assistance of a nationally r...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced financial results for the third quarter ended September 30, 2024. “I’m proud of our team for delivering a strong third quarter where we exceeded the high-end of our guidance ranges across all metrics,” stated CEO . “Our strong performance reflects the trust and confidence businesses have in our platform, which is why we’re winning prominent new customers and expanding our existing base, further demonstrating the value and innov...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced PROS Smart Rebate Management as part of its latest Platform release. This innovation automates and streamlines the management of rebates and rebate processes. By automating and unifying rebates, pricing, and selling capabilities, this native solution enables smarter commercial decision-making to deliver optimized and comprehensive offers—at the time of quote—across all sales channels, maximizing conversion and profitability. Rebates can be a critical tool to increase s...
HOUSTON--(BUSINESS WIRE)-- ® (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, will release its financial results for the third quarter 2024 ended September 30, 2024, after the U.S. financial markets close on Tuesday, October 29, 2024. PROS Holdings, Inc. will host a conference call on Tuesday, October 29, 2024, at 4:45 p.m. ET to discuss the company’s financial results and business outlook. To access this call, dial 1-877-407-9039 (toll-free) or 1-201-689-8470. The live and archived webcasts of this call can be access...
HOUSTON--(BUSINESS WIRE)-- (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced the appointment of Jennifer Biry to its Board of Directors effective August 26, 2024. Biry joins the Board as an independent director. A seasoned leader with over 25 years of accounting, finance and operational experience, Biry serves as Chief Financial and Operating Officer for McAfee, a global leader in online protection for consumers. Biry joined McAfee in 2022 and leads the global finance, strategy, M&A, IT, security, sale...
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