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Average Ratings 0 Ratings

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ease
features
design
support

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Description

The QMSys GUM Software is designed for assessing the uncertainty inherent in physical measurements, chemical analyses, and calibration processes. It employs three distinct methodologies to compute measurement uncertainty. The first, GUF Method for linear models, targets linear and quasi-linear models, aligning with the GUM Uncertainty Framework. This approach calculates partial derivatives, representing the initial terms of a Taylor series, to ascertain sensitivity coefficients for the equivalent linear model, followed by the determination of combined standard uncertainty using the Gaussian error propagation law. The second, GUF Method for nonlinear models, caters to nonlinear models where results exhibit symmetric distribution. This method incorporates various numerical techniques, including nonlinear sensitivity analysis and higher-order sensitivity indices, as well as quasi-Monte Carlo simulations utilizing Sobol sequences. With its multifaceted approach, the software provides comprehensive tools for uncertainty analysis across different measurement contexts.

Description

Wave combines cutting-edge AI with a personal touch, enabling modern revenue managers to escape the confines of traditional 'black box' revenue management systems. This innovative platform offers an unprecedented level of ease and control not typically available in existing RMS solutions. With its distinctive strategy builder tool, Wave equips revenue managers with customizable AI models tailored to their hotel's specific strategy, enhancing transparency in pricing suggestions and allowing hoteliers to focus on managing their establishments effectively. Additionally, Wave caters to those hotels that may not currently utilize an RMS but require a robust revenue management framework. It is designed for hotels of all sizes that struggle with the capacity and resources needed to analyze and act on their data effectively. Furthermore, the system automates demand forecasting through non-linear calculations, improving price elasticity assessments and promoting smarter decision-making in revenue strategies. Ultimately, Wave empowers hotels to optimize their revenue management processes like never before.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Agilysys Analyze
Agilysys Visual One
Execu/Suite
IQware
Infor HMS
Lodgical Solution
Mews
MyHMS
Opera
Rezlynx
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Summer.fi
Triptease
WebRezPro
mycloud PMS
protel MICE
roommaster

Integrations

Agilysys Analyze
Agilysys Visual One
Execu/Suite
IQware
Infor HMS
Lodgical Solution
Mews
MyHMS
Opera
Rezlynx
SkyTouch Hotel OS
SkyWare PMS
Stayntouch PMS
Summer.fi
Triptease
WebRezPro
mycloud PMS
protel MICE
roommaster

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Qualisyst

Founded

1994

Country

Bulgaria

Website

www.qsyst.com/qualisyst_en.htm

Vendor Details

Company Name

SHR

Founded

1987

Country

United States

Website

shr.global/wave-revenue-management-system/

Product Features

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

Product Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

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