Houston, Texas – October 16, 2003 — PROS Revenue Management, a world leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue management to the travel & transportation industry, invites you to attend a web seminar spotlighting PROS O&D Revenue Management System on Wednesday, October 29, 2003 at 10:00am U.S. Central Standard Time.
PROS O&D Revenue Management System is currently in production at four of the world’s largest transport companies: Swiss International Airlines, Singapore Airlines, British Airways, and Singapore Airlines Cargo. PROS’ customers estimate annual incremental revenue increase of at least 2% to 3% above leg-based and non-PNR-based O&D solutions.
“The combination of PNR-based forecasting with network optimization generate optimal bid-price controls that provide an incremental revenue lift of 2% or more.” stated Amit Khandelwal, Director of Airline Product Management at PROS. “The use of PROS O&D Real-Time Dynamic Pricing Engine positions airlines to adapt their inventory controls to the very dynamic market conditions including influx of low-fare competition, alternate pricing models and distribution channel differences. It allows integrated controls for selling over e-commerce channels along with traditional distribution channels and provides the infrastructure for customer-centric revenue optimization.”
For the first time, airlines can acquire a true PNR-based O&D solution “off-the-shelf” and implement it within 90 days to rapidly generate incremental revenue returns. All of the modular components of the PROS O&D Revenue Management System are feature-complete and in full-scale production, and the system integrates as a holistic solution with all of the other functions of network planning and management at each of our airline customers.
This proven PNR-based forecasting and dynamic network optimization system is state-of-the-art for the airline industry. The system employs sophisticated Bayesian forecasting techniques, high-performance and highly scalable n-tier architecture, an XML web-based thin-customer platform, and seamless integration with network planning, pricing, and scheduling systems. The PNR-based PROS O&D System includes an advanced architecture that provides high performance scalability to support the highest volume databases of the world’s largest airlines.
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PROS Corporate
Communications
email: info@prospricing
phone: 713.335.5151
/ fax: 713.335.8144