Assisted Users with artificial forecasting for post Covid trends
Added Capacity Management module for optimal crewing level or equipment type recommendations
Added System Health monitoring and alerting to proactively assist users
Added Demand Change Manager for Campaign and similar trend modification and future re-use
Added User defined Filters and settings to simplify daily workflow
Enhanced Dashboards and Statistics to allow for more detailed evaluation of trends
Cargo
Saudia selects RTS' Velocity, AcceleRate and Foresight for their revenue management, pricing and revenue planning / sales budgeting automation
IAG Cargo goes live with phase 1 of AcceleRate
AI/ML based mail forecasting models are part of Velocity
United Cargo selects AcceleRate to incorporate dynamic pricing, rating and rate sheet distribution as part of their pricing capabilities
Foresight joins the unified platform along with AcceleRate and Velocity
2021
Passenger
Added Competitive Insight Price Matching, based on business rules and positioning when compared to competitor
Destination Gotland went Live with RTS Velocity
Dynamic Min/Max constraints and various workflow enhancements
Added Departure Types categorization to allow for variety in grouping of departures.
BC Ferries went Live with RTS Velocity
Launched Connexions for sharing system updates an multimedia information with clients
Cargo
Southwest Cargo goes live with AcceleRate phase 2
Delta Cargo selects AcceleRate to automate pricing capabilities
AI / ML based payload forecasting models are now part of Velocity
IAG Cargo selects AcceleRate for price optimization and rate distribution
Business Rules Engine is now part of the AcceleRate rating engine
2020
Passenger
2019.1 Release of Passenger Velocity with Cruise Ferry and usability enhancements
PrecisionAir selects RTS velocity for its Passenger RM and goes live
2020.0 and 2020.1 Releases of Passenger Velocity with significant functionality enhancements for multiple industries
Cargo
Southwest Cargo selects AcceleRate to automate the cargo pricing optimization and Rating Engine
Ethiopian Cargo goes live with AcceleRate and Velocity
Southwest Cargo goes live with AcceleRate
Addition of Analytical Insight into Allotments and Free sale capacity – ‘Know your Flight' feature as part of Velocity
2019
Passenger
Segment Round Trip Optimization for Cruise Ferries released
Ellinair selects RTS Velocity RM solution and goes live
2019 Release of Velocity, including rebranded GUI and usability enhancements rolled out
Cargo
May 2019 – Ethiopian Cargo selects RTS Velocity and RTS Accelerate for automating revenue management and pricing functions
2018
Passenger
2 major European Cruise Ferries sign up for RTS Velocity
P&O Ferries completes upgrade to RTS Velocity
Cargo
March 2018 – Air Canada Cargo selects RTS Foresight solution to automate revenue planning, set revenue targets and sales targets
Automatic sponsorship recommendations for Capacity and Demand Forecasting in Velocity (Air Cargo)
Velocity (Cruise Ferry Freight) upgraded to latest Graphical User Interface along with real time currency exchange capability
Flexible hierarchy for the Rating Engine and a new business rules engine are part of new features in AcceleRate
Global
RTS Product Rebranding takes place:
Revenue Management – Velocity
Scheduling – Compass
Pricing – Accelerate
Revenue Planning – Foresight
2017
RTS enhances the SchedOpt solution to include clean-sheet optimization and evaluation capabilities
Color Line goes live with ProfitOpt functionality of Key Departure Monitoring functionality
BC Ferries chooses ProfitOpt for it's revenue management needs
Bahamasair signs up and goes live with ProfitOpt
Delta Air Lines Cargo selects CargoProfitOpt as its revenue management solution
United goes live with phase 3 of CargoProfitOpt that includes Network Management functionality
P&O Ferries Freight selects RTS consulting for its freight automation strategy
RTS launches Foresight – a schedule optimization, revenue planning and sales budgeting tool for air cargo and cruise ferry freight industries
2016
Marine Atlantic Incorporated goes live with SchedOpt
RTS launches its Origin Destination Revenue Management Solution, ProfitOptOD
Finnair goes live with phase 3 of CargoPriceOpt that includes RFQ/RFP support modules
2015
Fjord Line goes live with ProfitOpt
RTS begins development of the world's first scheduling solution for ferries – SchedOpt with schedule management and schedule optimization capabilities
Marine Atlantic Incorporated signs up for SchedOpt
InterCaribbean Airways selects ProfitOpt
Passenger ProfitOpt and CargoProfitOpt systems are integrated
United goes live phase 1 of CargoProfitOpt that includes the Capacity Management functionality
Finnair goes live with phase 1 of CargoPriceOpt that includes contract rate and general tariff rate recommendations
Brittany Ferries freight division goes live with phase 2 of the CargoProfitOpt that includes booking evaluation, Customer value and waitlist management modules.
Finnair goes live phase 2 of CargoPriceOpt includes spot rate recommendations
United goes live with phase 2 of CargoProfitOpt that includes Allotment Management functionality
2014
Winair upgraded to first ProfitOpt hosted solution
Fjord Line selects ProfitOpt for their revenue management needs
ProfitOpt upgraded with round trip support and dashboards is released to client community
Brittany Ferries selects CargoProfitOpt as the ferry freight management solution, industry's first of its kind.
United Airlines Cargo selects RTS CargoProfitOpt as its revenue management solution.
Cap Gemini selects RTS consulting to assist in development of Cargo Reservations and Operations solution for Southwest Cargo
Finnair Cargo selects RTS CargoPriceOpt as its contract rate and spot rate optimization solution
Brittany Ferries goes live with phase 1 of CargoProfitOpt that includes capacity management functionality
2013
ProfitOpt product upgraded with Competitive Insight and support for Restriction Free pricing
Virgin Atlantic Cargo goes live with phase 2 of the pricing solution, CargoPriceOpt
2012
Cayman Airways goes live with ProfitOpt
Brittany Ferries upgrades from Crest and goes live with ProfitOpt
ProfitOpt product upgraded with rule based exception alerting and mass adjustments
Virgin Atlantic goes live with phase 1 of CargoPriceOpt
Launched Cargo pricing solution RTSCargoPriceOpt, Competitor based revenue management solutions and price sensitive revenue management
2011
RTS adds Virgin Atlantic as Cargo Pricing launch customer and Emirates as Cargo RM launch customer
2008
South African Express goes live with ProfitOpt
Cloud SaaS offering launched with data center in Dallas
2007
Winair goes live with ProfitOpt
South African Airlink upgrades from Optix and goes live with ProfitOpt
Color Line upgrades from Crest and goes live with ProfitOpt
Container Cargo Asset Management Solution developed by RTS
2006
New development center in India to expand IT and BPO service offerings
2005
RTS builds its next generation Revenue Management Solution, ProfitOpt
2004
Container Cargo RM solution by RTS
2000
P&O Ferries goes live with Crest
1999
P&O European signs up for Crest, RTS Revenue Management Solution for Cruise Ferries
RTS expands its reach with the first commercially available RM solution for Rail industry with implementation of Swedish rail
1998
South African Express goes live with Optix, RTS Revenue Management Solution for Airlines
1997
Brittany Ferries goes live with Crest, Revenue Management Solution for Cruise Ferries
1996
South African Airlink goes live with Optix, RTS Revenue Management solution for Airlines
Brittany Ferries signs up for Crest, RTS Revenue Management Solution for Cruise Ferries
SA Airlink signs up for RTS Revenue Management Solution for Airlines
RTS launches windows based solution with state-of-the-art and Mathematics and Graphics technology
1994
RTS expands to Europe with an office in London
1993
Color Line goes live with Crest, RTS Revenue Management solution for Cruise Ferries.
1991
Yield Management Systems (YMS Inc.) a Control Data subsidiary merges with RTS
1987
Revenue Management Technology on MS-DOS pre-cursor to MS Windows
1984
RTS develops hospitality revenue management solution for Hyatt and Marriott
1982
RTS develops the first commercial yield management system for Republic Airlines on mainframe