While many industries have stayed current with technology trends and established industry standards, real estate is a notable exception. Perhaps it’s the notable exception when you consider that real estate is the largest commodity in the world, with an estimated USD $217 trillion valuation. The industry is fragmented and antiquated in numerous ways, with technology being right at
Tourism and hospitality industries are often defined as a system of innovation and production systems. Technology has played an important role in achieving economic growth by generating an economy for traveler to travel. The expansion and recruitment of air travel as travelers to different locations is an important technology contribution in the tourism and tourism industry.
Artificial intelligence (AI) and machine learning are just two of the technologies that are currently having a significant impact on today’s enterprise. And the appetite is growing. Of course, the common misconceptions of AI have been well discussed—that it will lead to robots taking all of our jobs in the future. By 2030, up to
The emergence of technology promotes travel and tourism industry changes on how companies interact with customers. Accordingly, travel companies adopt various technologies to enhance operational efficiencies and meet customer expectations, according to leading companies. Most of travel companies using various technology to engage with customer when customer in traveled. If travel companies want to success
Internet, technology solutions, software and hardware, and the mode of communication has made the process easier for the travel industry participants. Technology has brought efficiency, automation, customer intelligence with data, and more business opportunities to be offered to different customer needs, rapid development in the market, innovation in product and service offerings, travel data and
Have a look at our shortlist of the biggest benefits that virtual reality provides to real estate agents. 1. Saves Time This is probably the biggest benefit – virtual reality solutions save time for both clients and realtors. Thanks to VR, there’s no need to travel from one property to another and sit in traffic
The Aerospace and Defense (A & D) organization is not a new thing in the Internet of Thing (IoT). In industries where the second split decision is made daily, IoT sensors and automation are commonplace. The amount of data generated by average aviation is enough to divert the mind. For example, a single engine plane
United States Department of Agriculture Food Composition Databases makes an estimate of 30% of all food products in US are thrown away and this is due to an inefficient supply chain. British have combined robotics and Artificial Intelligence to digitize the field with aim to give the farmer information on their land, highlights the best
Usually, big natural resources companies will focus on maintenance and operation to ensure all the natural resources can be processed in large quantity of product. To make it happen, they spend a lot of money to implement an innovation in their maintenance and operation. The equipment is custom-build depends on scale and remote operation of