If the product is highly configurable, the user may face combinatorial explosion, which means the rapid growth of the complexity of a problem.
The "configure" in CPQ deals with the complex challenges of combining components and parts into a more viable product.
There are a few main approaches used to alleviate the problem of combinatorial explosion: The CPQ industry has many vendors.
M&A activity, partnerships, and investment in these solutions will continue for the foreseeable future.
The CPQ landscape is continuously evolving and thus a challenge to navigate when critical decisions that impact the future performance of a business need to be made.