Corporate Open Innovation The TravelTech Nation. Itai Green 11/2018
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1 Corporate Open Innovation The TravelTech Nation Itai Green 11/2018
2 ABOUT ME
3 WHAT S IN COMMON?
4 WHAT S IN COMMON?
5 WHAT S IN COMMON?
6 WHAT S IN COMMON?
7 WHAT S IN COMMON?
8 WHAT S IN COMMON?
9 DISRUPTED
10 HAVE TO INNOVATE! The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow -William Pollard-
11
12 ,000 $7 Bn $30 Bn
13 AN INTERESTING SHIFT
14 UNLIMITED OPPORTUNITY No matter who you are, most of the smartest people work for someone else - Bill Joy, Co-Founder Sun Microsystems
15 WHAT S IN COMMON?
16 INNOVATION IS A MUST Cost Quality Speed Efficiency
17 WHAT S IN COMMON?
18 THE STARTUP NATION IN NUMBERS startup / 1,800 Israelis #1 in # patents & R&D spend /capita #2 in absolute # of Startups (US #1) VC investment/capita - x2.5 over US, x30 over EU
19 THE ISRAELI ECOSYSTEM 6000 Startups 9 Public Universities Foreign Govs & Delegation Service Providers 90 VC +~200 Angels & Microfunds 350+ Multi-National Corps 100 Accelerators, Incubators 16 Tech Transfer Orgs
20 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)
21 TRAVELTECH MAP
22 CYBER MAP
23 AI MAP
24 Design partner
25 v
26 TRAVELTECH STARTUPS COMMUNITY - ITTS
27 YOUR OPPORTUNITY IS NOW New companies 58 between between Product stage Released 50% Beta 25% Funding Stage Bootstrapped 45% Pre-seed & Seed 35% A+ - 20% Number of employees % % Over 50-5%
28 TRAVELTECH HUB
29 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
30 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
31 TRAVEL AGENTS - MAIN TRAVEL TECHNOLOGY TRENDS Augmented and Virtual Reality Artificial Intelligence Internet of Things Social Media Networks Data Science Technology
32 RoomerFlex Cancellation Protection For Travel Agents Take the risk out of booking non-refundable. Make any reservation flexible. Cancel for any reason, any time. Up to 24 hours prior to arrival. Get an 80% Refund.
33 Simgo-Mobile Cloud Based Virtual SIM for Cellular Devices - Revenue share model. - Worldwide coverage: Currently 100+ countries and deployable everywhere. - Virtual SIM technology built in. - A fully manged service. - Seamless operation. eyal@simgo-mobile.com
34 Rider A Transfer Booking System For Travel Agents 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. Michael@rider.travel
35 BITEMOJO; THINGS-TO-DO 1 st App to connect travelers to destinations through great local food - Food is integrated and being served as part of the experience. - An experience 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 founders@bitemojo.com
36 Howazit A Pro-Active Customer Care Platform 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. shimia@howazit.com
37 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 helena@flyzen.co
38 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! itai@pruvo.net
39 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? Snir@top-agt.com
40 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. udi@saveatrain.com
41 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. asaf@seevoov.com
42 Gamitee Convert Visitors by Enabling Group Chat Gamitee helps online travel sites convert more visitors to buyers by enabling instant group chat with their friends and family. Better Booking, Together
43 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. amir@whizar.com
44 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
45 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.
46 TRAVELTECH Booking tour system allowing travellers to explore and experience a destination Create customized App for travellers within minutes. In-Destination Experience Management Platform
47
48
49 LET S START NOW! green@innovate-israel.com
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