M. Tech Computer Science and Engineering (Artificial Intelligence)

The recent growth in application of Artificial Intelligence across business verticals is projected to create 133 million new roles by 2022 according to a report from the World Economic Forum (WEF) called “The Future of Jobs 2018.” This report also envisages the growth of Artificial Intelligence application and this would create more than 50 million new jobs in the next few years.

According to the UNWTO (United Nations World Tourism Organisation) global tourism exports were pegged at 1.7 Trillion USD in 2018, which is 29% of global services exports and 7% of total goods and services exports. Travel industry overall is generates at about 5 Trillion USD and globally the industry is growing at a healthy pace of 4.5% per annum and in India the travel industry is growing at 11% to 13% per annum. The opportunity within the travel industry is twofold, there is an existing homegrown demand and with more and more global travel majors like Airlines, Hotels, Travel Management Companies outsourcing their technology needs to India, there is tremendous demand of professionals who have deep understanding of business and technology.

Artificial Intelligence and Machine Learning applications are playing a major role in the travel industry today. AI has impacted back-end as well as front-end functions within the industry, be it automating processes using RPA (Robotic Process Automation) or by providing customized experiences through intelligent product recommendations or Analysing customer sentiment to position right product mix. In the years to come deployment of AI driven applications will create substantial employment opportunities and many data scientists and engineers will be required to solve the complex problems within the industry.