FLYR Labs and 3Victors Form Technology Partnership to Enhance Data-Driven Decisions
Los Angeles, January 27, 2022: FLYR Labs and 3Victors have formed a global technology partnership to provide airlines with even more ultra-relevant, context-rich data sources to inform commercial decision-making.
The collaboration builds on FLYR’s commitment to providing intelligence that creates reliable and actionable demand and revenue forecasts for carriers while enabling automated optimal pricing decisions. 3Victors’ TDaaS (Travel Data analytics as a Service) enhances the machine learning capabilities of FLYR’s Revenue Operating System with new, relevant data that responds to the dynamic operational aviation environment. These industry-specific insights enable more accurate forecasting and pricing outputs to allow airlines to spot and maximize revenue opportunities.
FLYR will use 3Victors’ integrated data to enhance its forecasts for capacity planning simulations and reactivity to competitor schedule changes. Additionally, FLYR’s Cirrus platform will have greater visibility into the success of the automated AI (artificial intelligence) pricing decisions across distribution channels. The partnership will also further accelerate FLYR’s rapid, twelve-week deployment of the Cirrus Revenue Operating System for new airlines partners.
Chris Zando, CEO at 3Victors says: “3Victors is not about just ingesting information. We take relevant data sets that understand the world that airlines operate in and use data science to isolate and curate real-time unique insights that unlock opportunities and drive value for airlines.”
Cole Wrightson, Chief Product Officer at FLYR says: “When we first met the 3Victors team it was clear that there were strong synergies between our companies. Both focus on delivering innovative world-class technology to the travel industry, disrupting the status quo to dramatically improve commercial decision-making for airlines. This is only the start – we are already exploring how else we can improve our AI through further collaboration with 3Victors.”
FLYR and 3Victors both share JetBlue Technology Ventures as an investor, where the relationship between the organizations began.
“At JetBlue Technology Ventures, we serve as a strategic advisor to help our portfolio companies form relationships in the travel industry. It’s great to see 3Victors and FLYR form a partnership because of that activity,” said Amy Burr, the firm’s president.
Experienced in integrating huge amounts of market data at pace, 3Victors’ data is already incorporated into Cirrus and will be available to all FLYR customers.
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About FLYR Labs
FLYR Labs, the pioneer of The Revenue Operating System®, is focused on the relentless application of advanced and intuitive technologies that help transportation leaders unlock their ultimate potential. Its cloud-based software solution leverages deep learning technology, a cutting-edge form of AI, to provide ultra-accurate forecasting and actionable insights within one comprehensive user interface. With FLYR, travel and transportation companies can exponentially improve revenue performance, unify decisions across commercial teams, and build a more efficient experience for their customers.
FLYR Labs is headquartered in Santa Monica with offices in San Francisco, Dallas, Krakow, and Amsterdam.
3Victors is a Travel Big Data company ingesting daily over 500 million worldwide travel searches and 90 billion itineraries in real-time from the world’s largest reservation systems. Providing data analytic solutions specific to customers’ needs with insights into market trends, pricing, and lowest fares. For more information click here: 3victors.com
About JetBlue Ventures
JetBlue Technology Ventures invests in and partners with early-stage startups innovating in the travel, transportation, and hospitality industries. The company prioritizes investments that advance the seamless customer-centric journey; the accommodation experience; next-generation aviation operations and enterprise technology; distribution, loyalty, and revenue management; and sustainable travel. Founded in 2016, JetBlue Technology Ventures is a wholly-owned subsidiary of JetBlue (NASDAQ: JBLU) and is located in Silicon Valley, California. For more information, visit jetblueventures.com.
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