Connect with us
European Gaming Congress 2024

Artificial Intelligence

Artificial Intelligence (AI) in Travel and Tourism Thematic Intelligence Report 2023

Published

on

Dublin, Aug. 03, 2023 (GLOBE NEWSWIRE) — The “Artificial Intelligence (AI) in Travel and Tourism – Thematic Intelligence” report has been added to ResearchAndMarkets.com’s offering.

This thematic research report delves into the profound impact of artificial intelligence (AI) on the travel and tourism industry. With a comprehensive industry analysis and real-life case studies, this report examines the players affected by this theme and highlights how companies are responding to its influence on their operations.

AI has emerged as a pivotal component in the travel and tourism sector, transforming various aspects of the travel journey, from inspiration to the overall experience. Over the years, the industry has witnessed significant changes driven by factors like globalization, changing consumer preferences, and technological advancements.

However, the recent COVID-19 pandemic and geopolitical shifts have brought additional challenges to the industry. Amidst these transformations, AI’s role in the sector is expected to grow exponentially by 2030. As a consumer-focused sector, embracing AI can enhance operational efficiency and address critical challenges.

However, it is essential to strike a balance and preserve the human touch, particularly in the luxury segment, as AI continues to shape the future of travel and tourism.

Advertisement

Key Highlights

AI-driven technologies are disrupting the travel and tourism sector. AI can analyze huge amounts of data, generating valuable insights that enhance the customer experience and boost operational efficiency. With AI, making travel arrangements become easier as it offers automated and customized services. AI automates repetitive and time-consuming tasks, reducing waiting times and costs while freeing up employees to focus on more critical responsibilities and addressing chronic staff shortages.

AI provides effective resource management strategies and streamlines processes, increasing enterprise profitability. Its influence extends to marketing strategies, enabling personalized ad targeting and increasing marketing and sales content on social media platforms to enhance customer engagement.

Generative AI can analyze extensive customer data, such as travel history and preferences, to generate personalized recommendations for destinations, activities, and itineraries. Online travel agencies (OTAs) started investing in this technology to enhance customer service and offer unique and tailored travel experiences.

AI is a clear opportunity for the travel industry, but companies need to figure out how to use it in a targeted and strategic way rather than taking a scattergun approach. AI enhances the travel experience and complements it. However, it cannot replace the human touch, especially in situations where empathy is crucial. Therefore, travel companies must blend digital innovation with a personalized communication strategy to optimize customer satisfaction.

Advertisement

Scope

  • This report provides an overview of the AI theme. The detailed value chain comprises of four segments: human AI interaction, decision-making AI, motion, and creation. Leading and challenging vendors are identified across both segments.
  • It identifies travel and tourism challenges, such as ESG, operational efficiency, and the COVID-19 hangover, and an impact assessment of AI on the travel and tourism industry, addressing these challenges.
  • Several case studies are included to analyze the multiple ways countries and companies have responded to the impact of this theme’s growth and what they are doing to grow with this theme.

Reasons to Buy

  • This report will help you to understand AI and its potential impact on the travel and tourism sector.
  • Benchmark your company against your competitors and assess how travel and tourism companies are utilizing AI to drive revenues.
  • Identify attractive investment targets by understanding which companies are most advanced in the themes that will determine future success in the travel and tourism industry.
  • Develop relevant and credible sales and marketing messages for travel and tourism companies by understanding key industry challenges and where AI use cases are most useful.
  • Develop and design your corporate strategies through an in-house expert analysis of artificial intelligence by understanding the primary ways in which this theme is impacting the travel and tourism industry.
  • Position yourself for future success by investing in the right AI technologies.

Key Topics Covered:

  • Players
  • Travel & Tourism Challenges
  • The Impact of AI on Travel & Tourism
  • Case Studies
  • AI Timeline
  • Market size and growth forecasts
  • Signals
  • AI Value Chain
  • Companies
  • Sector Scorecard
  • Glossary
  • Further Reading
  • Our Thematic Research Methodology
  • About the Publisher
  • Contact the Publisher

A selection of companies mentioned in this report includes

  • ABB
  • Aifnet (Deep Dream)
  • Aiva Technologies
  • Alibaba
  • Alpha MOS
  • Alphabet (Google Waymo)
  • Amadeus Code
  • Amazon
  • Apple
  • Aromyx
  • Artbreeder
  • Aryballe
  • Aurora
  • Baidu
  • Basler
  • Big Sleep
  • Boomy
  • Cognex
  • DeepAI
  • Ecrett Music
  • Generic Robotics
  • Festo
  • GM (Cruise)
  • Hugging Face (Bloom)
  • Hyundai (Boston Dynamics)
  • IBM
  • iFlytek
  • iRobot
  • Jasper Art
  • Kernel
  • Keyence
  • Lockheed Martin
  • Megvii (Face++)
  • Merative
  • Meta
  • Microsoft
  • Midea (KUKA)
  • Mobileye
  • Motional
  • NightCafe
  • Neuralink
  • Northop Grumman
  • Nvidia
  • Odometric
  • Omron
  • OpenAI (DALL-E 2
  • GPT-4
  • MuseNet)
  • Oracle
  • Output
  • Paradromics
  • Pony.ai
  • Robotiq
  • SAS
  • SenseTime
  • Shutterstock (Amper)
  • StarryAI
  • Synchron
  • Tangible Research
  • Tastewise
  • Tencent
  • Teradyne
  • Tesla
  • Thales Group
  • WOMBO (Dream).
  • Aiir Innovations
  • Aervio
  • BagsID
  • Cisco
  • Clarifai
  • Egencia
  • Hopper
  • Josh.ai
  • Pangiam
  • Persado
  • RapidMiner
  • Reltio
  • Saab
  • Sabre
  • SenseTime
  • SITA
  • Snowflake
  • SoundHound
  • SparkCognition
  • Winnow.
  • Accor
  • Airbnb
  • Booking Holdings
  • Comcast
  • Delta Air Lines
  • Didi Chuxing
  • Dubai Airports Company
  • easyJet
  • eDreams
  • Emirates
  • Expedia
  • Fraport
  • Hilton Worldwide Holdings
  • InterContinental Hotels Group
  • Los Angeles World Airports
  • Lyft
  • Melia
  • Qatar Airways
  • Royal Schiphol Group
  • Shanghai International Airport
  • Trip.com
  • Turkish Airlines
  • Uber
  • Walt Disney

For more information about this report visit https://www.researchandmarkets.com/r/tefc1

Source: GlobalData

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

TeraBox Celebrates 2nd Anniversary of Its Massively Popular Referral Program

Published

on

terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program

Continuously expanding webmaster signups, especially in multiple regions, along with new highs in webmaster payouts, has ensured the smooth operation and continuous development of the project.
TOKYO, Sept. 21, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, recently celebrated the second anniversary of its hugely popular Referral Program, a testament to the smooth operation and continuous development of the project. The number of webmaster signups, including in multiple new regions, continued to increase steadily with webmaster payouts reaching new highs.

TeraBox reveals some of its impressive Referral Program data.
TeraBox’s total number of webmasters worldwide reached over one million.The highest daily income of webmasters reached over $10,000, with the top earner making nearly $180,000.The total number of shares by all webmasters exceeds 500 million.The network of webmasters spans across the globe, including countries such as India, Indonesia, the United States, Latin America, Middle East, and South Korea. Moreover, as TeraBox’s influence continues to grow, the platform is excited to welcome many new webmasters from an expanding range of countries and regions.
TeraBox has achieved significant milestones, demonstrating its sustainable growth and increasing user impact. The journey started with the Webmaster Center launch in August 2022. Following this, several optimizations were implemented, including a self-withdrawal feature that simplified earnings management for webmasters and increased their engagement. Additionally, the Growth Analysis tool provided webmasters with valuable insights into their operational performance, enabling more effective decision-making.
As a result of these enhancements, both the number of participating webmasters and their earnings have seen remarkable increases. Looking ahead, the upcoming launch of the Webmaster App in September 2024 is set to further elevate user engagement and convenience, solidifying TeraBox’s position as an industry leader.
About TeraBox
TeraBox, developed by Flextech Inc. in Japan, is a leading global cloud storage solution. Headquartered in Tokyo, TeraBox proudly serves over 320 million users globally, providing an easy yet powerful way to store and manage data. With its generous 1TB of free storage, TeraBox ensures that your files are safe, secure, and accessible from anywhere. As a secure, reliable, and convenient service, TeraBox is certified with ISO 27001, ISO 27701, and ISO 27018, offering individual users around the world the opportunity to register for 1TB (1024GB) of free storage.
Photo – https://mma.prnewswire.com/media/2510913/image_5016964_39376930.jpg

View original content:https://www.prnewswire.co.uk/news-releases/terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program-302254411.html

Continue Reading

Artificial Intelligence

Huawei Cloud: One Step to Intelligence, One Leap to Excellence

Published

on

huawei-cloud:-one-step-to-intelligence,-one-leap-to-excellence

SHANGHAI, Sept. 20, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei Cloud hosted a Summit themed “One Step to Intelligence, One Leap to Excellence”, gathering global industry leaders to explore the intelligent transformation trend, share pioneering cases, and assist customers in their journey to cloud-based operational excellence. At the summit, Huawei Cloud and global customers, unveiled the Data Center-to-Cloud solution and the PRIME Framework white paper.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said: “Customers’ support enables us to innovate with finance, retail, autonomous driving, the Internet and many other sectors. By combining cutting-edge technologies with industry know-how, Huawei Cloud paves your way to digital and intelligence.”
Kevin Gao, President of Huawei Cloud Public Cloud Business, presented a keynote speech “One Step to Intelligence, One Leap to Excellence”. He outlined three critical factors for accelerating cloud migration and AI use: global infrastructure, continuous technological innovation, and lean operations.
In terms of global infrastructure, Huawei Cloud’s global infrastructure, KooVerse, offers extensive coverage, exceptional experience, and excellent quality. With 33 Regions and 93 Availability Zones (AZs) worldwide, Huawei Cloud supports over 10,000 customers in achieving business globalization. Huawei Cloud has interconnected with over 2,400 peers of global carriers, ensuring one hop to cloud and global business deployment for customers. Huawei Cloud data centers achieve Tier IV reliability.
Technological innovation is at the heart of Huawei Cloud’s mission to accelerate enterprise transformation. At this summit, three key areas were highlighted: compute upgrade, data-AI convergence, and application innovation.
The Data Center-to-Cloud solution released by Gao offers data center facilities, intelligent O&M, and DCN as a service, allowing customers to easily relocate and run dedicated compute resources on Huawei Cloud.
Huawei Cloud’s Ascend AI Cloud Service enables training jobs to run non-stop up to 40 days, shortens the fault recovery time to 10 minutes, and increases the linear scalability to 90% (the industry average are 2.8 days, 60 minutes, and 80%, respectively).
Huawei Cloud’s deterministic operations system has been adopted by over 300 global customers, maintaining a strong security record with zero intrusions and zero data breaches. 
DeFacto from Türkiye leverages Huawei Cloud’s cloud native solution with Cloud Container Engine (CCE) and streamlines their services.
Huawei Cloud helps Chery to deploy, use, and manage the cloud. Currently, Huawei Cloud nodes in more than 10 countries and regions are providing services for Chery.
NavInfo has adopted Huawei Cloud’s R&D expertise and CodeArts software development pipeline to establish efficient development management standards and efficiency measurement systems.
Kingsoft and Huawei Cloud have collaboratively developed an excellence framework to optimize cost management.
Tencent Music’s Tianqin Lab has developed the MUSELight AI model acceleration framework, utilizing Huawei Cloud’s Ascend AI Cloud Service.
At the end of the summit, Huawei Cloud and global customers jointly released the Enterprise Excellence PRIME Model White Paper. This white paper offers a reference framework for enterprises to leap to excellence with digital and intelligent technologies.
Photo – https://mma.prnewswire.com/media/2510990/Jacqueline_Shi_President_Huawei_Cloud_Global_Marketing_Sales_Service.jpgPhoto – https://mma.prnewswire.com/media/2510991/Kevin_Gao_President_Huawei_Cloud_Public_Cloud_Business.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/huawei-cloud-one-step-to-intelligence-one-leap-to-excellence-302254392.html

Continue Reading

Artificial Intelligence

Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ

Published

on

autonomous-mobile-robots-(amr)-market-to-cross-$10-billion-tam-with-around-500k-amrs-shipment-by-2030-–-logisticsiq

NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.

Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938 
Photo: https://mma.prnewswire.com/media/2510643/Autonomous_Mobile_Robots_Market.jpgLogo: https://mma.prnewswire.com/media/2320412/LogisticsIQ_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/autonomous-mobile-robots-amr-market-to-cross-10-billion-tam-with-around-500k-amrs-shipment-by-2030—logisticsiq-302253915.html

Continue Reading

Trending