KBMax, a next-gen CPQ solution with interactive visualization and CAD automation, today announced it has been positioned by Gartner, Inc. on the “Magic Quadrant for Configure, Price and Quote Application Suites.”[1] Gartner states that CPQ suites “enable sales organizations to streamline and optimize the creation of quotes and orders for complex, configurable products or services.” Leading CPQ solutions support the selection of products, configuration of products, pricing of products, creation and negotiation of quotes and capture of orders across multiple channels of customer interaction.
The report evaluated 16 vendors according to 15 criteria, and placed KBMax in the “Niche Players” quadrant.
“We believe our positioning in the Magic Quadrant by Gartner validates our place at the forefront of digital transformation,” said Kevin Bennett, CTO and Co-founder of KBMax. “Manufacturers have potential to sell more, faster with the right tools. We’re proud to say that our solution is helping more companies realize that.”
According to Gartner, the report’s view of the CPQ market is forward-looking, as it is “not focused on the market as it is today, but on CPQ technology that will contribute to digital business strategies and outcomes.”
“KBMax excels in helping companies streamline processes across sales, engineering and manufacturing while offering a user-friendly buying experience.” said Bennett. “We’re honored to be recognized in this report as our we believe solution powers brands that are looking to compete in the age of 4IR.”
[1] Gartner “Magic Quadrant for Configure, Price and Quote Application Suites” by Christina Klock, Mark Lewis, 28 October 2019.
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About KBMax
KBMax is redefining CPQ and ecommerce for manufacturers globally. Their product configurator can handle complex business rules, visualization, real-time pricing, CAD automation and website embedding. This end-to-end solution results in an awesome buying experience, a faster sales cycle and a more efficient manufacturing process. For more information, go to kbmax.com.
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