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RMS 3.0 Modeling Server
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In today’s highly competitive markets, it is critical to accurately understand the impact of new price plans on revenues, profits, customers and your competition. It is vital to be able to accurately predict what impact a tariff change or regulation change will have on your business. The RMS 3.0 Modeling Server makes all of this possible. The fully flexible business tool brings pricing analytics to the desktop. Unrivaled modeling capabilities combined with 1 million record per second performance mean that it is now possible to model your own business pricing plans and also those of your competitors as well as those imposed by regulatory changes.
- Industry’s only 3rd generation price modeling solution
- Model new products, services, bundles and discounts based on full volume historical data at unprecedented speed and accuracy.
- Model competitor pricing plans to accurately determine internal pricing strategies
- Anticipate how regulatory changes will hit your bottom line before they become mandatory.
- Model complex cross-product plans to determine the ideal promotions for customer retention
- Give the business user the tools to perform price plan analysis on full event data. Stop sampling and trending in order to generate accurate pricing strategies
Traditional tools are typically static analysis or spreadsheets to model revenue for new or changed services. Real modeling of new services requires granular analysis for usage-based services performed by running pricing scenarios against a test-bed of actual usage events for the defined period. In reality, however, usage-based pricing analysis is severely limited today due to the speed-of- implementation, cost and overhead associated with available pricing modeling and out-sourced managed pricing services.
The RMS 3.0 Modeling Server changes the equation entirely, making usage-based analysis convenient, quick and easy to set up and use. With RMS 3.0 Modeling Server product managers, pricing analysts and other business specialists can develop and run any usage-based pricing models themselves with no programming support across the entire repository of event data or segments as required. This enables them to go from “concept” to pricing analysis rapidly and at no incremental cost or impact to the rest of the organization. Furthermore, RMS 3.0 Modeling Server represents pricing logic in a very compact and transparent way, as desktop spreadsheet logic, so that the implementation requirement for production billing of consumer, corporate or wholesale is exceedingly clear. Putting the pricing modeling activity in the hands of business analysts transforms the landscape.
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