The Future of Data Democratization with Marc Jennings, CIO of Analytics and AI at TUI
Aug 8, 2023
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Marc Jennings, CIO of Analytics and AI at TUI, discusses mastering ABCDS, leveraging data in vertical integration, future of democratized data, and more. Also covers TUI's COVID-19 lessons, decision to use Snowflake, future of AI, and the importance of data collection in travel.
Data plays a critical role in TUI's digital transformation, enabling personalization, process improvement, and data-driven decision-making.
TUI's vertically integrated business model gives them a unique advantage in understanding and serving their customers' needs at every touchpoint.
Deep dives
Overview of TUI's Business Operations and Sustainability Commitment
TUI is a global tourism group that operates various travel agencies, online portals, airlines, hotels, and cruise lines. With a wide portfolio of operations, TUI serves over 20 million customers annually in more than 180 regions worldwide. The company is known for its commitment to economic, environmental, and social sustainability, with over 20 years of dedication to sustainable tourism.
Advantages of TUI's Vertical Integration
TUI's vertically integrated business model allows them to cater to the entire customer journey, from browsing and booking to transportation, experiences, and customer support. This approach helps TUI understand and meet their customers' needs at every touchpoint, providing a seamless and personalized travel experience. While competitors are present in the online space, TUI's vertical integration provides them with a unique advantage in serving their customers.
The Role of Data and Technology in TUI's Digital Transformation
Mark Jennings, CIO of Analytics and AI at TUI, highlights the critical role of data in TUI's digital transformation strategy. By consolidating and harmonizing their data into Snowflake's data cloud, TUI can gain insights and optimize their operations. Data analytics and AI play a key role in personalizing customer communications, improving internal processes, and enabling data-driven decision-making. TUI's digital transformation embraces technology such as generative AI and focuses on key aspects: APIs and real-time events, big data, cloud migration, DevOps, and security.
In this episode, Marc Jennings, CIO of Analytics and AI at TUI, talks about mastering your ABCDS, leveraging data in vertical integration, the future of democratized data, and so much more.
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