JDA Software and QL2 sign agreement

JDA Software Group has signed an agreement with QL2 Software. The two companies will work on competitor intelligence-driven revenue management solutions.

The development follows Carlson Hotels Worldwide choosing the two companies as the major technology partners for Carlson’s SNAP (Stay Night Automated Pricing) project. 

Carlson’s SNAP initiative is built on the use of QL2’s current market intelligence data, which is integrated into JDA Travel Price Optimiser, resulting in optimised nightly room rates.

This tie-up will enable companies to address the next level in price optimisation that factors real-time competitive pricing intelligence into the rate optimisation process for more effective revenue generation, said Andy Archer, JDA’s group vice president, service industries.

Under terms of the teaming agreement, JDA and QL2 will work together to bring new pricing capabilities to their respective clients – many of which are already customers of both companies. 

“Passenger rail is a natural extension for this new capability but we see enormous potential for this approach in other sectors that we serve, including the rental car, airline leisure travel and retail industries – all of which face intense competitive pressure,” said Archer.