Zilliant

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Overview

Zilliant is an industry leader in providing pricing optimization and management software solutions, primarily for B2B companies. Founded in 1999 by Peter Zandan, the company is headquartered in Austin, Texas. Zilliant utilizes data science-driven strategies to help businesses manage the entire pricing lifecycle, ensuring optimal pricing decisions that enhance profitability. The company has raised approximately $101 million in funding, with key investors including Madison Dearborn Partners.

Recent Developments

  • August 2024: Zilliant continues its innovative stride with its Summer Release 2024, introducing new features in Zilliant CPQ, such as the AI-based CPQ Assistant, improved product matching capabilities, and improved quote accuracy through dimensions information. The Summer Release underscores the company's commitment to enhancing its pricing solutions through quarterly updates.
  • May 2024: Zilliant announced significant advancements in its AI capabilities, unveiling GenAI Pricing Analytics at its MindShare 2024 conference in Austin, Texas. This new offering allows rapid insights into comprehensive pricing details, integrating AI throughout the pricing lifecycle to augment critical processes.
  • April 2024: The company expanded its executive team with new appointments, including Bernard Kang as Vice President of Pricing Advisory and Dr. Stephan Liozu as Vice President of Commercial Pricing Excellence, enhancing its expertise in pricing lifecycle management.
  • March 2024: Zilliant completed the acquisition of InMind Cloud, which allowed the inclusion of next-generation CPQ capabilities into its platform, further bolstering its pricing lifecycle solutions.
  • January to February 2024: Zilliant experienced robust growth, highlighted by a 60% increase in bookings across consecutive quarters. This growth is supported by the new funding from Madison Dearborn Partners and the acquisition of strategic technologies to bolster its pricing execution capabilities.

Company Information

AttributeInformation
Founding Date1999
HeadquartersAustin, Texas, USA
FoundersPeter Zandan
Revenue$25 to $100 million (USD)
ProfitsNot publicly disclosed
Key InvestorsMadison Dearborn Partners
IndustrySoftware Development
Number of Employees201-500

Early History

Zilliant was founded by Peter Zandan in 1999, with a vision to revolutionize how businesses approach pricing strategies through data-driven solutions. Initially targeting manufacturing, distribution, and high-tech industries, the company set out to develop advanced pricing software that would allow firms to increase their profitability by optimizing pricing decisions. Early on, Zilliant pioneered the use of data science in pricing applications, establishing itself as a thought leader. By expanding its offerings and securing significant investment rounds, Zilliant rapidly grew into a dominant player in its field.

Company Profile and Achievements

Zilliant operates a cloud-native platform that provides advanced pricing optimization and management solutions. The company's software suite includes tools like Price Manager and Real Time Pricing Engine, enabling businesses to dynamically adjust prices based on market factors. Over the years, Zilliant has achieved numerous milestones:

  • Developed robust integrations with CRM and ERP systems to enhance pricing processes.
  • Successfully expanded globally, establishing offices in Europe and Asia.
  • Recognized as a leader in price optimization, with multiple awards for its innovative solutions.
  • Partnered with major companies, enhancing its market presence and operational capacities.

Current Operations and Market Position

Today, Zilliant is a key player in the pricing software industry, serving numerous B2B sectors including manufacturing, distribution, and industrial services. The company leverages its powerful SaaS platform to provide tailored pricing solutions that drive customer ROI. Zilliant's commitment to innovation, as demonstrated by its recent AI integrations, positions it as a leader in the market. The company remains focused on expanding its features to meet evolving customer needs, thus maintaining a competitive edge.

Conclusion

Zilliant stands as a prominent name in pricing lifecycle management, consistently pushing boundaries through innovation and strategic partnerships. With its strong leadership and commitment to customer success, the company is well-equipped to continue leading the industry. As digital commerce and AI technology evolve, Zilliant has poised itself to deliver significant value, ensuring a strong potential for future growth and impact in the B2B domain.

References

  1. Zilliant News
  2. Business Wire Articles on Zilliant
  3. Zilliant Company Information on PitchBook
  4. Crunchbase Profile for Zilliant
  5. LinkedIn Profile of Zilliant
  6. Zilliant's Strategic Partnership with SAP
  7. Zilliant's Presentation at MindShare 2024
  8. Current Employment Data from Glassdoor
  9. CB Insights Profile of Zilliant