Russia’s largest airline Aeroflot, has turned to IBM analytics technologies to transform the customer experience of 40 million passengers who fly with Aeroflot annually, helping to increase passenger numbers and brand loyalty.
Through the deal, Aeroflot will use IBM’s advanced analytics technologies to draw insight from vast amounts of structured and unstructured data from across the company’s various properties including travel booking website, social networks, IT and accounting systems among others.
Utilising this data to better understand customer preferences and buying behaviours will allow Aeroflot to improve customer service and conduct more targeted marketing campaigns.
For example, when promoting special offers to new destinations, Aeroflot’s business teams will be able to target travellers with the most relevant profiles and highest levels of potential interest.
“The deployment of analytics technologies will be of great benefit to our customers while searching for and selecting the best offers.
“Personalisation and targeted marketing tools will allow us to proactively attract new customers while successfully developing relationships with our existing base,” said Mikhail Fandeyev, marketing director, Aeroflot.
The new system will use data mining, machine learning and predictive modelling technologies to analyse the buying behaviour of Aeroflot’s customers.
Leveraging over 300 data points including last purchase, purchase history, the number of purchased tickets, destination types and price sensitivity, Aeroflot will be able to create unique customer profiles and more accurately calculate customer lifetime value.
“As Russia’s leading airline, Aeroflot recognised the need to personalise the entire customer experience from ticket to flight,” said Eugene Ostrovsky, head of transport industry solutions, IBM Eastern Europe.
“It turned to IBM’s analytics technologies to draw meaningful insight from the floods of data produced by its business systems and online channels.
“As a long-term partner to Aeroflot and a world leader in analytics, we are providing some of the most advanced technologies available to help turn data into valuable insight and support Aeroflot’s continued transformation and growth.”
IBM’s analytics technologies including BigInsights and SPSS were selected by Aeroflot as a result of a thorough market analysis through which IBM’s business partner Technoserv Consulting was chosen as the system integrator for the deal.