What are Benefits of Utilizing a Travel technology partner - PowerPoint PPT Presentation

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What are Benefits of Utilizing a Travel technology partner

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The most significant benefit of using a travel technology company for your software development requirements is expertise in the travel domain. As travel technology companies build solutions solely for the travel industry, they usually have far more specialized domain knowledge than companies that work with clients in many domains. – PowerPoint PPT presentation

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Title: What are Benefits of Utilizing a Travel technology partner


1
What are Benefits of Utilizing a Travel
technology partner
2
  • If you are looking for a solution for your online
    travel business, you typically have three
    choices
  • Build it in-house
  • Outsource it to a services-based IT organization
  • Outsource it to a travel technology company
  • You can utilize the first option only if you have
    an in-house tech team. It might be a challenging
    project even then, depending on the type of
    application/solution youre looking to develop.
    Your in-house team is likely to require the
    skills expertise required to plan and build a
    solution that can meet whats available from
    specialized vendors out there in terms of quality
    features. If you hire external consultants to
    assist your team, its going to be costly. So
    unless you are a very healthy organization, this
    choice isnt viable.
  • As far as the second choice is concerned, while
    it is a more viable option, it has its own set of
    difficulties. E.g. a generalist IT organization
    that provides to every domain under the sun
    doesnt have in-depth understanding and expertise
    in any domain, including travel. This is okay if
    you have essentials, like a white label
    website/mobile app.
  • However, if you want something more complicated
    like an end-to-end travel e-commerce solution
    with multiple supplier integrations, contracted
    inventory management, business rules management,
    outbound distribution and channel management,
    etc., you are much better off going with a
    trusted travel technology company with a track
    record of achieving these kinds of solutions to a
    broad range of travel companies.

3
Lets look at the significant benefits of working
with a travel technology company
  • Domain Expertise
  • The most significant benefit of using a travel
    technology company for your software development
    requirements is expertise in the travel domain.
    As travel technology companies build solutions
    solely for the travel industry, they usually have
    far more specialized domain knowledge than
    companies that work with clients in many domains.
  • Their team is qualified in industry-specific
    processes they understand the industry
    terminology, how travel companies work, the
    specific requirements and challenges encountered
    by travel businesses of several types and sizes
    in each region etc.
  • They are conscious of the latest trends in online
    travel can consult you on several aspects of it
    to assist you in building your digital strategy
    and achieving your business goals.
  • They can also help you resolve technical hurdles
    you may face when you go online. They can even
    preempt possible issues in various business
    scenarios, which can save you a lot of trouble
    later on.

4
Ready Solutions
  • Another benefit of working with a travel
    technology company is that they have ready-to-use
    solutions for various areas of business covering
  • Internet Booking Engine
  • Global Ticketing Solution
  • XML API Integration
  • Risk Management System
  • Their solutions have been polished based on
    regular market research and data from various
    industry clients.
  • So whatever your needs are, the travel technology
    partner gives you an answer for it.
  • Generalist IT organizations are far less likely
    to have immediately available solutions, and they
    usually develop the solution for you from
    scratch, which can take a few weeks to a few
    months, depending on the scope.
  • Also, you need to spend a lot more time
    explaining what you need as their team wont have
    the same level of product knowledge as those in a
    travel technology company.
  • Having access to quick solutions means shorter
    time-to-market and the ability to combine
    technology into your daily workflow faster to
    keep up with the market's demands.

5
Solutions for various Business Types
  • Travel technology companies have products
    tailored to various business types
  • Travel Agency
  • OTA
  • Tour Operator/DMC
  • TMC
  • Wholesaler
  • Each type of business has particular challenges
    and requires a solution that fits their specific
    needs. So depending on the type of your business,
    a travel technology company can provide you with
    a solution that would satisfy your requirements.
    They can also make customizations for you.

6
Sound Relationships with XML Suppliers
  • If you work with GDSs or NDC suppliers and wish
    to integrate them into your website to sell live
    inventory, a travel technology company is your
    safest bet. This is because they have sound
    relationships with XML API suppliers, having
    operated with them on behalf of their clients for
    several years.
  • They possess a total understanding of the methods
    that are involved in contracting, development and
    certification. Through this experience, they can
    take care of the technological challenges during
    pre or post-integration. Without a travel
    technology company, this can get very difficult
    for clients.
  • Another important thing is that the travel
    technology companies possess extensive supplier
    integration experience that allows them to
    recommend the appropriate suppliers in each
    region to get the best possible inventory for
    their B2C and B2B consumers. Plus, they have
    instant connections for all major XML suppliers
    and can integrate their APIs into your website in
    days.

7
Conclusion
  • As you can see, there are many benefits of
    working with a travel technology company when
    youre looking to advance your business online.
    But how do you judge which company you should
    choose?
  • Let us make that decision easier for you.
  • ClarityTTS is among the worlds leading travel
    technology companies. We have a broad range of
    online travel solutions to help you establish
    your online presence and manage various aspects
    of your business on a single platform. Click here
    to learn more
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