HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a world leader in pricing and revenue management software, today announced plans to showcase its big data revenue management applications at the IATA World Passenger Symposium (WPS). Scheduled Oct. 16-18 in Abu Dhabi, United Arab Emirates, the event will be held at the Jumeriah at Etihad Towers, with PROS in booth #8. The event brings together representatives from the entire passenger value chain, from airlines to government representatives, who will review common solutions to industry challenges.
“At this year’s symposium, we plan to showcase PROS solutions, including our next-generation cloud-based capabilities designed to maximize revenue for the low-cost carrier business model.”
PROS Senior Vice President, Product Management, Surain Adyanthaya, will join a team of industry experts on a panel titled “Revenue Management: Where Do We Go From Here?” scheduled on Wednesday, Oct. 17, at 4:30 p.m. Additional members of the panel include Dr. Karl Isler, head of revenue management strategy with Swiss International Airlines; Dr. Peter Belobaba, principal research scientist with the Massachusetts Institute of Technology (MIT); Stephen Beleliev, head of product management commercial airlines solutions at LH Systems; and Scott Nason, president of SDN TT&H Consulting. The panel will offer insights on the future direction of revenue management science and technology, and the implications for airlines.
“As a revenue management pioneer, PROS innovations enable airlines around the world to confidently make informed and accurate decisions using big data,” said Adyanthaya. “At this year’s symposium, we plan to showcase PROS solutions, including our next-generation cloud-based capabilities designed to maximize revenue for the low-cost carrier business model.”
To schedule an appointment to meet with PROS executives at the event, send an email to firstname.lastname@example.org; or call 1-855-846-0641 for North America or Asia Pacific; or +49 89 99216 270 for Europe, the Middle East or Africa. To learn more about PROS revenue management solutions for the travel industry, visit the website.
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive pricing and revenue management software for companies in the manufacturing, distribution, services and travel industries. PROS gives customers far greater confidence and agility in their pricing strategies by providing data-driven insights into transaction profitability, forecasting demand, recommending optimal prices for each product and deal, and streamlining pricing processes with enhanced controls and compliance. With more than $460 billion in revenues under management, PROS has implemented more than 500 solutions in more than 50 countries. The PROS team comprises 580 professionals, including 100 with advanced degrees and 25 with Ph.D.s. To learn more, visit http://www.prospricing.com.
This press release contains forward-looking statements, including statements about the functionality and benefits of pricing software to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with pricing and revenue management software and its current expectations of the benefits of pricing and revenue management software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s pricing and revenue management needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of pricing software such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.