IBM Sterling Configure, Price, Quote

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IBM Sterling CPQ is a software solution that simplifies the buying and selling of complex products and services across various channels. It guides customers, sales teams, call center representatives, and partners to select the right products and ensure accurate pricing. It improves sales productivity and provides the buying experiences that customers demand.

Website

https://www.ibm.com/

Developer

IBM

HQ Location

Armonk, NY

Year Founded

1911

Number of Employees

308,085

Twitter

@IBM

Strengths

Customizable

Ability to tailor the software to specific business needs
Scalable

Can handle large volumes of data and transactions
Integration

Seamless integration with other IBM products and third-party applications

Weaknesses

Complexity

Steep learning curve and requires technical expertise to implement and maintain
Cost

Expensive compared to other CPQ solutions in the market
Limited features

Lacks some advanced features offered by competitors

Opportunities

Ability to serve customers worldwide and expand into new markets
Strong reputation and experience in serving specific industries such as manufacturing and distribution
Opportunity to move to cloud-based CPQ solutions and offer more flexible pricing models

Threats

Intense competition from established CPQ vendors and new entrants in the market
Decreased demand for CPQ solutions due to economic uncertainty and budget cuts
Increased focus on data privacy and security regulations may impact the use of CPQ solutions

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