Today, the Aviation Industry is tackling numerous pressures and challenges due to COVID-19. Per a recent report published by the IATA (International Air Transport Association), the COVID-19 crisis will see airline passenger revenues drop by $314 billion in 2020, a 55% decline compared to 2019.
Automation and digitization are changing the business world as we know it, offering tremendous potential and benefits to businesses and end consumers. Additionally, with increased exposure to newer technologies, the end consumer is becoming more and more price conscious. This is in turn putting pressure on service providers in the service supply chain to remain competitive and deliver maximum value with reduced prices.
T&L players need to reposition their supply chain networks to enhance visibility, enable digital operations, support customers with new offerings and delivery models, and ensure safe logistics operations to cope with the changes in the new normal
Disruptions like new entrants, changing customer expectations, and new technologies are creating new challenges and new opportunities for revenue generation and growth. To stay relevant and ahead in the game, logistics players have to develop new models and offerings for the market
The Transport and Logistics Industry was already seeing a slump in demand towards the end of 2019 because of the Chinese New Year.
The Travel industry’s growth over the last two decades has led to the corresponding growth of the Hospitality industry, a now $600 Billion global industry that directly and indirectly employs 250 million people. However, the recent COVID-19 outbreak is having a devastating impact on the world, leaving the travel and hospitality industries reeling from its repercussions.
During my travels, there is not one trip, where I did not feel the hospitality industry can see immense amount of personalization.
Automation upscale – unlocking value across warehouse operations
The boom in e-commerce and the increasing shift towards technologies such as Internet of Things, Cloud and Analytics are impacting logistics operations of manufacturers, retailers and consumer good companies in a big way
When I ran Cisco as a business for Wipro, I became mysteriously involved with the wonderful world of IoT (Internet of Things), M2M and Telematics.
A continuous digital mode for building personalized experiences at global scale is essential for striking the right balance of providing the best D-I- Y experience, hassle-free travel and value for money.
Devi's POV on Wipro's innovation in the air cargo industry
Devi's POV on whether technology will replace humans in the industry?
Bill Martin, Chief Information Officer, Royal Caribbean Cruises Ltd. explains how technology is opening new doors for companies in the travel and hospitality industry to engage with customers, increase revenues and streamline processes.
Devi's POV on Importance of Innovation in the Air Cargo Industry
Devi's POV on the key technology trends driving the air cargo industry