HOUSTON--(BUSINESS WIRE)--PROS (NYSE: PRO), a world leader in pricing and revenue management software, today announced the resounding success of its 17th Annual Revenue Management Conference hosted on Sept. 21 and 22 in Chicago. The event attracted leading revenue management professionals from approximately 40 countries around the globe. The PROS symposium is one of the world’s largest conferences dedicated exclusively to revenue management.
“The success of our conference is elevated based on the caliber of the delegates who participate,” said Benson Yuen, president, PROS Travel sector. “Our customers, prospects, presenters and sponsors each play an integral role. Innovation and thought leadership emanate from the conference through the generosity of organizations that share valuable input, their stories and best practices, supported by a global point of view.”
“The annual PROS Revenue Management Conference attracts the industry’s pre-eminent thought leaders and provides extraordinary value for delegates,” said Etihad Airways Vice President of Revenue Management Desi Barkhuizen. “The event garners industry attention, based on participation by respected theoreticians and forward-thinking practitioners who are there to discuss and shape the future of revenue management. For all of us who attend, PROS provides a platform for often ground-breaking discussions.”
The conference – themed “Passport to Potential” – focused on innovation and the future of revenue management, anchored by presenters who delivered insights on industry trends, the current and future of state of the industry, and best practices. Tracks focused on revenue management in four primary areas: passenger airlines, airline cargo, hotels and cruise lines. Industry leaders and experts delivered presentations that covered a broad range of topics that focused on the strategic and tactical roles that revenue management plays in enabling organizations to optimize their businesses in today’s global travel environment:
- “Disentangling Revenue Management … Again” – Dr. Karl Isler, Swiss International Airlines (SWISS)
- “Alliance Revenue Management in Practice” – Dr. Peter Belobaba, Massachusetts Institute of Technology
- “The Physics of Change” – Jorge Ismael Torres, LAN Cargo
- “Ancillary Revenues – How Do We Make RM Better?” – Chris Amenechi, United Airways
- “Revenue Management’s Contribution to Etihad’s Success” – Desi Barkhuizen, Etihad Airways
- “The New Revenue Management World” – Julius Thairu, Kenya Airways
- “Innovative Online Selling and Impacts Upon Revenue Management” – Dr. Chris Anderson, Cornell School of Hotel Administration
To see a detailed list of speakers and presentation topics, visit the PROS website at www.prospricing.com/rmagenda2011.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive enterprise pricing and revenue management software products, specializing in price analytics, price execution, and price optimization. By using PROS' software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS' software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with hundreds of simultaneous users and sub-second electronic transactions.
PROS has implemented over 500 solutions across a range of industries in more than 50 countries.
Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 480 employees, more than 100 with advanced degrees and over 25 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.
Forward-looking Statements
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 software and its current expectations of the benefits of pricing 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.