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

OCTOBER 27, 2022

Freight forwarders are intermediaries between shippers (manufacturers, wholesalers, or retailers) and carriers ( sea , air, and land transportation providers) that organize and coordinate the movement of goods across international borders. In 2021, according to different studies, the freight forwarding market was valued at $186 to $192.5

Technical Review 52

Technical Review Technology Transportation Software Review 52

Altexsoft

APRIL 24, 2019

It’s commonly applied in various industries, for instance, travel and hospitality, transportation, eCommerce, electricity retailing, entertainment. How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Pricing automation.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

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

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? The world’s largest IT research firm Gartner gives a clear answer: demand volatility.

Machine Learning 14

Machine Learning Artificial Inteligence Analytics Technical Review 14

Cloudera

SEPTEMBER 7, 2023

Under the terms of the AI Act, “high-risk” AI systems require a compulsory self-assessment by providers, with certain critical applications (like AI used in medical devices) also subject to review under existing EU regulations. It’s the most revolutionary technological development in at least a generation.

Insurance 83

Insurance Artificial Inteligence Data Systems Review 83

Altexsoft

JUNE 2, 2021

On the other hand, if your company is a part of the supply chain, whether you deal with manufacturing, manage a warehouse, or run a retail store, you’re probably familiar with such problems as time-consuming inventory counts, running out of stock because of late reordering, or shortages due to inaccurate demand planning.

Software Review 72

Software Review Technical Review Software Technology 72

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? The world’s largest IT research firm Gartner gives a clear answer: demand volatility.

Machine Learning 8

Machine Learning Artificial Inteligence Analytics Technical Review 8

Altexsoft

JULY 10, 2021

It logically means that if you as a retailer want to reach more customers you have to go online. Another survey from digital consultancy Avionos for eMarketer found that 62 percent of US online shoppers chose fast shipping as a main factor for a positive retail experience, followed by an easy delivery process (54 percent).

eCommerce 59

eCommerce Technical Review Technology USP 59

Altexsoft

OCTOBER 27, 2023

The simplicity of the launch attracts even non-travel players: Over the past two years , a number of financial companies, retailers, and loyal clubs have presented their branded booking platforms. This article explores the capabilities of ready-to-use OTA software and highlights the key reasons to go custom. Source: Phocuswright.

Travel 52

Travel Hotels Technical Review Off-The-Shelf 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

AUGUST 2, 2021

So, let’s explore the opportunities to improve customer satisfaction and other benefits concierge software can bring to your hotel. Its usage is typically related to the hospitality industry, though it can be implemented in other sectors, such as retail stores, banks, hospitals, casinos, etc. What is a virtual concierge?

Hotels 64

Hotels Software Review Software Technical Review 64

Battery Ventures

MARCH 31, 2020

We spoke to companies in the financial services, retail, insurance, pharmaceutical, cable/telecommunications, and tech sectors. In retail, we’re seeing firms look for ways to get hourly associates engaged digitally. Expect some serious postmortem reviews for legacy products. In the U.S.,

Pharmaceuticals 59

Pharmaceuticals Technical Review Off-The-Shelf Analytics 59

Altexsoft

FEBRUARY 2, 2023

Real-time tracking systems and advanced analytics software can optimize warehouse workflows. Such systems are also used for tracking people within the facility for security, navigation, or analytics purposes. To succeed, digitization is a must, and it’s not only about replacing personnel with robots and autonomous vehicles.

IoT 52

IoT Systems Review System Storage 52

Altexsoft

SEPTEMBER 16, 2021

A digital twin system contains hardware and software components with middleware for data management in between. The key technology driving DTs is the Internet of Things (IoT) sensors which initiate the exchange of information between assets and their software representation. Software components. Software components.

IoT 64

IoT Technical Review Technical Advisors Energy 64

Altexsoft

MAY 20, 2022

Hotels, car rentals, cruise companies, retail outlets, and other businesses buy points from airlines (the price ranges but on average it’s 1 to 2 cents per point) and then grant these points to their own customers as a reward for transactions. According to it, American Airlines’ AAdvantage was worth $37.6 billion, United’s MileagePlus – $28.7

Airlines 52

Airlines Programming Technical Review Technology 52

Altexsoft

OCTOBER 21, 2022

No matter who reads what, the technology found its way to virtually every industry — from healthcare to travel to retail. No matter who reads what, the technology found its way to virtually every industry — from healthcare to travel to retail. process data in real time and run streaming analytics. Practically, nothing.

Weak Development Team 93

Weak Development Team Technical Review Systems Review Software Review 93

Altexsoft

AUGUST 22, 2019

And we’ll cap it off referencing the key route optimization providers and their APIs for integration. Let’s have a closer look at the most common VRPs and software that you can apply to unravel them. What connects businesses as different as van line, meal delivery, and a laundry collection company? What’s your Vehicle Routing Problem?

Software Review 15

Software Review Software Windows How To 15

A List Apart

NOVEMBER 14, 2019

You whittled your application code down to its most streamlined form possible. When websites fail to perform the way we as designers and developers expect them to, we inevitably turn on ourselves: “What are we failing to do?” “What can we do with the code we have written?” You relied on the web platform where you could.

Technical Advisors 40

Technical Advisors Technical Review Resources Software Review 40

Altexsoft

DECEMBER 10, 2019

As late as last summer British Airways canceled more than 100 of their flights and delayed another 200 because of IT outages that involved two components of their passenger service software — one that was responsible for online check-in and the other that managed flight departure. And that episode was not a one-off.

Airlines 18

Airlines Systems Review System Travel 18