Altexsoft

MARCH 28, 2022

According to the Global Vacation Rental Report 2022 , 40 percent of property managers rely on market business intelligence (BI) or analytics services, a big leap compared to just 13 percent before the COVID-19 outbreak. Having relevant observations and powerful analytics tools at hand, property managers can.

Analysis 52

Analysis Data Software Review Technical Review 52

Sunflower Lab

JANUARY 9, 2019

But, it depends on various factors which will determine whether to build custom software or buy pre-built software (off-the-shelf software) from the market. Custom software allows a lot of flexibility when it comes to integration with existing systems but, is costly as compared to off-the-shelf software.

Off-The-Shelf 58

Off-The-Shelf Software Review Technical Advisors Software 58

Altexsoft

APRIL 13, 2023

Leading executives focus on building resilient and intelligent supply chains that can withstand the turmoil due to data-based proactive decisions. “Control towers are the artificial intelligence (AI) of supply chain. Everyone wants to have it, but nobody quite knows how it works.” Christian Titze, vice president analyst at Gartner.

Technical Review 59

Technical Review Software Review Analytics Systems Review 59

Altexsoft

SEPTEMBER 7, 2021

And it’s slowly paying off. Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

Insurance 59

Insurance Technical Review Strategy Technology 59

Altexsoft

NOVEMBER 11, 2019

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. What is the top pain point for business executives? Worse still, things reshaping customer intentions happen quite unexpectedly.

Machine Learning 14

Machine Learning Artificial Inteligence Analytics Technical Review 14

Altexsoft

JUNE 25, 2022

percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud.

Travel 52

Travel Software Review Software Airlines 52

Altexsoft

JUNE 11, 2021

Process mining is a set of techniques for the analysis of operational processes based on event logs extracted from company’s databases, information systems, or business management software such as enterprise resource planning (ERP), customer relationship management (CRM), electronic health records (EHR), etc. What is process mining?

Applications 69

Applications Weak Development Team Systems Review Software Review 69

Altexsoft

JUNE 6, 2019

In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.

Artificial Inteligence 89

Artificial Inteligence Artificial Intelligence Retail Innovation 89

Altexsoft

APRIL 13, 2021

And when it comes to decision-making, it’s often more nuanced than an off-the-shelf system can handle — it needs the understanding of the context of each particular case. But it does need more advanced approaches that mimic human perception and judgment like AI, Machine Learning, and ML-based Robotic Process Automation.

Machine Learning 87

Machine Learning Artificial Inteligence Insurance Technical Review 87

Altexsoft

MARCH 30, 2022

on-site spa and fitness services that go far beyond the basics of a room and take the trouble of booking them off the guests’ shoulders; on-site food and beverage options such as happy hour menus, dining discounts and packages, vending machines on floors, and the service of meals in rooms; and. Let us remind you of a few key moments.

Hotels 59

Hotels Tools Strategy Off-The-Shelf 59

Altexsoft

APRIL 24, 2019

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Would you consider fixed costs, competitor prices, or both? Dynamic pricing strategy 101 and key approaches.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

MAY 5, 2023

AI in a nutshell Artificial Intelligence (AI) , at its core, is a branch of computer science that focuses on developing algorithms and computer systems capable of performing tasks that typically require human intelligence. This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

OCTOBER 25, 2021

Its deep learning natural language processing algorithm is best in class for alleviating clinical documentation burnout, which is one of the main problems of healthcare technology. NLP-powered systems can derive meaning from what’s said or written, with all the complexities and nuances of natural narrative text.

Healthcare 52

Healthcare Analysis Software Review Systems Review 52

Altexsoft

NOVEMBER 11, 2019

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. What is the top pain point for business executives? Worse still, things reshaping customer intentions happen quite unexpectedly.

Machine Learning 8

Machine Learning Artificial Inteligence Analytics Technical Review 8

O'Reilly Media - Ideas

MAY 17, 2022

If you constantly review how the two parties interact, you can look for opportunities to mitigate their risk, create new services, or otherwise reduce friction. Note how eBay’s review system provides extra assurance for buyers and sellers to trade with people they’ve never met. Probably in the long term, as well.

Technical Review 59

Technical Review Software Review Systems Review Off-The-Shelf 59

O'Reilly Media - Ideas

AUGUST 8, 2019

Companies are awash with unstructured and semi-structured text, and many organizations already have some experience with NLP and text analytics. The rise of deep learning and other techniques have led to startups commercializing computer vision applications in security and compliance, media and advertising, and content creation.

Guidelines 47

Guidelines Applications Artificial Inteligence Off-The-Shelf 47

Altexsoft

FEBRUARY 8, 2021

These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development. Optimization opportunities offered by analytics. Analytics in planning and demand forecasting.

Business Intelligence 87

Business Intelligence Analytics Analysis Data 87

Altexsoft

JULY 22, 2022

It’s important to carefully arrange all the pieces of this puzzle, set up the optimal loading/unloading sequence, and exchange messages with the carrier’s system to maximize the operational efficiency. The study states that one-fifth of the global container ship fleet is stuck at various major ports. Main terminal challenges.

Operating System 52

Operating System Systems Review System Technical Review 52

CIO

JULY 21, 2023

So as organizations face evolving challenges and digitally transform, they offer advantages to make complex business operations more efficient, including flexibility and scalability, as well as advanced automation, collaborative communication, analytics, security, and compliance features. Cost overruns have been another significant concern.

Technical Review 245

Technical Review Weak Development Team Transportation Development 245

Cloudera

SEPTEMBER 7, 2023

Institutions must design AI systems that are not only transparent, reliable, fair, and accountable, but also comply with privacy and security requirements, as well as align with human values and norms. It’s the most revolutionary technological development in at least a generation. But it’s also fraught with risk.

Insurance 83

Insurance Artificial Inteligence Data Systems Review 83

O'Reilly Media - Data

MARCH 22, 2018

Over the years, machine learning (ML) has come a long way, from its existence as experimental research in a purely academic setting to wide industry adoption as a means for automating solutions to real-world problems. There is also a trade off in balancing a model’s interpretability and its performance.

Off-The-Shelf 115

Off-The-Shelf Machine Learning Artificial Inteligence Weak Development Team 115

Altexsoft

FEBRUARY 22, 2022

And breakdowns are just too expensive, especially at a fleet-wide scale (not to mention risking drivers’ lives, losses due to unfulfilled contracts and related downtime, and customer dissatisfaction). Taking good care of your fleet assets pays off by prolonging their lifecycle, increasing efficiency, and reducing the probability of failures.

Software Review 52

Software Review Technical Review Software Technology 52

Altexsoft

SEPTEMBER 21, 2018

Whether you want to treat yourself to new sneakers, a laptop, or an overseas tour, processing an order without checking out similar products or offers and reading reviews doesn’t make much sense any more. According to a survey by Podium , 93 percent of consumers say that online reviews influence their buying decisions.

Analysis 89

Analysis Tools Software Review Systems Review 89

Altexsoft

SEPTEMBER 16, 2021

Digital twins play the same role for complex machines and processes as food tasters for monarchs or stunt doubles for movie stars. This process involves numerous pieces working as a uniform system. Digital twin system architecture. Components of the digital twin system. Hardware components. Hardware components.

IoT 64

IoT Technical Review Technical Advisors Energy 64

Actian

NOVEMBER 25, 2019

Flat files are simple to use, reliable and cost nothing as they come bundled with the underlying operating system, so it’s no wonder that there is such widespread adoption. I wrote an initial blog a few weeks ago on flat files and why embedded software application developers readily adopted them.

Artificial Inteligence 40

Artificial Inteligence Machine Learning Off-The-Shelf Systems Review 40

Altexsoft

AUGUST 11, 2022

Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. Compared to truck – its main competitor – train is cheaper (in the US it’s 4 cents vs 20 cents per ton-mile), more efficient (the record-breaking train was 682 cars and 4.5 Rail fleet management main components. ETA forecasting.

Technical Review 52

Technical Review Industry Technology IoT 52

Altexsoft

APRIL 1, 2021

While hardware robots remain in the realm of investment-heavy manufacturing, software robots became increasingly popular in office work due to the rise of Robotic Process Automation or RPA. As one of the fastest-growing industries according to Gartner , RPA led to the emergence of new professions. RPA developer responsibilities.

Development 111

Development Technical Review Software Review Artificial Inteligence 111

Altexsoft

DECEMBER 10, 2019

Except that we are describing real-life situations caused by small failures in the computer system. And that episode was not a one-off. If passengers are stranded at the airport due to IT disruptions, a passenger service system (PSS) is likely to be blamed for this. The first generation: legacy systems.

Airlines 18

Airlines Systems Review System Travel 18

Altexsoft

MAY 20, 2022

Some travelers used it as a loophole to game the system and took longer, often multi-stop flights (which were usually cheaper too) instead of short, direct ones to get more points. According to it, American Airlines’ AAdvantage was worth $37.6 billion, Delta’s Skymiles was estimated at $33.1 billion, United’s MileagePlus – $28.7

Airlines 52

Airlines Programming Technical Review Technology 52

Altexsoft

OCTOBER 17, 2019

Low-quality data can also impede and slow down the integration of business intelligence and ML-powered predictive analytics. Data is the lifeblood of an organization and its commercial success. You probably heard these words from a conference lecturer or saw similar headlines online. Flaws in data can lead to different outcomes.

Tools 16

Tools Data Technical Advisors Technical Review 16

Datica

JUNE 17, 2019

To learn more about the progress made and promising ways to simplify inteoperability, we reached out to a panel of healthcare IT pros and asked them to answer this question: “What’s the single best way to simplify interoperability in healthcare IT?”. Jibestream. Chris Wiegand is the CEO & Co-Founder of Jibestream.

Healthcare 40

Healthcare Blockchain Technical Review Systems Review 40