Predicting profitable revenue opportunities and optimally investing in them

is #Digitaligence at work!

An airline’s inventory is sold primarily as a function of demand and supply. Optimization of every revenue opportunity at a flight or sector level is imperative. Competition and customer intelligence are new metrics that airlines are keen to factor in, during optimization of revenue.

Given intense competition, airlines are actively promoting diversification of revenue streams through ancillary services. Separately, airlines are also critically looking at costs of Sales so as to invest available resources (cash, workforce) for profitable revenues!

ITC Infotech’s Revenue Insights Solution provides diagnostic and predictive capabilities for an airline basis its prevailing core RM and Sales applications and bouquet of revenue streams.

Itc Airline Revenue Insights V1 1

BUSINESS CHALLENGES

Airline Revenue Management teams find traditional RM applications as black boxes, with little provision to tweak the algorithm on demand, in line with market dynamics.

Airline Sales tend to be a laggard when it comes to BI maturity. At best, they have diagnostic capabilities to drill down contributing factors in a historical data analysis!

Traditional BI proves a hindrance to revenue teams when searching for insights from a plethora of data.

SOLUTION OVERVIEW

ITC Infotech’s Rev-Insights solution provides a holistic analytical capability to Chief Revenue Officer and his/her team to make insights based decisions.

Through our domain-centric metric model, and analysis flows, Revenue organization is able to pin point contributing factors for a given situation, across team, time, channel, and geography dimensions.

Our domain aligned Data Scientists can design custom statistical models, for a given business challenge, basis the best fit approach, as per available data.

RESULTS

  • Airline revenue teams get a fully customizable analytics capability that fits competitive landscape, and revenue priorities
  • Our domain expertise translate into little time investment by actual business users, who can focus on dynamic business landscape
  • Our domain aligned Data Scientists can design custom statistical models basis the best fit of an approach as per available data & business challenge
  • Airlines find a trustworthy partner in us – one who can deliver diagnostic capabilities to  predictive analytics at the sub-functional level
  • As we are technology agnostic, airlines do not need to scrap prevailing technology platforms or applications, thereby saving costs

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#Digitaligence

700+

Seasoned product and process experts

30%

Reduced cycle-time with real-time visibility of product information

25

Global Fortune 500 Manufacturing Customers

Put #Digitaligence to work for you. Get in touch with us now!


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Contact Us | Sitemap | Corporate Identity Number: U65991WB1996PLC077341 | For any queries or grievances contact Mr. Jay Shah at contact.us@itcinfotech.com

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Phone: +91-80-2298 8331-37