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Fetcherr raises $12.5M to dynamically price airfare with algorithms

TechCrunch

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. “Fetcherr predicts demand using real-time, sophisticated models and automatically provides pricing recommendations.”

Airlines 184
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Sylvera takes $32M to build trust in carbon offsetting ratings

TechCrunch

based startup which uses machine learning technology to analyze a variety of visual data like satellite imagery and lidar with the goal of boosting accountability and credibility around carbon offsetting projects, has fast followed a $5.8 Sylvera , a U.K.-based million seed round in May last year by closing a $32 million Series A.

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5 tips for better business value from gen AI

CIO

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. I reviewed some of these agents, and found several AI capabilities that can become competitive differentiators.

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Carbon Offset in Aviation Explained: How ICAO CORSIA Helps Airlines Get Closer to Net Zero

Altexsoft

Aviation is one of the major sources of greenhouse gasses, so airlines must adopt effective strategies to decarbonize their operations. IATA and its members committed to go net zero by 2050, which sounds great, but the problem is that the amount of air traffic is forecasted to be more than 3 times greater by that time. They include.

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De-risk equipment management

Capgemini

The world of technology has finally caught up to the promise of the Equipment-as-a-Service model. That is because the enabling technology was not readily available. The airline industry was the first to roll this out. It was a brilliant idea, but the clunky technology of the time made larger rollouts impractical.

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Dynamic Pricing Strategy for Airlines: Exploring Current Problems and Adopting Continuous Pricing

Altexsoft

In the 1980s, American Airlines and its former president Robert Crandall started a revolution in airline pricing. 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.

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10 Digital Transformation Examples from 10 Industries

Modus Create

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. Sephora used Aha!