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PROS Holdings, Inc. provides AI-powered software for pricing, sales optimization, and revenue management in the B2B market. It serves airlines, manufacturers, and distributors, helping them improve profitability and customer engagement by making pricing and sales decisions smarter. The product is a cloud-based SaaS platform that uses machine learning to enable dynamic pricing, demand forecasting, price optimization, and revenue optimization. Customers license software on a subscription basis and can access ongoing consulting and support services to maximize value from the platform. Compared with competitors, PROS combines advanced AI-driven pricing and sales optimization across multiple industries in a single platform, emphasizing dynamic price execution and revenue management for business buyers. The company’s goal is to help customers sell smarter and buy smarter in the digital economy, driving efficiency and profitability through data-driven pricing and sales processes.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Houston, TX
Founded
1985
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$25M
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Strategic partnership between PROS and IBS Software to deliver combined Offer and Order solution for airlines. IBS Software November 4, 2026 The leaders in Offer and Order Management join forces to give airlines a faster, more profitable path to modern retail success HOUSTON, Nov. 4, 2026 /PRNewswire/ - PROS and IBS Software, two global providers powering modern airline retailing, today announced a strategic partnership. It is designed to help airlines move to modern retailing profitability through a best-in-class, interoperable Offer and Order combined platform. The partnership combines PROS Kairos Offer Management capabilities with IBS Software's iRetail Order Management. Together, PROS and IBS Software provide airlines with a practical alternative to single-vendor retailing suites through pre-engineered integration. The partnership is designed to reduce complexity, accelerate modernization and support airlines through every stage of their journey. The partnership reflects a shared belief that airlines should not be forced to replace their entire commercial technology stack to see early benefits from modern retailing. Airlines can adopt it at their own pace, leverage existing investments, and choose the technology partners that best fit their business requirements. By connecting PROS' Offer Management with IBS Software's Order Management capabilities, the companies enable airlines to create more relevant traveler offers and improve commercial agility. This supports innovation and drives stronger revenue performance. "Airlines want the freedom to modernize on their own terms while improving commercial performance," said Sunil John, Chief Executive Officer at PROS. "Our partnership with IBS Software brings together best-in-class Offer and Order capabilities in an open, interoperable ecosystem, helping airlines accelerate modern retailing, create more relevant traveler offers, and capture greater value across the retailing lifecycle." "Airlines have been asked to choose between a single stack they cannot shape and a modular approach they have to assemble themselves. Our partnership with PROS is designed to change that equation. By bringing together two companies with a shared commitment to customer choice and innovation, we are creating a more open and practical path to modern retailing; one that preserves flexibility, accelerates transformation, and delivers stronger commercial outcomes," said Somit Goyal, Chief Executive Officer, IBS Software. About PROS PROS is the modern airline retailing transformation partner built for airline commercial independence and measurable outcomes. PROS helps airlines create, price, sell, and optimize offers through a unique combination of airline commercial expertise, proven pricing science, AI, intelligent automation, and an open ecosystem. Backed by more than 40 years of industry experience, PROS enables airlines to increase revenue performance, enhance customer experiences, and modernize retailing operations while maintaining flexibility and control. Learn more at pros.com. Media Contact: Bill Florence Senior Manager, Public Relations at PROS +1 (404) 395-3755 [email protected] About IBS Software IBS Software is a leading travel technology company delivering AI-native travel intelligence that enables smarter, faster and more resilient decision-making, with built-in guardrails across aviation, cargo and logistics, and leisure and hospitality. It powers core capabilities for leading travel brands worldwide, spanning airline retailing, passenger services, loyalty, fleet, hub and crew operations, cargo management, and cloud-native platforms for hotels and cruise line operators, and operates from 17 offices globally. Media enquiries: [email protected]. Further information can be found at www.ibsplc.com. Follow LoneStar Times: Blog | LinkedIn | Facebook | Instagram. SOURCE IBS Software Distributed by PR Newswire / Cision.
PROS, a Houston-based provider of commercial intelligence technology, has launched PROS Kairos, an agentic airline retailing platform that combines its pricing science, airline data and AI in a single workspace. Analysts can use natural language to reach data, insights and automation without switching between applications. The workspace adapts to each user's role and permissions. An agent orchestrator coordinates specialised agents through open-source Model Context Protocol connections. PROS is adopting the Databricks Data + AI Platform as the data and AI foundation for Kairos. It lets airlines connect market, behavioural and operational data without moving to a single platform. The launch follows PROS' February 2026 decision to focus exclusively on travel retailing. It plans to extend agents to offer optimisation, dynamic pricing, shopping, group sales and offer marketing. "Standing still is no longer the cautious choice; it is the higher-risk one," said chief executive officer Sunil John.
PROS launches airline retailing platform Kairos, starting with product catalog and inventory tools. PROS has launched PROS Kairos, an airline retailing platform with a shared workspace for pricing, airline data and artificial intelligence (AI). PROS outlined key features of the Kairos platform, including tailored workspaces according to the user's role and an AI assistant that users can communicate with using natural language. The company said Kairos is designed to help airlines minimize manual steps and respond to changes in demand and competition faster. The airline tech provider is initially focusing on two new capabilities, Product Catalog and Stock Keeper, to help airlines with the products they sell and how they manage stock. Kairos doesn't replace existing PROS products, and current agreements won't automatically change, the company said. Existing products will be incorporated into the platform "progressively," but both Product Catalog and Stock Keeper require new commercial agreements. PROS also said that agentic AI is a "foundational capability" throughout Kairos, and it plans to extend agents across airline commerce applications such as revenue management, dynamic pricing, shopping, group sales optimization and offer marketing. "For decades, airline commercial systems evolved slowly. Today, constantly shifting technology and global conditions can change within days, and standing still is no longer the cautious choice; it is the higher-risk one," said Sunil John, CEO of PROS. "We built PROS Kairos around that reality. Airlines need the flexibility to add capabilities quickly without being forced to choose between a fully custom build and a multi-year commitment to a single closed suite." The launch follows PROS' shift to focus exclusively on travel retailing, announced earlier this year. The company was acquired by software investment firm Thoma Bravo in December 2025, valuing PROS at $1.4 billion. PROS is extending its use of Databricks within Kairos, adopting the Databricks Data + AI Platform as the core data and AI foundation.
SriLankan Airlines extends partnership with PROS to advance real-time Offer Marketing. * May 20, 2026 HOUSTON, May 20, 2026 - PROS Holdings, Inc., today announced that SriLankan Airlines has renewed its partnership through a six-year agreement effective January 1, 2026, strengthening the airline's ability to deliver real-time, demand-driven marketing offers and to advance its modern airline retailing and commercial strategy. Through the renewed agreement, SriLankan Airlines will continue to adopt PROS Offer Marketing solutions to modernize its digital shopping and booking experience, improve offer marketing performance, and expand revenue opportunities across its digital retail touchpoints. Sunil John, Chief Executive Officer, PROS, said "SriLankan Airlines continues to demonstrate leadership in digital airline retailing. This long-term renewal reflects our shared commitment to innovation, performance, and unlocking new revenue potential through real-time offer marketing." Yasantha Dissanayake, Acting Chief Executive Officer & Group CFO, SriLankan Airlines, said "Our renewed partnership with PROS supports our strategy to advance modern airline retailing while delivering relevant, responsive offers to today's travelers." As traveler expectations continue to shift toward faster, more seamless, and personalized digital shopping experiences, SriLankan Airlines is advancing its approach to delivering relevant offers across the traveler journey. By leveraging real-time, demand-driven capabilities, the airline can better respond to changing demand and engage high-intent travelers more effectively. The renewed partnership enables SriLankan Airlines to strengthen its commercial performance through real-time, demand-driven market specific dynamic display of fares. By extending these offers across owned and paid digital touchpoints, including applications, paid search, and social media campaigns, the airline can support higher conversion and improve overall digital performance while increasing revenue potential. To support these objectives, SriLankan Airlines is leveraging PROS solutions for the airline industry designed to optimize and distribute offers in real time. These include PROS airTRFX, which automatically generates landing pages with real-time fares based on demand and revenue strategy, PROS airWire for Media (Meta and Google Ads) to display real-time pricing in paid campaigns, PROS airWire for Applications to ensure consistent offers across mobile and web booking channels, and PROS FastSearch to accelerate fare discovery and improve the booking experience by showing travelers the best available fares quickly. Dimuthu Tennakoon, Head of Commercial, SriLankan Airlines, stated "Real-time offer marketing allows us to better align our commercial strategy with customer expectations across every digital touchpoint." Together, these capabilities enable SriLankan Airlines to present consistent, relevant offers throughout the traveler journey while supporting improved commercial performance and a more seamless digital experience. The six-year renewal reflects the strength of the relationship between PROS and SriLankan Airlines and establishes a foundation for continued innovation and growth in airline retailing and commercial performance. About PROS. PROS, Inc. is the leading offer management provider to the airline industry, helping airlines deliver seamless retail experiences designed to maximize revenue and margin growth. Powered by AI, the PROS Platform enables commercial teams to align capacity with demand and coordinate pricing, merchandising and offer strategies to construct and market optimal offers in real time. By optimizing every customer interaction, PROS helps airlines improve revenue performance and quality, increase commercial agility, attract more customers and build lasting loyalty. Learn more at pros.com. About SriLankan Airlines. SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance, is an award-winning airline with a firm reputation as a global leader in service, comfort, safety and reliability. Launched in 1979, the airline's hub is located at Bandaranaike International Airport in Colombo providing convenient connections to its global network (including codeshare partners) of 130 destinations across 63 countries around the world. Its direct route map covers major cities across the Europe, Australia, Middle East, Indian Subcontinent, South East Asia and the Far East. The Airline operates an all-Airbus fleet including a state-of-the-art A330-300 and modern A320/321neo fleet. The latest accolades won by the Airline include, PATA Gold Awards 2023- Marketing Carrier, APEX IFSA Best Inflight Food or Beverage 2024 Award- Sri Lankan Flavours,2023 APEX Passenger Choice Awards(R)-for Best Food & Beverage in Central/Southern Asia and Best Seat Comfort in Central/Southern Asia, Sheikh Mohammed Bin Rashid Al Maktoum (SMBR) Global Aviation Awards-Best Aviation Sustainability Programme (Mathaka upcycling project), World's Leading Airline to the Indian Ocean title for the sixth consecutive time and Asia's Leading Airline to the Indian Ocean title for the fifth consecutive time at World Travel Awards 2021, and PATA Gold Awards 2021-Marketing Carrier. For more information visit www.srilankan.com. Media Contact PROS Press & Media [email protected]
PROS Holdings has appointed Bhaskara Rao Guntreddy as Senior Vice President of Product to lead its airline retail transformation efforts. The move reflects the company's push to advance AI-driven commerce solutions as airlines modernise their retail strategies. Guntreddy previously served as Vice President of Product, Offer Management at Sabre Corporation and held leadership positions at Emirates and Etihad, where he worked on pricing, revenue management and digital commerce. He will oversee product strategy, portfolio direction and innovation at PROS. PROS provides offer management solutions to the airline industry, using AI to help carriers optimise pricing, merchandising and offer strategies. The company aims to help airlines maximise revenue whilst delivering improved customer experiences through dynamic, personalised offers.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Houston, TX
Founded
1985
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs