News for the Hospitality Executive |
Pegasus Solutions Ranks
in Top 50 on 2010 InformationWeek
500
MONARCH BEACH,
Calif. (September 15, 2010) – Pegasus Solutions today
announced that
it ranked 45 on this year’s InformationWeek
500 – a list of the top technology innovators in the U.S. The annual
list was revealed
last night at a gala awards ceremony at the exclusive InformationWeek 500 Conference
taking place at the St. Regis Monarch
Beach Resort, Dana Point, Calif. This year marked Pegasus’ debut on the list, and follows the company being recognized by two other technology media giants. In late 2009, InfoWorld named the company’s next generation central reservation system (CRS), RezView® NG, one of the top 100 technology solutions of the year. RezView NG was again recognized in 2010 by CIO in the CIO 100. “Pegasus has consistently been recognized as the global hospitality technology leader. However, being recognized as one of the top 50 companies on the prestigious InformationWeek 500 further validates our contributions in the technology industry as a whole,” said Mike Kistner, chief executive officer of Pegasus Solutions. Pegasus entered the awards for their recent development of an innovative demand-filled hotel property availability cache for the approximately 90,000 hotels for which it processes transactions. The horizontally distributed in-memory hotel availability cache sits in-between the CRSs used by hotel chains and the online travel agencies (OTAs), which hold as much promise as peril to hoteliers. The Pegasus availability cache helps hotel chains in two ways: reducing the total transaction volume presented to hotel CRSs, and reducing the hotel chains’ need to invest in additional capacity for their reservation systems. The cache also benefits OTAs by giving them faster responses. “For 22 years, the InformationWeek 500 has honored the most innovative users of business technology,” said InformationWeek Editor In Chief Rob Preston. “As we start to emerge from the worst recession in decades, the IT focus is now on driving growth—new sources of revenue, new relationships with customers, even new business models. This year’s ranking placed special emphasis on those companies and business technology executives leading that charge." InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments and administrative practices of America’s best-known companies. Top winners have included: CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/. About Pegasus Solutions Inc. – Proud honoree of the InformationWeek 500, CIO 100 and InfoWorld Top 100 Pegasus Solutions is the
world’s leading provider of technology and services to hotels and
travel
distributors, supplying the award-winning RezView® NG central
reservation
system, electronic distribution services, advanced agency commission
processing
and payment services, and hotel marketing representation services.
Founded in
1989, Pegasus created and launched the hotel switch, and today its
customers
include approximately 90,000 properties around the globe as well as a
majority
of the world’s travel agencies. Additionally, Pegasus’ powerful
representation
arm incorporates Utell® Hotels & Resorts and Utell Connect,
services that
have been chosen by more than 9,000 member hotels in 146 countries,
making
Pegasus the hotel industry’s largest third-party marketing, sales and
reservations specialist. Pegasus also powers the niche consumer
Web site www.hotelbook.com™,
dedicated to promoting independent and boutique hotels throughout the
world.
Headquartered in Dallas, Pegasus has 18 offices in 11 countries,
including
regional hubs in London, Singapore and Scottsdale, Arizona. For more
information, please visit www.pegs.com
or www.utell.com.
About InformationWeek Business Technology Network (http://www.informationweek.com/) The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow – from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties like DarkReading.com (security), IntelligentEnterprise.com (application architecture), NetworkComputing.com (networking and communications) and PlugintotheCloud.com (cloud computing). The network also provides focused content for key IT audiences, such as CIOs, developers, SMBs and IT Support Managers via InformationWeek Global CIO, Dr. Dobb's, InformationWeek SMB, and HDI respectively, as well as vital vertical industries with InformationWeek Financial Services, Government and Healthcare sites. Content is at the nucleus of our information distribution strategy, and the network provides a deep and rich portfolio of decision-making tools and peer based research through InformationWeek Analytics, the leading service for peer-based IT research and analysis. IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions. The InformationWeek Business Technology Network is part of UBM TechWeb. |
Contacts: Media contact: Ariel Herr for Pegasus Solutions +1(214)890-7912
[email protected] Sherbrooke Balser for Information Week +1 (949) 223-3605 [email protected] |