Using anomaly detection techniques to get smarter at spotting inventory issues to avoid revenue leakage. This is the third article in a 3-part series discussing how anomaly detection capability as part of an API analytics platform can help travel distributor and supplier organisations detect when and how their APIs leak revenue or miss opportunities. This third article…
This is the second article in a 3-part discussion on how Anomaly Detection can help travel companies spot and resolve issues highlighted by actively being alerted to data anomaly. Putting it simply, Anomaly Detection uses advanced mathematical modelling to accurately detect unexpected changes in activity over time even when the activity is quite ‘up and down’ in…
Scalable self-service data exploration and visualisation is currently a hot topic. In two articles we explore how new and easier methods of data discovery is helping organisations on the tough journey to becoming more data-driven. This article Part 2 describes how the Trio platform can be used for a drilling deeper into search and booking data, to be able…
Scalable self-service data exploration and visualisation is currently a hot topic. In two articles we explore how new and easier methods of data discovery is helping organisations on the tough journey to becoming more data-driven. This article (Part 1) gives an overview of some of the exploration techniques, while Part 2 describes (with charts) how…
In recent years the travel industry has witnessed an explosive growth in APIs (application programming interface). This reflects the rise in online portals selling travel products. These portals help end consumers make their travel plans,—enabling them to browse through rates of various travel products in real time, and make bookings using any type of device,…
It’s always interesting to hear how some travel organisations perceive the cost of analytics as expensive and how they are a small company that can’t afford the investment. Is that a sensible decision? Triometric is in the business of providing highly detailed, real time analytics on API traffic, platform performance, client activity, product availability, revenue/pricing…
Everyone in the hospitality business knows that having the right data at the right time can make all the difference when making key decisions, especially those about distribution. Having access to the data is one thing, but to get the most out of it, it needs to be actionable. Data management is the administrative process…
The use of mobile apps to search and book in the online travel space has grown dramatically over the last five years – from around 2-3% to over 25%. Indeed according to e-marketer, online travel is reaching a tipping point in 2016 when, for the first time, more than half of all online bookings for…
Do you want to work with some of the fastest growing online companies? Triometric builds big data analytics and monitoring solutions for the online travel industry that work in real-time and at scale. Online travel is a growing industry and we pride ourselves in working collaboratively with some of the largest and fastest growing online companies…
Anomaly Detection can be applied to operational monitoring metrics or business metrics that support decision-making right across the travel ecosystem and beyond. We discuss here how detecting small deviations in your traffic data can make a big difference to your revenue potential. More and more data is flowing through our systems with our ability to…