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

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. To implement a predictive lead scoring system, insurers can build it from scratch or buy a ready-made one. Off-the-shelf lead scoring systems.

Insurance 59

Insurance Technical Review Strategy Technology 59

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

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. Customer-facing applications powered by machine learning algorithms solve your customers’ problems. Amazon and Netflix recommendation systems).

Company 63

Company Off-The-Shelf Data Software Review 63

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

FEBRUARY 26, 2019

Predictive analytics requires numerous statistical techniques, such as data mining (identification of patterns in data) and machine learning. The goal of machine learning is to build systems capable of finding patterns in data, learning from it without human intervention and explicit reprogramming.

Real Estate 69

Real Estate Artificial Inteligence Machine Learning Hotels 69

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

Altexsoft

JANUARY 17, 2023

However, they integrate the new inventory into the parent management system to establish data sharing and create a unified booking system. 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. Start a franchise program.

Strategy 52

Strategy Company Technical Review Software Review 52

Altexsoft

DECEMBER 21, 2021

When people hear about artificial intelligence, deep learning, and machine learning , many think of movie-like robots that resemble or even outperform human intelligence. Others believe that such machines simply consume information and learn from it by themselves. We’re going to quickly review each approach here.

Artificial Inteligence 52

Artificial Inteligence Machine Learning Data 3D 52

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

GPT-2 was expertly trained to perform various tasks such as writing product descriptions, summaries of movies, etc. This can help you to improve the efficiency of your system. NLP in Education Industry: NLP in the Education industry can be used in text summarization, machine translation, improving academic writing, and many more.

ChatGPT 130

ChatGPT Artificial Inteligence Artificial Intelligence Tourism 130

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

MAY 30, 2022

In this post, we’ll focus on what conversational AI is, how it works, and what platforms exist to enable data scientists and machine learning engineers to implement this technology. 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

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.

ChatGPT 52

ChatGPT Travel Artificial Inteligence Hotels 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

Altexsoft

SEPTEMBER 13, 2023

In the world of machine learning , there’s a well-known saying, “An ML model is only as good as the training data you feed it with.” Watch our video about data preparation for ML tasks to learn more about this. It enables machines to contextually analyze, understand, and respond to human language.

Engineering 59

Engineering Artificial Inteligence Generative AI Technical Review 59

Altexsoft

OCTOBER 31, 2023

Data integration – omnichannel relies on a seamlessly integrated backend system to share data across all sales and marketing platforms. This is possible due to complete system integration (CRM, inventory management software , retail tools, etc.) ERP, eCommerce platform, order management systems , CRM, etc.),

Strategy 52

Strategy How To Mobile Media 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

SEPTEMBER 21, 2023

From those home-made beginnings as Compass, Elasticsearch has matured into one of the leading enterprise search engines, standing among the top 10 most popular database management systems globally according to the Stack Overflow 2023 Developer Survey. But like any technology, it has its share of pros and cons.

Weak Development Team 52

Weak Development Team Analytics Engineering Development Team Review 52

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

JUNE 30, 2022

So, to prevent people from leaving, you must regularly review your customers’ pain points and offer solutions to them. We will further talk about how to approach pain point analysis and review and to relieve pain points altogether. For example, showing a hotel how they can save time and resources by using a property management system.

How To 52

How To Systems Review Software Review Technical Review 52

Altexsoft

JANUARY 19, 2021

Flight booking steps and key systems involved. . The reservation data is transmitted to the airline’s central reservation system (CRS). Instead, they host inventory and manage bookings on one of the major global distribution systems (GDSs) — Amadeus, Sabre, or Travelport — which function as data warehouses and aggregators.

Airlines 78

Airlines Travel Software Review Systems Review 78

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). Anyway, technology is essential to manage the exceptionally complex system FFPs are.

Airlines 52

Airlines Programming Technical Review Technology 52

TechCrunch

JANUARY 16, 2021

A great amount of talent is cultivated in the military, which has spawned innovative cyber, AI and machine-learning companies. Travel and proptech are more exposed due to COVID-19. The biggest worries of the portfolio founders surround slower enterprise sales cycles due to WFH and smaller budgets from potential customers.

Technical Review 354

Technical Review Software Review Trends Systems Review 354

Xicom

MARCH 11, 2020

Reward System. It is a referral-based reward system for promoting your mobile app. On-demand mobile app for commercial truck drivers, including nearby trucks stops parking lots, mechanics and hotel information. Have a strict review process that may delay your release. Chat Module. Bidding Tool. Geo-fencing. UI/UX Design.

UI/UX 85

UI/UX Development Transportation Mobile 85

Altexsoft

DECEMBER 9, 2020

Predictive analytics creates probable forecasts of what will happen in the future, using machine learning techniques to operate big data volumes. In many cases, there is even no desire to put effort and resources into developing analytical capabilities, mostly due to the lack of knowledge. Analytics maturity model.

Analytics 102

Analytics Technical Review Technology Applications 102