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Conztanz secures EUR2m funding led by A Plus Finance and Pléiade Venture

Conztanz, a software editor in the Aviation sector, has completed its first fundraising of EUR2 million with A Plus Finance and Pléiade Venture to finance its R&D activity and business development.

Created in July 2013 and located in Sophia-Antipolis in the heart of the French Silicon Valley, Conztanz intends to respond to complex IT problems of the airline industry by offering a wide range of software and services. The three founders created Conztanz at the end of 2012 when they realised that airlines and airports lack a greater knowledge of their travellers’ experience and are missing the opportunities provided by new technologies (e.g. Big Data and new generation data integration tools).
 
Indeed, customer knowledge is key to improve profitability of all business services. In a particularly competitive world, loyalty issues, customisation and increased revenues per passenger have become a top priority for airlines. But the information systems of airlines and airports are generally very complex and heterogeneous. They are built by the expensive juxtaposition of software without standard connectors, which create serious integration problems that are now at the heart of their concerns.
 
Conztanz's ambition is to provide airlines the tools to give them greater control over their digital strategy. By providing access to their data on the combined knowledge of their customers and their travel experience, the connections facilitated within the company as well as those between different datatbases and systems, Conztanz will enable them to improve profitability.
 
The solutions provided by Conztanz software are also intended for the airport sector. The contribution of IT solutions is also key to meet the demands of a growing security framework (for example, passenger identification) and to optimise the "traveller journey”: reducing check-in time with automatic bag-drop machines, maximising monetisation of time spent within the airport, sending targeted commercial offers and personalised information in real time, etc.

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