| [July 13, 2005] |
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Zilliant Receives Highest Rating in New Price Management and Optimization Report
AUSTIN, Texas --(Business Wire)-- July 13, 2005 -- A new report by Yankee Group reaffirms what many Fortune 500 customers already know about Zilliant, a leading provider of strategic pricing applications. In the report titled, "Price Management and Profit Optimization Solutions are the Best-Kept Secret in Enterprise Software," Zilliant received the highest possible combined score in the categories of Price Optimization, Execution and Analysis.
"Pricing is the last key business process that IT investments have not squeezed efficiencies out of," said Kosin Huang, author and research program manager at Yankee Group. "No other software delivers the same ROI -- 10 to 20 percent profit improvement. It's the best-kept secret of early adopters, many of whom demand that their PMPO solution providers not sell the software to their competitors. None even want to attest to the amazing ROI stories from their implementations, for fear of losing a unique competitive advantage."
"Zilliant's customers are realizing millions of dollars of profit improvement each year," said Greg Peters, CEO of Zilliant. "Our holistic strategic pricing applications are on the forefront of technology that is generating tangible gains for companies with returns on investment in less than a year."
"Zilliant's top ranking in Yankee Group report, along with other recent industry accolades, is a testament to our product vision and ability to provide demonstrable value to our customers," said Pete Eppele, Senior Director of Products, Zilliant. "Our approach stresses pricing segmentation, market sensing and price and discount setting. The enforcement and execution of those price decisions and policies has propelled us in front of all other vendors in this emerging market."
About Zilliant
Zilliant, a leader in strategic pricing applications, provides software and services that aid companies in defining and managing their pricing for improved financial results. The Zilliant Pricing Suite delivers a full solution for Price Analytics, Price Execution and Price Modeling. By utilizing the Zilliant suite of pricing applications, companies are able to maximize revenue and margins through optimized segmentation, precision price setting, effective discount guidelines, successful price promotions and effective price policy enforcement. Headquartered in Austin, Texas, Zilliant is a privately held company. Investors include Cardinal Venture Capital, JP Morgan Partners, Austin Ventures and Trellis Partners. Zilliant is a registered trademark of Zilliant Inc. For more information contact the company toll free at 877-893-1085 or visit www.zilliant.com.
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