The Business Travel Magazine

Change MAKERS

New technology can both disrupt and streamline existing business travel processes. Nick Easen examines the players currently shaking up the market

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The biggest disrupter in the tech space right now are business travellers themselves. Today, we live in an era of great expectatio­ns, fuelled by the ease with which executives book their holidays. Therefore, there’s a drive to bring consumer-style tools to the corporate market.

“Turning business travel bookings into a buzz instead of a bore is what it’s all about,” explains Neil Ruth, Co-founder of Taptrip.

A user experience that’s as fast as doing a Google search is the goal, and there’s been a seismic shift in the industry over the last couple of years towards being able to deliver this.

At the same time significan­t venture capital, VC money, is moving into business travel globally, creating the perfect storm.

Just ask four-year-old Tripaction­s. It’s already had a $4billion valuation. Unicorns are now gamely trotting on to the business travel scene.

“This is an exciting time for the industry as more start-ups creep into this space. Some are working with travel management companies – others are going direct,” states Jenny Thornton, Director of Digital Services at travel management company ATPI.

“Investors are seeing opportunit­ies and supporting start-ups that are spotting new niches in the market. For the end traveller

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