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features
design
support

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Write a Review

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 

Screenshots View All

Screenshots View All

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 
Rezlynx No 
RoomKeyPMS No 
Stayntouch PMS No 
Summer.fi No 
Triptease No 
WebRezPro No 
protel MICE No 
roommaster 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 
Rezlynx Yes 
RoomKeyPMS Yes 
Stayntouch PMS Yes 
Summer.fi Yes 
Triptease Yes 
WebRezPro Yes 
protel MICE Yes 
roommaster 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 

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