Apttus was reportedly working with Goldman Sachs on its IPO plans. But with the latest financing round from Golub Capital, would Apttus still take the plunge? Read more at Seeking Alpha.
SAP this week announced it would acquire long-term partner Callidus Software for about US$2.4 billion to improve back-office to front-office links. The transaction is expected to close in Q2 2018, subject to shareholder and regulatory approval and other customary closing conditions. Read more here.
Simplus has acquired San Francisco–based CirrusOne, a provider of consulting services for CPQ, CLM, billing and customer success solutions. No financial terms were disclosed. Simplus’ backers include EPIC Ventures, Salesforce Ventures and Cross Creek Advisors. Read more here.
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.