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

Altexsoft

percent of all retail sales (2.3 eCommerce share of total retail sales worldwide from 2015 to 2021. To remain competitive, retailers must allow in-store customers to enjoy the benefits of online shopping. In 2017, global eCommerce sales accounted for 10.2 trillion US dollars). This figure is projected to reach 17.5

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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

Altexsoft

For the record, the business developed into a global company operating its airline and dealing with multi-million revenue streams, went through a compulsory liquidation in 2019, and was relaunched as an online-only travel agency in 2020. Tour operator technology solutions. What is a tour operator: definition, types, and challenges.

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Process Mining Explained: Techniques, Applications, and Challenges

Altexsoft

It seems pretty straightforward: well, you just heat up milk or boil water, dump those flakes in the bowl, and add fruits, berries, honey, or other yummies you like. And now, try to think about each step: is there any way you can make it faster? Say, how many extra moves are you making because the ingredients are located in different areas?

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Supply Chain Control Tower: Enhancing Visibility and Resilience

Altexsoft

Source: Supply Chain Dive Over the last few years, global supply chains have been so severely disrupted – but also enhanced with cutting-edge technologies. Leading executives focus on building resilient and intelligent supply chains that can withstand the turmoil due to data-based proactive decisions.

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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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The Good and the Bad of Apache Kafka Streaming Platform

Altexsoft

Kafka can continue the list of brand names that became generic terms for the entire type of technology. The technology was written in Java and Scala in LinkedIn to solve the internal problem of managing continuous data flows. We describe information search on the Internet with just one word — ‘google’. Practically, nothing.

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eCommerce Shipping: Main Challenges and Technological Solutions

Altexsoft

It logically means that if you as a retailer want to reach more customers you have to go online. To be successful and competitive, you have to develop an efficient shipping strategy that will streamline the fulfillment process and provide your customers with flexible delivery options — affordable both for you and the buyer.