| Chicago, USA, April 13, 2004 – Chicago-based
Riv Consulting Inc. announces that it has taken over eMark Services-a software
services company. eMark Services is a leading provider of internet based
airfares and hotel-rates monitoring services to the global travel industry.
Subsequent to the takeover, the price-intelligence services from eMark
are being re-launched as RateGain. Riv Consulting’s expertise in
e-business applications is going to add tangible value to the portfolio
of eMark offerings. RateGain customers can now expect to get more value
from these comparative pricing reports and greater flexibility of formats
including reports in pre-chosen XML schemas, graphic representations and
analytical summaries. Also, different report formats could be used for
different levels of decision makers in the client company.
 Large
travel portals, airlines, hotel chains, travel inventory consolidators
and market research companies use the RateGain pricing intelligence. Though,
most travel portals claim to offer "best-prices-on-the-web"; few actually
do any structured competition tracking. With RateGain price-intelligence
reports, any travel portal can out-smart it’s competition and increase
it’s book-to-look ratio given the fact that any consumer checks-out several
websites before finally making a booking.
Besides cheapest airfares, a comparative AirGain report contains data
relating to stop-overs, advance booking periods, duration of return trip,
minimum fares amongst all the travel portals being tracked, the difference
between the fares on the customer's portal and other portals etc. Similarly,
a comparative HotelGain report contains star-ratings, advance booking period,
length of stay, minimum rates amongst all the travel portals being tracked,
the difference between the rates on the customer's portal and other portals
etc. The client decides the portals that need to be tracked and other parameters
that affect price. " The company uses Prince2 methodology of project management
and uses sophisticated software tools to drive the entire price-data report
generation cycle. Stay ahead of your competitors with RateGain reports",
says Mr. Bhanu Chopra – the CEO of Riv Consulting Inc.
The reports could be submitted daily, weekly, on-demand or at a customer-specified
periodicity. The customer can also access his reports through a password
protected web folder on RateGain client extranet i.e. NetReports. Alerts
by e-mail or SMS, as and when prices of certain travel inventory items
rise or fall beyond the pre-specified threshold values, are also available.
For additional information or to request a sample report, please visit:
www.rategain.com
About Riv Consulting Inc.
Riv Consulting is a privately held company incorporated in Illinois,
USA with its’ offices in Chicago. Riv Consulting offers innovative and
value-driven e-business solutions to the industry. The customer portfolio
includes SMEs as well as several Fortune 500 companies.
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