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2019 | OriginalPaper | Chapter

Data Is the New Oil

How Data Will Fuel the Transportation Industry—The Airline Industry as an Example

Authors : Marko Javornik, Nives Nadoh, Dustin Lange

Published in: Towards User-Centric Transport in Europe

Publisher: Springer International Publishing

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Abstract

The digital economy creates new business models. These models are based upon platforms that enable both producers and consumers to connect to the ecosystem and create mutual value. A lot of data gets generated in this process, which is core virtue of these systems. Mobility service providers, including airlines, offer mostly physical assets these days. This article intends to depict the most important concepts in terms of data driven companies and will illustrate how the airline industry will be able to profit from this transformation. While today airlines are seen the bridge between airport to airport, a digital transformation has the opportunity to link air traffic with ground transportation modes, making a travel journey seamless.

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Metadata
Title
Data Is the New Oil
Authors
Marko Javornik
Nives Nadoh
Dustin Lange
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-319-99756-8_19

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