Cycle counting is an inventory management method that enables you to count products or items in a particular warehouse location without interrupting operations to perform a full physical inventory.

Inventory counting is a critical process in warehousing because it provides a clear picture of items on hand, aids in maintaining optimal inventory levels, and allows for data-driven inventory forecasting. When done manually, inventory counting is a time-consuming and error-prone process.

The following are some of the most common issues that customers encounter when automating inventory counting:

• Inventory count procedures and matching of insights gained to inventory records take time.

• Full inventory counting may cause delays in certain manufacturing or warehouse operations.

• Employees are diverted from routine and strategic tasks that cannot be automated.

• Inventory counting is a time-consuming process prone to human error and bias, impacting inventory reports and balance sheets.

Inventory counts can help you improve your inventory management.

You already know how important it is to keep track of your inventory, whether you’re new to the game or a seasoned professional. That doesn’t make the task any less daunting or enjoyable.

In this article, we will discuss how to make stock counting easier by covering the following topics:

• What exactly is an inventory count?
• Why is it significant?
• Inventory Counting Types
• Using technology to count inventory

What is an inventory count?

An inventory count, also known as a stock count, is the process of tracking the inventory items in your warehouse that are available for sale. There are several methods for counting inventory, which best depend on factors such as the size of your business, frequency of counts, automation, and other factors.

5 Technologies to Simplify your Warehouse Management

Warehouse Management is not just how much space you got but how you use it! Definitely, technologies play a key role in shaping your business and managing your warehouse. What are the top technologies you should adopt to manage your warehouse? Let’s discuss!

Why is it significant?

Inventory counting is essential because it informs you of the amount of inventory on your shelves at any time. However, there are various other reasons why stock counts must be performed regularly.

A few of those include:

• Avoiding stock outs or overstocking: Maintaining a regular inventory count gives you more information for demand forecasting-better planning results in optimized stock levels, which means less revenue lost.

• Recognizing and preventing loss: Knowing what’s on your warehouse shelves allows you to identify when stock has passed its shelf life and when some of your inventory goes missing.

• Improved accuracy: Knowing your stock levels provides greater clarity for your entire supply chain.

Inventory counting is essential because it tells you how much inventory is on your shelves at any time. However, there are numerous other reasons why regular stock counts are necessary.

Types of Inventory Counts

As previously stated, the method you use to count your inventory can be influenced by various factors. Among the most common methods of inventory counting are:

Periodic inventory: Periodic inventory is a method used by businesses just starting with inventory control. It entails counting the entire stock on a weekly or monthly basis. While you will have an accurate count at the end of the day, those figures will not last long.

Inventory cycle counting: Inventory cycle counting is used when periodic counts become too frequent. It entails counting a portion of your inventory each day for a month to count the entire stock. These counts can identify discrepancies and trends in damage, shrinkage, and spoilage.

ABC counting: This method employs cycle counting but incorporates more data. This entails prioritizing your products based on their price and popularity. “A” items are the top 20% of items that sell the fastest and are the most valuable. The bottom 20% of items are “C,” and everything in between is “B”.

“A” items are counted the most frequently, such as daily or weekly, “B” items less regularly, and “C” items the least often. This makes managing your stock counting calendar easier while maintaining a more accurate picture of your inventory levels.

Just-in-time inventory: Just-in-time inventory (also known as JIT inventory) is a method for when a supply chain is in sync. It coordinates receiving raw materials from the supplier as a customer purchases it, reducing waste in the form of inventory housing costs. However, this is risky because a single hiccup in the supply chain can disrupt the entire process.

Best Practices for Inventory Counting through technology

Conventional manual inventory counts are performed on paper by hand. However, this procedure is time-consuming and prone to human error. You can use technology to speed up and improve the accuracy of stock counts.

The following are some examples of inventory counting technology:

• Barcoding/RFID
• Lot control
• Enterprise resource planning (ERP) software

Barcoding/RFID

One method of tracking inventory levels and movements is barcodes, RFID, or QR codes. Although some manual labor is involved in this automated process, inventory management is automated. To begin, determine whether your product already uses a format that you can use, such as UPC codes. Then decide where you want to add barcodes and what type to use.

Lot control

By this method, You can easily locate and track items for details like expiration dates, recalls, country of origin, materials, and more by assigning a lot ID to each item in your inventory. Lot control uses the ID to ensure regulatory compliance by, among other things, shipping items that cannot be combined separately, identifying hazardous materials, and restricting sales to licensed customers.

Enterprise resource planning (ERP) software

As your inventory system improves in stock counting, use ERP software to track your inventory. Automated counting tools are not only available but also the norm. Cycle counting is performed regularly by ERP software; The results are then used to guide the rest of your inventory process. Furthermore, your inventory data is always up to date and available across your organization, ensuring that everyone in the supply chain is on the same page.

In summary

Most of you reading this might already do stock counts regularly. Or perhaps your company is growing, and your current method of stock counting is no longer adequate. Regular, pre-determined inventory counts are critical to business and revenue growth through technology or a different method of calculating stock levels.

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From the touring CEO to an engineer working in the field, mobility solutions have drastically changed the way people work. On the other hand, mobile technologies too have matured in terms of their capabilities which are approaching personal computer-like features such as supporting email, web access, etc.

Today mobility moves far beyond the communication, the technological advancements in microchips and sensor technologies that are used to track vehicles, objects, and humans, like Radio Frequency Identification (RFID), Near Field Communication (NFC), and the Global Positioning System (GPS) serve a wide range of purposes for business.

Enterprises are grappling with ways enterprise mobility has to offer.

What exactly is Enterprise Mobility?

Enterprise Mobility is the new channel that disseminates information, facilitates communication, and allows the workforce to do their jobs from a variety of mobile devices like smartphones, HHDs, tablets, personal digital assistants, laptops, etc.

Such mobile devices can perform, support, accomplish, coordinate and manage the work activities and organizational tasks to enable the right information at right time to enhance transactions and collaboration outside workplaces & times.

Evolution of Enterprise Mobility(EM)- Unfolding Advancement

Even though the mobile phone was first introduced by AT&T in 1946, the enterprise mobility segment actually started in 1991, when ‘Hermes’– a system management server (SMS) was released by Microsoft.

With the proliferation of personal computers, a unified solution to manage these devices became essential. A big change happened when the digital Global System for Mobile Communication (GSM) was introduced for voice telephony.

The use cases of mobile devices changed dramatically with the introduction of GSM.

During the 90s and the last decade, Desktop management solutions witnessed an increased adoption. Also, with the workforce bringing personal digital assistants and mobile phones to the workplace, they wanted to have the flexibility to access emails, calendars, contacting, and the other work.

This change presented varying degrees of security and created a nightmare for the IT staff to manage. This emphasized the need for Mobile Device Management (MDM) to ensure the functionalities are optimized and the devices are safe and at the same time assuring that the corporate network is protected.

The first version of Exchange Active Sync (EAS), a part of Mobile Information Server (MIS) 2002, was developed to manage emails and contacts that required a power-on password to access corporate e-mail.

Later several versions of the protocol were developed to introduce new policies. Since then EAS was the most common mobile device management and protocol control solution used commercially.

Later the Bring Your Own Device (BYOD) trend was born. Employers soon started adopting BYOD policies and took their enterprise mobility initiatives a step forward. Soon in 2016, IT professionals listed down the top benefit of enterprise mobility as productivity.

As a result, several other trends like Choose Your Own Device (CYOD) and Corporate Owner Personally Enabled (COPE) evolved.

Why Enterprise Mobility Solutions?

There are multi-fold reasons why enterprise mobility should be embraced by organizations. The recent pandemic has well highlighted the importance of enterprise mobility and how it helped to survive the business world during an unseen crisis.

Not just sales or field support applications, but it supports value-added service (VAS) and cross-functional activities that help organizations to respond speedily to customer delight.

Enterprise mobility is the graceful use of technology that helps to increase the work-life balance & retain young employees.

Some of the reasons to proactively adopt enterprise mobility at your organization are:

• Employee Productivity: Enterprise mobility empowers employees with the tools & data that are readily available on their mobiles. This reduces the turn-around time and improves the productivity of the employees. A Forrester study reveals that 75% of companies reported an increase in worker productivity post-deployment of mobile apps.
• Reduce Costs & Time: EM facilitates communication between various stakeholders. Usually, with administrative support this can be made seamless; however, it incurs a huge cost and time. EM with its self-service capabilities allows these remote users to manage performance, communicate, etc which slashes administrative costs & time and increase employee job satisfaction.
• Communication: In organizational siloes, frequent friction is seen between various processes. Enterprise mobility by establishing real-time communication between workflow management systems and mobile devices can remove this friction and facilitate seamless communication that results in reduced delays in task execution, approval, review, or action.
• Accountability: EM along with real-time communication allows real-time monitoring that coerces organizations to focus on best practices. It enables a greater insight & visibility into an organization’s resources and assets, to create an instrumented enterprise that has accountability at all levels. Mobility solutions infused with wireless sensor technologies & RFIDs can rapidly detect or pre-empt failures much before they occur.
• Scalability: Enterprise mobility solutions allow to integrate the legacy systems to cloud platforms. This not only enhances the value of business models but also improves their independence and scalability. Cloud platforms ensure that future business needs are accommodated and the resources or data are accessible on the go at any time anyplace.
• Data Collection: Mobility solutions offer multiple touch points, the data collected at such touch points can offer valuable & meaningful insights to the business. Business intelligence is crucial for organizations to analyze and adapt to changing user needs. Mobility solutions can facilitate data collection seamlessly and provide organizations with much-needed insights.
• Competitive Advantage: Strategic implementation of enterprise mobility can lead to a competitive advantage for the organization. It can revamp the core competencies that can change organizational business models and strategies. It’s noteworthy that the mere adoption of enterprise mobility solutions does not guarantee a business value. There needs to be a charted strategy to implement mobility in the right functions and processes and is made available to the right set of users to drive the greatest value.
• Business Value: Business value is often considered when making any investment decision. The ability to access the network and resources anytime and anywhere is clearly the reason why enterprise mobility is essential to adopt. By replacing expensive computing equipment with tiny, portable, and inexpensive handheld devices the employees can immediately connect with all resources, and reduce errors to drive business efficiency of employees, processes, and resources.

The convenience, efficiency, decision speed, productivity, and process improvement it supports are cited as near-term reasons to adopt enterprise mobility.

In the long-term, EM can fundamentally transform business, create new competitive advantages and redefine the core competencies to influence entire business models, strategies, markets, and industries.

Its overarching benefits in terms of strategy, transaction information, enterprise transformation & business value answer the question of why enterprise mobility.

EMM (Enterprise Mobility Management)- What’s Under the Hood?

The increasing array of mobile devices & services in a business context necessitates the need for efficient mobility management. Enterprise mobility management (EMM) is the set of tools, people, processes, policies, and technologies to manage and support the broad mobile device use in an organization.

Such systems are termed Enterprise Mobility Management Systems (EMMS). EMMS is an end-point-independent mobile solution that enables an organization to support & manage service levels irrespective of the devices they use.

Key components of Enterprise Mobility Management (EMM)- Mobility at Work

The EMM is composed of three main components:

• Mobile Device Management (MDM)– Control the devices
• Mobile Application Management (MAM)– Control the access
• Mobile Content Management (MCM)/Mobile Information Management (MIM)- Limited access to data

Mobile Device Management (MDM): MDM operates on a device level wherein monitoring, controlling, and ensuring the security of the application registered on various mobile platforms in an insecure network is administered by an admin.

Despite additional costs, it is crucial to ensure data security and accountability. With the rising BYOD culture, the vulnerability to security threats increases, and MDM ensures device security with its robust architecture and four main components- MDM Server, Management Console, Relay Server, and Mobile Agent.

Mobile Application Management (MAM): MAM is responsible for distributing and publishing mobile apps and services to various devices within an organization. It controls the access by monitoring which user can download which app. It enforces the policies on how to access particular internal apps and services.

MAM consists of two main components- Publisher and App Store. Publisher ensures which console or mobile apps are uploaded & published on the enterprise app store, whereas, from the app store the apps can be accessed and installed by specific users.

Mobile Information management (MIM): MIM/MCM allows approved apps or devices only to access the organization’s sensitive data and resources by filtering the users.

It ensures device-agnostic security that keeps crucial data in an isolated container that is encrypted and only authenticated users can access and transmit it.

Enterprise Mobility Management (EMM) at Work

Traditionally, mobility solutions were simple trans-coded applications of existing corporate data that used mobile devices; however, the concept of mobility evolved over time. Today, it takes contexts like users, tasks, devices, and uses into consideration.

The Top EMM Applications in an Organization are:

Device and information management

EMM enables mobile devices to access key corporate assets with ensuring compliance, it can enforce advanced security settings. Based on the user, device, & OS, it can provide policy options and restrictions.

Mobilization of e-mail, personal information management (PIM) tools like calendars, contacts, schedule management, and enterprise portals is one of the fastest-growing enterprise mobility applications. EMM enforces policies and advanced rules for access control based on groups, device compliance, and device attributes.

App Protection & Distribution

Now-a days enterprise apps are often containerized using technologies that do not require source code changes, EMM can add a security layer & policy management around an app without changing source code or embedding SDK.

With EMM, app developers do not need to worry about app security, app protection policies like secure app connectivity, user authentication, access, data encryption, document sharing, copy/paste, etc can ensure app security and prevent them from going to unauthorized sites.

The EMM suite also ensures easy distribution of apps by allowing only authorized users to access with corporate security & data protection. Whenever an employee leaves or a device is no longer in use, it revokes apps and data securely.

Authentication

EMM can enforce robust authentication methods and support requirements on email, VPN, Wi-Fi, Symantec Managed PKI Service integration, and Microsoft Certificate Authorities. No matter if it is a third party, cloud, or an in-house enterprise app, EMM can provide single sign-on functionalities by using highly responsive authentication methods like LDAP, SiteMinder, and SAML.

Threat Protection

Malicious threats and unauthorized access to sensitive organizational data are difficult to protect. EMM utilizes modern protection tools like web browser protection & antimalware to protect the devices and meet compliance requirements.

EMM can also protect the device with anti-theft protection wherein administrators can locate, lock, and wipe the device data as required. It can further ensure protection against a threat with the capabilities to blacklist and whitelist the users.

Content Distribution

In another application, EMM can help corporates in distributing content to end-users. Admins can distribute documents and multimedia content, that have different file formats securely. It can apply appropriate corporate security policies at a per-file level. The EMM suite can support content update and revocation seamlessly.

Things To Know Before Choosing an EMM Service Partner

The leading EMM vendors are Microsoft, Jamf Pro, VMware, Blackberry, etc that provides a suite of services like mobile security, device management, application management, content management, email management, information and expense management, web browser security, BYOD, & multi-user management.

Other emerging enterprise mobility management solution providers like Fusion Informatics Limited are offering innovative solutions that provide the full suite of required features and functionality that can be deployed, managed, and maintained either on-premise or cloud.

Each EMM product has its own functionality and set of features; however, not all features are supported by your mobile platforms, a smaller product with specific functionalities and business requirements that are customized as per business needs is good to go for SMEs.

While selecting an EMM service provider there are certain aspects that need to be considered:

• Deployment- Cloud or on-premise. 
• Implementation- Installation or custom programs
• Hardware- Best-in-class or own
• Security- Configurable or preconfigured
• Architecture- Open, extensible, multi-tenant, or change-ready
• Network- Preconfigured or configuration required
• Integration- With enterprise systems or APIs
• Upgrades- Automatic or manual
• Migrations- on-premise or cloud
• Licensing– Per-user or per-device

No matter where your business data and information live, an ideal enterprise mobility management product should provide a data access experience that users will embrace, respect & enforce granular policy controls, ensure end-to-end security, does not disrupt the existing business processes, enables simple & efficient team collaboration tools and is highly flexible & storage-agnostic.

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As the name suggests, Fleet Management is the Management of Vehicles such as Heavy Good Vehicles (HGV), Large Goods Vehicles (LGV)and several other commercial motor vehicles that you come across the roads, railway tracks, on-air, or water, ‘Fleet Management’ connects to all of them. However, the fleet management process is rather a rigorous regimen and without any adequate use of advanced technology-based solutions, it is prone to poor monitoring of things and handling operations. Hence, you need robust, state-of-the-art Fleet Management Solutions that can cover all the aspects of fleet management, and increasing productivity as a whole. Let’s see how they do increase the overall productivity of the inherent components involved in the fleet management cycle –

1. Managing Asset-Tracking

Whether your fleet size is big or small, commercial, non-commercial, long-distance transport involved or local delivery, a suitable fleet management solution has an important feature called ‘asset- tracking’. Irrespective of your assets are movable or immovable in form, their real-time movement can be tracked via fleet management solution based tracking display. The latter can also store data and history of all these assets and their connectivity to each other that are quite valuable for your business purpose. It works using live Google Map, a fine combination of a mobile phone and GPS technology, and then let the thing go tracking way. It gives a detailed view, as well as a clustered view of both the things, vehicles, and sensors, on the map.

2. Preventive and Predictive Maintenance

Your fleet business can escape from several types of unseen losses. How? Because a good fleet management solution can equip your business with the predictive maintenance tool. For example, every time your vehicles get the servicing done, you don’t have to maintain a manually written record of them. Rather, the very fleet management solution, being equipped with a predictive or preventive maintenance capability, can track the number of times vehicles plied or meted out the service respectively, their previous maintenance records as well as longevity details. The entire solution is programmed in such a manner that it sends notifications and prior alerts to your mobile phone regarding due dates of vehicle servicing and maintenance. These details eventually manage to take the timely maintenance actions, saving you from unpredictable losses such as preventing breakdowns during the middle of an operation or downtime or any sort of accidents.

3. Warranty and Replacement

A fleet management solution can predict the life of a vehicle by constant monitoring and analyzing their features, sending alerts to you to suggest the right time for selling your vehicle, or replacing your certain vehicle parts. Also, it notifies you about the status of warranty periods of vehicle parts, duly displayed on a screen, thereby, saving you from unwanted expenditures.

Thus, you see how a fleet management solution allows you to avail of higher returns just by selling vehicles or replacing vehicle parts at the right time propelling business growth. You are also able to maintain the quality as well as standards of your fleets especially if you have a larger fleet size.

4. Scheduling & Dispatching of Orders

A larger business has a constant flow of orders and unlimited scheduling of orders (commercial, cargo, etc.) on day to day requirement basis. A  fleet management solution can schedule all such operations in an organized manner. A  systematic flow of orders being received from clients or end-users, dispatches, realizing or terminating dispatches, keep in track of various vehicles that are free or busy at a particular time, all these functions are evenly done via fleet management application or solution in your organization.

5. Efficient Route-Navigation

Your fleet business has a massive competition with your peers – ranging from a small fleet of vehicle businesses to medium-sized ones or a larger corporation, you have to compete with all of them. They all exist in the same market as you are, and they all have something great to offer to customers. So, you have to prove how different and unique is your route management facility in the eyes of the customers. If your fleet management solution has the capability of providing the fastest, shortest, and most efficient route to its destination points, you meet customers’ requirements. Just by combining apps such as Google Map, in-built asset tracking, GPS, a Fleet Management Solution / mobile app development companies can guide vehicles and drivers on the roads. Traffic management, the prediction is possible now through a route analysis capability of the FMS.

6. Fleet Booking

Your fleet management system provides a seamless experience to clients, drivers, your transport manager, and other stakeholders by providing customized apps on their mobiles respectively as well as empowering their functionalities. For instance, if a customer books your truck, the FMS will track the location of the customer, will locate the availability of drivers in that location, if a truck is vacant or not, and many parameters are taken into account in the whole process of fleet (your truck) booking. The underlying theme is the APP SYSTEM provided by the very  FMS.

Your Fleet business needs FMS, too!

Managing, monitoring, controlling the speed of a  vehicle, its fuel usage, safety compliances, and digital payment system, or all the fleet management processes ranging from asset information, acquisition to disposal,  a suitable fleet management system does it all. It smartly takes all the responsibilities off your shoulder. Just that, you have to see which software, which FMS suits your business environment. Customization of fleet management solutions is important to meet your business goals. So, you are just one step away from your goal –   Expert Consultation!

Do you own a fleet business and want to capitalize on a powerful solution for your business growth? We have a Ready-to-Use Extensive Fleet Management Solution  for your business.

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Are you a travel lover? A travel vlogger? A globetrotter? Or, just a simple person who loves vacationing with family or friends, to take a break from routine life? What’s so common with you all? Well, a chorus could be – “How to beat the pandemic blues!”

The very chorus resonates with the whole world today. Not even the President of the United States is immune to this devil virus, the CORONA virus. No doubt, everyone is wishing him a sooner recovery but how to recover from the massive losses incurred so far globally, in terms of life and property!?  Fingers crossed!

The pandemic due to COVID-19 has caused major disruptions in the global economy. Another recession, economic slowdown, the rapid rise in unemployment, and what not! There’s been an abrupt halt in international travel, severely impacting the tourism industry.

Greater chunks of government revenue, foreign exchange earnings, and employment source depend on the tourism sector. Travel & Tourism, is a vital lifeline for revenues worldwide, ironically, battling for survival!

The industry is struggling to cope with the repercussions but as you all know, there is a silver lining to every dark cloud in the sky. The significant catch is the change in customer behavior that amounts to the overall revamping process of the industry. Technology plays a pivotal role here, again.

Robotics Technology

Social distancing has become a new normal today and people are religiously following the DOs and DONTs under the Corona advisory. People are reluctant to travel and their perception of holidaying and recreation has totally upended a complete halt. When humans fall, machines arise.

The Travel & Tourism industry is shifting focus to recovery and deploying robots everywhere – airports, hotels, restaurants, tourist places, etc. The motto is to minimize human-to-human contact and bolster people’s confidence. But how?

Robotics technology is propelling self-service methods, travel agents use them for the pre-screening process, and text-based chatbots & robotic assistants at the front desk are serving the needs of travelers thus reducing queue sizes. Right from acting as a concierge, to greeting guests and providing information from time to time, robots are seen all around in hotels, restaurants, and airports.

For instance, if you happen to visit New Sheraton, Los Angeles, robots will enthrall you with their unique service. Wayfinder, the friendly robot will guide you to find out the direction, say, steakhouse, swimming pool, room, wherever you want to go.

The Luggage robot/Tug robot will carry your luggage duly locked for security reasons, you just have to use a 4-digit code to unlock and get it to your room! Room Service robots will bring food to your room, a genuine room service, and you can even give tips to them!

So, where did you get a chance to break the protocol of social distancing? Robotics technology is all set to revive tourism the world over.

Also Read:

Virtual Reality

Have you planned your next trip? Because now you can experience locations on your itinerary right from your home using Virtual Reality tools. You can have an immersive experience by virtually traveling to your hotels, restaurants, landmarks, and even the sightseeing activities!

These 360 tours or VR tours you can experience via your smartphones or web browsers using In-Consumer gears. This way, you can plan your vacation, and trips using technology without any human intervention. You are indeed using virtual tools to experience the real world!

Virtual & Contactless Payments

In the wake of the pandemic, you’d definitely vouch for the contactless payment where you don’t need to carry cash, debit card, or a credit card, rather your smart mobile phone is smart enough to do the payments for your travel. Yes, you are carrying a Mobile wallet with you. MPOS and P2P are a few digital payment modes that give you an entirely seamless experience. No more frets!

Internet-of-Things (IoT)

The unprecedented constraints on aviation due to the pandemic have led to complete chaos in the travel & tourism sector. However, airlines are resuming operations while keeping safety measures intact. The Internet-of-Things technology has emerged as an exciting savior which calls for interconnecting daily devices via the internet. IOT-based HVAC systems combat airborne transmission of viruses in the airport thus protecting you from any probable infection.

Do you know how Abu-Dhabi International Airport is using motion-based elevators where you can just wave your hand to point to your destination floor? That makes you pretty safe because the distance between you and your fellow passenger is being maintained.

Way-finding apps such as WISEFLY will alert you if you come close to any other person nearby, thus, helping you maintain social distance.

The robot Wayfinder that served you a while ago in New Sheraton, Los Angeles (courtesy of the Robotics Technology paragraph above), did follow an IoT technology sensor-based doors to lead you to your room.

Biometric-Recognition Technology

Again, in Dubai International Airport, ‘Smart Tunnel’ uses facial recognition as an identification tool. You get a single digital ID that can determine your unique identity, travel – detail & biometrics. Thus, you don’t have to carry physical documents, only one biometric travel token through all touch-points is what you require! Touchless technology is here to stay!

AI & Big Data

Connie is the AI-powered robot deployed by Hilton hotels. It uses Artificial Intelligence & Speech Recognition to speak to tourists seeking information. Then you have SAM, your intelligent travel – chatbot, guiding you every minute predicting the weather or traffic or any sightseeing opportunities you should not miss! Thus, no need for a tourist guide.

Big Data & Predictive Analysis technology is helping the industry analyze current business performance, viz. hotel business using Big Data for revenue management purposes to anticipate future demand levels.

According to a recent BCG- Consumer Sentiment Survey report (respondents from the USA, Canada, France, Germany, UK, Italy, and China), 54 percent said they would prioritize social distancing as a major precaution while going on trips. Even United Nations’ World Tourism Organization has recently released a set of global guidelines to resume tourism and emphasized the role of technology as a major transforming tool for the industry.

Thus, prioritizing people’s sentiments, the industry has to adopt technology as a major reviving weapon to resurrect itself, as well as restore tourists’ confidence to restart their journey to destinations that they had once dreamt of before the global crisis started.

If you are a startup or company engaged in the travel industry who would like to understand how to capitalize on technology, Speak to us today!

Read Also – Top Mobile App Development Companies in India

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