Monthly Archives: November 2020

Importance of Digitalization in Airports for Flight Information

In this era of technology, digital innovation is engaging customers and improving their experience worldwide; the same holds for the aviation industry as well. Notably, the airlines flight information provides details about the various flights operated by different airlines across the globe. Specifically, the digitalization of flight tickets makes them popular among the travelers all over the world, as it enables them you to plan the trip and book flights accordingly.

The digitalized flight information of the modern times helps passenger through numerous ways:

  • Pre-travel- online check-in and online reservation
  • Baggage & security, validation and check-in
  • Passenger-way finding and airport services
  • Gates, lounges and boarding
  • Assistance while on board
  • Assistance during arrivals and immigrations

Digital signage hardware

To ensure proper functioning of the aviation industry, the digital signage hardware is of high importance. It controls messaging from a centralized location, influences the customer by triggering content based on viewer features, and combines their online strategy with in-store. The hardware is effective in boosting sales by utilizing displays for the use of advertisement in several specific situations. Preferably, these include the time when the travelers are waiting in the departure hall, baggage claim area, in the bus and the train platform etc. It also integrates real time information like social media, special announcements, traffic info, weather, and more.

Digitalization in aviation industry

The digitalization is also crucial to track the passengers through their smart phones all through the airport journey. Whether it is departure gate, manage queue or car park, digitalization paved its way everywhere. It is equally effective in building new commercial opportunities through the competency to interact with travelers based on their respective locations. The versatile digital signage offers one stop solution to collect the relevant information related to the airport services and the passengers. Some of the important information types include:

  • Trigger/event and information regarding location
  • Time-schedule information
  • Individual personalized marketing/data relating to boarding pass information & age/gender information
  • Passenger categorizing and counting
  • A collection of all customer-based data in a central customer database for additional processing.

Airport app for flight information

The airport app is the need of the hour for the passengers who are longing for information regarding flight detail, tickets and other services. It prevents you to stand in the long queue and avail the desired information in a few seconds. Some of its beneficial features are as follows:

  • Manage account and stepwise sign up
  • Wi-Fi access on terminal
  • Flight search, show and view flight information, include flight to private calendar
  • Information regarding tickets, discounts and offers on off season
  • Service catalogue, buy and search services, incorporation of payment provider
  • Deals, information and services on the basis of expected user location, memorized flights as well as other contextual information
  • Virtual tour and maps

Stock Market Forecasting – Fundamental and Technical Analysis

Market forecasting is a challenging part of stock market analysis as market prediction has become the most complex task of an analyst. Market forecasting helps a trader to choose the type of security, the time of buy or sell a security and the amount that they should invest on that security.

The type of analysis used by the traders or market analysts falls into two major categories-

1. Fundamental Analysis

2. Technical Analysis

Both of the above methods rely on certain information that comes from various news sources, analytical data or investments charts.

Fundamental Analysis-

Fundamental analysis involves careful study of company’s financial operations, economic condition, assets, debts, management, products and completion. Thus fundamental analysis is based on the study of financial and industry information of a company to predict the movement of the price of its stock. Fundamental analysis is usually helpful in long term investment and day traders do not rely much on it. However some believe that the simultaneous study of fundamentals and technical can result better for day trading.

Technical Analysis

Technical analysis is the method of evacuating securities by analyzing stock charts. It includes the analysis of market data, volume and open interest in order to predict the future trend of a stock. The analysts study the company’s past performance and study the charts to analyze if there are any patterns in the price of that security. Information about a stock’s price, volume and other important information can be displayed on a graphical chart. There are various software where study of such graph can be done very effectively and easily to study the patterns and trends. These patterns further used to determine when to buy or sell a security.