October 20, 2017
New project supported by the European Social Fund to boost employees’ professional development
We are proud to announce that Infare will very soon start implementing a project funded by the European Social Fund!
The project “Training and Improvement of Specific Competences of UAB “Infare VNO” employees” (Project Code No. 09.4.3-ESFA-T-846-01-0045) has the goal to improve the competences, knowledge and abilities of existing and future employees, which are part of our Vilnius Team.
The training provided within this project is directly related to the work done by the Infare VNO staff and is intended to improve the staff’s specific competencies and skills.
As a result of the project, which will be implemented from end October 2017, 58 employees will receive a dedicated training.
The project and associated trainings will be completed by 2020.
May 11, 2017
Infare acquires QL2 Software’s Airline Business to become a Global Player in Airfare Data & Analytics
Today INFARE has acquired the air data business of QL2 Software to enhance our offer in airfare data and analysis tools focused entirely on serving the needs of airlines and airports.
As a result of this transaction, QL2’s current airline & airports customers will join INFARE and from today they will be supported by our world-class data and products and by our international Team. This is a great step for INFARE and fully in line with our mission of delivering the most comprehensive data and competitive intelligence tools to the global airline industry.
Nils Gelbjerg-Hansen, CEO of INFARE, says: “We are thrilled to welcome our new customers and are working to ensure they experience a seamless transition under their existing contractual terms. Combining QL2’s aviation business with our own will enable INFARE to be an even stronger partner for our customers, whose need for actionable data insights is growing exponentially. Over the past two years, we’ve had a very positive response to the launch of our Pharos and Altus analysis tools, which give customers the power to undertake comparative airfare analysis in unprecedented ways. As a larger business, we will be even better placed to keep investing in new products and services to underpin our customers’ profitability.”
The agreement is being funded through an investment in INFARE by Ventiga Capital Partners LLP. INFARE was advised in relation to the transactions with QL2 and Ventiga by Nordic M&A. Niclas Gabrán, Managing Partner of Ventiga Capital Partners, says: “We are very excited to become a shareholder in INFARE following its acquisition of QL2’s airline and airport business. We look forward to supporting Infare and its management team in its growth strategy going forward.”
Lars-Erik Houmann Christensen, Chairman, INFARE, says: “The acquisition of the QL2 airline business is a great step for Infare and fully in line with our strategy of delivering the most comprehensive data and competitive intelligence tools for the global airline industry. We look forward to supplying both our existing and new customers and we will continue to stay focused on their needs.”
April 25, 2017
Apache Spark training by Infare Lead Data Scientist in Krakow
Our Lead Data Scientist, Josef Habdank, will be the key speaker at the Extreme Apache Spark Meetup organised by the Group DATAKRK. Josef will explain how to design and realise an extremely scalable data processing pipeline on Apache Spark. The talk will be based on the incredible accomplishments of our Data Platform Team, which in just 3 months created a pipeline able to effortlessly crunch 2.5 Billion airfare a day.
Join us at Pauza in Garden to find out how to design an extremely scalable data processing pipeline on Apache Spark using tech such as: Spark Streaming, Scala, Kafka/Kinesis, Snappy, Avro, Parquet, HDFS/S3, Zeppelin.
October 25, 2016
Infare Lead Data Scientist among the speakers of the Spark Summit 2016
Josef Habdank, Infare Lead Data Scientist, will be among the speakers of the upcoming Spark Summit Europe, which will take place in Brussel on the 25-27 October.
Over 1200 engineers, analysts and scientists are expected to join the event for three days of intense learning.
Josef’s talk will focus on one of the success stories we are most proud of: the development of a Prediction-as-a-Service Platform which trains and predicts trends on 1 billion observed air prices daily. The machine learning framework the Team developed is used to predict airfares used as support tool for the Airline Revenue Management systems.