History of Revenue Technology Services
2022
Passenger
- Assisted Users with artificial forecasting for post Covid trends
- Added Capacity Management module for optimal crewing level or equipment type recommendations
- Added System Health monitoring and alerting to proactively assist users
- Added Demand Change Manager for Campaign and similar trend modification and future re-use
- Added User defined Filters and settings to simplify daily workflow
- Enhanced Dashboards and Statistics to allow for more detailed evaluation of trends
Cargo
- Saudia selects RTSโย Velocity,ย AcceleRateย andย Foresightย for their revenue management, pricing and revenue planning / sales budgeting automation
- IAG Cargo goes live with phase 1 ofย AcceleRate
- AI/ML based mail forecasting models are part ofย Velocity
- United Cargo selectsย AcceleRate to incorporate dynamic pricing, rating and rate sheet distribution as part of their pricing capabilities
- Foresight joins the unified platform along withย AcceleRateย andย Velocity
2021
Passenger
- Added Competitive Insight Price Matching, based on business rules and positioning when compared to competitor
- Destination Gotland went Live with RTS Velocity
- Dynamic Min/Max constraints and various workflow enhancements
- Added Departure Types categorization to allow for variety in grouping of departures.
- BC Ferries went Live with RTS Velocity
- Launched Connexions for sharing system updates an multimedia information with clients
Cargo
- Southwest Cargo goes live withย AcceleRateย phase 2
- Delta Cargo selectsย AcceleRateย to automate pricing capabilities
- AI / ML based payload forecasting models are now part ofย Velocity
- IAG Cargo selectsย AcceleRateย for price optimization and rate distribution
- Business Rules Engine is now part of theย AcceleRateย rating engine
2020
Passenger
- 2019.1 Release of Passenger Velocity with Cruise Ferry and usability enhancements
- PrecisionAir selects RTS velocity for its Passenger RM and goes live
- 2020.0 and 2020.1 Releases of Passenger Velocity with significant functionality enhancements for multiple industries
Cargo
- Southwest Cargo selectsย AcceleRateย to automate the cargo pricing optimization and Rating Engine
- Ethiopian Cargo goes live withย AcceleRateย andย Velocity
- Southwest Cargo goes live withย AcceleRate
- Addition of Analytical Insight into Allotments and Free sale capacity ย โ โKnow your Flightโ feature as part ofย Velocity
2019
Passenger
- Segment Round Trip Optimization for Cruise Ferries released
- Ellinair selects RTS Velocity RM solution and goes live
- 2019 Release of Velocity, including rebranded GUI and usability enhancements rolled out
Cargo
- May 2019 โ Ethiopian Cargo selects RTS Velocity and RTS Accelerate for automating revenue management and pricing functions
2018
Passenger
- 2 major European Cruise Ferries sign up for RTS Velocity
- P&O Ferries completes upgrade to RTS Velocity
Cargo
- March 2018 โ Air Canada Cargo selects RTS Foresight solution to automate revenue planning, set revenue targets and sales targets
- Automatic sponsorship recommendations for Capacity and Demand Forecasting in Velocity (Air Cargo)
- Velocity (Cruise Ferry Freight) upgraded to latest Graphical User Interface along with real time currency exchange capability
- Flexible hierarchy for the Rating Engine and a new business rules engine are part of new features in AcceleRate
Global
- RTS Product Rebranding takes place:
- Revenue Management โ Velocity
- Scheduling โ Compass
- Pricing โ Accelerate
- Revenue Planning โ Foresight
2017
- RTS enhances the SchedOpt solution to include clean-sheet optimization and evaluation capabilities
- Color Line goes live with ProfitOpt functionality of Key Departure Monitoring functionality
- BC Ferries chooses ProfitOpt for itโs revenue management needs
- Bahamasair signs up and goes live with ProfitOpt
- Delta Air Lines Cargo selects CargoProfitOpt as its revenue management solution
- United goes live with phase 3 of CargoProfitOpt that includes Network Management functionality
- P&O Ferries Freight selects RTS consulting for its freight automation strategy
- RTS launches Foresight โ a schedule optimization, revenue planning and sales budgeting tool for air cargo and cruise ferry freight industries
2015
- Fjord Line goes live with ProfitOpt
- RTS begins development of the worldโs first scheduling solution for ferries โ SchedOpt with schedule management and schedule optimization capabilities
- Marine Atlantic Incorporated signs up for SchedOpt
- InterCaribbean Airways selects ProfitOpt
- Passenger ProfitOpt and CargoProfitOpt systems are integrated
- United goes live phase 1 of CargoProfitOpt that includes the Capacity Management functionality
- Finnair goes live with phase 1 of CargoPriceOpt that includes contract rate and general tariff rate recommendations
- Brittany Ferries freight division goes live with phase 2 of the CargoProfitOpt that includes booking evaluation, Customer value and waitlist management modules.
- Finnair goes live phase 2 of CargoPriceOpt includes spot rate recommendations
- United goes live with phase 2 of CargoProfitOpt that includes Allotment Management functionality
2014
- Winair upgraded to first ProfitOpt hosted solution
- Fjord Line selects ProfitOpt for their revenue management needs
- ProfitOpt upgraded with round trip support and dashboards is released to client community
- Brittany Ferries selects CargoProfitOpt as the ferry freight management solution, industryโs first of its kind.
- United Airlines Cargo selects RTS CargoProfitOpt as its revenue management solution.
- Cap Gemini selects RTS consulting to assist in development of Cargo Reservations and Operations solution for Southwest Cargo
- Finnair Cargo selects RTS CargoPriceOpt as its contract rate and spot rate optimization solution
- Brittany Ferries goes live with phase 1 of CargoProfitOpt that includes capacity management functionality
2012
- Cayman Airways goes live with ProfitOpt
- Brittany Ferries upgrades from Crest and goes live with ProfitOpt
- ProfitOpt product upgraded with rule based exception alerting and mass adjustments
- Virgin Atlantic goes live with phase 1 of CargoPriceOpt
- Launched Cargo pricing solution RTSCargoPriceOpt, Competitor based revenue management solutions and price sensitive revenue management
2011
- RTS adds Virgin Atlantic as Cargo Pricing launch customer and Emirates as Cargo RM launch customer
2007
- Winair goes live with ProfitOpt
- South African Airlink upgrades from Optix and goes live with ProfitOpt
- Color Line upgrades from Crest and goes live with ProfitOpt
- Container Cargo Asset Management Solution developed by RTS
2000
- P&O Ferries goes live with Crest
1999
- P&O European signs up for Crest, RTS Revenue Management Solution for Cruise Ferries
- RTS expands its reach with the first commercially available RM solution for Rail industry with implementation of Swedish rail
1998
- South African Express goes live with Optix, RTS Revenue Management Solution for Airlines
1996
- South African Airlink goes live with Optix, RTS Revenue Management solution for Airlines
- Brittany Ferries signs up for Crest, RTS Revenue Management Solution for Cruise Ferries
- SA Airlink signs up for RTS Revenue Management Solution for Airlines
- RTS launches windows based solution with state-of-the-art and Mathematics and Graphics technology
1993
- Color Line goes live with Crest, RTS Revenue Management solution for Cruise Ferries.
1984
- RTS develops hospitality revenue management solution for Hyatt and Marriott
1982
- RTS develops the first commercial yield management system for Republic Airlines on mainframe