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DUBLIN, July 01, 2024 (GLOBE NEWSWIRE) — The “Airbnb, Inc. – Digital Transformation Strategy” company profile has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth look at Airbnb's technology activities, including its digital transformation strategy, innovation programs, technology initiatives, estimated ICT budget, and major ICT contracts.
Airbnb Inc (Airbnb) operates an online hospitality services platform. The company offers a mobile application (app) that enables users to list, search, and book unique accommodations around the world. The app enables hosts to list their rental properties for guests to rent or lease on a short-term basis, including vacation rentals, apartment rentals, homestays, castles, tree houses, and hotel rooms.
In 2023, Airbnb and the Malaysia Digital Economy Corporation (MDEC) joined forces on MDEC's first-ever DE Rantau initiative, which aims to establish Malaysia as a preferred hub for digital nomads in the region. Under this partnership, Airbnb and MDEC will work together to identify and promote digital nomad-friendly listings in the DE Rantau hub on Airbnb. These MDEC-certified listings will provide travelers with amenities suitable for digital nomads.
In December 2022, Airbnb partnered with Dubai Economy and Tourism (DET) to launch the Dubai Remote Work Hub, a one-stop shop for remote workers. In early 2022, Airbnb launched the “Live and Work Anywhere” initiative to identify remote worker-friendly destinations around the world. Under the “Live and Work Anywhere” program, Airbnb and Dubai Economy and Tourism will promote Dubai to remote workers seeking accommodation and guidance for long-term stays.
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Airbnb leverages AI across its services, including large-scale language models, computer vision models, and machine learning. The company released an AI-powered photo tour tool in 2023, and in the same year acquired GamePlanner.AI to accelerate select AI projects and integrate its tools into its platform. The company has used AI technology to improve decision-making through data analysis, enhance customer understanding through AI-powered tools, streamline product development through AI-driven automation, and make AI-driven decisions for risk management.
Airbnb leverages ML and data analytics technologies to personalize recommendations to users based on their preferences, past bookings, and search history, and this personalized approach increases user satisfaction and encourages repeat bookings. To provide personalized recommendations to Airbnb Experience guests, Airbnb has developed an ML-based search engine that surfaces and suggests Airbnb Experiences based on past bookings, clicks, and browsing history.
Airbnb uses cloud infrastructure to run and grow its daily operations. The cloud enables Airbnb to process and analyze gigabytes of data every day; smoothly run a variety of applications such as search, payments, messaging, and content moderation; securely store and manage terabytes of data and files such as property photos and guest and host profiles; monitor server resources; and quickly perform time-consuming database administration tasks such as database replication and scaling. Running its operations on the cloud has enabled Airbnb to save on operational overhead, scale its operations quickly, and quickly respond to changing customer demands with new products and services.
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Key topics:
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Digital Transformation Strategy
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investment
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ICT Budget and Contracts
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For more information on this company profile, please visit https://www.researchandmarkets.com/r/1jii64
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