Application of Big Data and Artificial Intelligence in Travel Industry
Verified
Added on  2023/04/24
|10
|2250
|439
AI Summary
This investigative report highlights the impact of big data and artificial intelligence in the travel industry. It describes the role of big data analytics and artificial intelligence separately, their progress over the years, and a successful implementation plan used in global travel organizations.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE Application of Big Data and Artificial Intelligence Name of the Student Name of the University Author Note:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
2APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE Executive Summary The foremost adjective of the investigative report is to highlight the impact of big data and artificial intelligence in the travel industry. The two technology and their role in the travel industry will be professional described in this investigative report. The role of the big data analytics and artificial intelligence will be presented separately in this report. The progress of the two technologies over the years in the travel industry will be stated in the paper along with that the report will be concluding with a successful implementation plan which are currently being used in the global travel organizations.
3APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE Table of Contents 1. Introduction..................................................................................................................................3 2. Role of Big data in travel industry...............................................................................................3 3. Role of AI in travel industry........................................................................................................3 4. Progress of the two technologies.................................................................................................3 5. Incorporation procedure of the two technologies........................................................................3 6. Conclusion...................................................................................................................................3 7. Reference.....................................................................................................................................3
4APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE 1.Introduction The foremost determination of the investigative report is examining the application of the big data in the tourism industry. The paper will be focussing on the detailed role of the big data analytics in the travel industry as well as the role of artificial intelligence in the same industry (Najafabadi et al., 2015). The progress of this technology over the years will be stated in the paper with primary importance, along with that the investigative report will be also be focussing in the incorporation procedure of the two stated technologies. 2. Role of Big data in travel industry The extensive development in the field of information technology has resulted in the growth of the big data in wide range of industries such as the travel industry (Alaei, Becken & Stantic, 2017). Cloud based analytical techniques are increasingly been used in the travel industry where data are present in both structured and unstructured manner. Important business decisions can be taken by the management team of the organization with the help of big data technologies such as Hadoop. The needs and requirements of the customers of the travel industry are always changing with time the application of the big data can be successfully implemented in the business environment of the travel industries (Loebbecke & Picot, 2015). The searching of the destinations arranging local cuisines and personalized customer experience in the trips are the primary contribution of this technology in this industry. Better marketing strategies can be chosen by this governmental organization to deal with the robust environments (Bowen & Whalen, 2017). The application of improved technologies such as the big data analytics is very much beneficial for the travel industry as it provides them a competitive advantage over the other similar rival organizations (Mariani et al., 2018). The operations efficiency among the internal
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
5APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE stakeholders of this business such as the social; media team or customer satisfaction team can be successfully enhanced with AI and big data (Helbing et al., 2019). Optimization of the price of the good and services offered by the travel organizations can be revised based upon the data which are managed using the big data analytics (Zou et al., 2016). The inaccuracies of the data management in this industry can be solved effectively with the help of this advanced technology. 3. Role of AI in travel industry Customer engagement and communication with the customers are the two most important business aspect of the travel industry which are carefully managed with the help of the advanced machine learning techniques used in artificial intelligence. The interactions with the customers can be enhanced with the application of the intelligent agents (Chen, Huang & Huang, 2016). The future directions of the organizations considering the current market trends can be evaluated with the help of artificially intelligent systems. The existing conventions sales and marketing strategies are constantly being revised by artificially intelligent bots in the global business organizations of the travel industry. Automated personalized travel mechanisms systems are used in the vehicles used in the travel industries (Pieroni et al., 2018). Delivery of the products and services in time is a challenge for most of the travel organizations which can be resolved quite effectively with the help of the language processing specification of artificial intelligent systems (Baggio, 2016). The application of the chatbots have been hugely successful in the travel industry where it is capable enough to understand the needs and requirements of the customers. Decision making is a significant aspect of the travel industry which can be improved more intelligent systems are installed in the travel industry. The online customer service can be significantly improved with the help of artificial intelligence techniques (Hurwitz, Kaufman & Bowles, 2015). Data analysis and data processing can be dome in a more useful way with the
6APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE help of artificial intelligent machines. The incorporation of the virtual reality and the augmented reality is the other trending aspect of artificial intelligence in the travel industry. 4. Progress of the two technologies The application of artificial intelligence and big data in the travel industry has improved over the year.The progress of big data analytics started after the year 2005 and since then it is constantly being used in different industries as well. The two technologies have seen many ups and down over the years. The bigger volume of data is managed in a better way using big data andartificialintelligence.Theapplicationofthebigdataanalyticschangedafterthe incorporation of the second version of the big data analytics. Storage of the data are much more secure these days due to the progress of big data analytics. The raw data of the travel industry can be managed effectively with the help of the big data (Klous, 2016). Traditional data sets of the travel industries are also managed professionally using big data analytics. Understanding the behaviours of the clients are the other important business aspect of this industry which are solved with the help of the advanced mechanisms of artificial intelligence. The development in IT has resulted in the growth of many new technologies and the subcategories if artificial intelligence systems are one of them, these includes artificial general intelligence, artificial super intelligence and artificial narrow intelligence. 5. Incorporation procedure of the two technologies. Incorporation of the machine learning technique are very much useful for the travel industries as it helps in improving the profit percentage of this industry. Data governance plan can be implemented as it helps in minimising all the risks and challenges associated with the technology. The incorporation of the new technology requires the support from the lawsuits.
7APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE Security breaches and the other data related risks are the main concern in the implementation of the two discussed technologies. The implementation of artificial intelligence in the travel industry has to be done very carefully as it helps in minimising the workload of the organization. The efficient recruitment policy of the organization is very much needed for the incorporation of AI based systems in the travel industry. Effective training sessions can be very much useful for the implementation of artificial intelligence in travel industry (Xiang & Fesenmaier, 2017). The limitations of the technology can be well understood with the help of the training sessions. Considering both the two technologies the implementation procedure is as followings: Phase 1: The technology can be implemented in a single business unit of the travel industry such as the online customer experience department. A report should be developed by the project manager of that unit of the organization. Phase 2:Based on the report, the entire business area can be considered for the implementation of the two technology. 6. Conclusion The investigative report was very much useful to understand the impact of artificial intelligence and big datain the travel industry. The role of the big data along with its specifications it provides which are used in the travel industry is stated clearly in this paper. The impact of technologies such as Hadoop can be understood with the help of the paper. The paper also concludes the different categories of artificial intelligence which are being used in the travel industries for a long period of time. The business aspects which are categorically improved with the help of these two technologies such as the improved customer engagement and better
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
8APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE communication service has been stated in the paper. The progress of the two technologies have been presented in the paper as well. The incorporation of the two technologies in the travel industry has been stated in the paper as well. The implementation procedure of the two technologies can also be concluded from this investigative report. The two-phase plan is described in the later stages of the report helps in understanding the importance of the available utilization of the resources in the travel industry.
9APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE 7. Reference Alaei, A. R., Becken, S., & Stantic, B. (2017). Sentiment Analysis in Tourism: Capitalizing on Big Data.Journal of Travel Research, 0047287517747753. Baggio, R. (2016). Big Data, Business Intelligence and Tourism: a brief analysis of the literature. IFITTtalk@ Östersund: Big Data & Business Intelligence in the Travel & Tourism Domain. Bowen, J., & Whalen, E. (2017). Trends that are changing travel and tourism.Worldwide Hospitality and Tourism Themes, 9(6), 592-602. Chen, S., Huang, Y., & Huang, W. (2016, March). Big data analytics on aviation social media: The case of china southern airlines on sina weibo. InBig Data Computing Service and Applications (BigDataService), 2016 IEEE Second International Conference on(pp. 152- 155). IEEE. Helbing, D., Frey, B. S., Gigerenzer, G., Hafen, E., Hagner, M., Hofstetter, Y., ... & Zwitter, A. (2019). Will democracy survive big data and artificial intelligence?. InTowards Digital Enlightenment(pp. 73-98). Springer, Cham. Hurwitz, J. S., Kaufman, M., & Bowles, A. (2015).Cognitive computing and big data analytics. John Wiley & Sons. Klous, S. (2016). Sustainable harvesting of the big data potential. Exploring the Boundaries of Big Data, 27-47.
10APPLICATION OF BIG DATA AND ARTIFICIAL INTELLIGENCE Loebbecke, C., & Picot, A. (2015). Reflections on societal and business model transformation arising from digitization and big data analytics: A research agenda.The Journal of Strategic Information Systems, 24(3), 149-157. Mariani, M., Baggio, R., Fuchs, M., & Höepken, W. (2018). Business intelligence and big data in hospitality and tourism: a systematic literature review.International Journal of Contemporary Hospitality Management, 30(12), 3514-3554. Najafabadi, M. M., Villanustre, F., Khoshgoftaar, T. M., Seliya, N., Wald, R., & Muharemagic, E. (2015). Deep learning applications and challenges in big data analytics.Journal of Big Data, 2(1), 1. PIERONI, A., SCARPATO, N., & BRILLI, M. (2018). INDUSTRY 4.0 REVOLUTION IN AUTONOMOUSANDCONNECTEDVEHICLEANON-CONVENTIONAL APPROACH TO MANAGE BIG DATA.Journal of Theoretical & Applied Information Technology, 96(1). Xiang, Z., & Fesenmaier, D. R. (2017). Big data analytics, tourism design and smart tourism. In Analytics in Smart Tourism Design(pp. 299-307). Springer, Cham. Zou, L., Liu, Q., Zhang, C., & Yang, H. (2016, September). An approach to applying creative computing in tourism by constructing a Big Data based Knowledge System Framework. InAutomation and Computing (ICAC), 2016 22nd International Conference on(pp. 244- 249). IEEE.