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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In 2017, global eCommerce sales accounted for 10.2 Revenue from eCommerce sales is expected to grow to 4.88 eCommerce share of total retail sales worldwide from 2015 to 2021. Being online almost 24/7, consumers prefer saving time and shop online when possible. percent of all retail sales (2.3 trillion US dollars).

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Estimated Time of Arrival: How to Approach ETA Calculations in Logistics

Altexsoft

It’s amazing how some people are so bad at time management while being so good at making up reasons for chronic lateness. How often do you have to wait for a friend who’s running late? In business, time is money. Just to illustrate the scale, remember Suez Canal blocked by the Ever Given containership in March 2021? ETA vs ETDel.

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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? It’s commonly applied in various industries, for instance, travel and hospitality, transportation, eCommerce, electricity retailing, entertainment. Pricing automation.

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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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Sentiment Analysis: Types, Tools, and Use Cases

Altexsoft

Thanks to comment sections on eCommerce sites, social nets, review platforms, or dedicated forums, you can learn a ton about a product or service and evaluate whether it’s a good value for money. Users may not give you a chance once they’ve read a few bad reviews. They won’t research whether feedback was fake or not.

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

Altexsoft

And that episode was not a one-off. 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. Something that happens quite often nowadays. The first generation: legacy systems.

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Data Quality Management: Roles, Processes, Tools

Altexsoft

Low-quality data can also impede and slow down the integration of business intelligence and ML-powered predictive analytics. Data is the lifeblood of an organization and its commercial success. You probably heard these words from a conference lecturer or saw similar headlines online. Flaws in data can lead to different outcomes.

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