In the 1990s, some saw the beginnings of the internet to be a harbinger of a dystopian future where humans would be so involved in their computers that they would never feel the need to step away from their systems. They would choose to learn, interact, and travel virtually, forgetting the wonders and joys of travels.
Technology has progressed in a different direction – by miniaturizing yet increasing power and capability of processors, computers became our everyday companions instead of our prisons. Technology has also evolved and innovated in various ways to make travel more efficient and interesting – one of the reasons why in spite of those old fears, the travel industry across the globe keeps growing and becoming global in the true sense.
A new generation of human beings – known colloquially as millennials –have grown up in a world where technology has given rise to a more experience-driven economy. 63% of millennials are keener on travelling than paying for material possessions, with 91% of millennials surveyed recently saying that they save money for future travel.
52% also expressed a willingness to work odd-jobs and freelance to get the funds together for an exciting and adventurous trip. To address this demand, many technology-driven startups have innovated to find new ways to make travel easier both for the sector and the individual.
Tech-enabled travel
Companies like Uber and Airbnb have helped revolutionize mobility and hospitality by making it easier for customers to find the most accessible services at the best price point possible – whether it is a home to stay in or finding last mile connectivity from one location to another. As these brands, through their own products have successfully proven, using GPS location technology, service details, and customer data, companies can avoid wastage/ inefficiencies in service delivery.
As a result, by reducing the cost of service delivery and bringing in more transparency, the companies can then pass on the benefits of these savings to the consumer, helping them avail of more affordable and high-quality products. Here are some of the most significant developments that are disrupting the travel technology segment:
MAVEN App:
Travelyaari, India’s leading bus booking platform, recently launched MAVEN – a mobility solution, ETIM/ Smart ETM, that aims to digitize the last mile connectivity and enable information dissemination for the bus transport industry. By interspersing itself into the gaps between customers and bus service providers, the app collects relevant information and presents it in a timely fashion for both parties.
With the mobility solution, bus service providers can get real-time ticketing updates from inside buses, and handle bus inventory, bookings, and cancellations and dynamic pricing easily. Travellers can book tickets on-the-go, track buses via GPS and ensure that no time is wasted just waiting at a bus stop during their precious holiday. This helps both sides cut costs and optimization, eliminate last-minute confusions, and do away with barriers – which is what innovative technology is doing for the travel sector.
MAVEN is one of the most innovative mobility solutions today, with a huge potential to contribute towards furthering the cause of creating a robust cashless economy by enabling digital payments (like wallets and smart cards) inside buses. Making bus transport future-ready and integrating it with the Smart City vision, MAVEN will enable IOT (Internet of Things) inside buses like biometric verification of bus crew, smart sensor-based control systems and entertainment system etc. The solution is designed for both intercity and intracity transport network, taking the bus travel experience and security to the next level.
Smart transit systems:
The transit system segment, a subset of the travel sector, is ripe for disruption. The proliferation of smart cards that enable travellers to use urban or intra-city travel services will revolutionise bus travel, allowing consumers to book tickets, check booking status, easily through the use of NFC (Near Field Communication) technology.
NFC based transport systems have a wide range of capabilities, from offering basic pay-as-you-go facilities, to more complex services that involve the participation of multiple operators and multiple payment options. As a result, bus operators and travel service providers will see a marked improvement in operational efficiency, and reduce costs by eliminating the need for equipment and reducing cash handling. NFC based smart cards are predicted to be the future of the transport segment, with massive positive implications for both the long-distance, as well as hyperlocal travel segment.
IOT (Internet of Things):
IOT (internet of things) is a vision wherein all digital devices are connected with each other over the internet and are interacting with each other to deliver the superior experience to the end customer.
For Transport Industry one of the most important issues is fulfilment issue and requires very efficient processes to monitor products and services so that promised service is delivered to the end customer.
This problem becomes more complicated and challenging with scale. We are very excited about MAVEN buses it enables buses to come on internet network and facilities interactions of various systems inside buses so that all the promised services inside buses can be monitored automatically, issue identified and fixed at the right time to enable promised services to the end customer.
Also, MAVEN can be enabled lot of new innovative services for bus travellers which is not provided currently.
Various systems that can be integrated with MAVEN are following:
- Biometric system for bus crew
- Boarding System
- Entertainment System
- Vigilance and Security System
- Sensor Based Control System
In the 1990s, some saw the beginnings of the internet to be a harbinger of a dystopian future where humans would be so involved in their computers that they would never feel the need to step away from their systems. They would choose to learn, interact, and travel virtually, forgetting the wonders and joys of travels.
Technology has progressed in a different direction – by miniaturizing yet increasing power and capability of processors, computers became our everyday companions instead of our prisons. Technology has also evolved and innovated in various ways to make travel more efficient and interesting – one of the reasons why in spite of those old fears, the travel industry across the globe keeps growing and becoming global in the true sense.
A new generation of human beings – known colloquially as millennials –have grown up in a world where technology has given rise to a more experience-driven economy. 63% of millennials are keener on travelling than paying for material possessions, with 91% of millennials surveyed recently saying that they save money for future travel.
52% also expressed a willingness to work odd-jobs and freelance to get the funds together for an exciting and adventurous trip. To address this demand, many technology-driven startups have innovated to find new ways to make travel easier both for the sector and the individual.
Tech-enabled travel
Companies like Uber and Airbnb have helped revolutionize mobility and hospitality by making it easier for customers to find the most accessible services at the best price point possible – whether it is a home to stay in or finding last mile connectivity from one location to another. As these brands, through their own products have successfully proven, using GPS location technology, service details, and customer data, companies can avoid wastage/ inefficiencies in service delivery.
As a result, by reducing the cost of service delivery and bringing in more transparency, the companies can then pass on the benefits of these savings to the consumer, helping them avail of more affordable and high-quality products. Here are some of the most significant developments that are disrupting the travel technology segment:
MAVEN App:
Travelyaari, India’s leading bus booking platform, recently launched MAVEN – a mobility solution, ETIM/ Smart ETM, that aims to digitize the last mile connectivity and enable information dissemination for the bus transport industry. By interspersing itself into the gaps between customers and bus service providers, the app collects relevant information and presents it in a timely fashion for both parties.
With the mobility solution, bus service providers can get real-time ticketing updates from inside buses, and handle bus inventory, bookings, and cancellations and dynamic pricing easily. Travellers can book tickets on-the-go, track buses via GPS and ensure that no time is wasted just waiting at a bus stop during their precious holiday.
This helps both sides cut costs and optimization, eliminate last-minute confusions, and do away with barriers – which is what innovative technology is doing for the travel sector.MAVEN is one of the most innovative mobility solutions today, with a huge potential to contribute towards furthering the cause of creating a robust cashless economy by enabling digital payments (like wallets and smart cards) inside buses.
Making bus transport future-ready and integrating it with the Smart City vision, MAVEN will enable IOT (Internet of Things) inside buses like biometric verification of bus crew, smart sensor-based control systems and entertainment system etc. The solution is designed for both intercity and intracity transport network, taking the bus travel experience and security to the next level.
Smart transit systems:
The transit system segment, a subset of the travel sector, is ripe for disruption. The proliferation of smart cards that enable travellers to use urban or intra-city travel services will revolutionise bus travel, allowing consumers to book tickets, check booking status, easily through the use of NFC (Near Field Communication) technology.
NFC based transport systems have a wide range of capabilities, from offering basic pay-as-you-go facilities, to more complex services that involve the participation of multiple operators and multiple payment options. As a result, bus operators and travel service providers will see a marked improvement in operational efficiency, and reduce costs by eliminating the need for equipment and reducing cash handling. NFC based smart cards are predicted to be the future of the transport segment, with massive positive implications for both the long-distance, as well as hyperlocal travel segment.
IOT (Internet of Things):
IOT (internet of things) is a vision wherein all digital devices are connected with each other over the internet and are interacting with each other to deliver the superior experience to the end customer.
For Transport Industry one of the most important issue is fulfilment issue and requires very efficient processes to monitor products and services so that promised service is delivered to the end customer. This problem becomes more complicated and challenging with scale.
We are very excited about MAVEN buses it enables buses to come on internet network and facilities interactions of various systems inside buses so that all the promised services inside buses can be monitored automatically, issue identified and fixed at the right time to enable promised services to the end customer.
Also MAVEN can enabled lot of new innovative services for bus travellers which is not provided currently.
Various systems that can be integrated with MAVEN are following:
- Bio metric system for bus crew
- Boarding System
- Entertainment System
- Vigilance and Security System
- Sensor Based Control System