Cornerstone Integrates with New Traxo CAPTURE for Enhanced Data Aggregation

Bloomington, IN (November 15, 2016) – With our latest integration to Traxo, Cornerstone Information Systems is once again moving than needle when it comes to using data and technology to change the relationship between corporate travel managers, travel brands, suppliers, agencies and travelers.

As part of a strategic partnership with Traxo, CIS will now be able to leverage Traxo’s CAPTURE travel data aggregation tools, including email inbox scanning,  to capture detailed insights for itinerary planning and comprehensive travel management. Beyond what is available from other sources, the integration will give CIS seamless access to customers’ booked travel plans, brand preferences and spending activity – no matter where they are booked. For TMCs and corporations, this means gaining a competitive edge with the ability to pinpoint travelers’ shifting needs, preferences, and behaviors.

Launched today at the Phocuswright conference, Traxo CAPTURE leverages new inbox scanning automation to effectively seek and capture travel data for itinerary planning and comprehensive travel management.  CAPTURE’s agnostic, universal approach to accessing confirmed itinerary data – from any source – facilitates the seamless detection and integration of relevant travel data into web, mobile, mid-office or back-end applications.

“We require a truly comprehensive technology solution to help us access itinerary data beyond what’s available in global distribution systems,” said Mat Orrego, CEO. “Traxo CAPTURE has proven to be robust and extensible, making it ideal for our needs.”

At Cornerstone, we put a lot of time and energy into finding solutions that enable our clients to better manage their business and engage with travelers. We are very excited about the opportunity to extend the power of our platform via this partnership with a best of breed solution providers like Traxo.

The Traxo press release is available at here.

5 Things We Love About the 2016 Phocuswright Conference

This week’s Phocuswright Conference in Los Angeles is the event where the “best of the best” in the travel industry are both on stage and in the audience. CIS is heading back to this epic event (again) and we’ve got big plans.

This year, CIS will not only be exhibiting, but CEO Mat Orrego will showcase our new app 4SiteTM as part of the Travel Innovation Summit Launch competition We’re letting you know about our participation because not only are we considered visonary leaders in the travel tech space, but we’re also there to talk with and listen to the other travel innovators at the event. We will be looking for those game-changing nuggets that will give us the edge in developing products that you need in order to deliver the “best of the best” service. That’s what it’s all about.

With that, here are our five favorite things about this year’s conference:

1). Thought Leaders Means Something Here

The term thought leader has been ground down to dust since Joe Kurtzman popularized it in 1994. However, if there is any place it still has meaning, it’s at Phocuswright. According to the conference website, 59% of speakers are CEOS and 56% of the audience is C-level. It’s impossible to leave without insight, strategy, and inspiration.

2). Travel Innovation Platform

The highly anticipated Innovation Platform features 3 stages for innovation: the Battleground for start-ups to present in front of potential investors and incubators, the Summit for young companies, and the Launch for established companies with innovative product launches. Every year the Innovation Platform introduces us to the best new products and ideas, and this year, we’ll be participating ourselves, introducing our new predictive intelligence technology, 4SiteTM, on the Launch stage on Wednesday, November 16 at 10:45 am.

3). Forward Thinking Sessions

We choose the keynote with Lyft’s David Baga as well as the “Board of Directors” Roundtable with Phocuswright’s Philip Wolf, the man behind the phrase “strategically correct, not politically correct,” as two of the sessions that will really focus on what we need in order to succeed in the coming years. Baga’s keynote will address the changing role of on-demand service in the travel industry, and Wolf’s Roundtable should be a high-level look at what’s to come in the industry. The Roundtable includes Terrell Jones, founder of Travelocity.com, Rich Barton, Co-Founder of Zillow and Expedia, and Jeffrey Katz, Founding Chairman and CEO of Orbitz, among others.

4). Executive Interview with Oliver Heckmann, VP Travel & Shopping, Google

Whether for business or leisure travel, Google continues to be a steadfast gateway to the travel world. We want to hear Heckmann’s take on what’s happening in the travel search, shop, and buy funnel, because it tells us a lot about the changing habits of all travelers.

5). It All Comes Down to the Dollar

There’s a good bit going on at Phocuswright around the payment process, and as we’ve been focused on operationalizing virtual cards for travel providers, we’ll be going to the “Unraveling the Cost of Supplier Payments” presented by eNett International and “Building a Global Payments Platform in the Travel Industry” presented by Yapstone.

We’re proud to be an established company that continues to innovate (the prerequisite for participating in the Innovation Launch), and we’re looking forward to many meaningful conversations with other travel industry leaders. There are important discussions to be had, and the topics we hope to discuss could factor into the travel technology landscape for the next few decades.

As always, we’re looking forward to sharing our story and having a lot of fun at the event so keep an eye on our Twitter feed (@MatOrrego and @CISWired) for photos and updates.

Cornerstone™ Information Systems Showcases the Future of Predictive Intelligence to Manage The Traveler’s Journey at Phocuswright Conference

Mat Orrego to present game-changing new 4site™  proactive journey management tool at Los Angeles event

BLOOMINGTON, IN (November 8, 2016)  – Cornerstone Information Systems (CIS), a global leader in innovative technology solutions for travel companies, today announced that they are among an elite group of visionary companies selected to battle it out at the 2016 Phocuswright Conference. Mat Orrego, the company’s CEO, will take center stage at The Travel Innovation Summit Launch to present the new 4site™ predictive intelligence technology to industry leaders on  Wednesday, November 16 at 10:45 am.

Each year, only the most forward thinkers make it into the Phocuswright Innovation Platform to vie for a variety of prestigious awards. The categories of competition consist of three distinct segments; Battleground, Summit, and Launch. Cornerstone will compete in the Launch category, which provides established companies the opportunity to unveil a groundbreaking innovation that is changing the travel landscape. Winners are named by a panel of judges comprised of high-caliber travel and technology experts.

Long recognized as a travel technology pioneer, Cornerstone will be showcasing their latest breakthrough solution which drives proactive journey management for companies and TMCs with predictive analysis and real-time chat. “There are plenty of apps out there – and some are really cool – but not a single one actually solves the problems we experience every single day around disruptions, changes in our plans, and unexpected events,” explains Mat. “We have spent the last year sharpening our focus and building an open, flexible platform that monitors trips with predictive intelligence. 4site is breaking new ground by bridging the information gap between the live trip and what the agent sees in a reservation to drive continued service.”

4site is a rich, intuitive tool that provides timely, relevant 360-degree monitoring based on customized preferences set by the TMC or corporation, and proposes actionable, details on steps to take at every touch point. The unique 4site mobile app can be custom branded or implemented directly within existing apps and gives travelers a way to stay informed and connected in real time with their travel advisor.

Mat adds, “In today’s fast-changing world, predictive intelligence can help TMCs and corporate travel teams manage what is most likely to happen before it happens. It is about prioritizing the trips to work based on criteria like specific airports, critical routes, and VIP travelers. We have developed a real game-changer and are excited to share it the industry’s most influential thought at Phocuswright.”

Founded in 1993, the annual Phocuswright Conference has evolved into one of the most important informational and networking events for the travel sector, a marketplace in which Phocuswright estimates that global spending will increase to $1.4 trillion this year from $1.3 trillion two years ago. Around 1,800 people are expected to attend the event being held in Los Angeles, which will run from Nov. 14 to 17.

Cornerstone would like to extend a special invitation to conference attendees to attend the Launch competition or visit booth ### for a personal demo. To learn more about Cornerstone Information Systems visit https://www.ciswired.com or call 1 (888) 778-0897.

About Cornerstone Information Systems

Cornerstone™ Information Systems is a global technology and services provider that has a unique domain knowledge in the travel industry, from how travel is operationalized to how information is managed. With a foundation in automation, we design, build, and deliver technology for travel companies and corporate buyers. We help our partners manage their process and information, to drive better decision making. Cornerstone has a single focus on travel data from the management of the reservation to the creation and presentation of information. The result is higher quality customer service and more nimble operational responsiveness at a lower cost with fewer resources yielding higher profit. We are people-centric, service-focused, and technology driven.

Companies managing more than $25 billion in travel spend annually trust Cornerstone to help them proactively lower the costs of travel management and drive revenues through travel optimization. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries. To learn more, visit ciswired.com

Unless indicated otherwise, all trademarks and service marks herein are trademarks of Cornerstone Information Systems Inc. or an affiliate thereof.

About Phocuswright, Inc. (www.phocuswright.com)

Phocuswright, the travel industry research authority, fosters smart strategic planning and tactical decision-making by delivering primary research on the evolving dynamics that influence travel, tourism and hospitality distribution. To complement its research in North America, Europe and Asia, Phocuswright partners with and produces several high-profile conferences around the world.