Altexsoft

JUNE 6, 2019

Fast checkout, personalized recommendations, or instant access to customer care at any time are a few services that can be implemented with the help of artificial intelligence. Let’s find out how retailers invest in high tech to impress customers in physical stores and use tools to increase efficiency and speed of their operations.

Artificial Inteligence 89

Artificial Inteligence Artificial Intelligence Retail Innovation 89

Altexsoft

FEBRUARY 5, 2020

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style. This changes the game for marketers.

Artificial Inteligence 110

Artificial Inteligence Machine Learning Marketing How To 110

TechCrunch

AUGUST 27, 2021

The early-stage startup has invented tech that attaches to the trolley and uses cameras to detect and label products, adding them to a virtual cart where shoppers can checkout without ever interacting with a human or waiting in a line. . The company says the tech is there, it just needs to scale. .

Technical Review 215

Technical Review Retail Hardware Off-The-Shelf 215

Cloudera

JULY 24, 2023

In their effort to reduce their technology spend, some organizations that leverage open source projects for advanced analytics often consider either building and maintaining their own runtime with the required data processing engines or retaining older, now obsolete, versions of legacy Cloudera runtimes (CDH or HDP).

Open Source 68

Open Source Analytics Software Review Metrics 68

Altexsoft

SEPTEMBER 6, 2018

Data science and artificial intelligence are hot media topics. An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Our clients considered working with large datasets a big data problem. For instance, we had such a case in our work.

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

SEPTEMBER 7, 2021

However, with the advancement of technology and the introduction of digital platforms, insurers can now frequently interact with clients, collect their data, provide personalized services and loyalty programs. Check our article on insurance technologies to have a broader overview of innovation in the industry.

Insurance 59

Insurance Technical Review Strategy Technology 59

O'Reilly Media - Ideas

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). A lot to learn, but worthwhile to access the unique and special value AI can create in the product space. Why AI software development is different.

Product Management 136

Product Management Artificial Inteligence Machine Learning Weak Development Team 136

Sunflower Lab

JANUARY 9, 2019

But, it depends on various factors which will determine whether to build custom software or buy pre-built software (off-the-shelf software) from the market. Custom software allows a lot of flexibility when it comes to integration with existing systems but, is costly as compared to off-the-shelf software.

Off-The-Shelf 58

Off-The-Shelf Software Review Technical Advisors Software 58

Altexsoft

MAY 5, 2023

Artificial Intelligence (AI) is one of the crucial catalysts for this innovation: It has enormous potential to revolutionize various facets of vacation and short-term rentals. This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

MARCH 28, 2022

According to the Global Vacation Rental Report 2022 , 40 percent of property managers rely on market business intelligence (BI) or analytics services, a big leap compared to just 13 percent before the COVID-19 outbreak. Having relevant observations and powerful analytics tools at hand, property managers can.

Analysis 52

Analysis Data Software Review Technical Review 52

Altexsoft

APRIL 13, 2023

“Control towers are the artificial intelligence (AI) of supply chain. Source: Supply Chain Dive Over the last few years, global supply chains have been so severely disrupted – but also enhanced with cutting-edge technologies. Everyone wants to have it, but nobody quite knows how it works.”

Technical Review 59

Technical Review Software Review Analytics Systems Review 59

Altexsoft

AUGUST 9, 2023

.” It has become an integral tool, ensuring the travelers’ comfort and the operations’ cost-effectiveness and efficiency. This guide delves deep into the specifics of building a custom B2B travel booking platform specifically tailored for corporate travel. Legacy GDS limitations. Different booking flow.

Travel 52

Travel B2B Off-The-Shelf Hotels 52

Altexsoft

NOVEMBER 11, 2019

But there are technologies to improve the accuracy of demand forecasting. Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. What is the top pain point for business executives?

Artificial Inteligence 14

Artificial Inteligence Machine Learning Analytics Technical Review 14

CIO

JULY 21, 2023

So as organizations face evolving challenges and digitally transform, they offer advantages to make complex business operations more efficient, including flexibility and scalability, as well as advanced automation, collaborative communication, analytics, security, and compliance features. Cost overruns have been another significant concern.

Technical Review 246

Technical Review Weak Development Team Development Transportation 246

Altexsoft

APRIL 13, 2021

In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. And the claim filing process being the biggest influencer of customer satisfaction , let’s look at the ways technology can bring revolutionary change to costs, operations, and customer experience. Of course, not.

Artificial Inteligence 87

Artificial Inteligence Machine Learning Insurance Technical Review 87

IDC

SEPTEMBER 11, 2019

Artificial intelligence (AI) adoption is at a tipping point, as more and more organizations develop their AI strategies for implementing the revolutionary technology within their organizations. Many SaaS and cloud-based technologies first disrupted this pricing model by introducing the cloud-based subscription model.

Artificial Inteligence 9

Artificial Inteligence Artificial Intelligence Organization Off-The-Shelf 9

Altexsoft

JUNE 25, 2022

percent in 2020 due to pandemic restrictions, in 2021, the industry saw a rise up to 6.1 Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud.

Travel 52

Travel Software Review Software Airlines 52

O'Reilly Media - Ideas

MAY 17, 2022

If you constantly review how the two parties interact, you can look for opportunities to mitigate their risk, create new services, or otherwise reduce friction. Note how eBay’s review system provides extra assurance for buyers and sellers to trade with people they’ve never met. Probably in the long term, as well.

Technical Review 57

Technical Review Software Review Systems Review Off-The-Shelf 57

Altexsoft

JUNE 11, 2021

an also be described as a part of business process management (BPM) that applies data science (with its data mining and machine learning techniques) to dig into the records of the company’s software, get the understanding of its processes performance, and support optimization activities. What is process mining? Process mining ?an

Applications 69

Applications Weak Development Team Systems Review Software Review 69

Altexsoft

NOVEMBER 11, 2019

But there are technologies to improve the accuracy of demand forecasting. Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. What is the top pain point for business executives?

Artificial Inteligence 8

Artificial Inteligence Machine Learning Analytics Technical Review 8

Altexsoft

OCTOBER 15, 2018

Before we learn about the software, let’s start with the main airport operations. Imagine an airport. What are the first things that come to mind? A cavernous terminal, information displays, long queues, baggage claim conveyors, arriving aircraft waiting to be fueled and catered for imminent departure. Airport operations breakdown.

Software Review 75

Software Review Software Technical Review Technology 75

O'Reilly Media - Ideas

AUGUST 8, 2019

As companies begin to explore AI technologies, three areas in particular are garnering a lot of attention: computer vision, natural language applications, and speech technologies. Companies are awash with unstructured and semi-structured text, and many organizations already have some experience with NLP and text analytics.

Guidelines 44

Guidelines Applications Artificial Inteligence Off-The-Shelf 44

Altexsoft

OCTOBER 25, 2021

“AI is technology’s most important priority, and health care is its most urgent application,” said Microsoft’s CEO Satya Nadella announcing the company’s new acquisition. What is Natural Language Processing? This allows machines to extract value even from unstructured data. Nuance, acquired for $19.7 Source: Linguamatics.

Healthcare 52

Healthcare Analysis Software Review Systems Review 52

Altexsoft

MARCH 30, 2022

on-site spa and fitness services that go far beyond the basics of a room and take the trouble of booking them off the guests’ shoulders; on-site food and beverage options such as happy hour menus, dining discounts and packages, vending machines on floors, and the service of meals in rooms; and. Let us remind you of a few key moments.

Hotels 59

Hotels Tools Strategy Off-The-Shelf 59

Altexsoft

APRIL 24, 2019

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Pricing tools evaluate a large number of internal (stock or inventory, KPIs, etc.) Pricing automation.

Artificial Inteligence 73

Artificial Inteligence Machine Learning Software Review Retail 73

Cloudera

SEPTEMBER 7, 2023

With the emergence of new creative AI algorithms like large language models (LLM) fromOpenAI’s ChatGPT, Google’s Bard, Meta’s LLaMa, and Bloomberg’s BloombergGPT—awareness, interest and adoption of AI use cases across industries is at an all time high. But it’s also fraught with risk.

Insurance 85

Insurance Artificial Inteligence Data Open Source 85

Altexsoft

FEBRUARY 8, 2021

These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development. Optimization opportunities offered by analytics. Supply chain management process.

Business Intelligence 87

Business Intelligence Analytics Analysis Data 87

Altexsoft

FEBRUARY 22, 2022

And breakdowns are just too expensive, especially at a fleet-wide scale (not to mention risking drivers’ lives, losses due to unfulfilled contracts and related downtime, and customer dissatisfaction). Taking good care of your fleet assets pays off by prolonging their lifecycle, increasing efficiency, and reducing the probability of failures.

Software Review 52

Software Review Technical Review Software Technology 52

Altexsoft

JULY 22, 2022

And while you as a terminal manager might not have power over global problems, what you can do is optimize your operations and implement technology to streamline workflows and decrease processing time. The study states that one-fifth of the global container ship fleet is stuck at various major ports. Main terminal challenges.

Operating System 52

Operating System Systems Review System Technical Review 52

Altexsoft

AUGUST 11, 2022

So, let’s talk about how modern technology can help you manage your rail fleet. Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. All the rest are smaller, regional/short-line operators that connect industries to supply sources (e.g., What is fleet management in railways?

Technical Review 52

Technical Review Industry Technology IoT 52

Altexsoft

APRIL 1, 2021

While hardware robots remain in the realm of investment-heavy manufacturing, software robots became increasingly popular in office work due to the rise of Robotic Process Automation or RPA. For a more in-depth look, check our articles on different aspects of this technology: Robotic Process Automation technology overview.

Development 111

Development Software Review Technical Review Artificial Inteligence 111

Actian

NOVEMBER 25, 2019

This is certainly the case with Edge Intelligence and the factors that are driving it. Let’s look at why flat files are not optimal in handling this confluence of new compute resources and the desire to leverage them for the coming fusion of Industrial Internet of Things (IIoT) and Artificial Intelligence (AI).

Artificial Inteligence 40

Artificial Inteligence Machine Learning Off-The-Shelf Systems Review 40

Altexsoft

MAY 20, 2022

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 billion, Delta’s Skymiles was estimated at $33.1 billion, United’s MileagePlus – $28.7 billion, and so on.

Airlines 52

Airlines Programming Technical Review Technology 52

Altexsoft

SEPTEMBER 16, 2021

Digital twins play the same role for complex machines and processes as food tasters for monarchs or stunt doubles for movie stars. The key technology driving DTs is the Internet of Things (IoT) sensors which initiate the exchange of information between assets and their software representation. Digital twin system architecture.

IoT 64

IoT Technical Review Technical Advisors Energy 64

Altexsoft

OCTOBER 17, 2019

Low-quality data can also impede and slow down the integration of business intelligence and ML-powered predictive analytics. Data is the lifeblood of an organization and its commercial success. You probably heard these words from a conference lecturer or saw similar headlines online. Flaws in data can lead to different outcomes.

Tools 16

Tools Data Technical Advisors Technical Review 16

Altexsoft

DECEMBER 10, 2019

And that episode was not a one-off. 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. Something that happens quite often nowadays. The first generation: legacy systems.

Airlines 18

Airlines Systems Review System Travel 18

Datica

JUNE 17, 2019

To learn more about the progress made and promising ways to simplify inteoperability, we reached out to a panel of healthcare IT pros and asked them to answer this question: “What’s the single best way to simplify interoperability in healthcare IT?”. Jibestream. Chris Wiegand is the CEO & Co-Founder of Jibestream.

Healthcare 40

Healthcare Blockchain Technical Review Systems Review 40