Corporate Open Innovation The TravelTech Nation...Israeli VAT recovery startup VATBox raises $20...

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Corporate Open Innovation The TravelTech Nation Itai Green 11/2018

Transcript of Corporate Open Innovation The TravelTech Nation...Israeli VAT recovery startup VATBox raises $20...

Page 1: Corporate Open Innovation The TravelTech Nation...Israeli VAT recovery startup VATBox raises $20 Million Israeli Hotel Tech Startup Fornova Secures $17 Million in New Funding Property

Corporate Open InnovationThe TravelTech Nation

Itai Green

11/2018

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WHAT’S IN COMMON ?

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WHAT’S IN COMMON ?

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WHAT’S IN COMMON ?

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WHAT’S IN COMMON ?

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WHAT’S IN COMMON ?

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WHAT’S IN COMMON ?

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DISRUPTED

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HAVE TO INNOVATE !

The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow

-William Pollard-

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19748000

32,000$7 Bn

20080

2000$30 Bn

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AN INTERESTING SHIFT

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UNLIMITED OPPORTUNITY

No matter who you are, most of the smartest people work for someone else”

- Bill Joy, Co-Founder Sun Microsystems

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WHAT’S IN COMMON?

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INNOVATION IS A MUST

Quality Speed Efficiency

Cost

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WHAT’S IN COMMON?

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THE STARTUP NATION IN NUMBERS

201

04

02

032

1 startup / 1,800 Israelis

#2 in absolute # of Startups (US #1)

VC investment/capita - x2.5 over US, x30 over EU

#1 in # patents & R&D spend /capita

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THE ISRAELI ECOSYSTEM

6000 Startups

Foreign Govs & Delegation

90 VC +~200Angels & Micro-funds

100 Accelerators, Incubators

16 Tech Transfer Orgs

350+ Multi-National Corps

Service Providers

9 Public Universities

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TEL AVIV BEFORE SILICON VALLEY

Instead of going to Silicon Valley to open the next Tech Centre, we actually gonna do it here in Tel-Aviv

- Gillian Tans. CEO Booking.com- (September 2017) (Channel 2 news)

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TRAVELTECH MAP

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CYBER MAP

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AI MAP

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Design partner

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v

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TRAVELTECH STARTUPS COMMUNITY - ITTS

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YOUR OPPORTUNITY IS NOW

New companies

58 between 2011-2013

103 between 2014-2016

Funding Stage

Bootstrapped – 45%

Pre-seed & Seed – 35%

A+ - 20%

Product stage

Released – 50%

Beta – 25%

Number of employees

1-10 – 80%

10-50 – 15%

Over 50 - 5%

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TRAVELTECH HUB

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WINNERS !

Israeli startups shine at Visa's Everywhere Initiative competition Israel excels in the Visa

Everywhere Initiative with strong representation across all stages, eventually producing two of the three winners

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Selina raises $95M to create a boutique travel lodging experience built around communities

Sweet Inn Raises $22 Million for Serviced

Israeli VAT recovery startup VATBox raises $20 Million

Israeli Hotel Tech Startup Fornova Secures $17 Million in New Funding

Property management co Guesty raises $20M

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Artificial IntelligenceAugmented and

Virtual Reality

Internet of Things

Data Science TechnologySocial Media Networks

TRAVEL AGENTS - MAIN TRAVEL TECHNOLOGY TRENDS

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RoomerFlex

Take the risk out of booking non-refundable.

Cancel for any reason, any time.

Make any reservation flexible.

Up to 24 hours prior to arrival.

Get an 80% Refund.

Cancellation Protection For Travel Agents

[email protected]

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Simgo-Mobile

- Revenue share model.

- Worldwide coverage: Currently 100+ countries and deployable everywhere.

- Virtual SIM technology built in.

- A fully manged service.

- Seamless operation.

[email protected]

Cloud Based Virtual SIM for Cellular Devices

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Rider

• Connecting travel agents and passengers to vehicle operators.

• For all modes of transfers, including private cars, shared shuttles, and limos.

• A secure online and real-time reservation booking .

• Bring the advanced reservations of vehicles to the on-demand world.

• Helping agents and passengers book a trustworthy and affordable reservation.

• Secure technological innovation to fleet operators and drivers, and enabling them to

provide better service, 24/7.

[email protected]

A Transfer Booking System For Travel Agents

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BITEMOJO; THINGS-TO-DO

1st App to connect travelers to destinations through great local food

- Food is integrated and being served as part of the experience.- An experience - 3-6 food dishes starting at 12 Euros, so very easy to

bundle it inside a holiday package.- In 11 cities. Already served over 80,000 bites. - White-label for B2B.- Worked with Nespresso, Fattal hotel chain, government of Israel and

other leading brands in the travel industry.- A dedicated interface to travel agents and offer 15-20% commission.- Won more than 5 international awards, including VISA and BOOKING.com

[email protected]

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Howazit

Talking WITH your customers NOT TO your customers

✓ Elevating Customer Satisfaction & Bottom Line.

✓ Lifting Dramatically upsells & cross sales.

✓ Automatic service recovery.

✓ Maintaining Stellar Online Customer Reviews.

✓ Managing Realtime Actionable & Insightful Data.

A Pro-Active Customer Care Platform

[email protected]

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Flyzen Technologies

Flight delay prediction & compensation

Flyzen provides an instant and proactive services such as:

• A simple REST API providing Delay risk predictions.

• Trip monitoring and event alerts from booking to landing

• ‘Fly For Free’ or Lounge access in case of delayed flight

• Customization of the service and white labeling

• Increase revenue and customer satisfaction

[email protected]

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Pruvo

Same room for a lower price

- Pruvo takes an existing hotel reservation, tracks its price & gets you the exact same room for

a lower price.

- Pruvo for OTAs / Travel Agencies:

- Your customer booked only a flight? They probably booked the hotel somewhere else.

- The Solution:

1. Offer them the service of Pruvo as an additional service.

2. Pruvo will track the prices both on booking sites & on your booking engine.

3. The customer rebooks and earns you a commission!

[email protected]

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Top Agent

A Management Solution for Travel Agencies and others

- The premiere back office software that serves as a comprehensive management solution for travel agencies, wholesalers and retailers, incoming and domestic tourism.

- Simple-to-navigate dashboard that allows you to manage and operate your business efficiently to promote growth.

- ERP, BI, AI , CRM , Project Management, Automated check-in, Mobile app , B2B , B2C and more amazing features.

- Ready to save time, generate more sales, and ultimately, boost your bottom line?

[email protected]

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Save A Train

Train Travel Booking Made Easy

- Booking a train ticket is unnecessarily complicated.

- No “Skyscanner” with worldwide train tickets offers.

- Best rail technology, UX and price for trains ALWAYS.

- 1 centralized place where you can book all your European trains.

- Soon also USA/Canada/Japan/UK/China/Australia.

[email protected]

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SeeVoov

A Trip Planning Experience Based on Videos Watching

- Social, interactive video based trip planner.

- Inspire. Plan. Travel – A to Z.

- Cross web platform (Web, mobile web, mobile application and smart TV).

- Automatic video tagging system based on environmental detection.

- Beta testing completed, worldwide users.

[email protected]

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Gamitee

Convert Visitors by Enabling Group Chat

Gamitee helps online travel sites convert more visitors tobuyers by enabling instant group chat with their friends andfamily.

[email protected] Booking, Together

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Whizar

An AI Based Flight Booking Platform That DOUBLES Revenues

- AI based booking platform which generates new revenues and increase conversion rate on air ticketings for travel agencies.

- Saving 12% of the flight tickets prices, for about 15% of the bookings -> doubling the profits on your existing flights volume.

- Predicting future airfares and leverage it to smartly delaying ticketing to the time the airfare is the lowest.

- The integration process is low-touch and requires almost no effort by the OTA/TMC.

[email protected]

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TRAVELTECH

A ground travel booking platform (buses, ferries and trains)

Online boutique cruise booking platform

Pinsteps - creating and sharing digital tours

3D content management system

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TRAVELTECH

A mobile VAT refund process Local close communication network for the guide and tour members.

Interact with clients over a map which increases customer engagement and conversion.

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TRAVELTECH

Booking tour system allowing travellers to explore and experience a destination

Create customized App for travellers within minutes.

In-Destination Experience Management Platform

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www.itts.online

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LET’S START NOW !

https://www.innovate-israel.com

+972-50-5496655

[email protected]