(MENAFN Editorial) We are pleased to announce that Marine Atlantic Incorporated (MAI), a ferry operator based in Canada has gone live with SchedOpt in April 2016. SchedOpt is the first commercially available Ferry scheduling solution incorporating sophisticated demand forecasting and schedule optimization algorithms to optimally allocate ships to routes after considering a number of operational scheduling parameters using a business rules engine. The solution considers key operational constraints such as capacities, dock times, co-docking constraints, and maintenance requirements. It provides the capability to optimally generate schedules by season, week, or for the entire year and allows editing/what-if analysis of schedules by the users.
Apart from adding to our growing family of cruise ferry clients, this additionally adds another product to RTS' list of revenue enhancing solutions for the transportation industry.
This also further provides impetus to RTS in providing both strategic and tactical solutions aimed at optimizing revenues and improving cost efficiencies. The SchedOpt solution may be hosted by RTS or locally installed, and provides the necessary interfaces for incorporating existing schedule data as well as distributing schedules both internally and externally where required.
Jason Codd, Vice President Services at RTS commented"With this expansion into a new product line for the industry, working with the Marine Atlantic team to ensure the solution fully meets their needs was a pleasure. Each implementation carries its own set of operational requirements, and we are glad to have worked through the process with the team to provide a solution which will provide intuitive strategic capabilities for true demand based scheduling. We are pleased to welcome Marine Atlantic to our family, and look forward to working with them for years to come.
Pradeep Bandla, Vice President of Passenger solutions for Revenue Technology Services chimed in, 'RTS chose to invest in building a scheduling solution for cruise ferries with the firm belief that it would provide compelling value for the Ferry industry. That belief was vindicated with MAI choosing and going live with SchedOpt. We are confident that the demand forecasting and optimization models in SchedOpt coupled with a flexible business rules engine and comprehensive reporting capabilities will provide significant value to MAI in the future. We would also like to acknowledge the invaluable input from MAI to ensure our solution catered to all the scheduling business challenges faced by ferry operators.
About Marine Atlantic
Marine Atlantic's mission is to provide a safe, environmentally responsible, and quality ferry service between the Island of Newfoundland and the Province of Nova Scotia in a reliable, courteous and cost-effective manner. To that end, the Corporation provides ferry services on two routes. The first is a year-round, 96 nautical mile daily ferry service between Port aux Basques, Newfoundland and Labrador and North Sydney, Nova Scotia. The second, offered from mid-June until late September, is a 280 nautical mile tri-weekly ferry service between Argentia, Newfoundland and Labrador and North Sydney, Nova Scotia.
For additional information, please visithttp://www.marineatlantic.ca