Pegasus Solutions Ranks in Top 50 on 2010 InformationWeek 500

  • Pegasus Solutions Inc.
  • 09.15.10
Pegasus Solutions announced that it ranked 45 on this year’s InformationWeek 500 – a list of the top technology innovators in the United States.

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 its 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). 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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