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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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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a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades.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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Airline Consolidators Overview: Their Role, Advantages, and Key Players

Altexsoft

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Airline consolidator business model: how it works. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers.

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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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Airline Reservation Systems and Passenger Service Systems: Navitaire, Amadeus Altea, SabreSonic and more

Altexsoft

It was just another reminder of overall aviation IT fragility, caused by different factors, from aging technologies to poor communication between different components to the introduction of immature solutions. If passengers are stranded at the airport due to IT disruptions, a passenger service system (PSS) is likely to be blamed for this.

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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g., Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g.,

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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.