GOQUO SETS OUT GROWTH PATH FOR 2007

Fast-growing technology solutions provider GoQuo Ltd (www.goquo.com), which has increased its customer base by over 400% in just a year, is targeting further triple digit growth in 2007.

Founder and managing director Ron Ramanan, whose vision of developing technology solutions to help agents, product suppliers and consolidators compete more effectively in the online market has seen GoQuo’s customer base grow from six in 2005 to 32 this year, has set a growth strategy of:

Expanding the business benefit of the three core solutions – GQ Dynamic, GQ Agent and GQ Consol – with deeper and richer travel product content such as cruises, and value-enhancing functionality such as the imminent launch of its flight calendar feature.

Continuing technology development to improve system accuracy, speed, resilience and affordability for agency customers, together with maintaining GoQuo’s high service and support standards.

Sourcing new content partners for hotel provision in the Far East.

Expanding in the Far East market, such as China and South East Asia, where GoQuo already has a customer foothold. Ramanan says this region is one of the fastest-growing travel markets, thanks to regional low cost carrier competition, increasing disposable income for travel, and higher volumes of international visitors.

Establishing a business office in Manila and expanding the existing solution development facility in Sri Lanka.

Building a presence in the US travel market.

Developing a solution for tour operators and for destination management companies.
Said Ramanan: “GoQuo’s approach to technology solution delivery is based on real innovation, meaningful business value for customers, delivering on promises, and absolute tailoring to customer needs. That approach has struck a real chord in the travel marketplace.

“With customers in the UK, the US, Europe, India and the Far East, our strategy aims to expand further in those markets where we believe our solutions and approach will be readily accepted. At the same time, we will manage growth carefully to maintain our self-set high standards of customer service and support.”