target audience: TECH BUYER Publication date: Jun 2024 - Document type: Tech Buyer Presentation - Doc Document number: # US52350224
IDC ProductScape: Worldwide Configure, Price, Quote Applications for Selling Professional Services, 2024
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Abstract
This IDC ProductScape provides technology buyers with a detailed list of essential capabilities for configure, price, quote (CPQ) applications that are focused on selling professional services through primarily B2B channels. It includes offerings from the following vendors: Bit2Win, Cincom, Conga, Experlogix, Logik.io, Oracle, Provus, servicePath, Workday, and Zilliant.
CPQ applications are software solutions that enable companies to efficiently configure products and services, execute pricing strategies, manage deal construction, and generate quotes for customers. These systems are particularly crucial in complex B2B sales environments where the accurate tailoring of offerings and pricing to customer needs can significantly impact sales success and operational efficiency.