Technology outsourcing company Capgemini is assisting Cathay Pacific Airways to modernize its finance and procurement functions.
Through the outsourcing deal, Capgemini will be assisting Cathay Pacific Airways, a leading airline based in Hong Kong, to support its worldwide business growth agenda for the next 10 years and beyond.
The project called Horizon8 will go live in September 2017, covering 3,000 Cathay Pacific Airways users across 30 countries.
Cathay Pacific Airways aims to standardize its processes and deliver greater transparency and cost efficiencies, through the modernization of existing finance and procurement models. Capgemini will build a seamless integrated operating model to support its strategic vision and organizational ambitions.
Cathay Pacific aims to optimize its processes and gain consolidated view of finance and procurement metrics.
Cathay selected SAP S/4HANA to provide a scalable, integrated solution to handle the complexities of the airline business. The solution will cover procurement and financial transactions, while serving Cathay Pacific’s needs on planning and budgeting, financial consolidation, profitability analysis, and business intelligence and reporting.
Raymond Fung, general manager of Project Horizon8, Cathay Pacific Airways and Cary Farmer, project director of Project Horizon8, Cathay Pacific Airways are instrumental in implementing the tech outsourcing project.
“This transformational project at Cathay Pacific Airways is a testament to Capgemini’s significant aviation and SAP experience across the world,” said Sumit Nurpuri, chief operating officer of Capgemini in South-East Asia, Non-Financial Services.
Honeywell supports Cathay Pacific
Meanwhile, Honeywell has completed the airline industry’s first-ever trial with Cathay Pacific to demonstrate how advanced data analytics can improve operational availability of its A330 fleet.
Analysis of data from the equipment showed a 35 percent reduction in operational disruptions with a false positive rate of less than 1 percent, saving the airline several hundred thousand dollars in operations and maintenance costs on a single aircraft system.
“Honeywell’s GoDirect Maintenance Services helps us maintain this commitment by reducing the number of auxiliary power unit downtime events and improving our first-time fix rate. We plan to explore how to expand the offering to additional aircraft systems,” Christopher Gibbs, engineering director at Cathay Pacific.