Travel
PredictX unveils AI-powered air sourcing application
Travel technology specialist PredictX has launched a new application designed to help corporate travel managers to optimise their air programmes.
The app, called Air Sourcing Navigator, pulls in a company’s air travel and expense data from the PredictX analytics platform.
This information is then analysed and benchmarked to identify opportunities for travel managers to negotiate or renegotiate better deals with airlines on specific routes or classes of travel.
The company said in a statement that the PredictX platform collects data from sources such as TMCs, expense systems, credit cards, online booking tools, suppliers and HR systems.
Air Sourcing Navigator also uses technology from PredictX’s AI-based platform sheri.ai, which was launched in November 2023, to allow users to “interpret the data in more detail”.
Keesup Choe, CEO of PredictX, said: “Our platform puts the power of AI at their fingertips, so that they can immediately make better decisions based on accurate data and predictive insights.
“We identified air sourcing as an area where buyers would benefit from our AI-led approach to data science to make informed decisions based on dynamic insights. We are therefore delighted to be bringing Air Sourcing Navigator to market as our latest product innovation.”
Choe added that the company would be unveiling applications for hotel and ground transport sourcing later in 2024.