AI & SUSTAINABILITY
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Excarta raises $2.5m seed investment round to commercialize AI for business-targeted weather forecasting
Excarta, the pioneer of commercializing AI for business-targeted weather forecasting, has completed its seed round of investment to commercialize its AI-driven weather forecasting platform. The platform, already functional and “real world” proven, enables businesses to easily, quickly and inexpensively access or produce highly accurate, high-resolution weather forecasts for the parameters they care about. These AI-driven weather forecasts can dramatically enhance…
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Airports and Airlines increase IT spend to improve the passenger journey and meet sustainability goals, SITA survey
SITA’s 2023 Air Transport IT Insights report, published recently, finds that both airports and airlines saw IT spend increase year on year into 2023, reaching an estimated 10.8 billion USD and 34.5 billion USD respectively, with over two-thirds of airport and airline CIOs expecting continued growth into 2024. Airports also boosted IT spend as a percentage of revenue in 2022…
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