Apttus is reportedly working with Goldman Sachs on its IPO plans. It first raised venture funding in 2013 and since then has raised $329 million. Though it is not profitable yet, it hopes to break even this year. Read more here.
Technavio has announced the top six leading vendors in their recent global configure price and quote (CPQ) software market report from 2017 to 2021. They include; Apttus, CallidusCloud, FPX, Oracle CPQ Cloud and Salesforce CPQ. Read more here.
Constellation evaluates over 20 solutions categorized in the Configure Price Quote market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. Other considerations include vendor has broad geographical reach to support multi-currency/language considerations, and manage the complexity around multiple lines of business to support […]
Based on its recent analysis of the configure, price, quote (CPQ) solutions industry, Frost & Sullivan recognizes Tacton with the 2017 North America Frost & Sullivan Award for Product Leadership. Read more here.
Download Gartner’s “Innovation Insight for Visual Configuration” Report for free from Atlatl’s web page. Companies included in the report (among others): Apttus Configit Experlogix Infor CPQ KBMax Oracle CPQ Cloud PROS Tacton Read more here.
Gartner estimates the CPQ application suites market was $570M in 2015, attaining 20% year-on-year growth between 2014 and 2015. Cloud-based CPQ revenue was $157M in 2015, attaining 46% year-over-year. Gartner predicts CPQ will continue to be one of the hottest enterprise apps for the foreseeable future, predicting a 20% annual growth rate through 2020 with […]
Tacton Systems today announced that it has entered into a definitive agreement to acquire Lumo Graphics GmbH. Lumo Graphics, based in Karlsruhe, Germany, provides software for 3D configuration visualization management and high-quality 3D visualization embedded in the CPQ tool. Read more about it here.
When Salesforce acquired Steelbrick last year, many in the technology community were a little aghast. Salesforce was a big investor in Apttus, a company with a similar product focus to Steelbrick. Before the deal, many suggested that Apttus was a Salesforce acquisition target and industry rumors suggests that there were, in fact, acquisition discussions but that […]
Steelbrick is now officially renamed Salesforce CPQ. Read more here.
Tacton, a CPQ company, appoints Frederic Laziou as CEO. Former CEO Christer Wallberg will join Tacton’s Board of Directors as Executive Vice Chairman of the board. Read more about it here.