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Contents contributed and discussions participated by mirandajaye

mirandajaye

Global Event Management Software Market to Reach $11.4 Billion by 2024 - Use of AI & Ma... - 0 views

  • The Event Management Software Market is projected to grow from USD 5.7 billion in 2019 to USD 11.4 billion by 2024, at a CAGR of 15% from 2019 to 2024.
  • Drivers
  • Restraints
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  • Opportunities
  • Challenge
  • rowing demand for event automation and an increasing focus on gaining actionable business insights from events are driving the growth of event management software market
  • Event management software is expected to hold the major market size during the forecast period
  • It helps enhance the quality of events and provides enhanced visibility for event organizers.
  • The event management software segment is divided further into venue management software
  • On-premises deployment is expected to hold the major market size during the forecast period
  • North America is expected to hold the major market size during the forecast period
  • North America has the first-mover advantage in the adoption of new technologies, such as smartphones and cloud platforms.
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    This article states that the event management technology and software market is expected to grow by 2024. Some drivers being growing use of social media for event marketing and some opportunities being gamification of events to engage the audience. The market is growing because of the demand and needs to plan and organize. Event Technology helps enhance and better the event.
mirandajaye

Restaurants admit strong fears about keeping up with tech - 1 views

  • innovation is coming too rapidly for them to digest
  • 62% of operators doubt they’ll be able to keep up with the advancements
  • 59% worry they’ll be rendered obsolete by tech-savvier “disruptors.
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  • (18%) said their companies are not investing fast enough in technology to take advantage of what’s available
  • their labor costs have been reduced by guest-facing mobile tech,
  • (86%) attest that the digital devices have cut service times and boosted throughput. 
  • (93%) said they’re convinced the capabilities have favorably affected guests
  • Only 48% percent said they’re confident they can capitalize on tomorrow’s advancemen
  • an save them time and money. 
  • 9% said they believe add-on suggestions delivered to consumers using an ordering app will boost check averages in the future, and 95% said they expect mobile tech to improve guests’ experience and strengthen brand loyalty.
  • The research was based on interviews last summer with 279 executives of food and beverage sellers that were using mobile technology. 
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    The article is about how new technology and trends are coming too fast and a lot of businesses and restaurants can't keep up with the pace. A lot of companies have said that they are not investing fast enough and taking advantage of the new things that are available. However, they have said that labor costs have gone down because of these new technologies.
mirandajaye

One in Four Businesses Struggle to Adapt and Thrive from Technology Disruption | Hospit... - 0 views

  • ew and emerging technologies often impact the value of existing models and services
  • which leads to many companies re-evaluating and transforming.
  • ‘technology that displaces an established technology and shakes up the industry or creates a completely new industry’.
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  • business models within industry sec
  • technological change has made them significantly more competitive in the past three years
  • a large majority of companies are still struggling to keep up with this change.
  • 1 in 4 businesses still struggle to keep up with the times and thrive from digital disruption
  • etermined this was down to the companies approach to technology adaption
  • businesses reported to have a proactive ‘opportunity-minded’ approach, ensuring they remain competitive and up to date.
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    This article describes how technology is forcing companies to reevaluate and change how they take certain approaches to business. A lot of companies are having a difficult time keeping up to date with technology as more and more different companies emerge and start using more advance technology than they have. An alarming amount of companies have admitted they have no approach. Experts are telling companies to be open-minded and start thinking of an approach.
mirandajaye

What Decision Makers Need to Know About the Tech Takeover in Fast-Food Restaurants - My... - 0 views

  • he fast-food industry might see a major overhaul with robots and digital kiosks
  • because of the high turnover rate.
  • Additionally, a decreased interest in obtaining a job in a fast-food restaurant, particularly serving, is a contributing factor to the current industry crisis
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  • Some restaurants are implementing kiosks in order to save money on other costs as the average cost of a fast-food meal increases, which is achieved by investing in automated services, and cutting back on employees
  • just because there is more technology usage in fast-food restaurants doesn’t mean it will fully take over. In fact, he says that technology and humans can work together to make a restaurant more profitable.
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    This article states that one of the main reasons for digital kiosks in fast food places is because of a high turnover rate. A lot of fast food places are getting less applications and a higher turnover because of the low wages they offer and little room to grow. Some have no choice but to start using these because of the lack of employees. The article states that restaurants are also starting to use this type of technology to save money on other costs they may need to put forth money towards. But some do think this doesn't mean technology will take over. Some even believe it is a way we can work together as one to make more money for the restaurants we may work in.
mirandajaye

At long last, Southwest to enable GDS bookings: Travel Weekly - 1 views

  • Southwest Airlines at long last will provide content and full booking capabilities
  • hey expect content to be ready for bookings by mid-2020
  • The agreements will bring "the highest level of participation
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  • enable buyers and agents to book, change, cancel and modify reservations through the GDSs
  • outhwest has been investing in both of those other "legs," as well
  • joining ATPCO and SITA's NDC Exchange platform
  • Southwest projects that the GDS presence will bring between $10 million and $20 million in additional revenue
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    The article provides information on how Southwest Airlines will finally be participating in the GDS system starting in the year 2020 which is coming up soon. They feel as though this will help their customers modify and customize their reservations and also be able to change, book their own and cancel their reservations at their leisure without needing a Travel Agent. They know they have not been the easiest airline to work with and feel as though this will help and bring in $10-20 million more for them in revenues. I feel as though this is a good move for Southwest Airlines.
mirandajaye

Hotel Industry of the Future Will Be Based on Technology | .TR - 0 views

  • It predicts that technology, including Internet connection of all types of devices and machines in our daily life, will allow the hotels of the future to be personalized and that each of its spaces, facilities, and furniture be updated continuously to meet the needs of an individual, instantly
  • human contact and personal touch will be more decisive and sought after than ever by guests and that, at the same time, technology will free time for hotel staff to focus on helping guests connect with each other
  • environmental sustainability will be integrated into everything related to the design of a hotel
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  • Guests will look for more moments of tech-free time and one of the challenges of the “hotel industry” will be to address human interaction in a world increasingly focused on technology.
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    This article predicts how hotels are changing with technology and how they will run in the year of 2119. Studies predict that hotels will be more personalized because of technology even going as far as printing 3D food with people order room service at to their rooms. Customer service will definitely be rarer as guests have more ability to do things on their own. The only thing this article doesn't mention is how that might be a problem for the hospitality industry. I think this could be as it can cause less jobs. All in all, hotels will be mainly focused around technology and it will be rare to find those moments where technology is not involved.
mirandajaye

Discuss an Organizational Need for MIS in a Company - 2 views

  • MIS is important because all businesses have a need for information about the tasks which are to be performed.
  • Information and technology is used as a tool for solving problems and providing opportunities for increasing productivity and quality.
  • IS supports operations of a business organization by giving timely information, maintenance and enhancement which provides flexibility in the operation of an organizations.
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  • MIS supports the organization to evolve appropriate strategies for the business to assented in a competitive environment.
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    The article discusses the importance of the MIS job function as we were talking about in this weeks module. MIS is an important job function because it used to provide and use technology to increase productivity, problem-solving and decision making in a business. MIS is a job that will just keep growing and evolving as time goes on.
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