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

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

FEBRUARY 2, 2023

A warehouse (fulfillment/distribution center) is a complex system with multiple components that have to work together like a well-oiled machine. Real-time tracking systems and advanced analytics software can optimize warehouse workflows. What is RTLS and which warehouse challenges does it address? Inefficient picking process.

IoT 52

IoT Systems Review System Storage 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? 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

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

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

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. White-label solutions make building an online travel agency or OTA extremely easy and fast. The channel share in US travel as of 2022.

Travel 52

Travel Hotels Technical Review Off-The-Shelf 52

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

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

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

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

OCTOBER 21, 2022

After trying all options existing on the market — from messaging systems to ETL tools — in-house data engineers decided to design a totally new solution for metrics monitoring and user activity tracking which would handle billions of messages a day. 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

SEPTEMBER 16, 2021

This process involves numerous pieces working as a uniform system. Digital twin system architecture. A digital twin system contains hardware and software components with middleware for data management in between. Components of the digital twin system. They prevent harm that otherwise could be done to precious assets.

IoT 64

IoT Technical Review Technical Advisors Energy 64

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

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

AUGUST 2, 2021

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. “Concierges are the original search engines.”. Les Clefs d’Or, USA (Elite concierge association). What is a virtual concierge? For example, it can.

Hotels 64

Hotels Software Review Software Technical Review 64

Altexsoft

AUGUST 22, 2019

And we’ll cap it off referencing the key route optimization providers and their APIs for integration. What connects businesses as different as van line, meal delivery, and a laundry collection company? It’s the need to plan daily routes with multiple stops. Do you know the logistics problems you are dealing with?

Software Review 15

Software Review Software Windows How To 15