HOUSTON -- (BUSINESS WIRE) -- PROS® (NYSE: PRO), a big data software company, today announced its sponsorship of the World Low Cost Airlines Conference. The event, scheduled for Feb. 18-19, will be held at the Singapore Suntec International Convention & Exhibition Centre. PROS Senior Vice President for Product Management Surain Adyanthaya will lead a roundtable titled “Dynamic Availability and its Relevance for Low-Cost Carriers.”
PROS plans to showcase Stratus, its next-generation cloud-based revenue management (RM) solution, designed to meet the needs of low-cost carriers. Stratus uses data science to create greater alignment between RM and pricing, and helps airlines outperform in their price-sensitive, ultra-competitive markets.
“As a leader in revenue management for the airline industry, we are continuing to expand our value proposition, capabilities and market reach with Stratus,” said PROS Travel President Benson Yuen. “Stratus will appeal to low-cost carriers, a traditionally under-served market segment. This solution provides airlines with state-of-the art revenue management technology that can positively impact their bottom line and yet is easy to use. Stratus combines power and simplicity, and it enables revenue analysts at any experience level to be more effective by helping them manage competitive and volatile business conditions. We look forward to showcasing Stratus and how PROS can help airlines outperform.”
PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 28 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has completed over 600 implementations of its solutions in more than 50 countries. The PROS team comprises more than 700 professionals around the world. To learn more, visit www.pros.com.
This press release contains forward-looking statements, including statements about the functionality and benefits of PROS revenue management software. The forward-looking statements contained in this press release are based upon PROS historical experience with revenue management and big data software, and its current expectations of the benefits of revenue management and big data software for organizations that implement and utilize such software. Additional information relating to the uncertainty affecting 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.