Singapore — 10th October 2024 — A dedicated Data & AI Center of Excellence (CoE) was established by IBS Software, a leading provider of SaaS solutions, for the travel and hospitality industry. The move promotes AI innovation in those sectors while ensuring the responsible implementation of AI-powered technologies and tools.
The launch of the CoE will help IBS Software provide its clients with cutting-edge solutions that incorporate AI and data technologies. Moreover, the CoE will focus on discovering, prioritizing and implementing use cases for AI. Yet, creating responsible AI procedures that put user privacy and data security first will also be a key area of focus.
The CoE will be led by seasoned specialist George Varghese, who has over 25 years of experience in AI, machine learning, data analytics and finances. Varghese’s aim will be to ensure ethical AI adoption within the travel and tourism industry.
Varghese, a co-founder of the hedge fund Piquant Capital, realized the transformative potential that AI can have in the travel industry. He explained,
“The travel industry has vast untapped potential for AI-driven innovation. Creating this new initiative will enable our teams and customers to work together to create meaningful, data-driven solutions that redefine travel and hospitality.”
Chris Branagan, the Chief Technology Officer at IBS Software, added that its goal is to redefine travel experiences using AI-driven, industry-first innovations while adhering to privacy and security. On George Varghese leading the CoE, he expressed,
“George’s extensive experience and vision for responsible AI align perfectly with our strategy to drive industry-leading solutions.”
Latest News:
Companies Using AI Processes See 2.5x Revenue Growth – Accenture
IBM Drives AI Digital Shift for Dongming Petrochemical’s Global Growth
What is your reaction?
