Every year, airlines burn billions of dollars on delays and consequent passenger compensation claims. A whole industry has sprung up around airline disruptions, with the promise of helping passengers to claim the money due to them in this way. EU regulations like EU261 result in six figure sums of money in compensation, and IT is often the only solution to avoid disruptions and enable airlines to get back on track quickly.
Gaining efficiency and lowering costs have become the unofficial mantras of the energy sector during the latest industry downturn. As the supply-demand imbalance dragged down commodity prices and profits, many companies have turned to technology to improve operations.
The growing complexity of land based workforce logistics and technology advancements are driving business process automation and innovations to optimize the supply chain. True digital transformation can be achieved through a paperless future with information exchanged on computers and tablets and digitally signed by stakeholders.
A consolidation is taking place in the airline industry, with multiple airlines coming together as groups for strategic reasons.This happens either through capital acquisition or marketing partnerships, whereby the brand identity of each airline is maintained whilefleets and crews are managed by the group. Schedules are harmonized and coordinated amongst the group members, allowing passengers tosmoothly connect from one member airline to another at the respective individual hub.
Can modern technology help airline operations control centers totake better decisions?
Airline operations controllers worldwide discuss "Situational Awareness", but in their daily operations they insist on “seeing it all” before taking a decision. But science has an explanation for why this isn't a good approach.
2016 was a challenging year for the Oil & Gas industry. Rampant supply, a weakening global demand, the slowing economic growth around the world were a few factors leading to the woes seen. However, these challenges for the industry present some excellent opportunities. Innovation has never been more critical in the oil and gas industry. The writing on the wall is clear; companies must innovate, or perish!