Zilliant, the leading provider of price optimization (http://www.zilliant.com/price_optimization/zpps_price_optimization.html) and margin management solutions for B2B manufacturers, distributors, high-tech, and industrial service companies, today announced it has maintained a 'spositive's rating in Gartner'ss Marketscope for Price Optimization and Management report (July 2009) for the second year in a row. The report states Zilliant'ss rating was earned because of its considerable reputation with pricing optimization, strong in-house pricing science expertise and focus on B2B industries, particularly in distribution (http://www.zilliant.com/industry_distribution.html). Evaluation criteria included overall viability, product/service, customer experience, and offering strategy.
Author Michael Dunne, notes the potential for this market is considerable because defining and defending optimal prices is a fundamental imperative for enterprises that are responsible
for producing returns for stakeholders. Price optimization and management software offer the promise of helping firms better identify underlying shortcomings in pricing practices that
erode revenue and margins, and more intelligently discern prices that target markets will bear, as well as realize efficiencies in deploying, administering, and enforcing prices and
pricing policies.
The report also states the B2B market for price optimization and management software continued to mature and expand in 2008, despite poor economic conditions, growing by about 20% to
approximately $180 million. Through 2010, price optimization technology will have a more-direct impact on increasing revenue or margins than any other CRM technology.
The economic downturn has forced B2B companies to proactively re-evaluate their pricing practices to reclaim margins without putting revenue as risk, said Greg Peters, CEO, Zilliant. In a
time where 'sgut feel's negotiations and pricing guesswork are not an option, customers are shifting towards an automated, data-driven scientific approach to optimizing prices. We are
pleased to have Gartner confirm Zilliant'ss market leadership.
For more information or to obtain a copy of the report, please visit www.gartner.com.
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About Zilliant
Zilliant is the leading provider of price optimization and margin management solutions for B2B manufacturing, distribution, high-tech, and industrial service companies. Zilliant uses
existing transactional data to improve decisions across all facets of price analysis, price setting and execution. Zilliant helps companies achieve the best pricing possible on every
deal, agreement, and price list, increasing profits by tens of millions of dollars. Headquartered in Austin, Texas, Zilliant is a privately held company. Investors include Austin
Ventures, Cardinal Ventures, Panorama Capital, and Trellis Partners. For more information contact Zilliant at 877.893.1085 or visit www.zilliant.com.