We’re very proud to announce that Tacton has received the 2017 Frost & Sullivan North America Product Leadership Award for best practice within the CPQ industry.
Over the past 12 months, we’ve been working extremely hard here at Tacton to deliver the most significant developments in our 25-year history. This includes the release of our new flagship product Tacton CPQ, Tacton Extension for Salesforce, Tacton for SAP, as well as a series of high value mobile apps. We’ve expanded our footprint in North America and Europe, cemented some strategic partnerships and made several key acquisitions. To all of us here at Tacton, this award recognizes all this hard work, but more importantly, it also validates its relevance, and the value it brings to our customers.
Not just any award
Each year, global industry analyst Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality, while gaining rapid traction in the market. The award recognizes outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.
What’s different about Frost & Sullivan is the way they select their winner – by thorough analysis, in-depth study and customer interviews across the industry. There was no application process. We didn’t even know we were being evaluated. We got the award based solely on our accomplishments and merits.
So, what was it about Tacton CPQ?
Frost & Sullivan opens its motivation with, “Tacton focuses on anticipating and meeting the needs of innovative manufacturing businesses, particularly those engaged in smart manufacturing (Industry 4.0) initiatives.”
The key difference when compared to other CPQ vendors lies in the level of complexity that the Tacton configurator can handle, and how it synchronizes what’s being proposed by sales with downstream processes. The analysts at Frost & Sullivan picked up on this in the report, “Tacton’s CPQ applications enable and support digitization end-to-end”.
The motivation also recognizes the importance of Tacton’s long term vision and leadership as well as our strong track record of delivering real value to our customers. “Tacton has, from its research beginnings, been focused on developing leading edge product configuration solutions. Tacton’s technologies and its product set have been validated by sales to over 250 businesses, which have experienced excellent results. The company is building on its innovation and success with plans to enhance its products and to expand its market. Based on this impressive background and performance, Tacton has justly earned Frost & Sullivan’s 2017 Product Leadership Award for Configure, Price, Quote solutions.”
Simply put, Tacton is leading the way towards smarter manufacturing, and this award recognizes both the strengh and relevance of our existing product portfolio as well as the validity of our direction going forward.
Read the Frost & Sullivan press release here.