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+ Upselling Using Partner Data: How Trading Partners Can Work Together to Enrich Semantic Offers Moderator: Larry Smith, Thematix Panel: Buddy Altus, VP Sales and Distribution, Avis Budget Group Debbi Stone, Senior Director Sales and Reservations Systems, Amtrak Dr. Deborah McGuinness, Professor, Tetherless World Constellation Chair, Rensselaer Polytechnic Institute Elisa Kendall, Partner, Thematix 2012 North American Advisory Forum Miami, Florida April 2012

OpenTravel Advisory Forum 2012 Semantic Offers

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OpenTravel panel presentation looks at the ways travel industry leaders can provide value by developing semantic ontologies in conjunction with travel partners in order to make more intelligent offers to customers.

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Page 1: OpenTravel Advisory Forum 2012 Semantic Offers

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Upselling Using Partner Data:

How Trading Partners Can Work Together to

Enrich Semantic Offers

Moderator: Larry Smith, Thematix

Panel:

Buddy Altus, VP Sales and Distribution, Avis Budget Group

Debbi Stone, Senior Director Sales and Reservations Systems, Amtrak

Dr. Deborah McGuinness, Professor, Tetherless World Constellation

Chair, Rensselaer Polytechnic Institute

Elisa Kendall, Partner, Thematix

2012 North American Advisory Forum

Miami, Florida April 2012

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Words deliver value

when put in a proper place

The Business Value of Open Travel Alliance

Schema 2.0 with Ontology

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+ OpenTravel Alliance XML 2.0 Schema

Used to more easily build software that is interoperable with disparate travel systems.

Schema describe the contents of messages that make up transaction services & processes

Capitalizes on OpenTravel’s established CIEM (common information exchange model) vocabulary to:

Complement advances in XML and address the changing way businesses use XML in the travel marketplace

Provide XML business objects (versus monolithic XML messages)

Provide implementer (proprietary) extensibility

Provide faster enhancements to the specification—and more frequent publications

Support metadata tagging for use by ontologies

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+ Ontology

OpenTravel Alliance has been working on a project to

produce a car rental ontology using components donated by

Avis Budget Group as constructed by Thematix

An ontology defines the meaning of words in messages,

permitting reasoning, association and rule-based operations

A shared ontology enables trading partners to leverage

interactions between themselves in service of customers

Basic Terminology & Ontology Metadata

Language Countries Geospatial &

Addressing Time & UoM

Agents/People Facilities Contracts &

Offers Basic CRM

General Renter

Profile

Rental Car

Facilities

Rental Contracts

& Offers Rental Eligibility

Vehicle

Description

ACRISS / OTA

Vehicle Codes

Metadata

Standard Utility Concepts

Business Capability Concepts

Common Domain Terminology

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+ 2.0 Schema + Ontology = Value

XML is like the syntax of a natural language

Good grammar, but does not express meaning

Add ontology to web services & XML objects to

give words meaning within the XML syntax

The result is a meaningful conversation and

interaction

Real language and ideas

Inference and reasoning

Differentiated interaction

Increased satisfaction

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+ Customer-facing Conversation

Customer Intent

I would like to rent a “green”

car

We’re a big family with lots of

luggage

Are any “rock star rooms”

available

Are Premium Coach seats

available for upgrade

Benefit and Value

Natural Language inquiry

Connect concepts to message

contents

Enable inferences based on

message content

Customer benefits fulfilled by

passing data between

partners

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+ Internal-facing Interactions

Business Intent

Indications of price sensitivity

How influential is the customer

How reliable is this booking

What type of trip: business,

pleasure, other

Attributes like party size,

luggage, other requirements

Benefit and Value

Enhanced cluster profiles (segmentation)

Superior service and service flags: we understand you

Alternative products and pricing unique to partner/ supplier

Enable multi-channel/device dialog over full itinerary

Data is there: make it visible and use what’s actionable

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Let’s consider some specific examples

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Contact Information:

Thematix

http://thematix.com

Address:154 West 18th Street, 5b, New York, New York

10011

E-mail: [email protected]

Phone: (917) 275-7343