AI Use Case
Personalise flight recommendations to target individual consumers in time sensitive and dynamic market
Personalise product recommendations to target individual consumers reflecting multiple pricing, product and service preference indicators. The time sensitive nature of the product offering increases the need to find an appropriate market-clearing price.
Function
Benefits
Revenue - Pricing optimisation,Revenue - Product optimisation,Revenue - Better targeting
Case Studies
United Airlines~United Airlines manages overbooking issues and last minute changes in flyer travel plans with machine learning,30SecondsToFly~30SecondsToFly struggles to scale the automation of SMB corporate travel management with the deployment of text chatbots
Potential Vendors
IBM
Industry
Transportation
Airlines
Data Sets
Structured / Semi-structured
AI Technologies
Machine Learning (ML),ML Task - Action Selection - Reinforcement Learning