Altexsoft

APRIL 24, 2019

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Approaches to dynamic pricing: Rule-based vs machine learning. Functionality of IBM Dynamic Pricing.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

FEBRUARY 21, 2023

Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.

Hotels 52

Hotels Machine Learning Artificial Inteligence Travel 52

Altexsoft

SEPTEMBER 7, 2021

It uses machine learning to capture more nuanced customer behavior patterns. The models are trained to assign higher scores to leads with those attributes. Indiana Farm Bureau Insurance partnered with BDO Digital to build a predictive analytics model. Machine learning is only as accurate as the data fed to the models.

Insurance 59

Insurance Technical Review Strategy Technology 59

Altexsoft

SEPTEMBER 6, 2018

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Some companies approach data science vendors to build products whose key functionality is centered around machi ne learning. Business analytics: business intelligence and statistical analytics.

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

JUNE 25, 2022

Artificial intelligence and machine learning tools are widely adopted within the insurance sector to automate claim processing. Such tools are trained over lots of data to look for anomalies that can alert the business to potentially fraudulent activity patterns. Typically, they follow the same plot when conning an insurer.

Travel 52

Travel Software Review Software Airlines 52

Altexsoft

MAY 5, 2023

This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making. The key terms that everyone should know within the spectrum of artificial intelligence are machine learning, deep learning, computer vision , and natural language processing. The early adopters, plain and simple.”

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

JUNE 26, 2023

We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. It’s the first and essential stage of data-related activities and projects, including business intelligence , machine learning , and big data analytics. What is data collection?

Machine Learning 52

Machine Learning Artificial Inteligence Data Systems Review 52

Zensar

OCTOBER 8, 2018

Custom Vision Service – This service provides us with an API through which we can upload an image, build and train a custom image classifier. Video Indexer – It is built using Azure Media Analytics, cognitive services & Azure Search. It also detects facial attributes, gender, age, pose, hair etc.

Azure 40

Azure Video Machine Learning Artificial Inteligence 40

AWS Machine Learning - AI

NOVEMBER 22, 2023

You marked your calendars, you booked your hotel, and you even purchased the airfare. Now all you need is some guidance on generative AI and machine learning (ML) sessions to attend at this twelfth edition of re:Invent. Yes, the AWS re:Invent season is upon us and as always, the place to be is Las Vegas! Reserve your seat now!

Generative AI 104

Generative AI Artificial Inteligence AWS Machine Learning 104

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

JUNE 21, 2023

The Average Daily Rate (ADR) — one of the leading hotel KPIs for gauging performance and profit — has gained considerable importance, and for a reason. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Example 1: Small boutique hotel. What is ADR?

KPI 52

KPI Hotels Strategy Machine Learning 52

Altexsoft

SEPTEMBER 14, 2021

Train travel is in a disadvantaged position in our world. One of the most interesting differences between how air and train transport operate is the role technology takes in each. One of the most interesting differences between how air and train transport operate is the role technology takes in each. Lack of customer data.

Training 59

Training System Airlines Travel 59

Altexsoft

NOVEMBER 15, 2022

The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

Altexsoft

NOVEMBER 1, 2023

This is a collection of texts used for linguistic analysis and training NER models. Word embeddings translate words or phrases into numerical vectors of fixed size, making it easier for machine learning models to process. A corpus can range from a set of news articles to academic journals or even social media posts.

Artificial Inteligence 52

Artificial Inteligence Machine Learning Systems Review Training 52

Apiumhub

SEPTEMBER 20, 2023

From software architecture to artificial intelligence and machine learning, ​​these conferences offer unparalleled insights, networking opportunities, and a glimpse into the future of technology. It’s an opportunity to learn from API thought leaders and enthusiasts, meet industry colleagues, and exchange ideas.

Conference 97

Conference Artificial Inteligence UI/UX Machine Learning 97

Altexsoft

SEPTEMBER 21, 2023

What if we told you that one of the world’s most powerful search and analytics engines started with the humble goal of organizing a culinary enthusiast’s growing list of recipes? First publicly introduced in 2010, Elasticsearch is an advanced, open-source search and analytics engine that also functions as a NoSQL database.

Weak Development Team 52

Weak Development Team Analytics Engineering Development Team Review 52

Xicom

JULY 21, 2020

Once, consultant Geoferry Moore put it – “Without Big Data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway” And, one such big benefit is predictive behaviour. But, before you have a look at the cases, let us delve and find an answer to what is Predictive Analytics?

Healthcare 52

Healthcare Analytics Technical Advisors Analysis 52

Altexsoft

SEPTEMBER 28, 2023

Yet, now, they are expected to meet consumers’ need for uniqueness much earlier in the customer journey than at the hotel front desk. When speaking of personalization in the hotel context, the first thing that comes to mind is room decoration for a special occasion or a bottle of favorite champagne for a repeat guest.

Examples 52

Examples Hotels Industry Travel 52

Altexsoft

JANUARY 17, 2023

Analytics and revenue management – managing companies monitor performance of properties under their control and use various revenue management strategies to maximize profits (e.g., However, it’s a big project as you’ll have to create a set of guidelines, procedures, and standards, as well as design a training program for new partners.

Strategy 52

Strategy Company Technical Review Software Review 52

Altexsoft

JUNE 9, 2023

Large language models and transformers in a nutshell Language models , types of machine learning models, are trained to anticipate the likelihood of a word sequence. They predict the next appropriate word based on text context, essentially learning how humans use language. Transformer architecture. What is ChatGPT?

ChatGPT 52

ChatGPT Travel Artificial Inteligence Hotels 52

Altexsoft

AUGUST 13, 2020

Data analytics is one of the key directions for digital transformation in various industries, travel included. And hospitality is no exception: the hotel industry operates large amounts of data by its nature. Today, we’ll look at the specifics of using BI in the hotel industry. Hotel data sources.

Business Intelligence 59

Business Intelligence Hotels Technical Review Technology 59

Altexsoft

JANUARY 11, 2019

Machine learning and data science advisor Oleksandr Khryplyvenko notes that 2018 wasn’t as full of memorable breakthroughs for the industry, unlike previous years. So, it’s not the state-of-the-art that motivates businesses to use data science more but the standardized approach to machine learning model building. ”.

Artificial Inteligence 94

Artificial Inteligence Artificial Intelligence Trends Data 94

Altexsoft

NOVEMBER 22, 2019

Hotel business produces a plethora of data literally every moment. Let’s take a closer look at major data management processes — data collecting, storing, and analyzing — as applied to the hotel domain. Hotel data collection: what and where to look for. Important hotel data sets and overlaps between them.

Hotels 18

Hotels Data Technical Review Systems Review 18

Altexsoft

OCTOBER 31, 2023

Because of lack of integration, cross-channel customer interactions aren’t captured, so data collected for analytics is often fragmented and incomplete. You can gather data from various sources, including website analytics, social media insights, and customer surveys. Train your team. Map customer journeys.

Strategy 52

Strategy How To Mobile Media 52

Altexsoft

MAY 20, 2022

Hotels, car rentals, cruise companies, retail outlets, and other businesses buy points from airlines (the price ranges but on average it’s 1 to 2 cents per point) and then grant these points to their own customers as a reward for transactions. Analytics and reporting. So how does it work? Customer databases maintenance.

Airlines 52

Airlines Programming Technical Review Technology 52

Xicom

MARCH 11, 2020

This truck app consists of many analytical and manageable modules to monitor, track, approve, pay, as well as control all the operations of the truck industry. Here admin can see various advanced graphs and analytics in real-time. And, this all can be done with a couple taps your smartphone screen. Refined Dashboard. UI/UX Design.

UI/UX 85

UI/UX Development Transportation Mobile 85

Altexsoft

DECEMBER 9, 2020

Still, today, according to Deloitte research, insight-driven companies are fewer than those not using an analytical approach to decision-making, even though the majority agrees on its importance. What is analytics maturity model? They also serve as a guide in the analytics transformation process. Stages of analytics maturity.

Analytics 102

Analytics Technical Review Technology Applications 102

OTS Solutions

OCTOBER 10, 2023

It encompasses technologies such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing , and big data analytics & insights to optimize the entire production process. include the Internet of Things (IoT) solutions , Big Data Analytics, Artificial Intelligence (AI), and Cyber-Physical Systems (CPS).

Artificial Inteligence 147

Artificial Inteligence Mobile Industry Cloud 147

TechCrunch

JANUARY 16, 2021

A great amount of talent is cultivated in the military, which has spawned innovative cyber, AI and machine-learning companies. Also, significant experience and know-how have been accumulated here in big data analytics. Hyperguest, creating direct connectivity between hotels and OTAs.

Technical Review 354

Technical Review Software Review Trends Systems Review 354

DataRobot

JUNE 24, 2022

Thanks to the increasingly rapid evolution of AI and advances in machine learning, the real estate industry has a more vivid picture of future risk and opportunities across all different market segments: offices, residential, retail, logistics, hotels, OPRE and data centers. And what has blocked them from doing so?

Real Estate 52

Real Estate Machine Learning Artificial Inteligence .Net 52

Capgemini

JULY 25, 2023

Organizations can perform joint data analysis and train machine-learning (ML) models while ensuring that confidential information will stay protected from their sharing partners. Loyalty programs can deliver truly personalized services across hotels, airlines, and other services.

Data 52

Data Analysis Media Government 52