More corporate rail travel boosts Evolvi

Thursday, 12 Feb, 2009 0

Increased use of trains for business travel helped online rail booking and ticketing specialist Evolvi Rail Systems increase revenue by a record 47% last year.

The company grew its rail business from £150 million to £220 million on the back of major contract gains and renewals.

Managing director Ken Cameron said: “The market in corporate rail travel continues to expand – our focus over the coming years is to ride this growth curve by strengthening existing relationships, supporting TMCs as they broaden their reach into the corporate sector and ensuring that our technology pathway anticipates the major ticketing trends to come.”

The Home Office is one of the latest users of the company’s self-booking rail reservation and ticketing functionality as part of a three-way partnership with Carlson Wagonlit Travel and Amadeus.

It also recently won a contract renewal for Co-operative Travel Management.

“As corporate rail travel grows, so does the need for businesses to use the expertise available through TMCs to ensure that rail travel is managed efficiently and delivered in the most cost-effective way possible,” said Cameron.

“Hand in hand with support for TMCs is a need to work closely with train operating companies to ensure that we are at the forefront of technologies, such as paper ticketing, mobile phone ticketing and smart cards that in due course will add value to corporate travellers.”

Founded three years ago, the company employs 35 people and has almost 1,000 ticket printers sited in workplaces.

by Phil Davies