All Nippon Airways Advances Digital Transformation Strategy with PROS
October 06 2020 - 9:00AM
Business Wire
Japanese carrier transitions to AI-powered
SaaS-based revenue management solution to drive recovery and
establish foundation for future growth
PROS® (NYSE: PRO), a provider of AI-powered solutions that
optimize selling in the digital economy, today announced All Nippon
Airways (ANA) has selected and implemented SaaS-based PROS Revenue
Management Essentials (RM Essentials) to better forecast passenger
demand and deliver revenue-optimal offers as a next step in its
comprehensive digital transformation strategy. With PROS, ANA will
utilize this next-generation AI-driven system designed to drive
revenue uplift within a scalable solution as it restores its
expansive domestic and international networks.
ANA is the largest commercial airline in Japan and a Skytrax
5-Star airline for eight consecutive years. Headquartered in Tokyo,
ANA has comprehensive flight networks that include 118 domestic and
82 international routes across Asia, Australia, Europe, and North
America (as of December 2019).
“As our networks come back online, RM Essentials will help us to
better anticipate changes in passenger demand, adjust pricing, and
ultimately maximize revenue,” said Shoichiro Horii, ANA Vice
President of Revenue Management. “Migrating to a cloud-based
solution and leveraging industry-leading AI-driven guidance from
PROS will empower our teams to deliver stronger business results
while enabling ANA to remain highly competitive and best positioned
to support our long-term growth strategy.”
“Despite the extreme disruption in the airline industry caused
by COVID-19, ANA has forged ahead with next steps in its digital
transformation,” said Benson Yuen, PROS President, Travel.
“Establishing a solid revenue management strategy is critical for
recovery, and RM Essentials will meet the business needs of ANA
today while simultaneously providing the flexibility and foundation
it needs for future growth.”
RM Essentials is an edition of PROS Revenue Management and is an
AI-powered SaaS solution, allowing for a low barrier to adoption
and ultimate flexibility for carriers looking to establish a
foundational capability in demand forecasting. It features AI-based
forecasting and optimization capabilities to deliver the optimal
offer price, every time. As a SaaS-based solution, RM Essentials is
scalable and allows airlines to transition smoothly from one PROS
edition to the next as its business grows.
“In this current climate, airlines are in a position where
demand fluctuations need to be accurately captured within an
AI-powered revenue management solution,” continued Yuen. “The
agility of AI is what will allow airlines to be confident in their
forecasts during this turbulent period, while best positioning them
for recovery.”
About PROS
PROS Holdings, Inc. (NYSE: PRO) provides AI-powered solutions
that optimize selling in the digital economy. 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.
Forward-looking Statements
This press release contains forward-looking statements,
including statements about the functionality and benefits of
AI-powered solutions 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 AI-powered solutions and
its current expectations of the benefits of AI-powered solutions
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
AI-powered solution 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 AI-powered solutions 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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version on businesswire.com: https://www.businesswire.com/news/home/20201006005278/en/
Amanda Parrish aparrish@pros.com 832.924.4731
Pros (NYSE:PRO)
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