The company has adopted Oracle Exadata Database Machine for its comprehensive financial accounting software for airlines travel, which has helped them improve transaction processing throughput, enabling them to provide accurate and detailed revenue reports to airlines on a daily basis, to meet the requirements imposed by their compliance and finance departments.
We have subjected the Oracle Exadata Database Machine to very high transaction loads, and weve been reaping the benefits, said Prameet Savla, Vice President - Technology, Accelya Kale Solutions. The traditional revenue accounting systems were scaled to handle daily average load with about 20-30% buffer margin. However, this number could go as high as 200% above daily average during peak loads and often resulted in backlogs that took days, or even weeks to catch up. With Oracle Exadatas unrivaled processing power, our customers can generate detailed, accurate revenue reports within 24 hours. The speed is a real game-changer in this industry, he added.
Airlines operate in a very challenging environment, with weak profits in difficult times. Changing business models, new distribution opportunities, fierce competition, and constant pressure of industry and regulatory compliances are some of the key challenges that impact airlines. There is need for greater accuracy and risk management controls to keep pace with international standards and audit requirements. Top management and other stakeholders, such as the commercial teams need not only quick and accurate MIS, but also strategic inputs for decision-making.
The airline industry has become highly competitive, therefore its prudent for airlines to innovate and drive new services to grow their customer base, said Venkatesh Krishnan, Vice President, Technology, Oracle India.
With Accelyas solution based on Oracle Exadata the airlines are now in position to process their daily volumes in a window of 10 -12 hours enabling them to produce revenue reports on a daily basis, compared to weekly basis in the past.
Additionally, Accelya managed to minimise airline processing errors in revenue reports and recorded 99% accuracy in revenue forecast by seamlessly integrating the airlines enterprise resource planning systems with Oracle Exadata.
The company engaged Mumbai-based Softcell Technologies, a gold level member of Oracle PartnerNetwork (OPN), to assist with its Oracle Exadata implementation. Softcells experts, together with Oracle Exadata, ensured all components worked together without facing any performance bottlenecks or single points of failure that could affect the complete system.