In the age of disruptive business models and constant competition, the travel and hospitality industry, like most industries, needs to deliver services in real-time. The Covid-19 pandemic has created a significant shift in the industry with a greater demand for competitive pricing to prevent loss of market share, targeted marketing to build loyalty, optimizing company staff, real-time inventory tracking, all of which require real-time data analysis. Companies must reinvent themselves into agile, connected travel platforms that go beyond the realms of smart phones and other wearable devices.
Technology advances can enable highly personalized user experiences across a host of devices. For instance, form factors would not be limited to AR/VR glasses alone but extend to other wearables like contact lenses as well. Hearing devices could cater to selective hearing or provide real-time translation. However, these personalized experiences will further increase the need for heavy data management and processing as well as requirements for improved data privacy and security.
Meanwhile, customer preferences for better sanitary facilities, improved travel insurance coverage on trip cancellations, medical coverage, health checks and screening, touchless payments, etc. have also increased pressure on the industry.
Driving change to anticipate your needs
The travel and hospitality industry has risen to these concerns and opportunities in a revolutionary way, with cloud at the center. Here are a few purpose-built solutions targeted to anticipate customer needs.
Personalizing experiences
Processing data at scale and generating predictive insights can help deliver highly personalized experiences to surprise and delight customers. Towards this, cloud partners like AWS use a comprehensive range of AI/ML services coupled with targeted communications, marketing campaigns, and tailored recommendations across a variety of channels, to deepen brand loyalty.
For instance, McDonald’s says it has enabled a faster, easier, and more rewarding drive-through experience using AWS technology.
Staying connected
An IOT suite of products can help achieve seamless connected experiences across a host of devices. Computer-vision technology that analyzes images and videos, aids in identity verification and surveillance during travel. AI-enabled chatbots with natural-sounding human speech capabilities, engage with customers to manage bookings, field inquiries, collect feedback, and deliver 24×7 automated assistance. AWS provides customers omnichannel engagement, over scalable cloud solutions with reliable and personalized customer service.
For instance, Priceline, a leading online travel company, states that it has optimized customer service during 3x call volume increase.
Optimizing operations and IT
The airline industry uses forecasting for crew scheduling, fleet, and equipment management. Similarly, hotels predict guest inflow, make inventory adjustments, and release dynamic pricing offers. With real-time streaming and data processing capabilities, apps can be built to analyze video streams and live feeds from IOT devices. These detect fraud, which improves security and operational efficiency. AWS’ forecasting capabilities also provide actionable intelligence, based on ML, to help companies meet upcoming demands. It reduces IT costs by offering access to unused compute capacity at discounted prices and providing serverless technologies with pay-for-use billing model.
For instance, Domino’s Pizza says it has increased the speed of its service delivery by using AWS for predictive ordering.
Reducing carbon footprint
Hotels use smart IOT sensors and automated systems for facility management, energy management, predictive equipment maintenance, and water metering. AWS brings together AI, ML, and IOT devices to make travel more sustainable. By monitoring fuel consumption, AWS provides recommendations that can be used to reduce emissions. Route optimization using AI/ML models reduces flight lengths and therefore fuel use.
For instance, Qantas Airlines cloud-based flight simulator helps to save millions of dollars in fuel costs each year.
The travel and hospitality industry has witnessed a massive slowdown due to the Covid-19 crisis. However, the cloud has presented effective ways to swiftly innovate, deliver personalized connected experiences, improve security, and contribute to a greener environment.
Author Bio
tcs
E-mail: u.sircar@tcs.com
Ujjal Sircar is a technology leader within the Travel Transportation & Hospitality unit at TCS. Ujjal and his team helps enterprises build their digital transformation roadmap to enhance customer experience, increase operational efficiency, and enable digital growth. He along with his team have built solutions primarily for the Travel & Hospitality industry that enable enterprises to remain viable through agility and innovation. In his 20+ years of progressive IT career, Ujjal has assumed various responsibilities which include technology consulting, delivery direction, program management, and agile coaching. He is a distinguished Contextual Master in TCS and has a successful track record of working with leading enterprises spanning domains like Travel, Manufacturing, Life Sciences, and Human Resources.
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Cloud Computing