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PROS Conducts Successful Launch of PROS RMS User Advisory Council.


HOUSTON -- PROS, the world's leader in pricing and revenue optimization optimization

Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics.
 science and software, and the pioneer and dominant provider of revenue optimization to the travel and transportation industry, announced the successful completion of the first PROS RMS (1) (Record Management Services) A file management system used in VAXs.

(2) (Root Mean Square) A method used to measure electrical output in volts and watts.

1. RMS - Record Management Services.
2.
 User Advisory Council meeting. Six PROS clients participated in a three-day event three-day event

a competition in the pleasure horse sport comprising usually one day each for dressage, cross country and show jumping.
 at PROS' Center of Excellence in Pricing and Revenue Optimization in Houston, TX.

The user community accomplished the three primary objectives:

--Discuss high-value use cases including day-in-the-life activities, implementing fare sales & schedule changes, and reports usage

--Review a significantly enhanced workflow for varying customer environments (including new time-saving tools) to be supported by the new configurable product design

--Familiarize users with the latest "look-and-feel" implemented in the application

All participating clients reported that this venue was conducive con·du·cive  
adj.
Tending to cause or bring about; contributive: working conditions not conducive to productivity. See Synonyms at favorable.
 to providing specific market feedback for the PROS 6 product design. "The event was worthy of my direct involvement. My team and I became very familiar with the new general design of the PROS 6 product. We were also able to provide collaborated feedback on high-value RM use cases which will translate to a product design that will increase the productivity of our analysts and managers," stated Tads Aquino, Vice President -- Revenue Management Department at Philippine Airlines Philippine Airlines, also known historically as Philippine Air Lines (PAL), is the national airline of the Philippines.[1] It is the first commercial airline in Asia and the oldest of those currently in operation. .

About PROS

PROS is the world's leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue optimization to the travel and transportation industry. PROS is the world's leader in pricing and revenue optimization solutions with over 250 deployed solutions across 12 major industries, optimizing millions of pricing decisions every day. PROS has more than 110 clients in 39 countries. PROS' clients include 17 of the top 25 carriers in the airline industry.

The PROS mission is to maximize the revenue of each client using PROS' industry-leading revenue optimization science, enterprise profit optimization, and pricing optimization solutions. PROS' clients report annual incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 revenue increases of 6-8% as a result of demand forecasting and revenue optimization. PROS' solutions forecast demand, optimize optimize - optimisation  inventory, and provide dynamic pricing optimization to maximize revenue.

Founded in 1985 in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
, PROS has 28 straight quarters of profitability, in large part due to the intellectual capital of its staff. Over 100 of PROS professional staff have advanced degrees including 22 Ph.D.s., and the staff speaks a cumulative total of 26 languages.

To learn more about pricing and revenue management, please visit our website: www.prosrm.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 5, 2006
Words:399
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