| | October 20194EditorialAccording to a report by Technavio, the global travel technologies market size is expected to grow by USD 6.4 billion during 2019-2023, growing at a CAGR of more than 9 percent. This is a result of new technologies making inroads into the travel segment and making their mark. The industry is witnessing a growing adoption of Artificial Intelligence as more brands see it as a route to improved customer service and reduced costs. Chatbots are increasingly being used by hotels, and airlines to deliver instant responses to problems and queries. AI is also being used to analyze data to identify trends associated with customer satisfaction, manage inventories and report on business performance. Another exciting emerging travel technology trend is the Internet of Things (IoT), which involves internet-based inter-connectivity between everyday devices, allowing them to both send and receive data. Already, we are seeing examples of its role within the travel and tourism industry and this is only going to increase. Yet another promising tech trend for tourism-related companies is Virtual Reality which allows them to digitally transport customers to a virtual recreation of a specific place. This provides hotels with the opportunity to showcase their rooms, reception areas and even local tourist hotspots on their website, in order to encourage bookings. Last but not least is the recognition technology, face recognition, in particular, which has a great potential for the industry of travel. The main spheres of the technology application are collecting data and identifying the personality of a traveler. Inspired by these technology adoptions, many solution providers have ventured into this segment looking to ameliorate travel industry. In this issue, CIOReviewIndia brings to you a list of 10 Most Promising Travel Technology Solution Providers who have proved their mettle in this domain with their innovative approach. These companies pride themselves on keeping abreast of the latest technological advancements in this domain and leveraging them to their full potential. We hope this issue gives you helpful insights into this market landscape. Sudhakar SinghEditorsudhakar@cioreviewindia.comNew Technologies Making Inroads into Travel Industry PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine/ or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReviewIndiaNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Vimalraj MVeena R PSuanyaEditorSudhakar SinghVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Printed and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2019 Bizprint Media Technologies Pvt Ltd, All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.NoidaTel 120 4639300Anitha TLakshmi GSuchita GonsalvesSamrat PradhanJanifha EvangelineTeja BoncheruvuSales & MarketingAmrit SinghRavi Kalgi Rohit RaghubanshiMadan D SVOL 7 · ISSUE 10 - 4 · OCTOBER 04, 2019
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