Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
No
API Access
Has API
No
Integrations
Agilysys Analyze
No
GuestTracker
No
IQware
No
Infor HMS
No
Lodgical Solution
No
MSI CloudPM
No
Mews
No
MyHMS
No
Opera
No
RdpGuard
No
Integrations
Agilysys Analyze
Yes
GuestTracker
Yes
IQware
Yes
Infor HMS
Yes
Lodgical Solution
Yes
MSI CloudPM
Yes
Mews
Yes
MyHMS
Yes
Opera
Yes
RdpGuard
Yes
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
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
Yes
Association Discovery
Yes
Compliance Tracking
Yes
File Management
No
File Storage
Yes
Forecasting
No
Multivariate Analysis
Yes
Regression Analysis
Yes
Statistical Process Control
No
Statistical Simulation
Yes
Survival Analysis
No
Time Series
No
Visualization
Yes
Product Features
Revenue Management
Competitor Analysis
No
Dynamic Pricing
No
For Airlines
No
For Hospitality Industry
No
Forecasting
No
Inventory Control
No
Price Optimization
No
Recommendation Engine
No
Yield Management
No