Refine or Rebuild: When Your ML Algorithms are Under Disruption
Disruptions at the global scale seem to be a norm today. We are seeing everything from the pandemic, leading to supply chain …more
4 Categories of AI for Your eCommerce Differentiation
While digital transformation has long been an effort undertaken by many global enterprises, the challenge today lies in differentiating your eCommerce business in an increasingly crowded digital market. So, how can a business stand out in this vast digital economy? For those that have succeeded, the secret ingredient is almost always Artificial Intelligence (AI)
Using AI to Building a More Resilient Economy Against Global Disruptions
Once work is virtualized, it can be digitized, tracked, turned into data, and used to train an AI system to mimic how we work. This will start with the most repeatable tasks, but AI will eventually automate some creative activities also. But before this can happen, more of the physical work must be shifted into digital work so it can be easily tracked and turned into training data.
The Existence of a Positive-Sum Game Among Airlines
The COVID Task Force is truly a historic event. Although this unlikely event is driven by the unfortunate circumstance of COVID, it’s …more
PROS Assemble! The COVID-19 Task Force
Humans have always weathered through adversity by joining our forces to fight the common enemy. We strongly believe that by pooling our collective resources and expertise, we will all have a faster and smoother recovery. It is under this principle that PROS has assembled the COVID-19 Task Force (CTF).
COVID Task Force 1: Managing Your Business Under Crisis
The aggressive containment measures of COVID-19 has created a demand shock to our economy. Although a few select industries saw increased demand, …more
COVID Task Force 2: Revenue Management Under Lockdown
The travel and tourism industries are some of the most heavily impacted businesses by the current pandemic. And the impact of COVID-19 …more
COVID Task Force 3: What Are We Doing With Your Data
It’s been 7 months since the pandemic has been spreading across the globe. And it’s been almost 4 months since PROS assembled …more
COVID Task Force 4: Building A Crystal Ball for the Airlines
It’s been a while since we had an update on what the COVID-19 Task Force (CTF) is doing. At the time of …more
COVID Task Force 5: How Airlines Will Return to Cruising Altitude
Last time, we’ve described the process of how we design and build our booking-prediction model, and how to use it to predict …more
COVID Task Force 6: From Prediction to Prescriptive Actions
Few months have passed since our last COVID Task Force (CTF) update. It’s hard to believe that it has already been a …more
COVID Task Force 7: The Future of Revenue Management
In our previous COVID Task Force (CTF) update, we described our approach that turns our global booking recovery predictions into tangible actions …more