Remove Airlines Remove Off-The-Shelf Remove Software Review Remove Testing
article thumbnail

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. In today’s digital world, it’s practically impossible without the right software.

article thumbnail

How to Choose a Data Science and AI Consulting Company

Altexsoft

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. Our data science team delegated the project to a software architect instead of a data scientist. Our clients considered working with large datasets a big data problem.

Company 63
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

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. 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.

article thumbnail

Friction

LeanEssays

One third of the fuel that goes into a car is spent overcoming friction. By comparison, an electric car loses half as much energy - one sixth - to friction. Who knew electric cars had such an advantage? Friction is the force that resists motion when the surface of one object comes into contact with the surface of another. More cognitive load.

article thumbnail

Airline Loyalty Programs: Main Aspects, Types, and a Technological Perspective

Altexsoft

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.

article thumbnail

Technical Feasibility in Software Engineering: Things to Consider Before Development Starts

Altexsoft

This article explains what aspects you need to examine before starting a software project. Technical feasibility inspects whether software can be built at all with available tools and experts. For example, medical software dealing with protected health information (PHI) must meet HIPAA rules.

article thumbnail

Conversational AI: How Advanced Chatbots Work

Altexsoft

Conversational AI is the area of artificial intelligence that deals with questions on how to let people interact with software services through chat- or voice-enabled conversational interfaces and make this interaction natural. An AI-based chatbot is also software programmed to mimic human conversation. Here’s the catch though.