TYSONS CORNER, Va., June 6, 2016 /PRNewswire/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise software platforms, today announced that Omega World Travel, one of the leading U.S. business travel management companies, is using MicroStrategy to power the company's Omegalytics platform. Omegalytics, developed by the Omega World Travel team on MicroStrategy 10, is used both by Omega's internal analytics team as well as by corporate customers, helping them look at big data to make better decisions, save money, and work with the right airlines, hotel chains, and other travel companies. To learn how Omega World Travel and its clients rely on MicroStrategy, visit: http://www.microstrategy.com/us/learn/blog/june-2016/analytics-aha!-moment-omega-world-travel.
"Every day, millions of people book flights, hotels, rental cars and more, which amounts to a massive amount of big data, and it's up to us to make the most of these opportunities," said Nadim Hajje, Vice President, Information Technology & Data Analytics at Omega World Travel. "There's a lot that our analytics platform can do that no other data discovery tool can come close to doing. At Omega World Travel, our corporate customers can see all of their big data in meaningful ways with MicroStrategy 10 that translates to bottom line savings."
According to the Global Business Travel Association (GBTA), business travel spending is expected to hit nearly $300 billion in 2016. The huge number of flights, hotel rooms, trains, and rental cars booked every year amount to a massive amount of big data. Omega World Travel works with leading brands such as FELD Entertainment® to book their corporate travel in the U.S. and around the world. Omegalytics provides customers with deep, data-based insights into how they are spending their travel dollars.
MicroStrategy's implementation partner, Datastrong, assisted Omega World Travel in building the Omegalytics platform, which is also used internally to enhance productivity and help optimize decisions by Omega World Travel's operational and branch managers. Features include summary dashboards that break out air, rail, hotel, and car data to the traveler level; trend analysis by year, quarter, month, and week; traveler tracking to see where individual travelers stand at any moment; benchmarking against other companies using data provided by Airlines Reporting Corporation; carbon footprint analysis; and predictive analytics to forecast "what if" scenarios and provide the opportunity to change purchasing behaviors or find savings.
"For many organizations, travel represents a huge budget item, so insight into purchasing patterns can have a meaningful impact on company culture and finances," said Michael J. Saylor, CEO, MicroStrategy Incorporated. "Data is now a currency of business, no matter the industry, market, or vertical. With the power of MicroStrategy 10, industry leaders like Omega World Travel can use big data to tackle the cost of travel and more easily make smart, data-driven decisions."
Looking to the future, Omega World Travel is developing a mobile-based app using MicroStrategy Mobile™. This mobile solution will be designed to facilitate better sales, booking, and customer relationships for its travel agents working in various locations. Omegalytics has received industry recognition at Business Travel News' second annual Innovate Conference, where the platform was selected as a finalist for the 2015 Most Innovative Product of Year award.
About Omega World Travel
Omega World Travel is a woman-owned, diversity supplier, and one of the largest travel management companies in the U.S. With worldwide headquarters in Fairfax, VA, Omega serves corporate, government, meeting, and leisure clients throughout the U.S., Europe, and the Middle East. Omega World Travel also owns Cruise.com, one of the largest sellers of cruises on the Internet, TravTech, a software development company, and Omega Meetings and Conference services.
About MicroStrategy Incorporated
Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. The Company's mission is to provide enterprise analytics, mobility and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.
MicroStrategy, MicroStrategy 10, and MicroStrategy Mobile are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
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SOURCE MicroStrategy Incorporated