CIO

JANUARY 9, 2023

Recruiting, retainment, and yes, adoption of lead-edge technology, are back on the radar of IT leaders. Grace Liu, senior vice president of IT for Seagate Technology, says the shifting economy can offer a chance to be opportunistic. “We How do we grow our business responsibly?” How do we get the talent we need?

Technical Review 363

Technical Review Fractional CTO CTO Artificial Inteligence 363

Perficient

MARCH 26, 2024

As a result, loyalty is managed across departments like technology, finance, and sales, all tightly aligned with marketing. Emerging Trends to Watch One of the biggest emerging trends for loyalty is that it is expanding beyond a rewards and points system. However, loyalty is so much more.

Automotive 59

Automotive Trends Technical Review Hotels 59

Altexsoft

SEPTEMBER 19, 2023

Internal systems — like a property management system (PMS) in hospitality, a passenger service system (PSS) used by airlines, or an OTA back office — are the backbone and the most relevant source of transaction details, booking histories, and inventory data for a travel business. geolocation, profiles, and feedback.

Travel 52

Travel Analytics Examples Airlines 52

Altexsoft

SEPTEMBER 7, 2021

However, with the advancement of technology and the introduction of digital platforms, insurers can now frequently interact with clients, collect their data, provide personalized services and loyalty programs. Check our article on insurance technologies to have a broader overview of innovation in the industry. Predictive lead scoring.

Insurance 59

Insurance Technical Review Strategy Technology 59

Altexsoft

AUGUST 25, 2021

And this technology of Natural Language Processing is available to all businesses. Keep reading to learn: What problems NLP can help solve. Natural language processing or NLP is a branch of Artificial Intelligence that gives machines the ability to understand natural human speech. So, what is possible with NLP? Spam detection.

Tools 139

Tools Artificial Inteligence Technical Review Systems Review 139

Altexsoft

MARCH 28, 2022

This term refers to hotel alternatives that can be booked for several days or weeks (hence, the second name — short-term rentals.) Vacation rentals usually offer guests more attractive prices than hotels along with a more private setting. Before going any further, let’s make it clear what vacation rentals are.

Analysis 52

Analysis Data Software Review Technical Review 52

Altexsoft

APRIL 19, 2022

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Hotels want to be like Airbnbs, investing in unique, homey properties where people come to live, rest, and work. Hotels and vacation rentals, compared.

Hotels 52

Hotels Tools Software Review Systems Review 52

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. Such a pricing strategy can lead to bad reviews, complaints, or worse.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

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

TIBCO - Connected Intelligence

DECEMBER 2, 2020

In short, what is needed now is a kind of “business review ”—the new business imperative. Another heavily impacted sector is the manufacturing industry, as orders are falling sharply or being canceled due to customers focusing their primary needs on other sectors. On the other hand, the retailers and the distributors have shown a 12.2%

Technical Review 26

Technical Review Technology Systems Review Telecommunications 26

TechCrunch

OCTOBER 15, 2021

“Skipper is a new network for hotels and resorts that helps them run their tech stack, acquire customers, and create new revenue streams. As more guests and hotels join, the shared data creates a powerful network effect.” This is a platform technology which we plan to apply to many chronic diseases. ” SAVVI.

CTO Coach 186

CTO Coach Weak Development Team 3D Hotels 186

Altexsoft

MAY 5, 2023

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.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Sunflower Lab

AUGUST 19, 2023

Whether it’s a Food Delivery App, a shopping platform, or even a Healthcare application, the trend is clear: businesses are rapidly adopting these conversational technologies. As humans, we’ve often been cautious about embracing new technologies. The answer lies in the integration of NLP within these systems.

Artificial Inteligence 52

Artificial Inteligence Analysis Travel Technical Review 52

Altexsoft

SEPTEMBER 6, 2018

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. So, before planning to use data science or AI for your business, find out whether it’s the technology you need. Amazon and Netflix recommendation systems).

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

MAY 23, 2023

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. This significant metric enables hotel owners to evaluate their property’s performance by considering both occupancy rates and average daily rates (ADR).

Hotels 59

Hotels KPI Artificial Inteligence Strategy 59

Trigent

MARCH 25, 2022

Gartner recently announced the top technology trends for 2022 to enable organizations to deliver growth, digitalization , and efficiency for the next three to five years. Organizations are now working towards delivering an excellent TX by integrating technologies to break down silos. TX in action.

Artificial Inteligence 52

Artificial Inteligence Retail Technical Review Trends 52

Altexsoft

JANUARY 21, 2022

When there are no live examples on the market, you will face too many risks and uncertainties, so you must check if your idea can be realistically brought to life with current technologies. New technology. Our sentiment analysis tool for aggregating hotel reviews is a good example. No prior experience. Source: Justinmind.

Software Review 52

Software Review Software Technical Review How To 52

Apiumhub

MARCH 26, 2019

His main specialties are software development practices, TDD, Refactoring, Legacy Code Revitalization and team dynamics. . Mark Richards is an experienced, hands-on software architect involved in the architecture, design, and implementation of microservices architectures, service-oriented architectures, and distributed systems.

Software Review 44

Software Review Architecture Technical Review Software 44

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

Altexsoft

JANUARY 17, 2023

If you operate a vacation rental management company and are looking for ways to develop, or if you’re just considering the possibility of starting such a business, we hope that this post will help you get a clearer picture of how things work in this industry, learn more about related technologies, or just pick up a tip or two.

Strategy 52

Strategy Company Technical Review Software Review 52

Altexsoft

SEPTEMBER 10, 2022

Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. Marriott even launched a whole 10,000-square foot lab with model rooms where the brand can design and test innovative technologies. What is a smart hotel? A mobile (digital) key technology has many benefits over RFID keycards.

Hotels 59

Hotels IoT Infrastructure Technical Review 59

Altexsoft

AUGUST 18, 2023

OTAs, hotel booking platforms , and other travel businesses need to have real-time access to extensive hotel inventories to offer diverse choices to their customers. With the strategic acquisition of Tourico Holidays and GTA wholesalers, Hotelbeds expanded its portfolio to encompass over 300,000 hotels across 200 destination countries.

Hotels 52

Hotels Banking Technical Advisors Technical Review 52

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

OTS Solutions

MAY 22, 2023

It utilizes a highly accurate algorithm and advanced technology to predict the most appropriate replies to users’ queries. This can help you to improve the efficiency of your system. As technology evolves, data and privacy concerns become even more important. The data breach is a concern in the digital age.

ChatGPT 130

ChatGPT Artificial Inteligence Artificial Intelligence Tourism 130

Modus Create

MARCH 14, 2023

We have consciously excluded IT companies to demonstrate how digital transformation isn’t exclusive to technology firms. By automating almost 30% of the process, AutoFin has significantly reduced the time for reviewing credit applications. Its stock went from $38 at the end of 2012 to $120 in seven years.

Examples 98

Examples Industry Technical Review UI/UX 98

Altexsoft

NOVEMBER 1, 2023

Word embeddings translate words or phrases into numerical vectors of fixed size, making it easier for machine learning models to process. NER example Consider the sentence: “Mary from the HR department said that The Ritz London was a great hotel option to stay in London.” And this can go a long way.

Artificial Inteligence 52

Artificial Inteligence Machine Learning Systems Review Training 52

Altexsoft

JANUARY 30, 2019

For greater clarity, watch our video that explains in simple terms the function of APIs in hotel booking. How dining experience systems are connected. To build a complex system that helps discover, explore, book, and order at restaurants, we need to connect various sources using APIs. Point of sale systems.

Systems Review 56

Systems Review Software Review Technical Review Travel 56

Altexsoft

MAY 30, 2022

So, it makes sense that more and more companies are looking for a way to implement conversational artificial intelligence (AI) technology to streamline these processes. Also, such chatbots do not learn from interactions with a user: They only perform and work with the previously known scenarios you wrote for them.

Artificial Inteligence 52

Artificial Inteligence Technical Review Machine Learning Artificial Intelligence 52

Altexsoft

AUGUST 13, 2020

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. Business intelligence in hotels: sources of data and components. Hotel data sources. Hotel Property Management System modules.

Business Intelligence 59

Business Intelligence Hotels Technical Review Technology 59

Altexsoft

JUNE 9, 2023

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. This practical exploration can help spark your imagination on how this cutting-edge technology could redefine your field.

ChatGPT 52

ChatGPT Travel Artificial Inteligence Hotels 52

O'Reilly Media - Ideas

FEBRUARY 21, 2023

Every technology is good for something. The extremely compelling applications of the technology. Those that lead to widespread adoption and increased legitimacy, almost becoming synonymous with the technology itself. Hence, my usual crack that machine learning is just linear algebra with better marketing.

Blockchain 138

Blockchain Fashion Airlines Advertising 138

Altexsoft

OCTOBER 31, 2023

These and other research prove that even though an omnichannel approach requires a significant investment in technology and strategy alignment, it leads to sales growth and better long-term customer relationships. This is possible due to complete system integration (CRM, inventory management software , retail tools, etc.)

Strategy 52

Strategy How To Mobile Media 52

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. It has become a necessary tool in the era of big data. Process mining. Complex event processing. Benchmarking.

Business Intelligence 117

Business Intelligence Tools Artificial Inteligence Technical Review 117

Altexsoft

JUNE 10, 2021

Crandall is famous for many airline innovations that we use today, such as inventing the first frequent flier program and contributing to route optimization and central reservation system adoption. Revenue management strategies in hotels are also common.) Let’s review them and explain some solutions for improvement.

Airlines 59

Airlines Strategy Weak Development Team Technical Review 59

Altexsoft

SEPTEMBER 21, 2023

This endeavor would unwittingly plant the seeds for Elasticsearch, a technology that today drives data search and analytics for businesses around the globe. But like any technology, it has its share of pros and cons. For instance, you could have different indices for Hotels, Guests, and Bookings in the hospitality industry.

Weak Development Team 52

Weak Development Team Analytics Engineering Development Team Review 52

Altexsoft

MAY 20, 2022

Some travelers used it as a loophole to game the system and took longer, often multi-stop flights (which were usually cheaper too) instead of short, direct ones to get more points. due to expiration or other reasons like a member’s death). Now, let’s look into details. How do airlines accrue points? So how does it work?

Airlines 52

Airlines Programming Technical Review Technology 52

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