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10 emerging innovations that could redefine IT

CIO

The main constituency: Any developer who will happily trade a bit of precision for a big savings in electricity. Other leaders have strong personal opinions about the best way to run a team. The IT teams must find the best way to support the larger mission with better tools and practices.

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Quantum Metric raises $200M, now valued at over $1B, for its digital product design platform

TechCrunch

Ciabarra has built his company out of Colorado, and it somewhat feels like the DNA of being “remote” from the Bay Area has fueled how the company’s own product has been developed, with the idea being that you don’t need to be on the ground and in the room with someone to be able to identify when they are unhappy.

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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

Altexsoft

For the record, the business developed into a global company operating its airline and dealing with multi-million revenue streams, went through a compulsory liquidation in 2019, and was relaunched as an online-only travel agency in 2020. Here, the inventory we talk about is the tours, travel services, and packages that you sell.

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Dynamic Pricing Strategy for Airlines: Exploring Current Problems and Adopting Continuous Pricing

Altexsoft

In the 1980s, American Airlines and its former president Robert Crandall started a revolution in airline pricing. Crandall is famous for many airline innovations that we use today, such as inventing the first frequent flier program and contributing to route optimization and central reservation system adoption.

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Building a Better Middleman

O'Reilly Media - Ideas

From a conversation with Cyril Nigg, Director of Analytics at Reverb, the music-gear marketplace was “founded by music makers, for music makers.” You need to have a difficult conversation with yourself, your leadership team, and your investors around how you’ll handle that. Use technology as a force multiplier.

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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.

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Airline Reservation Systems and Passenger Service Systems: Navitaire, Amadeus Altea, SabreSonic and more

Altexsoft

It was just another reminder of overall aviation IT fragility, caused by different factors, from aging technologies to poor communication between different components to the introduction of immature solutions. But the main issue associated with legacy systems is that they hinder airlines from increasing profits.