Forecasting is always somewhat of an estimation for the future, even when based on advanced mathematics and incorporating other data and sources to improve accuracy. This post is not intended to delve deeply into the maths, but rather to get your thoughts or feedback on some of the influences you have seen, especially the outliers.
We are in the transportation industry; we like to travel. We still think that face to face is by far the best way to develop relationships, impart knowledge, conduct training, and ensure our clients can get the best out of our solutions. One of our recent blogs (Link) noted how our release planning had been
In just a timeline of two years, our lives have drastically changed due to the Covid-19 Pandemic. Having to go through the lockdowns and social distancing ourselves, our daily lives’ have been completely disrupted. Many companies, factories and industries are down and among them, aviation is the one that has been hit the most. Airlines
As we write up these blogs to share with you, we typically have a process in place. This process has certain timelines and deadlines involved and obviously missing these deadlines has an impact on delivery. Where loading schedules in the airline industry is relatively straightforward, for the majority of the cruise ferry clients loading schedules
At RTS, we constantly invest and investigate the use of new platforms into our development methodology. Flex-code has been gaining ground in the IT world and we are exploring the deployment of this methodology and concepts before getting into action. Every year, enterprises spend almost $500 billion on building Bespoke Software solutions. The common saying
While embarking on artificial intelligence in the airline business, most of us assume that you need vast amount of datasets to get started. No doubt that AI is fueled by data, and so it only makes sense that the more data you have, the smarter your AI gets, right? Not exactly. How does one carve
Certainly is puzzling, but let me share my experiences and thoughts on this rule. I remember my very first active role in working on a major new business development activity with a very large international airline. I never thought that I had the qualities of a salesperson. Growing up in a family of teachers and
Businesses today face a start reality: anticipate, respond, and react to the growing demands of the market place or perish. This is even more pressing in our travel and transportation industry. In a fiercely competitive environment, business strategy not only determines success, it governs business survival. But time and again, we see massive failures and
One of the things that we have been hearing a lot about lately is the ability for real-time optimization of a single departure or a group of departures. This has many benefits for those departures that tend to get a significant number of bookings in the last few hours prior to departure – especially in