Cornerstone Information Systems has acquired Topaz International, a corporate travel auditing and benchmarking firm that works directly with travel buyers.
Amadeus and Travelport have long provided systems that facilitate the distribution of travel content on a global basis. Yet, each has distanced itself from the "global distribution system" tag and all the baggage that comes with it.
Agency Technology president Lee Brubaker and Cornerstone Information Systems CEO Mat Orrego respond to a guest column by AmTrav president Craig Fichtelberg, who argued that an over-reliance on third-party technology inhibits travel management company innovation.
Rock Blanco created the iBank data reporting tool and in 2000 sold it to Cornerstone Information Systems. Cornerstone this week unveiled one of his latest toys, an iBank business intelligence and scoring platform.
A few years ago, when Gant Travel Management emerged as an early backer of Concur's TripLink program, CEO Patrick Linnihan stated that his goal was to be "the world's best TMC for the Concur Travel and Expense user." Linnihan discussed how Gant's commitment to Concur factored into a change in ownership and agency-network affiliation, a newly installed mid office system and executive appointments.
Cornerstone Information Systems last month hired Rock Blanco as vice president for product innovation and marketing. He'll help the firm with current solutions as well as new versions of key products slated for release this summer.
If you read the trade presses, the business travel sector is outdated, inefficient and ripe for change. Whether the topic is "open bookings" or creating a "one size fits all" standard for data, there remain many unanswered questions as to who the "winners" and "losers" might be when it comes to managing business travel.
The readers of The Beat chose tClara managing partner Scott Gillespie to deliver a keynote address at The Beat Live, taking place at the InterContinental Chicago Magnificent Mile from Oct. 18 to 20.
The Beat Live is one month away. Register now to join other industry influencers at the InterContinental Chicago Magnificent Mile from Oct. 18 to 20.