Rail business and operational aspects like adjustable capacity and varying journey lengths
Based on days or time before departure and current booking or remaining inventory.
Dashboards, key performance indicators and a comprehensive list of reports
RTS | Velocity
RTS Velocity is an advanced price sensitive revenue management and business intelligence solution that enables rail operators to increase their incremental revenue and maximize their profitability. The solution utilizes advanced mathematical operations research models for forecasting and optimization and can be easily integrated with other systems using Service Oriented Architecture or SOA.
The SaaS cloud option is best suited for rapid deployment, immediate benefit, minimal implementation effort and low ongoing maintenance costs
RTS offers an on-premise option for a tighter integration with business processes and other on-premise systems. The on-premise option is also better suited for a higher degree of customization.
Rail Specific Business Practices
Accounts for rail specific business practices and operational aspects such as adjustable capacity and varying journey lengths.
Option to choose from alternative forecasting models to understand customer demand to set optimal controls
Restriction free pricing capability
Web based lightweight application that is browser agnostic and is scalable and robust. Work flow driven intuitive Graphical User Interface.
Demand Price Elasticity
Incorporates price elasticity of demand by certain groups of customer over the booking time horizon to determine the opening/closing of certain fare classes.
Sophisticated forecasting, optimization and consumer behavior modeling can significantly boost your bottom line