Sectors

PROS to Showcase Innovative Revenue Management Cloud Application at World Low Cost Airlines Congress

17th Sep `13, 12:56 PM in Sectors

HOUSTON & LONDON, Sep 16, 2013 (BUSINESS WIRE) — PROS(R) PRO +0.47% , a big data software company,…

BDMS
Guest Contributor
 

HOUSTON & LONDON, Sep 16, 2013 (BUSINESS WIRE) — PROS(R) PRO +0.47% , a big data software company, today announced its sponsorship of the World Low Cost Airlines Congress. The tenth annual event is scheduled for September 16-18 at the Sofitel London Heathrow. PROS will be in booth 48 at the Congress.

PROS plans to showcase Stratus, its first predictive and prescriptive flight and revenue management (RM) solution, purpose-built for low-cost airlines. Stratus – a cloud-based solution – uses data science to drive greater alignment between RM and pricing, and helps airlines outperform in their price-sensitive, ultra-competitive markets. It automatically adjusts flight inventory to prescribe the revenue of each flight, while balancing other ancillary revenue streams. Stratus streamlines the RM process to help improve analyst efficiency and effectiveness, enabling airlines to maximize both revenue gains and load-factor goals. PROS provides these airlines with big data applications that enable analysts to proactively manage the booking process and maximize revenue for thousands of flights.

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