Travolution Innovation Report 2011

The Travolution Innovation Report, sponsored by Amadeus, is a first-ever attempt to benchmark IT spend in the travel industry, looking both at specific sectors within the industry and types of technology expenditure


The Travolution Innovation Report, sponsored by Amadeus, is a first-ever attempt to benchmark IT spend in the travel industry, looking both at specific sectors within the industry and types of technology expenditure.


With our research partners, KEW Associates and eDigitalResearch, we have taken data from 15,930 travel firms in the UK, tracking IT spend from 2007 to the present day and projecting into 2011. This can be done with some level of accuracy using an Oxford Economics algorithm that accurately forecasts IT spend based on the historical relationship with employment per sector.


Our quantitative research, using KEW Associates’ experience of tracking IT spend using official government ONS data, was complemented with an online survey of the Travolution readership carried out in February, in association with eDigitalResearch.


This saw more than 400 senior executives and decision makers in the industry offer their views on the state of IT expenditure and investment both in their own organisations and the travel industry at large and their views on how this related to innovation in travel.


Our intention is to repeat this benchmarking exercise on an annual basis so we can continually track developments in IT expenditure and development.


Innovation Report stories


  IT investment powers switch from automation to innovation
  Travel set to ramp up IT investment 2011
  Legacy limits innovation, Travolution survey finds
  UK heralded as a pioneering environment for travel  
  Innovation case study: Online Regional Travel Group


Commentary


  Innovation goes beyond investment [Tim Russell, Amadeus]
  Innovation has a human face – tech is just a tool [Craig Dean, Web Applications]


More from the report


Read full coverage of the report in the digital version of our March 2011 issue