Pros Holdings Inc at Bank of America Global Technology Conference (Virtual) Transcript

Jun 09, 2021 / 05:45PM GMT
Victor Cheng - BofA Securities, Research Division - Research Analyst & Associate

Good day, everyone. Welcome to our second day of Bank of America's Global Technology Conference. I'm Bank of America's European tech research analyst, Victor Cheng. In this session, we are delighted to have Stefan Schulz, PROS CFO; and Belinda Overdeput from Investor Relations at PROS joining us today in this session. And just quickly to start, Belinda or Stefan, can you give us a quick brief overview of the company for the audience, please?

Belinda Overdeput - PROS Holdings, Inc. - Senior Manager of IR

Sure. I'll go ahead and give a quick intro. So we're PROS Holdings. Our vision is to optimize every shopping and selling experience. We serve primarily B2B and B2C businesses. On the B2C side, that's mostly airlines. We got our start in 1985. Amidst the deregulation of the airline industry, our founders set out to leverage data science and algorithms and machine learning to manage overbooking of fares and optimize revenue management and customer experience.

Since then,

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