IDeaS' Revenue Management Solution Wins
DM
Review's Analytic Application Category
MINNEAPOLIS, May 3, 2001 � IDeaS, Inc., a leading provider of revenue
management and optimization solutions, announced today that they have received
DM Review's 2001 World Class Solution Award for Analytic Applications.
DM
Review's World Class Solution Awards recognize strategic implementations
that represent world class initiatives in business intelligence, data warehousing,
analytic applications, customer relationship management, data acquisition
and integration. Judges evaluated solutions based on business benefits
derived from an implementation and the innovative use of technology to
solve a business problem.
IDeaS won for an implementation at Hyatt International's Grand Hyatt
Seoul. "When IDeaS installed at the Grand Hyatt Seoul pilot, we immediately
saw the impact of the system on our market share. The hotel moved up to
number one in revenue market share within its competitive set," said Gephard
Rainer, Hyatt International's vice president - Hotel Finance/Systems.
"The 'World Class Solution' Award substantiates the superior performance
of IDeaS Revenue Management Solution and differentiates the company's technology
solution," said Vice President of Business Development and Marketing Gale
Ward. "The company has conclusively demonstrated the ability to increase
topline revenue, improve market share and enhance asset valuation for global
hospitality clients. We are honored to win this award and are proud to
join an esteemed group of previous winners including NCR, Compaq, Seagate,
EMC and IBM."
The e-yield Revenue Management Solution enables hotels, chains and
resorts to maximize total revenue and increase revenue per available room
(RevPAR) by automating decisions that accept the most profitable business
mix. The e-yield application suite is designed for seamless integration
with core hotel technology systems, including property management, central
reservation and sales & catering.
The only completely automated decision execution solution in the industry,
e-yield is also the only solution to forecast group business, transient
and special events, and the only solution to calculate the value of each
type of demand. The company also provides the industry's first and only
guarantee of increased revenue with a benefits measurement system that
has been independently validated by a third-party accounting firm.
The e-yield solution is available in property-based, centralized or
ASP-based configurations. It can be deployed across Windows� and UNIX platforms
and is compatible with relational database management systems (RDBMS) such
as Oracle and Informix. Modeled on client/server architecture, the IDeaS
client applications are available on Microsoft Windows 95/98/2000 and Windows
NT. Server applications are available on Windows 2000, Windows NT
and UNIX. A web-based user interface allows clients to remotely access
e-yield from any browser.
About IDeaS, Inc.
Integrated Decisions and Systems, Inc. "IDeaS" is a leading provider
of revenue management and optimization solutions. The company has invented
analytic decision technology that enables global clients to manage complex
market segmentation, packaging, pricing and inventory management. IDeaS
guarantees increased revenue to its clients.
IDeaS' founders pioneered innovative revenue management solutions for
companies including US Air, Northwest Airlines and United Van Lines. In
1996, IDeaS created a solution designed for the hospitality industry; fundamentally
changing the practice of revenue management with automated decision execution
solutions and guaranteed results. IDeaS clients include Hyatt International
Corporation, Bass Hotels & Resorts, Inter-Continental Hotels &
Resorts, Hilton International, Millennium & Copthorne, Mandarin Oriental
and Kempinski Hotels and Resorts.
IDeaS, founded in 1989, is headquartered in Minneapolis, Minnesota.
The company maintains technology development, support and sales offices
in North America, the United Kingdom, Europe, Australia and Asia. For more
information, visit www.eyield.com or
call 651-905-3200. |