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Global Configure Price and Quote (CPQ) Software Market - Analysis, Technologies & Forecasts to 2021DUBLIN, 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 t 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. Key vendors
Other prominent vendors
Key Topics Covered: Media Contact: Laura Wood, Senior Manager
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