AI And Blockchain Innovations For Market

Through our strategic technology partnerships, we navigate the complexities impacting our customers and simplify the major burdens that are slowing down our travel industry. With IBM, we’re combining our established infrastructure, deep industry expertise and powerful technology capabilities to help drive innovation for travel

- Mike Croucher

This is an interesting time for the travel industry, where we’re seeing how emerging technologies like artificial intelligence (AI) and blockchain can have a positive impact on our customers. Our partnership with IBM allows us to not only bring these innovation proof of concepts to life, but to deliver them to market so that our customers and partners can thrive — and together, we can enhance the entire travel experience for everyone. For example, last year we launched IBM Travel Manager, a joint product from IBM and Travelport that combines our data with AI to improve management of corporate travel spend.

The Impact of Tech on Travel

Companies are now taking advantage of IBM Travel Manager, an industry-first solution we commercialized for intelligent, efficient decision-making driven by powerful data analytics and AI. At Travelport, we process over $89 billion worth of travel spend annually and manage around 15 billion shopping searches each month, enabling us to capture and understand a rich cross-section of highly relevant travel intelligence. The platform combines Travelport’s data-led insights and IBM Watson AI to intelligently track, manage, predict and analyze travel costs and trends in one place. Now available to travel managers and travel management companies, this innovation has the potential to significantly change how companies manage and optimize their travel programs.