The oil & gas industry is evolving fast in response to 'lower for longer' crude oil price levels, changing energy mix, decarbonisation and non-traditional competitors. Operators are challenged to generate more margins per barrel through technology innovations for economic recovery of oil and gas resources. Unmanned Aerial Vehicles (UAVs) or drones are utilized by oil and gas industry for remote monitoring, surveillance, inspection and predictive maintenance of critical infrastructure assets at onshore and offshore work environments. Emerging innovations in autonomous drones could realise cost effective cargo deliveries to offshore drilling and production units in the near future.
The instances of loyalty fraud has sharply risen in the past few years, and research reports have been showing that majority of loyalty program managers have experienced some form of fraud in their program. Such frauds put loyalty programs under serious risk much beyond the direct cost of fraud, such as lost customer, compromised customer data, reduced revenue etc. Loyalty program operators can no longer afford not taking proactive steps to detect and prevent fraud more smarter ways than before.
It is said that doctors make the worst patients, because they tend to know too much about what's going on at the other end of the table and are therefore constantly interfering to ensure they get the best level of service possible. Often they have their own opinions about how to improve the service to a level far superior to what the doctor on duty and his/her team are managing to provide at the moment.
Next time a sales guy shows up in your office and tries to sell you a PSS solution that supports NDC, stop him/her right there and request one clarification: Is the solution you are talking about genuinely achieving NDC objectives and NDC native or merely NDC compliant?
Should we invest in this new NDC native passenger services platform that claims to solve all the distribution problems that we have been worried about?
Civil aviation was an early adopter of computers, with reservation systems going electronic as early as the 1950s with the Semi-Automated Business Environment pioneered by American Airlines. Other airlines followed this example and set up their own systems, and in due course computerized reservations became the norm in this industry which was already technology-intensive from an infrastructure perspective. But the industry was simply unable to sustain this momentum beyond a certain point.