HOUSTON & MALMO, Sweden -- (BUSINESS WIRE) -- PROS® (NYSE: PRO), a big data software company, today announced The Perstorp Group has selected PROS big data applications to enhance its customer experience and sales effectiveness initiatives. The transaction closed in the second quarter of 2014.
Founded in 1881 and headquartered in Malmo, Sweden, Perstorp is a world leader in specialty chemicals. With approximately 1,500 employees in 22 countries, and production sites in eight countries across Europe, Asia and North America, the company provides its customers with more than 130 years of winning formulas.
Perstorp products enable key materials in a range of everyday products, from shatterproof windshields and finishes on leather, to additives for grains and scratch-resistant coatings for plastics in electronics.
“As we continue to grow, we’re transforming our business so we’re able to respond to our customers with greater speed and accuracy,” said Perstorp Executive Vice President, Regions and Group Management, Mikael Gedin. “PROS depth of experience in our industry was evident from the start. They proactively engaged with our team to understand our business and recommend prescriptive solutions for our success. We’ll be able to address our customers’ needs with better, faster and more informed business insights.”
“We have seen how our big data technologies can enable businesses worldwide to improve customer experience,” said PROS EMEA General Manager Sebastian Mamro. “We appreciate the trust Perstorp places in PROS, and look forward to delivering insights that will help them outperform in their markets and drive operational excellence.”
To learn more about PROS, visit the website at www.pros.com.
About The Perstorp Group
The Perstorp Group is a world leader in several sectors of the specialty chemicals market for a wide variety of industries and applications, and a pioneer in formalin chemistry, plastics and surface materials. Perstorp products are added to a wide range of products used every day at home, work and leisure.
PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 29 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 40 industries. PROS has completed over 700 implementations of its solutions in more than 55 countries. The PROS team comprises more than 900 professionals around the world. To learn more, visit www.pros.com.
This press release contains forward-looking statements, including statements about the functionality and benefits of pricing 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 pricing and big data software and its current expectations of the benefits of pricing and big data 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 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 and big data 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.