Wednesday, July 24, 2024
Reading Time: 2 minutesIGT Solutions and AuxoAI have launched IGTx, a groundbreaking solution set to transform the Travel, Transportation, and Hospitality sector by boosting productivity and profitability.
IGT Solutions, a member of the EQT group, has joined forces with AuxoAI in a strategic alliance aimed at enhancing productivity and profitability for clients in the Travel, Transportation, and Hospitality (TTH) sector. This partnership heralds the launch of IGTx, a new business division within IGT Solutions. IGTx will merge IGT Solutions’ established expertise in Data and Digital with AuxoAI’s cutting-edge intellectual property, solutions, and technology ecosystem connections.
The Travel, Transportation, and Hospitality (TTH) sector stands as a powerhouse in the global economy, contributing over USD 11 trillion, or more than 10% of global GDP. With recent advancements in Generative AI, TTH businesses are poised to make significant investments in modernizing their technology infrastructure to become AI-ready. At the forefront of this evolution is IGTx, a new business unit born from the strategic partnership between IGT Solutions and AuxoAI.
IGTx is set to revolutionize the industry by leveraging AI to enhance customer service and support the 25,000+ strong workforce at IGT Solutions. Its advanced AI solutions are designed to streamline key processes such as reservations, lost baggage management, and claims processing, delivering real, measurable value to enterprise technology.
Utilizing state-of-the-art digital, cloud, and AI technologies, IGTx aims to boost operational efficiency and elevate customer experiences. By integrating client data and insights with AuxoAI’s Damia platform, IGTx will craft connected experiences and actionable strategies that drive success.
Leading IGTx is Navneet (Nav) Taneja, who brings a wealth of experience in growing technology businesses and managing complex, multi-domain projects. With over 25 years in the tech industry, including leadership roles at Amazon, Infosys, and most recently Xoriant Corporation, Nav has a proven track record of forging impactful relationships and expanding technology partnerships.
IGT Solutions’ CEO Katie Stein said, “The IGT Solutions and AuxoAI partnership brings together our strengths in digital infrastructure, application development, data engineering, and cognitive and generative AI under a unified business unit. IGTx, with its global team of hundreds of technology experts and industry leaders from Travel, AI, and core Technology sectors, will seamlessly integrate these capabilities to deliver impactful results at scale for leading brands.”
AuxoAI co-founder Amaresh added, “This strategic partnership to launch IGTx recognizes the critical role of vertical-specific AI applications in driving enterprise adoption. By combining industry-specific technology stacks and data models with innovative IP, we are equipping clients with a pragmatic approach to transitioning from legacy systems to modern AI architectures and experience-driven business models.”