Altexsoft

JULY 30, 2020

Even before the pandemic, the industry was going through a crisis, so airlines fought hard to track down and close every loophole. Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. Airline revenue leakage. Couldn’t be more relevant, right?

Airlines 124

Airlines How To Travel Software Review 124

Altexsoft

APRIL 16, 2021

Whether your business is focused on selling airline tickets, package trips, or cruises, if you want to be acknowledged as a professional in the travel industry, you need to be certified. So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies.

Airlines 115

Airlines Report Travel Handbook 115

CIO

JULY 23, 2024

Gen AI has become a priority tool across all industries for all types of companies, where up to 40% have a budget or related gen AI initiatives, and 30% believe this technology is disruptive to the business, according to recent data from IDC. But it’s still early days since ChatGPT burst on the scene in 2022.

Strategy 171

Strategy Airlines Data Technical Review 171

CTOvision

JULY 8, 2015

NYSE Trading Halted Due To Technical Issue TechCrunch (Today) - NYSE trading was halted about 30 minutes ago due to a technical issue. TechCrunch has reached out to the exchange and received the following comment:“We’re currently experiencing a technical issue. Marine Corps, Interior Dept. LATEST NEWS.

Technical Review 104

Technical Review Security Systems Review VR 104

CIO

OCTOBER 17, 2023

No longer a nebulous, aspirational term equated with the concept “never trust, already verify,” zero trust has evolved into a solid technology framework that enables proactive defense and digital transformation as organizations embrace the cloud and hybrid work models. But what exactly does that mean? Zero trust has come a long way.

Security 214

Security Airlines Data Center Internet 214

CIO

OCTOBER 13, 2022

A general modernization path brings the technical assets together whereas an industry-focused initiative is more of a problem-solving, solutions-oriented design,” says Praveena Varadarajan, modernization offering leader and strategist for IBM’s Hybrid Cloud Migration Group. “A AWS/IBM’s Industry Edge. For more information, visit [link].

AWS 171

AWS Industry Disaster Recovery Technical Review 171

Altexsoft

DECEMBER 10, 2019

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.

Airlines 18

Airlines Systems Review System Travel 18

CIO

SEPTEMBER 18, 2024

After such a fractured experience, you begin asking harder questions like what biases might be embedded in this technology, how is it processing my data, how often is it audited to ensure fairness and transparency, and can it actually be taught to behave ethically. Explainability — ensure that logic is understood by target audiences.

Company 192

Company Fractional CTO Technical Review Systems Review 192

CIO

SEPTEMBER 19, 2023

Voice assistants, chatbots, and conversational AI Conversational AI tools such as chatbots and voice assistants have grown in popularity, making technology more accessible, offering support to customers, and reducing the load on IT support representatives.

Artificial Inteligence 212

Artificial Inteligence Enterprise Artificial Intelligence Airlines 212

Altexsoft

JANUARY 19, 2022

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.,

Travel 95

Travel Sustainability Technical Review Airlines 95

Altexsoft

DECEMBER 3, 2020

The airline industry is no different. Over the past two decades, the airline industry – like many others – has become increasingly digital. If you’ve read an AltexSoft article on revenue integrity in airlines , you know that ticket manipulations are one of the main sources of revenue leakage.

Airlines 69

Airlines Company Travel Systems Review 69

Altexsoft

JUNE 10, 2021

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.

Airlines 59

Airlines Strategy Weak Development Team Technical Review 59

Altexsoft

DECEMBER 13, 2019

This is a guest article by tech writer Hunter Amato. From robotics to marketing, the technology of the world is changing. But does that only apply to technology firms? If you’ve seen AltexSoft’s infographic with the main transportation tech trends and wanted to learn more, here is your chance. Absolutely not!

Transportation 75

Transportation Technical Review Technology Blockchain 75

CTOvision

JULY 13, 2015

WT Contractor Confidence Index takes a dip Washington Technology (Today) - Lower scores on several key questions have pushed the Washington Technology Contractor Confidence Index down slightly in its first follow up since the launch in March with the index number. We should all continue to track and learn from.

Technical Review 103

Technical Review Software Review Systems Review Energy 103

CTOvision

JULY 28, 2015

The transformation that has taken place among many companies due to the adoption of big data analytics simply can’t be understated. While the oil and gas industry is still a lucrative one, overall costs are going up due to the higher price of extraction. Southwest Airlines. Southwest is no stranger to using big data.

Big Data 119

Big Data Company Data Technical Review 119

Apiumhub

MARCH 16, 2021

Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations. Online analytical processing. Predictive analytics. Prescriptive analytics. Data mining.

Business Intelligence 118

Business Intelligence Tools Artificial Inteligence Technical Review 118

Altexsoft

FEBRUARY 10, 2020

At lower levels of expenses, it was a vain hope to negotiate bargain prices, perks, and commissions from airlines. Modern technologies make travel administration cheaper and simpler. More than that, many airlines offer discounts at much lower minimum spending requirements than a decade ago. post-trip reporting.

Travel 116

Travel Airlines Hotels Company 116

Cloudera

JANUARY 25, 2022

As roles within organizations evolve (as seen by the growth of citizen scientists and analytics engineers) and as data needs change (think schema changes and real-time), we need more intelligent ways to perform visual exploration, data interrogation, and share insights. Jump start your journey with AMPs.

Airlines 91

Airlines Artificial Inteligence Machine Learning Analytics 91

Altexsoft

JUNE 21, 2019

When Booking.coms and Expedias have begun cutting off chunks of sales from hotels, tour operators, and brick and mortar agencies, it became clear – tourists of today are eager to be technology-first. And to support them in that, OTAs have to step up their technology game as well. Receiving a confirmation. GDS connection.

Travel 89

Travel Systems Review System Hotels 89

Altexsoft

OCTOBER 15, 2018

We have addressed best practices for modernizing airline operations and put our talents to work for Merlot Aero advance airline management. Information management relates to the collection and distribution of daily flight information, storing of seasonal and arrival/departure information, as well as the connection with airlines.

Software Review 75

Software Review Software Technical Review Technology 75

Altexsoft

SEPTEMBER 19, 2023

Beyond its fundamental role in elevating customer experience, travel analytics has a valuable impact on revenue growth and cultivating a competitive edge. This article explores the influence of analytics on marketing strategies, revenue management, guest personalization, and other aspects of the travel industry.

Travel 52

Travel Analytics Examples Airlines 52

Modus Create

MARCH 14, 2023

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!

Examples 98

Examples Industry Technical Review Systems Review 98

Trigent

FEBRUARY 20, 2022

The importance of retail analytics. Despite the decline in footfall due to restrictions, data indicates shoppers’ preference for an in-store shopping experience. Retailers can make the most of this demand and shift the tide in their favor with retail analytics. Retail analytics paves the way.

Retail 52

Retail Analytics Study Airlines 52

Cloudera

JULY 20, 2021

A recent McKinsey report dove into the divergence between retail’s laggards and winners and found if there is one message in the retail sector’s stock market performance since the pandemic’s start, it is that investors flocked to companies with strong technology capabilities. Airline schedules and pricing algorithms.

Retail 106

Retail Chemicals Telecommunications Airlines 106

Apiumhub

MARCH 18, 2021

More data is available to businesses than ever, which is why business analytics is a growing field. Airlines may rely on business analytics to determine ticket prices, for example, while hospitals use data to optimize the flow of patients or schedule surgeries. What is Business Analytics? Drive strategy and change.

Business Analytics 52

Business Analytics Analytics Tools Trends 52

Altexsoft

APRIL 20, 2023

Airlines realized long ago that unbundling their product and allowing customers to buy valued ancillaries not only improved revenue and margins but actually improved customer satisfaction. Just as ABS financially benefits airlines, this model would incentivise customers to purchase services that they haven’t considered before.

Hotels 111

Hotels Airlines Travel Technical Review 111

xmatters

DECEMBER 10, 2024

This incident wreaked havoc on airlines, causing 911 services, healthcare facilities, and banks to be out of service. Exclude Planned Maintenance: MTTR focuses only on unplanned repairs due to failures, not scheduled or preventive maintenance. It is defined as the average time of nonrepairable failure of a technology product.

Weak Development Team 98

Weak Development Team Systems Review Metrics Software Review 98

Altexsoft

MARCH 15, 2021

This was largely due to the COVID-19 pandemic uprooting the status quo for both international and domestic travel. Marketers cannot rely on social proof like a positive review from 2019 to help convince a customer to choose them in 2021. Request reviews from your audience after their experience. Personalization.

Travel 86

Travel Software Review Industry Marketing 86

Coforge

AUGUST 23, 2018

In my previous blog, Reimagining Technology and Human Contact in the Next-Generation Passenger Journey , I had recounted Neil’s travel journey and explored the critical role that technology played in it. The airline has accommodated Nathan’s seat preference. Consider Nathan’s journey as illustrated below.

Technical Review 40

Technical Review Airlines Technology Hotels 40

Altexsoft

SEPTEMBER 6, 2018

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. 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.

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

JULY 20, 2021

Yes, while the overall number of bookings dropped due to COVID-19, hotels’ brand.com websites became the third most popular booking channel , in some cases even surpassing Expedia traffic. Hotels pay OTAs 15-30 percent of fees per booking and due to the rate parity, they can’t put lower prices on brand.com websites. Why is that?

Hotels 98

Hotels Travel Technical Review Media 98

Altexsoft

MARCH 23, 2022

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. Besides, a tour operator can own some of the package components, for example, run an airline or hotel.

Software Review 52

Software Review Technical Review Engineering Software 52

Coforge

SEPTEMBER 9, 2019

Several factors have led to the exponential rise of predictive analytics and its evolution into more sophisticated models such as prescriptive analytics. Predictive analytics takes raw data (structured and unstructured), passing them through sophisticated analytical models. billion market in 2017. CAGR , crossing USD 28.7

Analytics 8

Analytics Industry Technical Review Insurance 8

Altexsoft

JULY 14, 2022

Experiential travel ecosystem: business models, distribution, technologies, and representatives. Technologies. TrekkSoft ) that can assist with scheduling, multi-channel distribution, partner relationships, analytics, and so on. Technologies. Inventory sourcing and distribution. TripCreator ), a channel manager (e.g.,

Travel 105

Travel Tourism Hotels Technical Review 105

Altexsoft

NOVEMBER 4, 2022

IATA or the International Air Transport Association is a global trade association of airlines (both freight and passenger carriers) that regulates the aviation industry by developing standards, procedures, and practices. As of today, its members are 290 airlines in 120 countries comprising around 82 percent of total air traffic.

Transportation 52

Transportation Airlines Industry Technical Review 52

Xicom

AUGUST 13, 2019

Company: Xicom Technologies. Xicom understands that today’s organizations face many challenges in their digital evolution journey and having expertise in emerging technologies like AI, Blockchain, IoT, AR/VR, Big data & Analytics and Cloud computing it delivers solutions that meet challenges. Company: FME Extensions.

Company 11

Company Development Team Review Real Estate Technical Review 11

Altexsoft

SEPTEMBER 9, 2019

500+ airlines. Template solutions: ready-built booking technology. Templates are white-label products and widgets that Expedia provides for airlines and other travel businesses that want to expand their travel portal with accommodation bookings. EPS Rapid is known for its rich tech capabilities and hotel content.

Travel 14

Travel Hotels Airlines Programming 14