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The major technology disruptions to look for in 2022 & beyond

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The Card and Payments Market is a dynamic sector undergoing a profound transformation, largely driven by digitalization and evolving consumer preferences. The rapid shift from traditional cash and

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Amazon’s Bezos to Face Unprecedented Protests During India Trip

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SPARK Matrix™: Configure, Price, & Quote (CPQ), Q2, 2023

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Configure, Price, & Quote (CPQ) application suite automates and optimizes the entire quote-to-cash process to configure, price, and sell complex products and services accurately and quickly. The CPQ suite’s native and comprehensive capabilities help organizations generate precise quotes for configured products and services & enhance the overall customer experience. In addition, the CPQ suite allows organizations to improve their accuracy and collaboration between sales and operation teams.

Quadrant Knowledge Solutions’ Configure, Price, & Quote (CPQ) market research includes a detailed global market analysis of major vendors. The research comprises vendors’ product features and functionalities and competitive differentiating factors. The research provides competitive landscape and vendor analysis to enable technology vendors to enhance their understanding of the market and implement a growth-oriented technical roadmap.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of the leading Configure, Price, & Quote (CPQ) vendors with a global impact, including – Apparound, Bit2win, Cincom, Cloudsense, Conga, CSG, Epicor, Experlogix, Infor, Oracle, Pricefx, PROS, Revalize, Salesforce, SAP, Tacton, Vendavo, Yagna iQ, and Zuora.

According to Vishal Poduri, Analyst at Quadrant Knowledge Solutions, “Globally CPQ platforms market is growing rapidly. The primary growth driver for increased demand for CPQ solutions is the ever-growing internal and external threat landscape and constantly changing and increasing regulatory requirements. CPQ platforms market is expected to see huge investment in technologies pertaining to Artificial Intelligence (AI), Machine Learning (ML), Computer-aided Designs (CAD), Augmented Reality (AR), Virtual Reality (VR), graphical representation & connectors, Internet of Things (IoT), enhanced tools for multi-tenant deployments and Robotic Process Automation (RPA). This trend is expected to play a crucial role in improving the penetration rate and overall market growth in addition to enhancing the adoption of key technologies within CPQ platforms.”

2023 Configure, Price, & Quote (CPQ) SPARK Matrix
Source: Quadrant Knowledge Solutions

Table of Contents

Executive Overview

Market Dynamics and Overview

  • Market Definition
  • Market Overview
  • Key Configure, Price, & Quote (CPQ) capabilities

Competition Landscape and Analysis 

  • Competitive Overview and Analysis
  • Factors and Technology Differentiators

SPARK Matrix™: Configure, Price, & Quote (CPQ), Q2, 2023

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