Networking
Security
Telco/ISP
Storage
Hardware
Software
Oddware
Strategy
Finance
Training & Development
Login
|
Join iTnews
|
Sitemap
|
RSS
Reviews
|
Galleries
|
Events
|
Net Seminars
|
Whitepapers
|
Downloads
|
Newsletter
Home
>
News
>
Technology
>
Software
>
SAS acquires SaaS firm IDeaS
Software
SAS acquires SaaS firm IDeaS
Related Articles
Server revenue tumbles as recession deepens
Twitter plans new revenue model
Opinion: Support your IT ideas with action
Telstra targets PSTN revenue revival as usage drops
Breaking Stories
Enex net filter lab contract up for grabs
CSIRO sells search engine
Quantum encrypted networks coming soon to business
Australian code for US Coast Guard cutters
Huawei considers Australian 4G lab
By
Ry Crozier
Aug 5, 2008 11:33 AM
Tags:
BI
|
analytics
|
revenue
|
hospitality
|
Ideas
It’s 'business-as-usual' for IDeaS in Australia despite acquisition by BI and analytics vendor SAS.
BI and analytics software provider SAS has acquired IDeaS, a company that develops revenue management software for the travel and hospitality industry.
The acquisition will have a 'significant local impact' for SAS in the Australian market, according to Camille Coles, Regional Marketing Manager for SAS Asia Pacific.
“We’re already embedded in the hospitality and travel sector locally, and have some customers we have worked on [with IDeaS],” said Coles.
“We’re very excited to add revenue management capabilities to the SAS offering. This is an opportunity for both SAS and IDeaS to grow and further embed ourselves into this industry.”
IDeaS is now a wholly-owned subsidiary of SAS but will continue operating under its current management, according to Grahame Tate, Managing Director for Asia Pacific at IDeaS.
“Our operations in Australia remain the same,” Tate confirmed to iTnews this morning.
“We’ve been looking to grow our business within hospitality and also outside of that into other vertical markets, and the acquisition by SAS enables us to do that.”
IDeaS currently has six sales and support staff based at Lindfield, near Sydney.
In a statement, SAS said that “IDeaS will continue to prioritise the hospitality industry. Its solutions, combined with leading-edge SAS capabilities like forecasting, optimisation and statistics, will also extend to other industries outside of travel, hospitality and retail.”
Price- and revenue-optimisation solution providers such as IDeaS are said to have grown from airline industry deregulation, when carriers sought to maximise profitability in a newly competitive industry.
The revenue management discipline (also called yield management) now permeates hospitality and travel sectors, taking limited, perishable resources, predicting consumer behaviour and adjusting pricing to maximise profit.
Email this
Print this
Tweet this
Send us your tips
Comments
Be the first to comment on this article.
Thoughts on this article? Add a comment below.
Comment:
Want to participate in the discussion?
Register for FREE
Or
log in
now to comment
Ads by Google
Top Stories
Conroy opens NBNCo regulation debate
Part two of the regulatory reforms paper.
Utilities wise up to smart grids
Power to the people?
Sydney Water turned off wrong pipe
Admits error with Macquarie Telecom data centre.
Leak: Vodafone customers protest poor network
Conroy reveals six regional backhaul winners
ISPs test Basslink cable
Macquarie data centre loses water supply
Microsoft gives TechEd delegates Windows 7 netbook
Macquarie data centre loses water supply
Developers get paid for Grocery Choice
Apple agrees to industry standard mobile phone charger
Unwired sees more smartphones using free WiFi
Analysis: Cybercrime spreads on Facebook
Spotlight
the topics we're following
Cloud computing
Internet Filtering
NBN
Data Centre strategy
Virtualisation
Latest Comments
"I turn bluetooth off on my mobile to save the battery. Looks like now I've got another reason. "
on
Bluetooth "Big Brother" tracks festival-goers
by
Slatts
Jul 4, 2009 1:09 PM
"I'm kind of assuming that the water was used in water cooled condensers for the air-conditioning...."
on
Macquarie data centre loses water supply
by
Slatts
Jul 2, 2009 8:54 PM
"Why do we have to listen to Nick Minchin's comments? He is just about irrelevant in his opinions ..."
on
Conroy reveals six regional backhaul winners
by
ngo
Jul 2, 2009 8:35 PM
" It's not very surprising that the Chinese junta still wants to impose the 'Green Dam - Youth ..."
on
China paper says Web filter only a matter of time
by
anonymous
Jul 2, 2009 3:49 PM
"I would suggest for anyone wanting to join in the BOINC projects such as SETI@home, World ..."
on
Five things your CPU can do when it's idle
by
wolfgang8741
Jul 2, 2009 5:37 AM
Polls
What will you do when your iPhone contract comes up for renewal?
Retain my current service provider
Switch to a cheaper plan
Switch to a better network
Switch to whoever offers free tethering
Change handset altogether
|
View results
Retain my current service provider
11%
Switch to a cheaper plan
18%
Switch to a better network
17%
Switch to whoever offers free tethering
18%
Change handset altogether
36%
TOTAL VOTES: 192
Vote
view previous polls »
Popular Tags
acquisition
analytics
broadband
business
cent
decline
google
hospitality
ideas
intelligence
per
project
quarter
retail
revenue
site
twitter
video
virtualisation
vmware