clearn.png
Thursday December 12th, 2019 6:01AM

Revenue Analytics Unveils FareVantage™, Next-Generation Revenue Management for Passenger Rail

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Dec 2, 2019--

Revenue Analytics, pioneers in revenue management and predictive analytics solutions, today announced the launch of FareVantage™, a breakthrough Revenue Management System (RMS) for the passenger rail industry. FareVantage™ is the only RMS powered by advanced analytics and built specifically for modern train operators. With state-of-the-art automation and intelligence, FareVantage™ gives revenue management teams the ability to work faster and smarter, and achieve significant improvements in ridership, revenue, team efficiency, and customer experience.

“Today’s train operators need to maximize ridership and revenue, but their current tools just aren’t up to the challenge. Excel isn’t a real RM system. And homegrown systems and off-the-shelf software either don’t have the sophisticated analytics revenue management teams need, or they’re clunky copies of RM systems designed for other industries decades ago,” said Dax Cross, Chief Executive Officer at Revenue Analytics. “That’s why we’re thrilled to announce FareVantage™, revolutionary software designed to meet the unique needs of train operators and powered by the most advanced pricing science and predictive analytics technology available.”

Leveraging the power of predictive analytics and artificial intelligence, FareVantage™ delivers these valuable benefits:

In addition to the FareVantage™ software, Revenue Analytics offers customers premium, cutting-edge services—including a split ticketing assessment, revenue management diagnostic, and competitive intelligence integration.

All customers also receive included services to make each software implementation a success. “We believe that technology must be useful or it’s not worth having,” said Stan Ward, Vice President, Passenger Rail, at Revenue Analytics. “That’s why we start and end each software implementation with ‘human intelligence’—tailoring the software to the customer’s needs, ensuring adoption, and providing ongoing support long after launch.”

To learn more about FareVantage™, visit Revenue Analytics at World Rail Festival stand #5 and online at .

Revenue Analytics is a SaaS company that empowers big companies to make big revenue decisions in pricing, products, and promotions. Our analytics solutions drive millions in revenue uplift and eliminate wasted time. By providing predictive analytics at scale, Revenue Analytics’ flexible solutions enable their customers to act immediately and adapt strategically.

View source version on businesswire.com:

CONTACT: Kate Madden-Jones

Revenue Analytics

770-544-0877

kmadden-jones@revenueanalytics.com

KEYWORD: NORTH AMERICA UNITED STATES IRELAND UNITED KINGDOM EUROPE GEORGIA

INDUSTRY KEYWORD: RAIL TECHNOLOGY TRANSPORT TRANSPORTATION SOFTWARE TRAVEL

SOURCE: Revenue Analytics

Copyright Business Wire 2019.

PUB: 12/02/2019 04:20 AM/DISC: 12/02/2019 04:20 AM

http://www.businesswire.com/news/home/20191202005072/en

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News, AP Business Wire - Georgia
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
China to suspend US Navy visits to Hong Kong over new law
China says it will suspend U.S. Navy visits to Hong Kong and sanction a range of American pro-democracy organizations in retaliation for the signing into law of U.S. legislation supporting human rights in Hong Kong last week
4:31AM ( 12 minutes ago )
China repeats demand for rollback of US tariffs for deal
China repeats demand for rollback of US tariffs to reach deal on trade
4:11AM ( 33 minutes ago )
Buttigieg turns to black pastor to discuss racism, poverty
As he labors to win over black voters, Buttigieg finds a receptive host in a black pastor and civil rights activist in North Carolina
3:55AM ( 48 minutes ago )
Associated Press (AP)
Advertising workers strike to support Hong Kong protests
Several hundred advertising workers in Hong Kong have begun a work strike this week to support the anti-government protests
1:58AM ( 2 hours ago )
Asian stocks rise after China factory activity improves
Asian stocks rise after Chinese factory activity improves ahead of possible US tariff hike
1:28AM ( 3 hours ago )
Ballroom dancers say immigration clampdown hurting business
Ballroom dance studio owners say the immigration clampdown has made it even more difficult to find qualified instructors
1:15AM ( 3 hours ago )
AP Business
New EU leaders take office vowing to tackle climate change
A new team of leaders has taken office at the helm of the European Union, putting climate change at the top of their to-do list and vowing to foster EU unity as Britain prepares to leave
10:55AM ( 17 hours ago )
Black Friday kicks off scramble in a shorter shopping season
A shorter holiday shopping season means a more intense scramble for both retailers and customers
4:05PM ( 2 days ago )
US stocks close out half-day session with broad losses
Stocks fell broadly on Wall Street Friday following a shortened trading session a day after the Thanksgiving holiday that left the market slightly below its record highs
3:19PM ( 2 days ago )
AP Business - Corporate News
Judiciary panel to take reins on Trump impeachment inquiry
A look at the House Judiciary Committee as it takes over Trump’s impeachment inquiry
12:23AM ( 4 hours ago )
Devoe's late score pushes Georgia Tech past Bethune-Cookman
Michael Devoe scored 17 of his game-high 27 points in the second half, including a three-point play with seven seconds left, and Georgia Tech survived terrible free throw shooting to hold on for a 68-65 win over Bethune-Cookman
8:45PM ( 7 hours ago )
Injuries, ejection drain No. 4 Georgia for SEC title game
No. 4 Georgia may need new help on offense against LSU in SEC championship game
6:18PM ( 10 hours ago )
AP Online - Georgia News
AP Business Wire - Georgia
China to suspend US Navy visits to Hong Kong over new law
China says it will suspend U.S. Navy visits to Hong Kong and sanction a range of American pro-democracy organizations in retaliation for the signing into law of U.S. legislation supporting human rights in Hong Kong last week
4:31AM ( 12 minutes ago )
China repeats demand for rollback of US tariffs for deal
China repeats demand for rollback of US tariffs to reach deal on trade
4:11AM ( 33 minutes ago )
Buttigieg turns to black pastor to discuss racism, poverty
As he labors to win over black voters, Buttigieg finds a receptive host in a black pastor and civil rights activist in North Carolina
3:55AM ( 48 minutes ago )
Germany: Merkel’s party rejects full overhaul of coalition
The leader of Chancellor Angela Merkel’s party is rejecting a radical renegotiation of the agreement underpinning Germany’s governing coalition after its junior partner elected left-leaning leaders who want new concessions
3:49AM ( 54 minutes ago )
Nissan new CEO reaffirms alliance, promises revival
Nissan’s new chief executive Makoto Uchida has reaffirmed the importance of the alliance with Renault as the Japanese automaker seeks to puts its financial scandals behind it
3:37AM ( 1 hour ago )