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PROS Selected to Present at Copperberg Spare Parts Business Platform

Company to highlight artificial intelligence, machine learning as strategic to customer success in the digital era

HOUSTON--(BUSINESS WIRE)--Feb. 8, 2018-- PROS® (NYSE: PRO), a cloud software company powering the shift to modern commerce, today announced that it has been selected to present at the sixth annual Copperberg Spare Parts Business Platform. The conference, scheduled for February 13-14, 2018, will be held at the Birger Jarl Hotel in Stockholm. More than 150 companies from across Europe are scheduled to participate.

The annual conference – themed “Get Closer to Your Customers” – will focus on changing dynamics in the service parts industry -- from rapidly changing customer expectations to technological advancements that are giving birth to disruptive, non-traditional competitors. Spare parts companies sell parts online to customers around the world, and enterprises are looking for ecommerce solutions and their affect on pricing strategies and channels. Both technology and ecommerce innovations will be prominently featured.

PROS European Director of Strategic Consulting Nick Boyer will deliver an address titled “Using Artificial Intelligence to Meet the Challenges of Modern Commerce.” In the digital era, aftermarket parts companies struggle with how to respond to customers with timely, profitable and transparent quotes across every channel that also help ensure profitability. Boyer will show how companies can apply artificial intelligence and machine learning to make inroads into their selling challenges.

“In the digital era, we see increasing velocity in the demands customers place on companies for rapid, personalized offers,” said Oliver Erb, Vice President of Sales for Europe, the Middle East and Africa (EMEA). “Speed and transparency are critical elements. In today’s spare parts market, Dynamic Pricing Science™ – delivered with artificial intelligence and machine learning – makes it possible for companies to accelerate sales and retain profitability across every channel. At the Spare Parts Business Platform, we’ll show firsthand how companies are able to evolve to meet these changing requirements across all of their channels.”

To learn more, visit the PROS website or follow PROS on Twitter at @PROS_Inc.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a cloud software company powering the shift to modern commerce by helping companies create personalized and frictionless buying experiences for their customers. Fueled by dynamic pricing science and machine learning, PROS solutions make it possible for companies to price, configure and sell their products and services in an omnichannel environment with speed, precision and consistency. Our customers, who are leaders in their markets, benefit from decades of data science expertise infused into our industry solutions. To learn more, visit pros.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of revenue, profit realization and modern commerce 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 revenue, profit realization and modern commerce software and its current expectations of the benefits of revenue, profit realization and modern commerce 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 revenue, profit realization and modern commerce software 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 revenue, profit realization and modern commerce 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.

Source: PROS Holdings, Inc.

Media:
PROS Holdings, Inc.
Yvonne Donaldson, 713-335-5310
ydonaldson@pros.com