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(EstateNewsWire.com, April 23, 2018 ) Global Revenue Management System Market Size Status and Forecast 2025
Revenue management is the application of disciplined analytics that predict consumer behavior at the micro-market level and optimize product availability and price to maximize revenue growth. The primary aim of revenue management is selling the right product to the right customer at the right time for the right price and with the right pack. The essence of this discipline is in understanding customers' perception of product value and accurately aligning product prices, placement and availability with each customer segment.
Businesses face important decisions regarding what to sell, when to sell, to whom to sell, and for how much. Revenue management uses data-driven tactics and strategy to answer these questions in order to increase revenue. The discipline of revenue management combines data mining and operations research with strategy, understanding of customer behavior, and partnering with the sales force. Today, the revenue management practitioner must be analytical and detail oriented, yet capable of thinking strategically and managing the relationship with sales.
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Top Manufacturers: Microsoft, IDeaS Revenue Solutions, Amdocs, Comverse, Syniverse Technologiesm , Alcatel-Lucent, Oracle, CSG International, Ericsson, Orga Systems, Redknee, Openet, Hewlett-Packard, Huawei Technologies, NEC/NetCracker, AsiaInfo-Linkage
Market Segment by Regions, regional analysis covers
United States
EU
Japan
China
India
Southeast Asia
Market Segment by Type, covers
On-premise
Cloud
Others
Market Segment by Applications, can be divided into
Personal Finance
Coperate Finance
Others
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Revenue management can provide enormous opportunities to the companies and enterprises via helping them in identifying profitable ways in order to stimulate demand. It is an organized way to rise profits by means of pricing, inventory and other controllable methods in ways that are consistent with higher customer service. Revenue management, also called yield management permits different businesses to optimize product profitability and availability by predicting consumer behaviour and apportioning the right thing to the right consumer at the right price.
Growing customer awareness and increased technological spending in the developing countries is also driving the growth of the revenue management market The major drivers of this market include increasing adoption of cloud-based deployments for revenue management systems across organizations, growing customer awareness and increasing subscription base, and increasing demand for system integration across enterprises. Also, increasing demand for revenue data across organizations and up gradation of legacy systems provides huge opportunities for revenue management solution vendors, service providers, platform providers, and consulting companies.
Table of Content:
Global Revenue Management System Market Size, Status and Forecast 2025
1 Industry Overview of Revenue Management System
2 Global Revenue Management System Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Microsoft
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Revenue Management System Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
3.2 IDeaS Revenue Solutions
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Revenue Management System Revenue (Million USD) (2013-2018)
3.2.5 Recent Developments
4 Global Revenue Management System Market Size by Type and Application (2013-2018)
5 United States Revenue Management System Development Status and Outlook
6 EU Revenue Management System Development Status and Outlook
7 Japan Revenue Management System Development Status and Outlook
8 China Revenue Management System Development Status and Outlook
9 India Revenue Management System Development Status and Outlook
10 Southeast Asia Revenue Management System Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Revenue Management System Market Dynamics
13 Market Effect Factors Analysis
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