Incorporating analytics within business processes for decision making is not new. In the early 1980s, airlines began adopting yield management systems to maximize profit or revenue by managing price and inventory availability. During the 20 years that followed, hotels, cruise lines, and car rental agencies began using revenue management systems to forecast demand and optimize inventory offerings by price and length of stay (or rental).
With the advent of price optimization software, travel and transportation organizations are now able to optimize prices based on demand. Aside from price, other factors such as convenience, past experiences, amenities, social media comments (ratings and reviews), and loyalty and reward points play a part. For continued success, the industry needs to expand analytic usage for a deeper understanding of customers, preferences, brand perception and digital behavior.
As companies continue to transform and digitize, they find themselves connecting a spectrum of sensors, devices, machines and vehicles that generate a flood of actionable data. For countless industries, this means big opportunities to find insights and efficiency across the Internet of Things (IoT) and – ultimately – greater profits.
We invite you to this exclusive session on May 24, 2017, and learn:
• Reduce cost and raise productivity by collecting, managing and analyzing data where it lives;
• Respond quickly and confidently to changing conditions, and claim new market opportunities as you tap into the full potential of all your data to make better-informed business decisions; and
• Skip complexity when you streamline and automate processes across your infrastructure for incremental and long-term business gains.
|01:00 – 02:00 PM||Registration|
|02:00 – 03:30 PM||Business Session|
|03:30 – 04:00 PM||Q&A|
|04:00 – 04:30 PM||Snacks and Networking|
Date: May 24, 2017 (Wednesday)
Time: 1:00 PM to 04:30 PM
Venue: SAS Hub – 9th Flr. BDO Equitable Tower, 8751 Paseo de Roxas, Makati City