Egencia launches new analytics studio to help tell the story of travel programme performance

Global travel management company Egencia has launched its Egencia Analytics Studio, a new data visualisation and analytics platform designed for corporate travel managers. The platform allows travel managers to explore data visually, discover hidden insights, identify new sources of savings and optimise spend across all travel categories, whether by air, train and car or with hotel accommodation.


Summary:

  • Egencia launches new data visualisation and analytics platform designed for corporate travel managers;
  • New Egencia Analytics Studio allows travel managers to explore data visually, discover hidden insights, identify new sources of savings and optimise spend across travel channels;
  • Product aims to deliver a consolidated view of this complex data through visual renderings and customisable widgets, with various angles and filters;
  • Last month Egencia added global WiFi access to its Egencia Advantage offering, helping travellers stay connected wherever their work takes them.

Being data-driven is a key component of any modern business strategy as it stays relevant and remain, but Egencia notes that most current travel management company reporting systems require travel managers to spend hours searching through multiple files to merge rows of offline and online data to obtain actionable insights, often requiring support from data specialists.

“We live in a world where data is everywhere, but it’s only useful when you can turn data into actionable insights,” says Alex Kaluzny, chief technology officer at Egencia. Its new Egencia Analytics Studio aims to deliver a consolidated view of this complex data through visual renderings and customisable widgets, with various angles and filters, such as the ability to visualise the impact of advance purchase in correlation with policy and travel typology (international, domestic, transborder, etc.).

“Understanding the data and using it to make decisions that benefit your business is just the beginning – we continue to evolve the Egencia Analytics Studio to bring the power of predictive analytics to our customers,” adds Mr Kaluzny, suggesting additional developments to the platform are already being studied.

Egencia says the platform allows travel managers to now create “compelling reports to share with the organisation’s finance, procurement and human resources departments”. It means that armed with information to help them answer questions quickly and precisely, travel managers “are able to increase their impact to their company”.

The new data visualisation is the latest development Egencia has delivered to enhance the business travel sector for travel managers. Last month it also added global WiFi access to its Egencia Advantage offering, helping travellers stay connected wherever their work takes them and becoming the first TMC to offer travellers secure, reliable WiFi service through trusted providers.

Being able to keep up with work duties is a top priority for most business travellers, according to a recent Egencia business traveller survey, while staying connected to family while on the road is also a priority, whether by frequent texts, messaging software or face-to-face conversations. This new offering provides business travellers WiFi from more than 300 mobile carriers and Internet Service Providers across more than 120 countries –  all of which are more secure and more reliable than free airport or other public hotspot offerings.