Airlines Reporting Corp. (ARC) and tClara, LLC have announced a partnership aimed at bringing next generation benchmark analytics to corporate travel buyers and travel management companies.
tClara is a joint venture that combines Diio's aviation data skills and Scott Gillespie's industry expertise to offer deeper analytics to the corporate travel industry.
“ARC’s incredibly deep data pool allows us to offer a breakthrough approach to airfare benchmarking,” says Scott Gillespie, tClara’s managing partner. “We’ll provide a powerful new way to gauge how well a buyer’s purchase patterns and contracts have worked.”
ARC’s information repository includes air-ticket itineraries and fares from more than 240 countries, 3,500 airports and 350 airlines worldwide. The data warehouse currently contains more than four billion ticket transactions going back five years.
“Equally important is adding context to the benchmarked savings opportunities. That means showing buyers the implications on supplier quality and Trip Friction scores, tClara’s method for measuring traveler wear and tear,” explained Gillespie. “This moves the industry from having descriptive statistics to getting prescriptive analytics.”
Gillespie will be available at ARC’s booth (#551) during the GBTA Convention 2015 taking place in Orlando, Fla., July 27-29 to discuss the partnership and tClara’s new products.