Eurostar Chooses Wiremind’s CAYZN for AI-Powered Revenue Management

Sruthi Kolukuluri

24 June 2024

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We are thrilled to announce that Eurostar has chosen to implement our market-leading Revenue Management Solution, CAYZN. We’ve recently signed a 5-year partnership contract with Eurostar, which will run until 2029.

Having Eurostar on board strengthens our footprint in Europe and expands our CAYZN client base to include this pan-European rail champion. We are scheduled to begin the implementation of CAYZN at Eurostar soon, with the official go-live planned for Q1 2025.

Eurostar’s decision to adopt CAYZN proves our success in improving revenues for multiple railway operators, including SNCF, DSB, MTRX, VR, and others. Currently, CAYZN optimizes prices and routes for an annual 250 million passengers, a number which will increase with Eurostar’s addition.

François Le Doze, Chief Commercial Officer of Eurostar, expressed confidence in our solution, stating, “We place our trust in this intelligent digital solution to ensure that our customers are offered the best options at the best rates and on routes that maximize our efficiency, profitability, and – in the long term – our sustainability and support our growth ambitions.”

Modernizing Revenue Management at Eurostar

Through this collaboration, Eurostar aims to modernize its revenue management operations, leveraging our advanced AI models to identify new revenue opportunities and improve load factors.

“We are incredibly proud to count such a major operator like Eurostar as our customer. This partnership is a significant step forward for Wiremind, expanding our presence in Europe. CAYZN remains one of the most advanced Revenue Management Solutions available to the rail industry, and we are continuously improving our AI-based models to ensure optimal revenue and load factor optimization for our customers. Our ambition is to be the world leader in revenue management for passenger transportation, and the addition of Eurostar to our client base is a major milestone on this journey,” says Colin Girault-Matz, CEO of Wiremind.

At present, CAYZN optimizes around €12 billion in revenue, assisting with 640,000 pricing decisions per day. We look forward to a successful partnership with Eurostar, helping them connect Europe and increase their overall traffic.

Designed by industry experts, CAYZN is an intuitive, AI-powered Revenue Management Solution that streamlines the process of managing capacity and pricing for revenue optimization. CAYZN offers a user-friendly interface with a modern UI and workflow standards to facilitate analysis and revenue-making decisions. Our Business Rules Engine empowers users to automate repetitive tasks and manage numerous variables with ease. By leveraging cutting-edge operational research and Machine Learning, CAYZN delivers a real-time forecasting and optimization pipeline that can handle thousands of departures, helping users find the optimal price path that maximizes revenues and load factor.

We are excited about this new chapter and are confident that our partnership with Eurostar will drive substantial growth and success for both of us.

Want to discover CAYZN? Reach out to us at [email protected] for a demo from our CAYZN experts