Corporate Open InnovationThe TravelTech Nation
Itai Green
11/2018
WHAT’S IN COMMON ?
WHAT’S IN COMMON ?
WHAT’S IN COMMON ?
WHAT’S IN COMMON ?
WHAT’S IN COMMON ?
WHAT’S IN COMMON ?
DISRUPTED
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
AN INTERESTING SHIFT
UNLIMITED OPPORTUNITY
“
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No matter who you are, most of the smartest people work for someone else”
- Bill Joy, Co-Founder Sun Microsystems
WHAT’S IN COMMON?
INNOVATION IS A MUST
Quality Speed Efficiency
Cost
WHAT’S IN COMMON?
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
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
TEL AVIV BEFORE SILICON VALLEY
“
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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)
TRAVELTECH MAP
CYBER MAP
AI MAP
Design partner
v
TRAVELTECH STARTUPS COMMUNITY - ITTS
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%
TRAVELTECH HUB
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
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
Artificial IntelligenceAugmented and
Virtual Reality
Internet of Things
Data Science TechnologySocial Media Networks
TRAVEL AGENTS - MAIN TRAVEL TECHNOLOGY TRENDS
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
Simgo-Mobile
- Revenue share model.
- Worldwide coverage: Currently 100+ countries and deployable everywhere.
- Virtual SIM technology built in.
- A fully manged service.
- Seamless operation.
Cloud Based Virtual SIM for Cellular Devices
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.
A Transfer Booking System For Travel Agents
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
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
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
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!
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?
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.
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.
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
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.
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
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.
TRAVELTECH
Booking tour system allowing travellers to explore and experience a destination
Create customized App for travellers within minutes.
In-Destination Experience Management Platform
www.itts.online
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