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

December 2, 2019

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 https://www.revenueanalytics.com/rail/farevantage.

About Revenue Analytics:

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

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