Barcelona,17 June 2020. Mind Analytics, a Spanish startup specialised in analytical technology for process optimisation in the tourism industry, and Viewtinet, a provider of network analytics solutions based on big data and network intelligence, have signed a strategic agreement to take artificial intelligence directly in the network. The partnership between the companies will enrich the […]
Fitbooktravel company based in Mallorca, called the ‘Sillicon Valley of Tourism’ aims to help online travel and technology business, with a team of proven experience and customers success oriented to improve distribution and optimize the performance of this type of business. Mind Analytics a spanish startup that creates data-based technology solutions using business intelligence, machine […]
Mind Analytics is proud to announce that We have launched the Partner Program for our platform TRAVEL INTELLIGENCE ENGINE. We will dedicate this article to explain how it works and how the partners can beneficiate of the program. Why the Partner Program? We believe that the best way to help the tourism industry is by […]
In the short term, the situation is serious, and has no indication that it will change, but for the months of May onwards, the situation appears to be different. Most of the programmed stays, between March and May, have been cancelled and reservations have been held up. In addition, the contingency plans and measures established […]
DRV, an association of German agencies and tour operators, predicts a revival in tourism once the information pressure from the coronavirus drops. Yaiza Castilla, the Minister of Tourism, along with the Managing Director of Promotur, Maria Mendez, conveyed the importance of exchanging information with the DRV, which represents 90% of the travel industry and tour […]
Abreu, the most important company in the tourism sector in Portugal, already has the Travel/ie module: Distribution Optimization. This solution will enable them to boost and improve their business through increased intelligence, with machine learning techniques through data study. The progressive growth of the Portuguese market drove the expansion of Abreu to other countries such […]
This technology allows distributors to optimize the management of their products, detect behavior patterns and make personalised offers for each client based on their preference of destination, date or type of accommodation Barcelona, 14 de febrero de 2020.- Mind Analytics, start-up española especializada en analítica de datos para optimizar la toma de decisiones en la […]
Betting on technological development is essential for the future and data are the axis of everything, they are the center of the digital transformation. Without data you can’t do anything, you need data to customize your business, to make applications, to differentiate yourself from the rest, to automate processes… It’s digital oil and now it’s […]
Thanks to this partnership, the firms will provide a unique, groundbreaking and influential product capable of processing large chunks of business information data for the travel industry. This will be achieved in a straightforward way and in real time, vital for the development and growth of any business. Mind Analytics develops a series of applications […]
The history of World Travel Market dates back to 1980, when London’s Olympia Exhibition Centre welcomed 350 exhibitors and almost 8,000 professional visitors. Since then, the industry has changed a lot. WTM now receives more than 30,000 visitors and almost 5,000 companies take part in the fair. As a result, it’s a great platform to […]
The tourism industry has always focused on two aspects in particular: having sales channels covered and having a large amount of product to offer. To attain these two goals, a lot of money has been invested into infrastructure and also into integrations with new providers. Although these approaches are correct, something very important has always […]
Being able to identify these patterns is what will help us make the best decisions and, in a certain way, anticipate the future to secure maximum profits. But how can we identify these changes? The answer is clear: with data analytics and machine learning techniques. There are different patterns to focus on, such as behaviour […]
In order to optimise the tourism product (portfolio) and the technological infrastructure, we need to have the right data, such as: The products that each customer is asking for. What they are and aren’t buying. The products they aren’t asking for and which ones could be interesting to increase conversion. With this data, we can […]
By using new machine learning technologies, we can compare similar customers and identify the products offered, which ones are converted, and which ones aren’t being offered to other customers. All this technology helps optimise the product and get the most out of a travel distributor’s portfolio. It’s also important to know the impact of each […]
Every reservation system receives millions of availability and reservation requests daily. There are failures and errors in this process that can negatively affect the business. For the most part, having to deal with so many requests a day makes it very difficult to evaluate these system errors one by one. Most bedbanks have an error […]
To fully understand the inner workings there is one key factor: data. Data analysis helps bedbanks to achieve optimal and effective tourist distribution. If tourism distributors used all the data available from various systems, they would be more efficient and have more opportunity for growth. At present, approximately 1% to 5% of the data is […]
The machine learns an algorithm which is capable of predicting future behaviour. There is software which is solely aimed at developing Data Science projects using Machine Learning processes. One of these platforms is RapidMiner, a company which is solely and exclusively dedicated to this field and which, for the last seven years, has managed to stay […]
Gartner is the consultancy that does this research to analyse market trends. The study defines 4 different areas depending on whether the product is a leader (maximum rating, as it combines a completeness of market vision and ability to execute), challenger, visionary or niche player. In the case of RapidMiner, it has been the market […]
Businesses today have to cope with a highly competitive market. Business strategy needs to be validated at all times so that company targets are achieved and to check that the decisions made are in line with what has been agreed. Therefore, all the aspects that make up a business, from marketing, financial and operational decisions, […]
This year the theme is “The circular economy in the digital age”, where experts in Digitisation and the Circular Economy will make presentations. They will talk about the tools needed to face current and future market demands. One of the speakers at the event is our colleague Montse Llos. Montse is a computer engineer and […]