Revenue Management

December 06, 2019: Kenya Airways has rolled out a new revenue management solution to help the airline predict consumer behaviour and subsequently improve availability and pricing offers.

The system is a complete passenger service system (PSS) that offers full reservation, inventory and departure control capabilities, delivering a unique, integrated solution.

The technology has been introduced at a time when the national carrier is struggling to return to profitability after its loss for 2018 rose to Sh5.9 billion from Sh5.1 billion the previous year.

According to Kenya Airways, the biggest challenge for airlines in revenue management is striking a balance between the late booking high yield markets and the early booking low yield markets.

''With this solution in place, Kenya Airways will have the ability to seamlessly maximise on the late high yielding demand but still cater to the early booking traffic whilst remaining competitive,'' Kenya Airways’ chief executive officer Sebastian Mikosz stated.

Mikosz, who will exit the airline by end of this month, said that the solution is part of the airline’s turnaround strategy to keep growing revenues as it continuously improves customers' experience.

According to a new market research report "Revenue Management Market by Solution (Billing and Payment, Price Management, Revenue Assurance and Fraud Management, and Channel Management), Service, Deployment Mode (On-premises and Cloud), Vertical, and Region – Global Forecast to 2024", published by MarketsandMarkets™, the Revenue Management Market size is projected to grow from USD 14.1 billion in 2019 to USD 22.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.The major factors driving the growth of the Revenue Management Market include the rising need for competitive pricing strategies, penetration of mobile devices worldwide, high growth in subscriber base in various regions, and digital transformation to compel Communication Service Providers(CSPs) for integrating revenue management throughout modern systems.Browse and in-depth TOC on “Revenue Management Market” 130 - Tables40 - Figures 160 - Pages    Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264806846By component, the solutions segment to record a larger market size during the forecast periodThe solutions segment consists of billing and payment, price management, revenue assurance and fraud management, channel management where revenue management vendors can provide one-stop, end-to-end solutions for enterprises.

The billing and payment solution comprises intelligent configuration, pricing, and quoting solutions, deal management tender management, order management, and financial accounting.

The channel management solution consists of channel data management, rebate management, and marketing fund management.

The pricing management solution makes use of smart algorithms for data mining and smart pricing algorithms, thus using the information to arrive at better pricing and promotions for enterprises.

The revenue assurance and fraud management solution optimizes enterprise control of the billing chain and ensures billing accuracy to detect even the minutest errors for reducing revenue leaks.By service, the managed services segment to record a higher growth rate during the forecast periodManaged services offer support to businesses through infrastructure management, application configuration management, and business operations management.

It has become difficult for companies to focus on core business processes and support various other functions as well, and therefore managed services have become a high growth segment in the industry.

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The aim of this report Revenue Management Systems Market, This report provides over view of definition, application and manufacturing technology.

The report show the statistical analysis by is cost, capacity, production, production value etc.

Revenue Management Systems Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Revenue Management Systems industry with a focus on the Chinese market.

The report provides key statistics on the market status of the Revenue Management Systems manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Revenue Management Systems market covering all important parameters.

The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Revenue Management Systems industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Revenue Management Systems industry.

September 26, 2018: The 'Global and Chinese Contract Revenue Management Software Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Contract Revenue Management Software industry with a focus on the Chinese market.

The report provides key statistics on the market status of the Contract Revenue Management Software manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology.

Then, the report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2012-2017 market shares for each company.Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-and-chinese-contract-revenue-management-software-industry-2017/request-sample Through the statistical analysis, the report depicts the global and Chinese total market of Contract Revenue Management Software industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2017-2022 market development trends of Contract Revenue Management Software industry.

Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.Click Here For Complete Report @ https://www.radiantinsights.com/research/global-and-chinese-contract-revenue-management-software-industry-2017 In the end, the report makes some important proposals for a new project of Contract Revenue Management Software Industry before evaluating its feasibility.

There should be no doubt about how efficient it could be to invest in Hospital Management Software.Taking the help of automated software or platform to streamline your work would only ensure productivity.Investing in them should no more be a luxury but a necessity.

So that our healthcare providers can solely focus on their respective work, taking care of patients being a priority.There are various Hospital Management software out in the market like Docterz Platform, MocDoc, etc.HMS not only ensures patient satisfaction but with ease and convenience of technology ensures unnecessary pressure is taken off from doctors.

The unwanted work on keeping track of bills can be easily managed by a softwareEase in Appointment: For Doctor’s as well as patients with automated HMSRevenue Management: Track, analyze, and manage all expenses related to healthcare from patient billing to the vendor, pharmacy-related expenses.Data Safely Secured and AccessibleNo More Human Errors: Since the work is automated no scope for unnecessary human errors which is inevitable with manual work.

Tags – dr management software, clinic management software

According to a research report "Revenue Management Market by Solution (Billing and Payment, Price Management, Revenue Assurance and Fraud Management, and Channel Management), Service, Deployment Mode (On-premises and Cloud), Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the revenue management market size is projected to grow from USD 14.1 billion in 2019 to USD 22.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.

The major factors driving the growth of the revenue management market include the rising need for competitive pricing strategies, penetration of mobile devices worldwide, high growth in subscriber base in various regions, and digital transformation to compel Communication Service Providers(CSPs) for integrating revenue management throughout modern systems.Browse 130 market data Tables and 40 Figures spread through 160 Pages and in-depth TOC on "Revenue Management Market - Global Forecast to 2024"Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264806846By component, the solutions segment to record a larger market size during the forecast periodThe solutions segment consists of billing and payment, price management, revenue assurance and fraud management, channel management where revenue management vendors can provide one-stop, end-to-end solutions for enterprises.

The revenue assurance and fraud management solution optimizes enterprise control of the billing chain and ensures billing accuracy to detect even the minutest errors for reducing revenue leaks.By service, the managed services segment to record a higher growth rate during the forecast periodManaged services offer support to businesses through infrastructure management, application configuration management, and business operations management.

It has become difficult for companies to focus on core business processes and support various other functions as well, and therefore managed services have become a high growth segment in the industry.

Managed services provide end users with software configured as per their requirements, offering assistance at every step of the software usage.APAC to record the highest growth during the forecast periodAPAC countries considerably contribute to the growth of the revenue management market.

Japan and India are expected to be the next-high potential preferences for major revenue management vendors due to the presence of major cloud and data center technology companies.Speak to Our Expert Analyst:  https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=264806846Major vendors of include Huawei (China), Amdocs (US) Oracle (US), Netcracker (Japan), CSG (US), Ericsson (Sweden), Cerillion (UK), Mahindra Comviva (India), Optiva (Ireland), SAP (Germany), Accenture (Ireland), Enghousenetworks(Canada), Accelya (India), HQ Revenue (Germany), IDeaS (US), ZuoraREVPRO (2007), R1RCM (US), Workday (US), Fiserv (US), Apttus (US), and Infor (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

The latest trending report Global Revenue Management Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.

The report will assist reader with better understanding and decision making.The global Revenue Management market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 10.2% in the forecast period of 2020 to 2025 and will expected to reach USD 22140 million by 2025, from USD 15010 million in 2019.The Revenue Management market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/33297-revenue-management-market-analysis-reportThe major players covered in Revenue Management are:Geographic Revenue MixHuaweiEricssonAccentureCSG SystemsAmdocsSAPOracleNetcracker TechnologyRedkneeSuntec Business SolutionsBy Type, Revenue Management market has been segmented into:    Risk Management    Pricing and Revenue Forecast Management    Revenue Analytics    Data Management    Channel Revenue ManagementBy Application, Revenue Management has been segmented into:    Aviation    Real Estate & Construction    Media & Entertainment    Telecommunication    Transportation & Logistics    Energy & Utilities    Retail & Wholesale    Manufacturing    Tourism & HospitalityThe report offers in-depth assessment of the growth and other aspects of the Revenue Management market in important countries (regions), including:    North America (United States, Canada and Mexico)    Europe (Germany, France, UK, Russia and Italy)    Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)    South America (Brazil, Argentina, Colombia)    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Revenue Management Market @ https://www.decisiondatabases.com/contact/download-sample-33297There are 14 Chapters to deeply display the global Revenue Management market.1 Revenue Management Market Overview2 Company Profiles3 Global Revenue Management Market Competition, by Players4 Global Revenue Management Market Size by Regions5 North America Revenue Management Revenue by Countries6 Europe Revenue Management Revenue by Countries7 Asia-Pacific Revenue Management Revenue by Countries8 South America Revenue Management Revenue by Countries9 Middle East and Africa Revenue Revenue Management by Countries10 Global Revenue Management Market Segment by Type11 Global Revenue Management Market Segment by Application12 Global Revenue Management Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Revenue Management Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-33297Other Reports by DecisionDatabases.com:Global Marketing Resource Management Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023Global Remote Asset Managements Market 2019 by Company, Regions, Type and Application, Forecast to 2024Global Revenue Cycle Management Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/