Altexsoft

APRIL 24, 2019

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.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

OCTOBER 5, 2022

Definitely, a concrete list of responsibilities depends on a specific venue and its size (sometimes there might even be multiple locations), i.e., a convention center, a theater, a stadium, a hotel, or any other hosting location. There’s a piece of technology that can take a part of this burden off your shoulders.

Software 52

Software Off-The-Shelf 3D Weak Development Team 52

Altexsoft

SEPTEMBER 7, 2021

And it’s slowly paying off. Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

Insurance 59

Insurance Technical Review Strategy Technology 59

Altexsoft

OCTOBER 19, 2018

So, we try to remember whether we’ve locked doors, turned off home appliances, checked bags (again!) We distinguish three types of public transportation apps: general purpose apps, apps by transport providers, and apps used for the hop-on hop-off tours. Hop-on hop-off tour apps. Scheduling and disruption tracking.

Transportation 65

Transportation Mobile Travel Off-The-Shelf 65

Altexsoft

OCTOBER 27, 2023

White-label solutions make building an online travel agency or OTA extremely easy and fast. You can establish your presence on the web in no time — and with minimal upfront cost. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market. The channel share in US travel as of 2022.

Travel 52

Travel Hotels Technical Review Off-The-Shelf 52

Altexsoft

MAY 30, 2022

Instead of getting out of bed and switching off the lights manually, you can open an Alexa app on your phone and give a voice command like, “Alexa, bedroom lights off.”. In the modern world, there’s hardly a business that doesn’t need a communication channel with its customers. Here’s the catch though.

Artificial Inteligence 52

Artificial Inteligence Technical Review Artificial Intelligence Machine Learning 52

Altexsoft

MAY 5, 2023

The short-term rentals (STR) market has been expanding rapidly in recent years, with popular vacation rental platforms like Airbnb, Booking.com, and VRBO transforming how people travel and lodge. As this industry progresses, property owners and managers constantly search for ways to improve their operations and outpace their competition.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Strategy Driven

JULY 13, 2011

Performance measurement typically drives much of the way a large company works. We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. They don’t tell you how well the business is positioned for future growth and ROIC improvement.

Performance 24

Performance Metrics Pharmaceuticals Sustainability 24

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. According to it, American Airlines’ AAdvantage was worth $37.6 billion, United’s MileagePlus – $28.7

Airlines 52

Airlines Programming Technical Review Technology 52

Altexsoft

JANUARY 17, 2020

So how can entrepreneurs sleep soundly knowing they’re building the right thing that won’t wind up on the shelf? It will take a while and won’t necessarily pay off. Delayed decisions: put it off until you have enough data to draw an informed conclusion. There’s no universal management paradigm for freshly minted companies.

Off-The-Shelf 20

Off-The-Shelf Metrics Minimum Viable Product Innovation 20