Saturday, November 27, 2010

Top hotel management company

Pegasus Solutions today
announced that it ranked 45
on this year’s
InformationWeek 500 – a list
of the top technology
innovators in the U.S. The
annual list was revealed last
night at a gala awards
ceremony at the exclusive
InformationWeek 500
Conference taking place at
the St. Regis Monarch Beach
Resort, Dana Point, Calif.
This year marked Pegasus’
debut on the list, and follows
the company being
recognized by two other
technology media giants. In
late 2009, InfoWorld named
the company’s next
generation central reservation
system (CRS), RezView® NG,
one of the top 100
technology solutions of the
year. RezView NG was again
recognized in 2010 by CIO in
the CIO 100.
“Pegasus has consistently
been recognized as the global
hospitality technology leader.
However, being recognized as
one of the top 50 companies
on the prestigious
InformationWeek 500 further
validates our contributions in
the technology industry as a
whole,” said Mike Kistner,
chief executive officer of
Pegasus Solutions.
Pegasus entered the awards
for their recent development
of an innovative demand-
filled hotel property
availability cache for the
approximately 90,000 hotels
for which it processes
transactions. The horizontally
distributed in-memory hotel
availability cache sits in-
between the CRSs used by
hotel chains and the online
travel agencies (OTAs), which
hold as much promise as peril
to hoteliers. The Pegasus
availability cache helps hotel
chains in two ways: reducing
the total transaction volume
presented to hotel CRSs, and
reducing the hotel chains’
need to invest in additional
capacity for their reservation
systems. The cache also
benefits OTAs by giving them
faster responses.
“For 22 years, the
InformationWeek 500 has
honored the most innovative
users of business technology,”
said InformationWeek Editor
In Chief Rob Preston. “As we
start to emerge from the
worst recession in decades,
the IT focus is now on driving
growth—new sources of
revenue, new relationships
with customers, even new
business models. This year’s
ranking placed special
emphasis on those companies
and business technology
executives leading that
charge."
InformationWeek identifies
and honors the nation's most
innovative users of
information technology with
its annual 500 listing, and also
tracks the technology,
strategies, investments and
administrative practices of
America’s best-known
companies. Top winners have
included: CME Group,
Conway, National
Semiconductor, Kimberly-
Clark, Hilton Hotels and
Unum. The InformationWeek
500 rankings are unique
among corporate rankings as
it spotlights the power of
innovation in information
technology, rather than
simply identifying the biggest
IT spenders.

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