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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). And it’s not just applications development where such tools are having an impact.

Budget 363
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RevPAR: A Vital Hotel KPI And Strategies To Improve It

Altexsoft

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. In this article, we will delve into the concept of RevPAR, its benefits and drawbacks, and how it compares with other KPIs. What is RevPAR in hotel revenue management?

Hotels 59
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The Three Areas Successful Marketing Organization Invest In

IDC

This KPI compares the number of marketing staff with the company’s overall staff. Thanks to technology like artificial intelligence and machine learning, marketers can now target the perfect customer. Download “The Technology Marketer’s Guide to Developing a Thought Leadership Strategy”: READ eBOOK.

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The Ultimate Guide to Cloud Computing: What Your Business Needs To Know

OTS Solutions

Our experts can help you in developing your next world-class cloud softwares. Free Consultation Top Cloud Computing trends to look forward to: More artificial intelligence and machine learning-powered clouds: Cloud providers are using AI (Artificial Intelligence) and ML-based Algos to handle enormous networks in cloud computing.

Cloud 130
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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

Based on historical data, you can predict when the demand will increase or decrease, and develop the right distribution strategy. KPI tracking. The last point is of special importance, because the KPIs define the success of the whole strategy. KPIs in hotel revenue management. Competitor analysis. Yield management.

Hotels 66
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Serendipity systems: architecting personalization systems at scale

Capgemini

Linking analytics to outcomes and a holistic set of KPIs is needed to monitor the health of recommendation systems and understand their impact (intentional or otherwise). Volume of experimentation can be a valuable KPI unto itself. “If The best personalization systems are built from strong data-powered cultures.

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Data architecture characteristics & principles

Apiumhub

The data architect is typically responsible for defining the target state, aligning during development and then following up to ensure enhancements are done in the spirit of the original blueprint. Data architecture uses machine learning and artificial intelligence to build the data objects, tables, views, and models that keep data flowing.