TroopTravel: Growth opportunities in Big Data corporate travel analytics
Spain · Nov 22, 2018· By Emanuela Ferraro
SOUTH SUMMIT 2018
International award-winner TroopTravel wants to be the ultimate choice for global travellers.
The rise of remote-working across the globe has triggered an urgent need for the digital transformation of corporate travel management worldwide. The corporate travel market in 2017 was valued at a whopping US$
The co-founders of TroopTravel are perfect examples of the new tech era of business globalization. Dennis Vilovic is based in Spain and Leonard Cremer is based in South Africa. Both remotely manage a virtual office of three full-time employees and a pool of freelance contractors.
Indeed, the escalating demand for virtual offices, multi-trips and corporate group travel resources are inevitably pushing in-house management systems to near breaking point.
Launched in 2017, TroopTravel is using Big Data and machine learning technology to produce more efficient group travel planning systems, freeing personnel to get on with the real business of making money for their companies.
Tapping into a travel sector that was technologically outdated and inadequate to the needs of modern-day business, TroopTravel has gained international recognition in less than a year. A series of validations and MVP development were conducted after its soft launch in 2017. In early 2018, the alpha platform was officially marketed to the industry, with several multinational clients coming on board. The MNCs have operations in 210 countries with combined revenues of over US$320 billion.
Backed by seed funding from six angel investors and non-equity assistance finance from ENISA, TroopTravel will launch its full commercial product at the London Business Travel Show (BTS) in February 2019.
Edited by Suzanne Soh
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