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PROS Proven Revenue Management Fuels Digital Transformation and Growth Strategy at Royal Brunei Airlines
PROS® (NYSE: PRO), a leading provider of SaaS solutions optimising shopping and selling experiences, today announced Royal Brunei Airlines (RB), the national carrier of Brunei Darussalam, has selected PROS Revenue Management Essentials+ (RME+) as a foundational component of its revenue management, digital transformation and growth strategy. PROS RME+ has proven, AI-powered O&D revenue management capabilities […]
Royal Brunei Looks at AI-Powered Solution to Optimise Revenue
BANDAR SERI BEGAWAN (Borneo Bulletin/Asia News Network): Royal Brunei Airlines (RB) has selected PROS Revenue Management Essentials+ as a foundational component of its revenue management, digital transformation and growth strategy, PROS announced on Wednesday (Jan 26). According to a press statement, PROS RME+ has proven, artificial intelligence (AI)-powered revenue management (RM) capabilities to help position […]
PROS Proven Revenue Management Fuels Digital Transformation and Growth Strategy at Royal Brunei Airlines
Market-leading, proven AI-powered demand forecasting selected to maximize revenue uplift, improve process efficiencies and extend brand differentiation in fast growing, hyper-competitive market HOUSTON, January 26, 2022 – PROS® (NYSE: PRO), a leading provider of SaaS solutions optimizing shopping and selling experiences, today announced Royal Brunei Airlines (RB), the national carrier of Brunei Darussalam, has selected […]
Dealing With AI Biases, Part 1: Acknowledging the Bias
We are at the cusp of a new age of AI. The adoption of AI in consumer applications has become more widespread. Yet business adoption of AI has been slower due to two major areas of concern: The black box problem: AI’s decisions are uninterpretable. The AI bias problem: AI’s decisions may be biased. Read […]
How Will Businesses Capitalize on AI in 2022?
Many businesses have accelerated their digital transformation efforts since the beginning of 2020, reshaping industries worldwide. As a result, the implementation of artificial intelligence is on the rise. In 2020 alone, fifty percent of business leaders said they adopted AI in at least one of their organization’s functions, according to McKinsey. In 2022, and as […]
2022: The year of AI in B2B
The past two years have seen a steep acceleration of digital selling, amongst almost all industries, as a result of stay at home guidance and mandates. The shift to e-Commerce in the consumer space was somewhat inevitable. However, there has also been a notable move to the digital arena amongst business-to-business (B2B) sales, as companies […]
Preview 2022: Airlines
Airlines will likely encounter more turbulence in 2022 as international travel restrictions and the ongoing pandemic continue to impact demand. Nevertheless, the industry expects to make further strides toward recovery, with some carriers pointing toward profitability and network carriers adding transatlantic flights in expectation of a big U.S.-Europe summer season. … Surain Adyanthaya, who heads […]
PROS Holdings, Inc. Announces Updated Fourth Quarter and Full Year 2021 Guidance and Date of Fourth Quarter and Full Year 2021 Financial Results Release, Conference Call, and Webcast
HOUSTON, January 13, 2022 – PROS® (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced updated fourth quarter and full year 2021 guidance and the fourth quarter and full year 2021 financial results release date. Fourth Quarter and Full Year 2021 Financial Outlook PROS currently anticipates the following based on […]
16 Industries And Functions That Will Benefit From AI In 2022 And Beyond
From manufacturing to marketing, businesses across multiple industries are leveraging artificial intelligence to optimize their processes and services. As AI technology continues to advance, some sectors will be radically transformed in the years to come. … 7. Agriculture We often take for granted how something as simple as flour makes its way into grocery stores, […]
‘We Have Redefined Normal’: Experts Predict When and How the Supply Chain Crisis Will End
… Solutions come at a premium There are some short-term solutions that brands can adopt to circumvent current supply chain issues. But they’re much more expensive — which is a hard pill for brands and retailers to swallow as everything is getting more expensive. … Zeke Ziliak, global vp of transportation and logistics industries at […]