Decision making for travelers: Are machines up to it?
Aravind Ramachandran

Decision making for travelers: Are machines up to it?

An interesting result from a recent McKinsey Global Institute study suggests that a typical business leader spends 25% of his/her time on gathering/analyzing inputs for decision making such as reports and data - a task that can be automated using currently available technology. Yet, a large part of the value addition by the machine is in processing large quantities of information and distilling it down to what's important, rather than taking an actual decision and being accountable for it.To illustrate, a typical traveler must find answers to these questions (among others) to make his/her trip...
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Gamification in Airline Cargo
Sandeep S Nair

Gamification in Airline Cargo

The dis-engaged employeeAt the core of it, technology is driven by the need to better the human condition - be it at the office or outside of it. While technology was intended to solve problems, it also has the flip side of generating new ones that are not desired under certain circumstances. With social media and smart phone combination time slicing the waking hours of our life, organizations are feeling the heat of the "dis-engaged employee" – the employee who finds it difficult to reengage with office tools that are plain and boring, compared to the cool apps and tools that mean fun. Reduce...
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Streamlining air cargo terminal operations through mobility
Aravind Ramachandran

Streamlining air cargo terminal operations through mobility

​Minimizing costs, enhancing service quality and improving profitability – it is the perfect triad for any business leader, irrespective of which industry he/she works in. Companies with some penchant for innovation have been looking at mobility as the key to achieving these goals, with visible success in many cases. The air cargo industry, being both labor intensive as well as heavily dependent on data capture and processing, offers fertile ground for implementing an efficient mobility strategy.Current infrastructure standards of the industry leave a lot to be desired, especially when it come...
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IBS partners with Traveltech Lab to boost innovation in travel sector
Aravind Ramachandran

IBS partners with Traveltech Lab to boost innovation in travel sector

IBS is proud to partner with Traveltech Lab, the first of its kind innovation hub in London, which has successfully positioned itself as a platform for creative minds to collect, converse and collaborate towards beneficial disruption. Budding entrepreneurs are given the support they need to bridge the gap between having a high potential idea and setting up a viable business. Interaction between fellow entrepreneurs working on diverse business models drives further innovative thinking. Unplugging from conventional corporate thinking patterns, such a platform opens up a ...
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How ‘Open’ is your innovation strategy?
Shweta Kavishwar

How ‘Open’ is your innovation strategy?

​"The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow" - Rupert MurdochFor years, the secret sauce for driving innovation in firms has been to hire the best and invest heavily in R&D. Not only were companies able to discover the best ideas with the brightest talent, but they were also able to market and protect these ideas and in turn reinvest to keep the wheel turning. Has this scenario changed today though? Challenging R&D environments, mounting costs and competitive pressures are driving companies to reconsider their innovation...
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