PROS Scientist to Deliver Address at European INFORMS Revenue Management & Pricing Conference
HOUSTON, June 26, 2017 – Expanding the profile of its Science and Research team, PROS® (NYSE: PRO), a cloud software company powering the shift to modern commerce, today announced that Darius Walczak, Ph.D.,
will deliver remarks at the upcoming 2017 INFORMS Revenue Management and Pricing Conference in Amsterdam. Walczak, a senior director on the company’s Science and Research team, has been selected to present research on his work in dynamic pricing science.
Walczak’s presentation – “Pricing Competition When Some Customers are Loyal” – analyzes a market model where two airlines compete for price-sensitive customers vs. loyal customers. He will provide insights into how the presence of loyal customers affects market equilibrium.
The annual INFORMS RMP conference is the premier forum for practitioners and academics actively engaged in pricing analytics and revenue management. It is scheduled this year for June 28-30 in Amsterdam’s famed Science Park Center for Mathematics & Computer Science.
“The pace of business change across the globe continues to drive dramatic shifts in how companies serve their customers,” said PROS Senior Vice President of Science and User Experience Jeff Robinson. “Airlines look to PROS for our decades of experience in developing revenue management software and solutions with real-time dynamic pricing. This new research allows companies to better optimize their prices with speed, precision and consistency. Darius Walczak is an industry expert, and we are honored that he’s been selected to present next-generation revenue management research at this prestigious industry event.”
To learn more about the conference, visit www.pros.com or follow PROS on Twitter at @PROS_Inc.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a cloud software company powering the shift to modern commerce by helping companies create personalized and frictionless buying experiences for their customers. Fueled by dynamic pricing science and machine learning, PROS solutions make it possible for companies to price, configure and sell their products and services in an omnichannel environment with speed, precision and consistency. Our customers, who are leaders in their markets, benefit from decades of data science expertise infused into our industry solutions. To learn more, visit pros.com.
Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality and benefits of revenue, profit realization and modern commerce 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 revenue, profit realization and modern commerce software and its current expectations of the benefits of revenue, profit realization and modern commerce 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 revenue, profit realization and modern commerce software 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 revenue, profit realization and modern commerce 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.
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Media Contact:
James Garber
pros@marchcomms.com
617-960-9875