06/09/2008
Zilliant Recognized as One of the Best Privately Held Software Companies
Portfolio Company: Zilliant
Price Optimization Leader named to JMP Securities Hot 100 List
Austin, TX - June 9, 2008 - Zilliant, the leading provider of price optimization and management software, today announced its recent inclusion in the JMP Securities' report, "Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private software companies as identified by the research team at JMP Securities.
"In today’s economic climate, a renewed focus on pricing is more important than ever," said Greg Peters, CEO of Zilliant. "Zilliant’s price optimization technology eliminates ‘leaving money on the table’ during sales negotiations by replacing pricing guesswork with data-driven guidance and market insight. We are pleased that JMP Securities has recognized Zilliant for our ability to deliver industry-leading pricing solutions, and millions of dollars to the bottom line for our customers."
Zilliant replaces arbitrary discounting, cost-plus and other traditional pricing approaches with quantitative, data-driven price recommendations. Zilliant’s suite of pricing applications is specifically designed for the B2B manufacturing and distribution environment to enable sales people to negotiate more profitable deals. The software combines automated technology and pricing science with a company's transactional data to determine what pricing should be on each individual deal. The end result is significant margin gains of 10-15% that add up to millions of dollars of pure profit.
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