Configure Price Quote (CPQ) Software is a term used in B2B to describe software systems that help sellers quote complex and configurable products. An example could be a maker of heavy trucks. If the customer chooses a certain chassis, the choice of engines may be limited, because certain engines do not fit certain chassis. Given a certain choice of engine, the choice of trailer may be limited (e.g. a heavy trailer requires a stronger engine), and so on. If the product is highly configurable, the user may face combinatorial explosion. Thus a configuration engine is employed to alleviate this problem.
At enlyft, we use sophisticated, patent-pending algorithms to track the use of various Configure Price Quote (CPQ) products and technologies. We track 14 products in the Configure Price Quote (CPQ) category, and have found 4,660 companies using these products.
(# of companies we found using this product)
|Market Share (%)|
|SAP Configure, Price and Quote||134||< 5%|
|IBM Sterling CPQ||61||< 5%|
|Configure One||37||< 5%|