Altexsoft

MARCH 15, 2021

This was largely due to the COVID-19 pandemic uprooting the status quo for both international and domestic travel. Marketers cannot rely on social proof like a positive review from 2019 to help convince a customer to choose them in 2021. Request reviews from your audience after their experience. Personalization.

Travel 86

Travel Software Review Industry Marketing 86

Altexsoft

JULY 14, 2022

Experiential travel ecosystem: business models, distribution, technologies, and representatives. Technologies. TrekkSoft ) that can assist with scheduling, multi-channel distribution, partner relationships, analytics, and so on. Technologies. Inventory sourcing and distribution. TripCreator ), a channel manager (e.g.,

Travel 105

Travel Tourism Hotels Technical Review 105

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

SEPTEMBER 6, 2018

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Due to a surfeit of information about AI and big data on the Internet, companies can assume that data analysis is the solution for most of their data-related issues.

Company 63

Company Off-The-Shelf Data Software Review 63

TIBCO - Connected Intelligence

DECEMBER 2, 2020

This blog was written by TIBCO Director of Digital Strategy Alessandro Chimera a nd originally published on Italian tech blog Linea EDP. The current social and economic climate, generated by the global pandemic, has put many companies in crisis which, if they do not rethink their business operations, will have serious problems of survival.

Technical Review 26

Technical Review Technology Systems Review Telecommunications 26

Altexsoft

JANUARY 31, 2020

Airline industry made an impact on how we buy things today, and how those things are marketed. Just a couple of examples: electronic tickets were first developed for fare ticketing, while one of the first online booking systems was built by airline distribution company SABRE. Scandinavian airlines first class in 70s and now.

Airlines 121

Airlines Advertising Marketing Travel 121

Altexsoft

MAY 20, 2022

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 All these impressive numbers unveil the hidden power behind airlines’ loyalty programs. Those include.

Airlines 52

Airlines Programming Technical Review Technology 52

Coforge

SEPTEMBER 9, 2019

Several factors have led to the exponential rise of predictive analytics and its evolution into more sophisticated models such as prescriptive analytics. Predictive analytics takes raw data (structured and unstructured), passing them through sophisticated analytical models. billion market in 2017. CAGR , crossing USD 28.7

Analytics 8

Analytics Industry Technical Review Insurance 8

Brainvire

OCTOBER 22, 2018

Speed – Elastic Search comes implemented with inverted indices with finite state transducers for full-text querying, BKD trees for storing numeric and geo data, and a column store for analytics. Due to performance issues, the search functionality was lagging considerably and was not able to keep up to the expectations of the larger audience.

Industry 40

Industry Case Study Automotive Healthcare 40

Xicom

AUGUST 13, 2019

Company: Xicom Technologies. Xicom understands that today’s organizations face many challenges in their digital evolution journey and having expertise in emerging technologies like AI, Blockchain, IoT, AR/VR, Big data & Analytics and Cloud computing it delivers solutions that meet challenges. Company: FME Extensions.

Company 11

Company Development Team Review Real Estate Technical Review 11

Apiumhub

MARCH 16, 2021

Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations. Online analytical processing. Predictive analytics. Prescriptive analytics. Data mining.

Business Intelligence 118

Business Intelligence Tools Artificial Inteligence Technical Review 118

Altexsoft

JUNE 21, 2019

When Booking.coms and Expedias have begun cutting off chunks of sales from hotels, tour operators, and brick and mortar agencies, it became clear – tourists of today are eager to be technology-first. And to support them in that, OTAs have to step up their technology game as well. Receiving a confirmation. GDS connection.

Travel 89

Travel Systems Review System Hotels 89

Altexsoft

JULY 20, 2021

Yes, while the overall number of bookings dropped due to COVID-19, hotels’ brand.com websites became the third most popular booking channel , in some cases even surpassing Expedia traffic. Hotels pay OTAs 15-30 percent of fees per booking and due to the rate parity, they can’t put lower prices on brand.com websites. Why is that?

Hotels 98

Hotels Travel Technical Review Media 98

Altexsoft

MAY 5, 2023

Additionally, through predictive analytics and smart home technology , AI can identify potential maintenance issues before they become critical, allowing property managers to address them proactively. So as far as the penetration of AI technologies into revenue management goes, a significant shift is happening.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

FEBRUARY 15, 2022

We’ve touched on the topic of website localization earlier, and in this article, we want to dive deeper into the technicalities of an adaptation process and share our experience of adjusting travel platforms to foreign markets. Airline content. Product attributes are also available, but translations are provided by the airlines.

Travel 52

Travel Hotels Technical Review Systems Review 52

Altexsoft

JUNE 9, 2023

There’s no denying it: ChatGPT , OpenAI’s groundbreaking AI, is the talk of the tech world. ChatGPT continues to reshape industries, redefining how we interact with technology. We’ll highlight our company’s experience demonstrating how we’ve used ChatGPT within travel technology.

ChatGPT 52

ChatGPT Travel Artificial Inteligence Hotels 52

Altexsoft

FEBRUARY 26, 2019

In general, price forecasting is done by the means of descriptive and predictive analytics. Descriptive analytics. Descriptive analytics rely on statistical methods that include data collection, analysis, interpretation, and presentation of findings. In short, this analytics type helps to answer the question of what happened?

Real Estate 69

Real Estate Artificial Inteligence Machine Learning Hotels 69

Altexsoft

SEPTEMBER 19, 2018

Compared to airlines, revenue management in hotels evolves slowly. Analysis of lost revenue due to overbooking or cancellations. Although hotel revenue management doesn’t evolve fast, strategies aimed at improving it develop in tandem with modern business and technological trends. Using data analysis and predictive analytics.

Hotels 66

Hotels KPI Travel Analysis 66

Altexsoft

FEBRUARY 1, 2019

In fact, they estimate the technology could generate up to $100B in value annually. But for decades, data analytics has been a customarily manual task for healthcare professionals. Drug manufacturers actively collaborate with tech companies, researchers, startups and more, thus sharing the data of millions of people.

Artificial Inteligence 68

Artificial Inteligence Machine Learning Pharmaceuticals Artificial Intelligence 68

Altexsoft

DECEMBER 23, 2019

In addition to major reasons like enormous debts and difficulties in operating airlines, its lack of online presence and reduced demand for tour packages caused the company to go downhill. Perhaps, the main assets of any travel agency are the negotiated rates and deals with end-product suppliers, airlines, hotels, tour operators, etc.

Travel 23

Travel Industry Marketing Hotels 23

Capgemini

JULY 25, 2023

Loyalty programs can deliver truly personalized services across hotels, airlines, and other services. Emergency and social services can collaborate to help those in need. Increasingly, data teams turn to external data sources to enrich their internal data and enhance analytics. Interesting read?

Data 52

Data Analysis Media Government 52

The Cipher Brief

APRIL 5, 2020

Certainly, the global economic and social scale of the COVID-19 outbreak is far more extensive than the events of 9/11. The human and economic consequences of this pandemic and its successors are only beginning to be understood; the long-term political and social impact domestically and abroad will remain unclear for months.

Travel 54

Travel Weak Development Team Systems Review Technical Review 54