|[June 14, 2012]
PROS to Feature Real-Time Big Data Solutions for Chemicals at ACHEMA
LONDON & HOUSTON --(Business Wire)--
(NYSE: PRO), a world leader in pricing and revenue management software,
today announced plans to showcase its big data solutions for pricing,
marketing and sales performance at ACHEMA, Europe's largest chemicals
conference. Scheduled for 18th - 22nd June 2012 in
Frankfurt, Germany, the event brings together companies that span the
sector, including chemical engineering, environmental protection and
biotechnology. PROS will exhibit with Microsoft (News - Alert) in Hall 9.1 E68.
With more than 4000 exhibitors, 900 presentations and lectures, ACHEMA
is the premier international conference for chemical industry business
professionals. At the event, PROS and Microsoft representatives will
discuss how chemical companies can leverage big data to optimize sales.
Rob Glenn, EMEA General Manager at PROS commented, "Chemical companies
across the globe are faced with managing significant challenges based on
raw materials volatility and global currency fluctuations. They're
searching for solutions that enable them to mitigate this volatility and
identify where they have pricing power. PROS works with some of the
world's largest chemicals companies to help improve sales performance,
marketing and pricing, enabling them to outperform in their markets."
Ellyn Foltz, Worldwide Managing Director, Process Manufacturing and
Consumer Goods at Microsoft said, "Microsoft provides chemicals
companies with technology solutions that improve their performance and
create value for customers, employees and other stakeholders. We are
pleased to be working with partners like PROS on initiatives for the
chemicals and process manufacturing sectors, including the ChemRA
reference architecture which helps companies in these markets to
innovate faster and maximise the value that is delivered by IT."
PROS big data pricing solutions are part of Microsoft's Chemical
Reference Architecture (ChemRA) initiative, which provides chemical
companies with a blueprint for unifying their IT architecture. This
framework helps to make companies more responsive to the challenges that
the chemical and process engineering sectors face, as well as providing
them with opportunities to improve performance and profitability. ChemRA
also helps these organisations to address user application requirements
while being interoperable, easy to maintain and easily adaptable to
their current IT environments.
To learn more aout the PROS chemical industry practice and its
selection to participate in the ChemRA Initiative, visit the Microsoft
website at www.microsoft.com/chemra.
To see more about PROS solutions for the chemical sector, visit the PROS website.
To learn about the PROS and Microsoft partnership, visit www.microsoft.com/pros.
PRO) is a leading provider of prescriptive
pricing and revenue
management software for companies in the manufacturing,
industries. PROS gives customers far greater confidence and agility in
their pricing strategies by providing data-driven insights into
transaction profitability, forecasting demand, recommending optimal
prices for each product and deal, and streamlining pricing processes
with enhanced controls and compliance. With more than $460 billion in
revenues under management, PROS has implemented more than 500 solutions
in more than 50 countries. The PROS team comprises 580 professionals,
including 100 with advanced degrees and 25 with Ph.D.s. To learn more,
This press release contains forward-looking statements, including
statements about the functionality and benefits of pricing software to
organisations 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
pricing software and its current expectations of the benefits of pricing
software for organisations that implement and utilise such software.
Factors that could cause actual results to differ materially from those
described herein include the addressability of an organisation's pricing
and revenue management 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 pricing 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.
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