Power Your Business with PROS AI
In this digital age, your business must deliver fast, tailored and optimized offers for every selling interaction, across all channels. The PROS AI-backed solution enables optimization by providing insights and analytics about market and buyer behaviors and creating offers automatically with the right product mix and price point. Customer experience improves through all sales channels, driving customer satisfaction and loyalty, and in turn increasing your deal sizes.
Let PROS AI arm your business with the insights you need to drive your business forward.
Your Business Challenges that can be Solved with AI
Where exactly can artificial intelligence by applied to power your business? These AI-driven features of the PROS Platform drive growth, revenue, customer experience, and protext against churn. As result of PROS AI, you can improve customer experience through all channels, driving customer satisfaction and loyalty, and increasing deal sizes while reducing customer churn.
Optimizing and Dynamic Pricing
Your pricing strategy must take into account a vast array of factors such as supply chain, market demand, competitor pricing, inflation, customer segment, product combinations, buyer history, product category, warranties, and rebates (among other things). AI can provide dynamic price recommendations to sales teams to best match the specific buying situation and to maximize margin and profit. Check out how we optimize and provide dynamic pricing to our customers with our Smart Pricing Optimization Management package.
Maximize Revenue Across Every Seat, Every Flight, Every Day
Constant uncertainty and demand fluctuations are a big part of doing business in the airline industry. Armed with the right tools and comprehensive capabilities, airlines can tackle continuously evolving marketplace. PROS Revenue Management solutions pack proven, intelligent-driven capabilities to maximize revenue across every seat, every flight, every day. Check out how we maximize revenue across every market with our Airline Revenue Management Software.
Understanding Buying Patterns
Understanding buying patterns and behaviors can help you determine pricing and selling strategies. Using AI, organizations can uncover not only declining, but also gap or inconsistent buying patterns among their customer base. Check out the most powerful and intelligent dynamic pricing platform, helping enterprises drive revenue and profitable growth by delivering more value to customers.
Establishing Product Offerings
Do you have a good understanding of the right products and services to offer at the right time of the year, aligning with stock levels and digital business goals? AI can help develop tailored storefronts to increase visits and incentivize orders. Check out how airlines can regain control of their products to create and distribute flexible offers based on channel or passenger attributes using PROS solutions.
Driving Personalization
Buyers want personalization…but how do you create the right offers without data and analysis? With AI, organizations can create personalized shopping experiences in digital channels and can feature the right products and personalized cross-sell recommendations to customers as they are shopping online. Check out how PROS Dynamic Offers powered by pricing science enables airlines to create, price, and distribute offers dynamically.
Finding Cross- and Up-sell Opportunities
Finding out what buyers could additionally want to buy will help drive growth. AI can help sales teams uncover more customer value by providing them sales reports with insights on cross-sell opportunities. Learn how PROS solutions help companies find expansion opportunities and uncover churn threats.
Awards for PROS Best-in-Class Science
Best AI-based Solution for Sales
AI Breakthrough Awards
2022
Silver Globee for Business Intelligence Innovation
14th Annual Golden Bridge Business and Innovation Awards
2022
Artificial Intelligence Excellence Award for Automated Reasoning
Artificial Intelligence Excellence Awards
2022
The PROS Commitment to Science
Leading the smart science game for more than 30 years
Foundations of the PROS AI Approach
1. Neural Networks
are special non-linear functions inspired by neurons in human brain. We apply a specific architecture to the Neural Network to solve the pricing problems.
2. Deep Learning
inspired by the structure and function of the human brain, uses both structured and unstructured data to train the model.
3. Reinforcement Learning
is based on the concept of rewarding desired behaviors and/or punishing undesired ones. PROS solutions applied Deep Reinforcement Learning to construct good starting control policy for airlines directly from historical data without explicitly forecasting and optimizing.
4. Pricing Optimization
With the objective of optimizing revenue and/or profit, PROS AI-powered pricing management and optimization capabilities allow pricing leaders to deliver customer-specific prices, omnichannel prices, and real-time price delivery across all channels.
5. Demand Forecasting
Accurate demand forecasting is crucial in traditional revenue management solutions. PROS Revenue Management solutions apply Bayesian model to help our customers accurately forecast future demand.
6. Explainable AI
Explainable AI is a set of processes and methods that allows users to understand and trust the results of AI algorithms. PROS solutions include analytics and workflows that help explain what happen inside our AI models.
Meet our Scientists at Conferences
Check out our calendar of conferences where our scientists will present.
Love Numbers? Come Join Our Team!
The PROS Science and Research team is always interested in hearing from talented people. Collaborating with fantastic colleagues is one the best parts about life at PROS.
Want to talk more about how science can power your business? Contact us here.