Data challenges in the travel & transportation industry
The travel & transportation industry is very wide and goes from a single stay in a hotel to the whole operation of, for example, an Airline company. Connecting travelers with their goals, travel companies work hard to avoid any risk of losing money in this billion-dollar market with brutal competition, so an agile ecosystem with advanced analytics is critical.
In the same way, companies are current developing data-driven pricing strategies and customer marketing programs that boost sales and revenue, increase customer loyalty, and reveal profit opportunities and anticipate problems. A challenge for an industry with a lot of companies doing the same thing.
Problems when using different solutions
Despite the challenges, travel companies are using data more often to reach as much travelers as they need. The problem is not if they are using data tools, but how. With the advance with mobile apps anyone can consult pricing of flights, hotels and nearly any related content and information. This consumer data must be leveraged by organizations that hope to grow in such a competitive environment.
Established Data Warehouse solutions offer different storage options, which are overly complex and do not ensure query speed or real-time availability - even when operating under pay-for-performance models. Not many handle time-series data streaming and even those that do treat time series as separate from non time series data. And we’re still in the topic of storage - there’s still the need to integrate with multiple different products from different vendors to integrate, explore and visualize this data, effectively transforming it into business value.
How SlicingDice empower the travel & transportation industry
The All-in-One Data Warehouse provided by SlicingDice offers a petabyte-scale analytical data warehouse which can leverage time series and non time series data alike.With our innovative pay-per-column pricing model, you can store unlimited rows per column for a fixed price, this means organizations can store as much data as they need, with low and predictable costs.
Unlike typical databases in the market, we offer in a single solution all the fundamental tools used by technical and business people, like DW, ETL, BI and ML, to transform companies' raw data into insightful business-oriented decisions and add real value to your business.
In a single solution travel & transportation organizations can start and scale their data initiatives, using our machine learning model to add predictive analytics to their strategy, ensuring they stay ahead of the competition by increasing efficiency in catering to clients’ needs - even before those clients realize they need something.
Data integration, preparation, exploration, visualization and machine learning, for a single price. Zero integration and maintenance.
Store time series and non-time series data in the same dimension. Query any data type you need for your analytics with ease.
Inserted data immediately available
No matter the insertion method, data stored in SlicingDice can be analyzed, visualized and leveraged within a couple of seconds.
Insert complex geoposition & geographic data
Full geoposition data support. Query it with every other data you have, obtaining results, making charts and predicting outcomes.