Analytics technology provider PredictX has launched an AI-powered air sourcing insights tool that aims to help corporate travel managers optimize their air program performance, the company announced.
The Air Sourcing Navigator analyzes data from the PredictX platform—which includes data from more than 200 pre-built connectors including travel management companies, expense management platforms, credit cards, online booking tools, global distribution systems, HR systems and the general ledger—and finds negotiating opportunities for travel managers with their airline programs. This might include the chance to renegotiate a better deal on certain routes, carriers or classes of travel, according to PredictX.
In addition, the tool incorporates natural language processing technology from PredictX’s AI assistant, Sheri.ai, to aid travel managers in understanding the data. A travel manager, for example, could ask the tool to provide a graph to explain how a negotiating decision could bring savings.
The company plans to release AI-enabled sourcing tools for hotel and ground transportation programs later this year, according to PredictX CEO Keesup Choe.
