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Tribold CPQ performance and scalability set industry benchmark

Configure Price Quote solution proves real-time linear scaling for high volume, online transactional order queries

London, UK - May 13, 2013 - At Management World in Nice today, Tribold, the leading provider of software solutions powering product agility, announces recent benchmarking results for their market-leading Configure Price Quote (CPQ) Services Engine demonstrating performance and scalability capabilities for anyone deploying quoting and order capture solutions.

Real-time, automated product personalisation across multiple sales channels is putting tremendous pressure on performance and scalability of quoting and order capture solutions. The significant benefits of providing customers, prospects and account teams with the ability to create and manage personalized quotations and pricing based on valid offerings sourced real-time puts scalability at the top of concerns when deploying CPQ.

"Creating personalized offers in real-time can be crippling on the performance of many quoting and order capture solutions," stated Catherine Michel, Tribold founder and CTO. "CSPs' account teams and their customers are finding that the time it takes to process the configurations is simply too long and frequently result in abandoned orders and lost business opportunities."

The Tribold CPQ Services Engine benchmarking results have shown a near linear scalability for building and pricing both simple and complex configurations. The product has been designed to be horizontally scalable with a stateless architecture and benefits from content caching for in-memory processing. The performance and scalability results are consistent for both in cloud and on premise deployments of Tribold CPQ.

"Tribold CPQ provides the performance and scalability that our customers expect from the customer facing solutions they deploy to the field," Michel continued. "Tribold CPQ is used today by CSPs who differentiate themselves on their product innovation, personalisation and bundling flexibility. To the satisfaction of our customers, our solution is proving to meet their performance expectations as well."

Tribold product experts will be available at the Tribold booth (#37) throughout the TM Forum Management World conference (May 14-16) to discuss the benchmark results and demonstrate the Tribold CPQ solution.

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About Tribold (www.tribold.com)
Tribold is the leading provider of software solutions powering product agility. Our objective is to enable customers to accelerate speed to market for new offerings, improve offer conversion rates, and improve efficiency in the fulfilment of orders.

Tribold solutions include:

  • Tribold EPM (Enterprise Product Management) - a Centralized Product & Service Catalog with end-to-end Product Lifecycle Management capabilities.

  • Tribold CPQ (Configure, Price, Quote) - a Services Engine powering the Quote, Order Capture and Order Management processes.

Today, Tribold powers over US$148b of products and services for our customers. Headquartered in London, and with offices in North America and Asia, Tribold was founded in 2003 and is privately held.

Press Contact: Ernest Margitta ([email protected]) +44 20 7665 4000.

Source: RealWire

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