DUBLIN, October 5, 2017 /PRNewswire/ --
The "Global Configure Price and Quote (CPQ) Software Market 2017-2021" report has been added to Research and Markets' offering.
The report forecasts the global configure price and quote (CPQ) software market to grow at a CAGR of 14.53% during the period 2017-2021.
The report, Global Configure Price and Quote (CPQ) Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increase in mobility solutions. The growing adoption of mobile devices and smartphones and the rising popularity of mobile apps have increased the efficiency of CPQ software. With the ubiquity of smartphones and tablets and the increasing adoption of mobility solutions among end-users, accessing CPQ software features through smart devices is increasing rapidly.
According to the report, one driver in the market is increasing need for higher productivity. The CPQ software helps sales management personnel to improve their productivity by reducing the dependency on tedious paperwork and documentation. It speeds up the process of pricing and configuration and also helps organizations reduce their overall cost in pricing. CPQ software, especially cloud-based CPQ software, also help organizations save time. For instance, vendors such as Salesforce help enterprises to scale up their pricing and selling strategies in very less time compared with on-premises applications.
Further, the report states that one challenge in the market is lack of coordination among business units. Many organizations fail to implement CPQ due to the lack of coordination among their business units. The implementation of CPQ software requires the coordination and participation of multiple business units within an enterprise. Sales teams play a major role and take the initiative for the implementation of CPQ software in a company. The implementation of CPQ software by sales teams without proper consultation with the other departments/business units such as IT, product management, and finance can lead to the failure of CPQ software implementation.
- Callidus Software
Other prominent vendors
- Aspire Technologies
- Cincom Systems
- Model N
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Segmentation By Deployment
Part 06: Geographical Segmentation
Part 07: Decision Framework
Part 08: Drivers And Challenges
Part 09: Market Trends
Part 10: Vendor Landscape
Part 11: Key Vendor Analysis
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/dgkf6b/global_configure
Laura Wood, Senior Manager
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SOURCE Research and Markets