The global configure price and quote (CPQ) software market is anticipated to grow at a CAGR of 13.6% during the forecast period. The adoption of artificial intelligence (AI) and machine learning (ML) in CPQ software is driving the market. AI and ML enable businesses to automate and optimize the quoting process, improve pricing accuracy, and provide data insights. This helps businesses make informed decisions, improve sales productivity, and increase revenue.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/configure-price-and-quote-cpq-software-market

The companies are combining various technologies to streamline their customers’ sales operations and have improved CPQ features. For instance, in February 2023, Amdocs, a company that offers software and services to communication and media companies, collaborated with Microsoft to launch the Customer Engagement Platform. This platform is designed to enhance the engagement and experience of end-users across all channels and applications, simplify business processes, generate revenue from 5G use cases, and facilitate migration to the cloud while utilizing artificial intelligence. The platform uses the entire suite of Microsoft Cloud's intelligent collaborative business applications for sales, customer service, and customer insights, as well as a natural language and AI low-code platform and generative AI experiences. Additionally, the platform includes Amdocs' enterprise offerings, such as catalog, CPQ, and order management.

Additionally, in June 2022, BillingPlatform, the revenue management solution for today's innovative business models, announced that its CPQ product has been improved with greater rating precision, simplified quotation editing, the ability to generate renewals, and increased flexibility when saving and sending quotes to customers. These innovations serve to expedite the quoting process with a unified billing and CPQ system, allowing users to quickly and simply create accurate client estimates and streamline overall revenue management procedures. Besides, in June 2022, Tacton also updated its CPQ software solution. The update includes a new module called Tacton CPQ Data Import Automation, which automates data import and validation for Tacton CPQ. Additionally, the update features product validations for Tacton CPQ and an updated version of Tacton's integration with Salesforce. There are also general updates and improvements to Tacton CPQ.

Global Configure Price and Quote (CPQ) SoftwareMarket Report Segment

By Deployment Type

Cloud
On-Premise

By End Users

SMEs (Small and Medium Enterprises)
Large Enterprises

A full report of Configure Price and Quote (CPQ) Software Market available @ https://www.omrglobal.com/industry-reports/configure-price-and-quote-cpq-software-market

Configure Price and Quote (CPQ) Software Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Aspire Technologies, Inc.
Cincom Systems, Inc.
Configure One, Inc.
ConnectWise, LLC
Epicor Software Corp.
Experlogix
Infor
Oracle
PandaDoc, Inc.
PROS
Salesforce
SaM Solutions

Reasons to Buying From us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404

Company Name: Orion Market Research

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f