RealPage Announces AI Revenue Management

Business Wire | February 27, 2020

RealPage Announces AI Revenue Management
RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, today announced the launch of AI Revenue Management, a multi-dimensional revenue optimization solution that executes across price, demand, credit and workforce to increase revenues. Early adopters in our beta program are generating 100-200 bps of incremental yield. “Multidimensional optimization of revenue is the most significant breakthrough in revenue management since the introduction of YieldStar and LRO 15 years ago. Until now we’ve optimized price, however maximum asset performance requires aligning all four pillars of revenue management: Demand, Credit, Workforce and Pricing. The timing is perfect, as markets begin to soften our clients are looking for innovative capabilities to extend their run, and unlocking revenue across the four pillars is the answer.”

Spotlight

THE INSURANCE INDUSTRY’S keen interest in climate change goes back decades. Evan Mills, a climate change researcher at the University of California who specializes in the financial services sector, explains that climate change is a “stress test” for the insurance industry because “insurers abhor unquantified and unpriced risks, as well as market distortions” introduced by public policy makers. For many insurance products, including property and business continuity insurance, climate change upends the notion that experience is a good predictor of future losses. Climate change’s destabilizing effects are also likely to increase the political pressure on governments to intervene in insurance markets.

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Bell Partners Acquires Dallas Multifamily Community

Bell Partners | December 21, 2021

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REAL ESTATE INVESTMENT

Axylyum Charter Joins The American Association of Private Lenders

Axylyum | September 13, 2021

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REAL ESTATE TECHNOLOGY

Embrace Home Loans Partners with Long Island Keller Williams Offices

Embrace Home Loans | December 03, 2021

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Spotlight

THE INSURANCE INDUSTRY’S keen interest in climate change goes back decades. Evan Mills, a climate change researcher at the University of California who specializes in the financial services sector, explains that climate change is a “stress test” for the insurance industry because “insurers abhor unquantified and unpriced risks, as well as market distortions” introduced by public policy makers. For many insurance products, including property and business continuity insurance, climate change upends the notion that experience is a good predictor of future losses. Climate change’s destabilizing effects are also likely to increase the political pressure on governments to intervene in insurance markets.