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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? Would you consider fixed costs, competitor prices, or both? Two biggest tasks businesses have to address in this regard are revenue management and price optimization. Pricing automation.

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AI in Short-Term Rentals: How Machine Learning Shapes STR

Altexsoft

AI in a nutshell Artificial Intelligence (AI) , at its core, is a branch of computer science that focuses on developing algorithms and computer systems capable of performing tasks that typically require human intelligence. This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making.

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

Altexsoft

In 2021, to the great disappointment of space exploration fans, NASA postponed a long-awaited return to the Moon by at least a year. The authorities admitted that the previous 2024 deadline for human landing “ was not grounded on technical feasibility.”. Tech miscalculations are not unique to ambitious, state-backed space endeavors.