Description
A fireside chat on innovation between representatives of two of the most forward thinking travel groups…
Rashesh Jethi (SVP Engineering for Americas & Head of Innovation for Airlines for the world’s largest GDS, Amadeus) and Bess Chapman (Operating Principal for JetBlue Technology Ventures) discuss travel tech infrastructure, innovation, and possibilities at the Travel Disruption Summit presented by Voyager HQ, and sponsored by Amadeus and Fareportal.
In this episode:
What AI means for the travel industry
How everything has changed with hyper-cheap hyper-computing
Used to depend on massive investments for AI, and now it simply requires a lot of data and smart people
How machine learning sit on top of that, what it means when airlines and other travel business starts really knowing customers
Machine learning is one discipline of AI, and it means you feed computer data, makes sense of data, make more personalized recommendations, much potential in marketing
How it is a challenge that many players are at different maturity in technology stacks
Many are moving to open APIs to encourage growth and innovation
PHOTO CREDIT: EVA CRUZ, CROUCHING TIGER LLC
Regulation issues an inhibitor to innovation, but most regulation is to keep us safe
Be respectful of regulation that’s there
GDPR an example
What it means that not all travel providers can keep up with changes at the same pace
Antiquated innovation all around
The biggest white space for disruption in airports
Why airports will be the malls of the future
Airports can be an oasis of commerce and relaxation
Prescreening and biometrics, making screening fast track, frictionless
Identifying you as a traveler, then providing you a contextual experience and a reference to what is available around you
Amadeus believes in tapping into the creative energy of anyone, supporting innovation
Overhyped technology (personal opinion) is blockchain
Bags as a huge white space, RFID, and more
How NDC change Amadeus’ current setup, and the next evolution in standard with a lot of interest from customers
AR and VR in the travel space, ideal use-cases, and why they could just become another screen we get used to
Using VR to book trips and for in-flight entertainment, shopping, training – and what are the challenges?
A lot of opportunity for companies to help other companies make money
What is looked for by Amadeus venture fund
PHOTO CREDIT: EVA CRUZ, CROUCHING TIGER LLC
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