Published on February 22nd, 2021 | by Alan Dwyer0
Regional One Chooses Acumen’s SPARTA Enterprise Asset Management Software
Acumen Aviation has announced that Regional One Inc, has chosen Acumen’s SPARTA Enterprise Asset Management software solution to support its entire fleet, comprising of more than 170 aircraft. Regional One is a purchaser, lessor, and seller of aircraft, aircraft parts, engines, and engine parts,
SPARTA is a cloud-based integrated platform designed, based on an in-depth understanding of aircraft asset management, to provide clients with a seamless, connected and intuitive way of organising and controlling a vast array of data spanning the complete life cycle of multiple assets. Regional One is unique in its business model and provides some unconventional leasing solutions to its customers.
Speaking as the deal was announced, CEO of Acumen, Alok Anand said, “Regional One and Acumen have a long-term relationship which is now strengthened even further with SPARTA. What started as a records program has been diversified into multiple dimensions of asset management partnership. I am grateful to Regional One for their trust and support and hope we make them shine even brighter in the days ahead.”
Also speaking was President of Regional One, Hank Gibson who said, “The implementation of SPARTA marks another important milestone in the partnership between Regional One and Acumen. The SPARTA platform will provide Regional One with the technology to efficiently execute our portfolio management needs.”
When Regional One approached Acumen legacy software programs and lack of in-house development capabilities were creating difficulties in delivering responsive customised solutions for their clients within the platform. These were the key contributors for Regional One to seek to find a fit for purpose solution. Regional One has chosen Acumen for a long term deal and its SPARTA solution as a platform of choice for its Asset Management functions. Owing to SPARTA’s open source, new age technology architecture and an experienced product development team, Acumen was able to easily interpret and understand the requirements and therefore deliver well executed tailor-made solutions to Regional One. Examples of some specific solutions developed by the Acumen team for Regional One include Hybrid Rentals, Maintenance Reserve management, automation for setting up banking and lessor details, flexibility in generating invoices on demand, cashflow management / analysis and customised management reports. This SPARTA implementation project also provided Acumen with deep insights which will be used to drive further product improvements.