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Event Booking Software: Supporting Venue Management

Altexsoft

There’s a piece of technology that can take a part of this burden off your shoulders. The events industry is actively recovering after the painful pandemic collapse. Despite the emergence of virtual and hybrid event types, the number of both leisure and corporate in-person events is growing rapidly. What is venue management?

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The Good and the Bad of Apache Kafka Streaming Platform

Altexsoft

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. We describe information search on the Internet with just one word — ‘google’.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

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? For instance, an airline can secure itself from bad sales during a low-demand season or before an upcoming departure day by putting tickets on sale. Pricing automation.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Customer satisfaction score (CSAT) and Net Promoter Score (NPS) are the most important metrics for any insurance company. Not in China though. Of course, not.

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Fleet Maintenance Software: Technology Behind Preventive and Predictive Vehicle Servicing

Altexsoft

Taking good care of your fleet assets pays off by prolonging their lifecycle, increasing efficiency, and reducing the probability of failures. Predictive maintenance (PdM) involves constant monitoring of your equipment condition and conducting repairs only when bad trends are detected – but before breakdowns occur.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

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. Managing a supply chain involves organizing and controlling numerous processes.

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

miles long carrying 82,000 metric tons of ore), and more sustainable (one ton of freight can be moved over 470 miles on just a single gallon of diesel fuel). Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. Rail fleet management main components. Rolling stock tracking.