Transcript Document
GlobalStar Technology Event New York February 2005 • The search for a common technology platform • Numerous in use: Front Office, Mid Office, Back Office, Reporting, Online Tools & GDS’ • Nirvana = Commonality Outside of the Norm • Two projects that link the partners together outside the scope of everyday operations • That Provide GlobalStar with distinct competitive advantage • And bind the Organisation Two ‘Key Gaps’ Emerged • Ability to share the customer • Ability to share the Purchasing Power Two ‘Key Products’ Emerged • ‘TravelSync’ developed by Ultramar Travel • Award winning ‘TelMe Ticketing Window’ Software Both products needed to be further developed to operate in the Global Marketplace “A week is a long time in politics” “Internet companies age like a dog … after one of our years they are 7 years older” FareStar was launched this time last year … a lot has happened! In the last 12 months … … internet usage has continued to grow … exponentially … a new type of business is emerging … … talked about as Web 2.0 What is Web 2.0? • The next generation of the internet • New business models • Not just existing models put online • As much a philosophy as technology Web 1.0 Web 2.0 • Britannica Online • Wikipedia • Screen Scraping • Web services • Boo.com • Amazon.com Key Characteristics of Web 2.0 • • • • • • Software that improves with more users End of software release cycles Users as co-developers The perpetual beta Software beyond a single device Open structures Web 2.0 in the Travel Industry • Talk to all suppliers • All GDS • Low cost carriers • Viewdata / XML • Integrate with applications in daily use • Share negotiating power • Consortia • Best local deals – delivered globally • Develop a common technology platform FareStar • A classic Web 2.0 application • A software system that constantly improves • The software enables … but content is king FareStar 2006 • Developing Content • Cat 35 • Amadeus • Galileo • SABRE • More Content – Cat 25, Cat 15, Low Cost and Web Fares The FareStar Cycle Outstanding Stronger Fares Negotiating Position Bigger Volumes More Users … it’s down to you • FareStar only works if you commit • GlobalStar have absorbed the bulk of development costs • … so we can prove FareStar by making you a special introductory offer The FareStar Offer • $500 sign up fee (one off) • 5 Euro per booking • First year only The Future • Your competitors are coming … • Other TMC’s are developing their own in house versions of FareStar • You have first mover advantage … for now Thank You