I was at an event yesterday where the Qantas CTO gave a presentation on work their quite small analytics team were doing. He made a couple of points that some on here may find interesting.
1. They can now do yield management for any bookable flight in minutes instead of half a day.
2. There is a project underway to predict possible critical failures that will impact operations from the mass of unstructured data coming from engines and aircraft systems.
I thought the 2nd project in particular was interesting as it raises so many issues on how the use of information would impact on the workforce and operations.
Incidentally I found it a good presentation that communicated a clear and effectively managed strategy.
1. They can now do yield management for any bookable flight in minutes instead of half a day.
2. There is a project underway to predict possible critical failures that will impact operations from the mass of unstructured data coming from engines and aircraft systems.
I thought the 2nd project in particular was interesting as it raises so many issues on how the use of information would impact on the workforce and operations.
Incidentally I found it a good presentation that communicated a clear and effectively managed strategy.