Zilliant Price IQ® Earns a Spot On The Constellation ShortList™ for Top 10 Price Optimization Solutions
Zilliant Price IQ® delivers the optimal price for every selling circumstance via a highly flexible and scalable cloud-native platform.
Zilliant, the industry leader in intelligent end-to-end pricing solutions and sales guidance software, today announced that Zilliant Price IQ® was named to the Constellation ShortList™ for Price Optimization Solutions in Q1 2022.
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“more than 40 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.”
“Price optimization has made big strides in recent years, so much so that it has moved into the mainstream for both awareness and adoption in B2B,” said Zilliant President and Chief Executive Officer Greg Peters. “It’s no longer the visionaries who are singing the praises of price optimization solutions; it’s the pragmatists as well. We’re thrilled that Price IQ® has been recognized as a way for companies to deliver omnichannel market-aligned, dynamic prices.”
Zilliant Price IQ® ensures rational price relationships using constraint-based optimization, as opposed to rules, and features the unique capability to measure price elasticity with the flexibility to adjust segmentation structures and the ability to conduct goal-seeking what-if scenarios to align business goals with price strategy. Terreal, a French manufacturer of clay building materials that provides tiles and bricks for nearly 200,000 homes each year, implemented Price IQ® after struggling to maintain pricing spreadsheets across many locations. As a result, Terreal saw consistent margin growth and increased market share.
“Our analysts’ recent updates reflect the top vendors that matter most to our network of buy-side clients,” said R “Ray” Wang, chairman and founder at Constellation Research. “As leaders make the tough decisions in vendor selection, we hope The ShortList™ speeds the decision-making process and helps buyers find the right partners to enable their business success.”
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In determining the ShortList, Constellation Research said it evaluated “more than 40 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.” The criteria included the ability for each solution to:
- Support multiple pricing models
- Enable complex promotion rules
- Manage price lists
- Prescribe pricing segmentation
- Facilitate markdown scenarios
- Deliver dynamic pricing
- Provide advanced analytics
- Create pricing optimization models
- Collect competitive insights
- Apply machine learning and artificial intelligence to identify, learn and predict new models
- Integrate with CPQ and order orchestration systems