2008-07-08 23:58:07 -
www.prospricing.com/files/PROS Only Small.jpg - PROS Holdings, Inc. (NYSE:PRO), a leader in pricing and revenue optimization software, announced today the availability of the newest release of PROS O&D, the leading origin-destination revenue management solution for the airline industry.
PROS continues to enhance the workflow of the PROS O&D revenue management product to provide transparency in the fare valuation and hybrid
optimization modules. New functionalities in this release include: -0- -- Improvements to Pricing Centric Fare Valuation that will provide demand and fare analysts with additional capabilities to ensure that future demand is valued properly, including: -- Choice of non-directional or directional fares for use in optimization -- Flexibility in net factor calculations -- Configurable logic selection when Revenue Accounting data is not available -- Enhancement to the demand forecasting methodology to provide additional seasonality cycles to match passenger booking and travel patterns -- Additional aggregation levels and a new viewer for transformed fares produced in the PROS Hybrid Optimizer Module -- Enrichment to the PROS RTDP Fare Strategies to improve analyst workflow with a reorganized user interface, clearer explanations, and additional functionalities
"These enhancements leverage PROS' leadership in real-time integrated science to provide additional capabilities to our customers. With the enhancements to the fare valuation module, analysts have additional capabilities to account for the dynamic nature of the airline pricing environment. These new workflows will allow our customers to take advantage of revenue-enhancing opportunities, especially in this difficult economic environment," said Surain Adyanthaya, Senior Vice President, Product Management.
PROS will conduct two webcasts to demonstrate the features contained in this release. These webcasts will be held on Tuesday 22 July 2008 at 20:00 (US- CDT) and on Thursday 24 July 2008 at 09:00 (US- CDT). Space for these webcasts is limited. For further details and to register for either webcast, please email
workshops@prospricing.com.
About PROS
PROS Holdings, Inc. (NYSE:PRO) is a leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution and price optimization. By using our software products, our customers gain insight into their pricing strategies, identify detrimental pricing practices, optimize their pricing decision-making and improve their business processes and financial performance. PROS' software products incorporate advanced pricing science, which includes operations research, forecasting and statistics. PROS' high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with hundreds of simultaneous users and sub-second electronic transactions. PROS provides professional services to configure our software products to meet the specific pricing needs of each customer. PROS has implemented over 200 solutions across a range of industries in more than 40 countries. Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 300 employees, more than 100 with advanced degrees and 20 with Ph.D.s.
PROS website:
www.prospricing.com
Save the Date for the 15th Annual PROS Summit - April 19-22, 2009 - Hilton Americas Hotel - Houston, Texas. - New Sponsorship Opportunities Available!
PROS, Houston
Corporate Communications, 713-335-5151
Fax: 713-335-8144
workshops@prospricing.com