Blog, Pricing, Selling

Vendavo Moves Into Visionaries Quadrant of Gartner Magic Quadrant for CPQ

By Alex Hoff
November 1, 2019

For the third year running, my colleagues and I are excited to announce Vendavo CPQ Cloud has been recognized in the Gartner Magic Quadrant for Configure, Price, Quote (CPQ) application suites. In the 2019 report, Vendavo advanced to the Visionaries Quadrant.

Our President and CEO, Bruno Slosse sums it up best when he said, “it’s very rewarding to have moved from being a Niche Player to a Visionary in this year’s Gartner Magic Quadrant for CPQ. From the beginning, our focus has been to infuse unparalleled pricing intelligence capabilities within the CPQ workflow for powerful, profitable deal making. We have a long history and deep expertise in B2B price optimization and today, together with CPQ, we deliver commercial excellence capabilities that are critical to today’s digital enterprise.”

In the report, Gartner defines Visionaries as: “…ahead of most potential competitors in their product plans and understanding of the market. They anticipate emerging and changing needs and move the market into fresh areas.”

I’d like to congratulate the entire Vendavo CPQ team on a job very well done. Your expertise and dedication to the technology has enabled simple, enterprise-ready margin, price and profit visibility and quick, accurate quoting for better customer experiences.

And to our customers who have supported us on the product, thank you. We look forward to innovating with you in the years to come on continuous commercial excellence.

Get the Gartner Magic Quadrant for CPQ 2019, 2020 here.

  • commercial excellence , CPQ , Gartner Magic Quadrant , pricing

    Alex Hoff

    As a VP of Product Management & Marketing with Vendavo, Alex brings enterprise software solutions to market that enable B2B corporations to operationalize their commercial excellence strategies. Alex has been with Vendavo in various roles for over ten years, working with customers in industrial manufacturing, process industry, consumer product manufacturing and business services. Prior to working for Vendavo, Alex worked in various marketing and pricing roles for Fortune 500 companies in transportation, retail/consumer goods and business services.