April 30, 2007

Travel 3.0 what is it??

Has been a hectic few weeks and I am proud of Our company and our dedicated collegues for a super achievement. As of March 31st 2007 Iteamic is now SEI CMMi Level 3 Certified. There has been a lot of other things that have kep me busy and away from my blog. I could not restrain myself from writing on Travel 3.0 and what it is going to usher in for the days to come by!!!

There have been numerous articles on how Web 2.0 has changed the face of online businesses globally. The growth has been phenomenal propelled analyst fathom its impact every now and then. It has been a catalyst for the sudden surge in online Travel Portals [OTP's], distribution technologies and products built around them. It is constantly driven by online communities of collaborators who share information online because we trust it more than business-generated information.

In a traditionalistic approach it would be without a doubt that your trusted travel agency should and must get you the best deal. Invariably, unlike every-time there would be hiccups and it would always eat up into your purse, your holiday / business experience and end up leaving a foul taste in your mouth.

For most of the online users today Web 2.0 has done a lot of good with Dynamic Packaging. Just think for a moment - if you would have to do things sitting in a place like -

(a) booking air tickets [Lowest Fares - mind you]
(b) ensure that you have an advance Hotel Reservation/s and
(c) voila a car bookings, pick up and drop included

One-on-one from different sites – it would be chaotic!!!

In comparison - with the advent of Travel 2.0 you are just a step away from planning everything on your own. Its as easy and you can evaluate expert tips from your online community on everything under the sun. What more to say, you can get videos, pictures, food tips validated by the user community - from the community, by the community and for the community.

All you need is to get on to a suggested online travel portal - without even having to physically be there to oversee arrangements. With quality information and rich user interfaces for the user in place you can have the best of both worlds!!!

Hold your breath for here comes the 3rd wave Travel 3.0 - riding high on the success of the Web 2.0 - Its is something more like you can have the cake and eat it too

I would want to quote Mr. Tim Wright, MD at HyperTech Solutions UK, here - “Users could have access to these pre-defined itineraries (created, posted and ranked by individual community users), as well as abundant destination and component content and detail. Powerful vertical search tools will let users comparison-shop amongst a huge variety of travel components and products that best match their individual preferences - and they’ll be able to select, book and pay, all online and on one site.

With its rich content, choice and book-ability, and close collaboration between the travel portals, like-minded suppliers and a technology partner with the platform, capabilities, data structures would be envisioning the Travel 3.0 Saga. Read more >

This Phocus Wright Report has more interesting things for us to know about.


More for later!!!