Global manufacturing technology leader recognized for its exemplary work in the industrial sector
Tacton, a global leader in Configure, Price, and Quote (CPQ) solutions for manufacturers, today announced it has been recognized for its data solution of the year in the industrial category by Data Breakthrough Awards. Tacton’s CPQ (Configure, Price, Quote) software helps industrial manufacturers improve efficiency by automating business processes and eliminating order errors for highly configurable manufactured products and services.
The demand for digital technologies in the industrial manufacturing sector is rapidly accelerating due to market changes, including supply chain disruptions, staffing shortages and growing consumer demands. According to Tacton’s 2022 “State of Digital Manufacturing” survey, 59 percent of respondents named “driving sales and revenue” as a top priority to remain competitive and bolster growth, and as many as 77 percent said they are investing in supply chain optimization. Built for industrial manufacturers, Tacton’s CPQ software helps solve this problem by offering need-based guided selling for customer requirements, providing accurate, high-quality proposals, and accelerating sales by offering 100 percent correct product configuration.
“The pandemic continues to cause disruption for industrial manufacturers, coupled with the growing need to digitally transform operations to better serve customers,” said Bo Gyldenvang, CEO of Tacton. “Our solution helps address the pain points many manufacturers face today. This award recognizes our value and further solidifies our position as a leading CPQ innovator helping manufacturers drive efficiencies and growth with our best-of-breed software offering.”
Data Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies and solutions in the global data technology market. Its awards program is the premier awards platform founded to recognize the data technology innovators, leaders and visionaries from around the world in a range of categories, including data analytics, big data, business intelligence, and data storage. The 2022 Data Breakthrough Awards program attracted more than 1,850 nominations from across the globe.
“Digital transformation was already taking place before the pandemic, but digital initiatives are now skyrocketing with over half of all organizations speeding up their investments in digital technologies due to the COVID-19,” said James Johnson, managing director at Data Breakthrough. “We see data as the core to all successful digital transformation initiatives, and we are proud to highlight the market disruptors that are driving innovation in the data technology space this year for our third annual Data Breakthrough Awards program. Congratulations to all of our 2022 Data Breakthrough Award winners.”
All award nominations were evaluated by an independent panel of experts within the larger fields of data science and technology, with the winning products and companies selected based on a variety of criteria, including most innovative and technologically advanced solutions and services.