Sam Altman’s Removal As OpenAI CEO Will Have Significant Implications for GenAI Technologies, Says GlobalData

As enterprises eagerly integrate generative AI (GenAI) into their operations, the market, poised to grow from $1.8 billion in 2022 to a staggering $33 billion by 2027, faces unexpected challenges. The departure of Sam Altman as CEO of OpenAI could have profound ramifications on the evolving landscape of generative artificial intelligence (AI), says GlobalData.

Digital Markets Act (DMA), What Does This Mean for Your Hotel?

The aim of the DMA is to promote fairer competition between all digital players while encouraging innovation within the digital economy. The first impacts of these measures should be felt as early as the first quarter of 2024. This new European legislation could empower hotels and change the nature of relationships with online travel agencies. In this article, we explain what the DMA is and what impact it could have on the hotel industry.

Social Media Giants Face Privacy Challenges and Rise of Decentralized Apps

The landscape of social media is undergoing a transformation as Big Tech faces challenges from privacy regulations and heightened user concerns. The industry’s future rests on navigating evolving user preferences and regulatory pressures, striking a delicate balance between personalized advertising, user data privacy, and innovation, says GlobalData.

Podcast – 10 Simple Rules for Hospitality IT Projects

Diving into the 10 rules for approaching IT projects in hospitality with Frank Wagner, Director International Sales – Hospitality Group at Advanced Computer Technology (ACT) to give you the guide to effective investment. Avoid resource loss and losing time, save thousands in Hospitality IT Projects by following 10 simple Rules – hear the reasoning behind in this episode.

Staying Within Budget in 2024: The EProcurement Advantage – By Johannes Vocke, CFO, FutureLog

Hoteliers know that guest experiences drive revenue. In recent years, leading hoteliers have responded to the pressure to leverage data to deliver more personalised, streamlined stays for their guests. But while hoteliers have been busy moving towards digital customer-facing solutions, they haven’t put as much energy into back-of-house (BOH) transformation. Accenture reports that 95 percent of travel companies are only focused on digital transformation in some parts of their business, but not all of them.