AltiusPAR Unveils New Next Generation Hospitality Management Solution with Oracle(r) On Demand for ISVs
Hospitality Companies Now Equipped to master the complexities of Inventory Management, Revenue Optimization and Electronic Distribution
REDWOOD SHORES, Calif. , May, 03 2005 -
Oracle today announced that AltiusPAR, a pioneer in developing software solutions to manage, distribute and optimize inventory for the hospitality industry, is among the first independent software vendors (ISVs) to build and deliver a new industry solution with Oracle(r) On Demand for ISVs. With Oracle, AltiusPAR, a Certified Partner in the Oracle PartnerNetwork, is able to offer hospitality companies an on demand service that allows them to better manage room inventory and significantly increase the profitability of their online reservation systems.
AltiusPAR realized that innovation is a critical component of customer retention, competitive advantage and market leadership. AltiusPAR worked with Oracle in order to bring state-of-the-art technologies to the hospitality market, an industry that has traditionally been late to adopt new technologies. AltiusPAR is able to take advantage of Oracle On Demand for ISVs to extend both cost and management benefits from Oracle to AltiusPAR's customers. “With Oracle On Demand for ISVs, we are making enterprise-level technology accessible and manageable for hotels and hotel chains around the world,” said Javier Barrera, president of AltiusPAR. “Oracle also allows us to provide technologies and services that our customers otherwise couldn't afford, and they don't have to depend on their own staff and resources to manage, upgrade and maintain it.”
Delivering solutions with Oracle On Demand for ISVs will allow AltiusPAR to remotely link into its customers' environments and provide transparent support, so that each reservation system operates effectively and efficiently. Oracle takes responsibility for the ongoing service and management of the solution's underlying Oracle software, handling any upgrades or patch issues that might arise. AltiusPAR also can take advantage of pre-configured access to Oracle technology and service offerings including performance tuning, upgrades, and capacity planning as well as data recovery and security administration, and extend those support benefits to its customers. This allows AltiusPAR to provide customers with a cost-effective on demand reservation management solution that is secure, scalable, and easy to manage.
“Oracle is pleased to provide the software and service infrastructure to help make AltiusPAR's state of the art reservation management solutions a success ,” said Juergen Rottler, executive vice president, Oracle On Demand and Support. “By leveraging the combined strength of the Oracle E-Business Suite and Oracle Technology On Demand, AltiusPAR can offer their solutions on demand and set a high standard among our community of partners.”
Unlike existing hospitality solutions, AltiusPAR provides a single, real-time view of all available rooms so that hotels can simply and cost effectively increase revenue per available room (PAR) by as much as 6 percent. AltiusPAR customers gain insight into up-to-the-minute inventory and pricing information so that optimal rates and availability are offered for each transaction regardless of the channel. The solution also reduces day-to-day operational complexity associated with hotel reservation management, ultimately increasing productivity.
As part of Oracle on Demand for ISVs, AltiusPAR is now enrolled in the Oracle PartnerNetwork, Oracle's global business network of more than 14,000 companies that deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork provides partners with the resources they need to be successful in today's Internet economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company.
About Oracle On Demand for ISVs
For more information about Oracle On Demand for ISVs, visit the Oracle PartnerNetwork Interaction Center at http://partner.oracle.com/jsp/prn/prnLocation.jsp.
About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com
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