Articles from PROS

PROS, a leading provider of AI-powered solutions for airline commercial performance, today announced that Kenya Airways (KQ) is partnering with PROS to support the airline’s revenue optimization and growth strategy following an extensive evaluation of revenue management solutions. The airline selected PROS for its advanced artificial intelligence and forecasting capabilities, which will help improve forecasting accuracy, strengthen commercial performance and support Kenya Airways' long-term offer optimization ambitions.

PROS, the commercial intelligence technology provider that powers modern airline retailing, today introduced PROS Kairos, a new agentic airline retailing platform that brings PROS pricing science, airline data and AI into a single workspace for airline commerce. Combining intelligent workflows, a conversational user experience, and a unified data foundation powered by Databricks, PROS Kairos provides airlines with access to data, insights and automation with fewer manual steps between applications.

PROS® (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced long-time PROS customer Air Europa has selected PROS Digital Retail to support their strategy on customer-centric, controlled digital shopping experiences from inspiration to booking. With this latest PROS Platform for Travel capability, Air Europa will deliver value across the entire booking journey and drive ancillary revenue as they look to grow globally and outperform both low-cost carriers and full-service airlines.

PROS® (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced it has been named a winner for automated reasoning in the 2022 Artificial Intelligence Excellence Awards. Created by the Business Intelligence Group, this award recognizes the organizations, products and people developing and implementing AI to solve persistent challenges and drive market impact.

PROS® (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced an industry-first alliance with TAC Index, giving PROS customers a competitive edge with greater, more accurate and timely visibility into market air cargo rates to help them further optimize prices and maintain profit margins during periods of extreme global market volatility.

PROS® (NYSE: PRO), a market-leading provider of SaaS solutions optimizing shopping and selling experiences, today announced it was named to the Constellation ShortList™ for Price Optimization in Q1 2022, marking the fifth year of consecutive ShortList validation for PROS and its ability to deliver on critical digital selling transformation requirements for early adopter and fast follower organizations.

PROS® (NYSE: PRO) a provider of SaaS solutions optimizing shopping and selling experiences, today announced that in connection with its previously announced acquisition of EveryMundo, LLC (“EveryMundo”), the company granted special inducement equity awards under the PROS Holdings, Inc. 2021 Equity Inducement Plan to induce certain EveryMundo employees (13 in total) to join the PROS group. The company granted equity awards for an aggregate of 332,004 shares in the form of time-based restricted stock units (RSUs). Seth Cassel and Anton Diego, the founders of EveryMundo were each granted 141,884 time-based RSUs. A total of 48,236 time-based RSUs were granted to 11 employees of EveryMundo who will become employees of the PROS group. The inducement RSUs generally vest in equal installments on each anniversary of the grant date over four years, subject to continued employment through each applicable vesting date. The equity awards were approved by the Compensation and Leadership Development Committee of the PROS board of directors and were granted as a material inducement to employment with the PROS group. These Inducement Awards were granted outside of the PROS Amended and Restated 2017 Equity Incentive Plan.

PROS® (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced that Emirates SkyCargo – one of the world’s largest air cargo combination carriers – has chosen PROS to further fuel its digitalization agenda and omnichannel sales initiatives. With the proven pricing and selling capabilities of the PROS Platform, Emirates SkyCargo will fluidly adapt to market conditions around the increasing customer demand for relevant offers, particularly for the spot deals that are driving today’s global supply chains.