e-Travel Gears Up for One Million Managed Corporate Travel Transactions in 2001 Expands; Capabilities to Support Growth to Record Industry Transaction Rate.Business/Technology Editors WALTHAM Waltham (wôl`thăm, –thəm), city (1990 pop. 57,878), Middlesex co., E Mass., a suburb of Boston, on the Charles River; settled c.1634, set off from Watertown 1738, inc. as a city 1884. , Mass.--(BUSINESS WIRE)--Jan. 22, 2001 e-Travel, Inc., the leading provider of comprehensive and integrated e-business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. solutions for Enterprise Travel Management (ETM (database) ETM - An active DBMS from the University of Karlsruhe. ), is expanding its service capabilities to support one million managed online corporate travel transactions, or complete business trips, during 2001. During the fourth quarter of 2000, e-Travel invested more than $2 million in service bureau facilities and equipment, and has significantly grown its IT, support and account management staff to accommodate this growth. Expected transaction volume increases are due to a rapidly expanding customer base and the growing trend of corporations to mandate self-service travel reservations. New customers added in recent months include Ameritrade, Ericsson Er·ics·son , John 1803-1889. American engineer and inventor who built the first ironclad warship, the Monitor (1862), which engaged the Confederate Merrimack in a famous naval battle of the Civil War (March 9, 1862). and Quaker Oats. Also adding to transaction volume is the mandate that -Travel's parent company, Oracle, will be putting in place during the next several months. "As e-Travel surges toward one million transactions, we are installing a foundation to support this growth," said Scott Gutz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of e-Travel, Inc. "Our recent investments in service bureau capacity and account management personnel allow us to meet increasing demand for our services, now and in the future." e-Travel's investment in service bureau hardware and software significantly expands the existing information technology infrastructure the company uses to service its corporate customers. As an application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ), e-Travel maintains professionally managed data centers, 24 hours a day, seven days a week, that provide comprehensive physical environments capable of maintaining consistently high levels of performance, reliability, security and scalability. e-Travel Service Bureau facilities also support redundant subsystems, including multiple fiber trunks, fully redundant power systems and multiple backup generators. In addition to significant technology infrastructure investments, e-Travel has expanded its account management staff to support the growing base of customers. e-Travel uniquely provides extensive and dedicated account management resources that its corporate customers can leverage to maximize their return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ). e-Travel Account Managers work with corporate customers to develop and implement comprehensive communications and rollout strategies for e-Travel solutions. After implementation, Account Managers work with customers to monitor adoption levels and to evaluate ongoing progress toward program objectives. As e-Travel releases new capabilities and functions, Account Managers educate corporate customers and their travelers on new features and the benefits they provide. e-Travel transactions comprise all segments of a complete business trip, such as air, car and hotel, as elements of a single online managed corporate travel booking. e-Travel transactions do not include leisure travel or unmanaged business travel. About e-Travel, Inc. e-Travel Inc., a subsidiary of Oracle Corp., provides Enterprise Travel Management (ETM) solutions. ETM includes direct links-a technology exclusive to e-Travel-between buyers and suppliers, integration with corporations' existing IT infrastructure, and support for comprehensive Internet-based travel management. e-Travel partners include American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , Delta Air Lines, Continental Airlines, The Hertz hertz (hûrts) [for Heinrich R. Hertz], abbr. Hz, unit of frequency, equal to 1 cycle per second. The term is combined with metric prefixes to denote multiple units such as the kilohertz (1,000 Hz), megahertz (1,000,000 Hz), and gigahertz Corporation, National Car Rental, StarCite, SatoTravel, and Pegasus Solutions, which represents over 150 hotel chains worldwide. e-Travel's ETM suite is used by major global corporations, including Ingersoll-Rand Corp., The Philip Morris Management Corporation, and Joseph E. Seagram Joseph Emm Seagram (April 15, 1841 - August 18, 1919) was a Canadian distillery founder, politician, philanthropist, and major owner of thoroughbred racehorses. Born at Fisher's Mills, now part of Cambridge, Ontario, his parents died when he was in his teens and for several and Sons, Ltd. e-Travel is on the World Wide Web at www.e-travel.com. e-Travel(R) is a registered trademark of e-Travel, Inc. All other trademarks and service marks belong to their respective companies. |
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