Market Overview

PROS Named a Visionary in the Gartner Magic Quadrant for Configure, Price, and Quote Application Suites

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SaaS and Solution Maturity Driving Customer Adoption; AI a Key
Differentiator in CPQ Strategy

PROS®
(NYSE:PRO), a provider of AI-powered solutions that optimize selling in
the digital economy, today announced that it has been named a Visionary
by Gartner, Inc. in its November 2018 Magic Quadrant for Configure,
Price, and Quote (CPQ) Application Suites.

CPQ application suites are part of an overall technology ecosystem
enabling the quote-to-cash business process. They ensure sales
organizations can configure, quote, and price complex products or
services more quickly in highly personalized ways to meet customer
expectations.

PROS Smart
CPQ
solution, which integrates with PROS' pricing
optimization
and lead
generation
technologies, was evaluated based on its ability to
execute and completeness of vision.

"Our customers – whether manufacturing, automotive, food, technology, or
others – are on a digital transformation journey to automate fragmented,
manual business processes, reducing friction and complexity in the sales
cycle," said Loretta Faluade, Solution Strategy Director at PROS. "We
believe our position as a visionary in this report underscores the
evolution of our solution and our AI investments to support the
transformation of the sales process, enabling businesses to unlock
greater revenue opportunities."

To access a complimentary copy of the 2018 Gartner Configure, Price, and
Quote Application Suites Magic Quadrant, click here.

Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.

About PROS

PROS Holdings, Inc. (NYSE:PRO) provides AI-powered solutions that
optimize selling in the digital economy. 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.

Forward-looking Statements

This press release contains forward-looking statements, including
statements about the functionality and benefits of AI-powered solutions
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
AI-powered solutions and its current expectations of the benefits of
AI-powered solutions 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 AI-powered solution 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 AI-powered solutions 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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