Noida, India-based RateGain, which has served the hotel industry with a range of technology products for 13 years, is making its first major foray into the airline sector.
Its new product, AirGain, is a SaaS product for airline revenue and pricing managers that promises to bring Big Data intelligence to airline pricing and “redefine how pricing intelligence is gathered and utilized.”
It will analyze air fares for diverse categories and attributes in multiple distribution channels, including mobile apps and meta sites.
AirGain’s goal is to bring clarity to critical business challenges such as inaccurate and delayed pricing; how to price ancillary products, and understanding airline rate parity issues.
AirGain captures pricing data in real-time and presents it in the form of visual insights on airlines’ comparative position, market dynamics, yield per departure and rate disparity alerts.
It will provide airlines with intelligence on their best and worst performing markets, availability across O&Ds and ranking.
RateGain said the new product has a user-friendly interface and workflows. It allows users to define criteria for generating the data and reports they want.
AirGain also integrates well with the top revenue management platforms, the company said.
Based on the Microsoft Azure platform, the solution also is scalable for future data needs and deployments.
RateGain has had one airline customer, Cathay Pacific Airways, for other solutions.
It said AirGain already has signed two contracts with a major European airline.
Its hospitality products include a rate shopper, revenue optimizer, online reputation manager, distribution channel manager and guest feedback survey.