Vistaar Posted Record Results and Bolstered its Leadership Position
in 2008
Pricing software provider continues strong growth amidst global economic uncertainty, as more companies address price management as a strategic imperative.
February 9, 2009 - Parsippany, NJ – Vistaar Technologies, a leading provider of pricing software for sales, marketing and finance groups today announced continued strong growth in 2008 despite a turbulent macroeconomic environment. The company grew bookings by over 60% through significant new customer acquisitions and expanded projects for existing customers.
Vistaar posted record results for the third consecutive year, as it continues to distinguish itself as the solution provider of choice for large, complex B2B organizations. These companies select the Vistaar solution for its flexibility to model complex pricing environments and proven ability to produce measurable results within two quarters of deployment. Business users laud the Vistaar solution for its ability to deliver powerful pricing analytics, optimization and execution capabilities through a simple and easy-to-use web-based tool.
2008 highlights include:
- Increased bookings by more than 60% over 2007
- Added significant new customers and ‘go-lives’
- Maintained 100% client referenceability
- Received favorable review in Gartner’s “Marketscope for Price Management and Optimization, 2008”
- Expanded European presence and sponsored first European conference in response to growing interest and inquiries from the region
- Showcased customer success stories including a Fortune 50 computer and electronics company presenting its experience with Vistaar at a national pricing conference
- Fortified fast-growing price science and client solutions teams with veteran leadership and expertise
“2008 was a stand-out year for Vistaar and we’re extremely pleased with what we were able to achieve in a very difficult business environment. Our client list includes a growing number of Fortune 500 companies and we are proud that these industry-leaders have entrusted Vistaar to enable pricing best practices throughout their organizations,” said Sandy Tungare, chief executive officer of Vistaar.
“Vistaar provides exceptional value to large business-to-business organizations through our unique ability to model and manage the complexities of their pricing environment and deliver bottom-line results that are both immediate and sustainable,” continued Tungare. “This differentiation is why many of the best companies in the world are using Vistaar to transform their pricing operations into a long-term strategic advantage.”
About Vistaar Technologies, Inc.Vistaar is a leading provider of pricing software for sales, marketing and finance groups. Vistaar’s pricing software enables companies to achieve pricing best practices through price analytics, price optimization, price list management, and deal management. Vistaar works with the best companies in the world to transform pricing operations into a strategic advantage. For these companies, Vistaar pricing software drives measurable price and margin improvements that deliver profitable growth and maximum shareholder value. Contact Vistaar at +1 973.581.6300.
