{"id":58682,"date":"2023-04-25T15:34:33","date_gmt":"2023-04-25T13:34:33","guid":{"rendered":"https:\/\/intellias.com\/?post_type=blog&p=58682"},"modified":"2024-07-23T09:26:13","modified_gmt":"2024-07-23T07:26:13","slug":"the-transformative-power-of-cloud-computing-in-the-travel-industry","status":"publish","type":"blog","link":"https:\/\/intellias.com\/transformative-power-of-cloud-computing-in-the-travel-industry\/","title":{"rendered":"The Transformative Power of Cloud Computing in the Travel Industry"},"content":{"rendered":"

Travel CEOs are looking to harness the cloud in travel applications as an effective means of cost optimization, service diversification, and achieving better business outcomes in a highly competitive market.<\/p>\n

Modern cloud platforms, AWS<\/a> and Microsoft Azure<\/a> being the most obvious examples, offer an array of tools and cloud-based technologies that help companies like Intellias<\/a> build scalable travel platforms<\/a>, rental management systems<\/a>, and a variety of other solutions.<\/p>\n

This article takes a deeper look at the increasing role of cloud computing in the travel industry. It explores the business benefits of adopting cloud technologies and laying out a cloud strategy for years to come.<\/p>\n

What are the business benefits of the cloud in the travel industry?<\/h2>\n

If you are reading this article, chances are that you either work for or run a company in the travel business \u2014 anything from a boutique-type agency selling tours to just a handful of select destinations, to an international travel operator with thousands of clients and partners. There are multiple differences between such travel companies, but the one thing they are likely to have in common is the outdated, cumbersome, on-prem software they\u2019ve been using for decades.<\/p>\n

Travel executives are well aware of this problem and fully realize that their failure to keep up with global technology trends may undermine their business and, even more important, will not enable them to lay a solid foundation for future growth and diversification. The solution lies in the wider adoption of cloud computing in the travel industry.<\/p>\n

The benefits of implementing cloud services are diverse and profound, so let\u2019s mention just a few of them:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n<\/th>\n<\/tr>\n<\/thead>\n
Considerable cost savings<\/strong><\/td>\nSwitching to a cloud infrastructure takes away the need for significant upfront investments in servers, network hardware, and specialized software, and instead allows companies to pay for only what they use, leading to significant cost savings.<\/td>\n<\/tr>\n<\/tbody>\n
Remarkable scalability<\/strong><\/td>\nThe cloud enables travel businesses to dynamically scale their operations up or down quickly and easily (or even automatically), depending on fluctuating demand for storage and compute power. This optimizes the use of resources and results in truly efficient cost management.<\/td>\n<\/tr>\n
Unmatched flexibility<\/strong><\/td>\nCloud-native systems can be accessed 24\/7 from anywhere in the world, making it easier for travel agents, tour guides, booking managers, and other personnel to work remotely, effectively collaborate with their colleagues, and access information on the go from their mobile devices.<\/td>\n<\/tr>\n
Centralized data management<\/strong><\/td>\nOnce you migrate to the cloud, you start enjoying the luxury of having all of your data stored in a single, central location, which makes it much easier to analyze the data generated by your company\u2019s operations, produce increasingly accurate forecasts, and deliver much more personalized customer experiences based on the history of their travel.<\/td>\n<\/tr>\n
Better customer service<\/strong><\/td>\nCloud services enable travel businesses to be more effective by granting employees real-time access to up-to-date information about customers, including preferences, orders, and past interactions of any sort.<\/td>\n<\/tr>\n
Improved security<\/strong><\/td>\nAny cloud-based solution typically offers better security features than traditional on-premise systems, including strong encryption, multi-factor authentication, and other advanced security options.<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

How does the travel public cloud accelerate digital business innovation?<\/h2>\n

The global tourism industry has performed a quantum leap in a matter of just 10-15 years, parting with nearly all physical offices and moving almost all operations online. According to recent stats by Research and Markets<\/a>, online sales in travel are going to reach a whopping $1.8 trillion by the year 2025 and travel cloud innovation will be the key driver of this process.<\/p>\n

This aligns well with the general statistics on cloud usage as more and more enterprises embark on their cloud journey. Consider some impressive numbers (research by Zippia<\/a>):<\/p>\n