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JDAS Jda Software Grp., Inc. (MM)

45.18
0.00 (0.00%)
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Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Jda Software Grp., Inc. (MM) NASDAQ:JDAS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 45.18 0 01:00:00

French Rail Operator iDTGV Selects JDA Software to Improve Competitive Pricing Strategies for Online Ticket Sales

07/12/2009 1:00pm

Business Wire


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JDA® Software Group, Inc. (Nasdaq: JDAS) today announced that high-speed rail operator iDTGV is implementing JDA’s Price Sensitive Revenue Management (PSRM) solutions to improve its competitive pricing strategies, increase ticket sales and grow market share. A subsidiary of the French national railway operator SNCF, iDTGV will use JDA® Travel Price Optimizer, JDA® Rail Revenue Optimizer and JDA® Demand to help generate the most profitable fares at any given time, accounting for factors such as price-sensitivity, demand from different markets for the same train, as well as competitive activity.

iDTGV sells tickets exclusively online for its passenger trains that connect Paris with destinations in the south of France. The company expects that JDA’s PRSM solutions will help it outdistance the competition by optimally positioning ticket prices relative to other rail services, as well as national and budget airlines.

“We needed a smarter, more dynamic revenue management approach that streamlines and automates our processes to better keep up with our customers’ increased demand and changing buying behaviors,” said Maria Harti, general manager, iDTGV. “With JDA’s PSRM solutions, we can help ensure our fares are competitively priced to help increase passenger-carrying capacity on certain routes that are popular by plane. Over the next 18 months we expect to meet our objective of selling up to 8 million seats from as little as 19 euros per one-way trip with the support of JDA.”

According to Andy Archer, JDA’s group vice president, revenue management, iDTGV is among the long-distance, high-speed rail companies that are raising the bar in the global travel industry by adopting JDA’s highly sophisticated revenue management techniques, which are proven to help deliver 1 to 5 percent improvements in revenue.

“Unlike traditional revenue management approaches, which assume that prices remain constant, JDA’s next-generation PSRM technology enables businesses to operate in a more dynamic pricing environment to select the most profitable price at any given time for any particular service,” Archer said. “We look forward to helping iDTGV increase profitability and extend market leadership by accelerating its response to changes in demand and supply.”

iDTGV will complete the JDA PSRM implementation in early 2010. For more information, visit www.jda.com/revenuemanagement.

About iDTGV & Co.

Discover a different way to travel with iDTGV, a high-speed passenger rail operator and subsidiary of SNCF. iDTGV allows passengers to take full advantage of their journey in the environment of their choice. With 100 percent booking online, iDTGV offers three different travel concepts to and from Paris: iDZen, iDZap and iDNIGHT. The attractive prices, with no special conditions, make it possible for everyone to travel onboard iDTGV at a low cost. All single trips to every iDTGV destination start at 19 euros. Reservations are open at least four months in advance and up to six months in the summer, giving passengers time to prepare their journeys at www.idtgv.com.

About JDA Software Services Industries Group

JDA Services Industries Group helps companies in the travel, transportation, hospitality and media industries balance supply and demand through innovative forecasting, pricing and revenue management solutions. The result is a dramatic increase in revenue, margin and efficiency. JDA clients include Carlson Worldwide, Continental Airlines & Cargo, Harrah’s Entertainment, Omni Hotels, Princess Cruise Lines, Eurostar and TUI Travel (formerly Thomson Holidays).

About JDA Software Group, Inc.

JDA® Software Group, Inc. (NASDAQ: JDAS) is the world’s leading supply chain solutions provider, helping companies optimize operations and improve profitability. JDA drives business efficiency for its global customer base of more than 5,800 retailers, manufacturers, wholesaler-distributors and services industries companies through deep domain expertise and innovative solutions. JDA's combination of unmatched services, together with its integrated yet modular solutions for merchandising, supply chain planning and execution and revenue management, leverage the strong heritage and knowledge capital of market leaders including Manugistics, E3, Intactix and Arthur. When supply chain results matter, companies turn to JDA. For more information about JDA, visit www.jda.com or contact us at info@jda.com or call +1.800.479.7382/ +1.480.308.3000.

This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “will,” “can,” “ensure,” “help,” “enable” and “expect” and other words with such forward-looking connotations including, without limitation, Mr. Archer’s remarks that JDA’s solutions can help customers increase revenues and profits and expand market share. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to: (a) our solutions may not perform exactly as we anticipate; (b) there may be implementation and integration problems associated with our solutions; and (c) other risks detailed from time to time in the “Risk Factors” section of our filings with the Securities and Exchange Commission. Additional information relating to the uncertainty affecting our business is contained in our filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.

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