Emirates President Sir Tim Clark Wants Airlines To Embrace Technology 

Emirates Airline president Sir Tim Clark wants airlines to start embracing technology to keep up with evolving consumer needs and emerging industry standards. In a recent interview with Business Insider, he had strong words for the airline industry, expressing that companies who don’t take steps to incorporate new technologies would “perish”.

Among the technologies mentioned such as robotics and augmented reality, Clark believes that technology should be the core of the business and not a side hustle.

It’s not a question about using advanced technology to increase the way you do your business like ancillary revenue streams because that’s a given,” he says. “It’s not a question of not knocking your companies down internally and rebuilding them on digital platforms. That’s a given for us. It’s not the case for a lot [of other airlines].

Blockchains and cryptocurrencies also weigh heaviy on Clark’s vision for the future. While blockchains have already made their way into other industries like Healthcare, Clark believes that adapting the technology for airlines is essential.

Blockchain is a revolution within a revolution. It’s going to transform everything we do and how you and I interact with each other and things around us.[1]

[1] http://www.businessinsider.com/emirates-boss-tim-clark-warn-airline-industry-technology-blockchain-2018-2

Follow us on social media for the latest updates in B2B!

Image

Latest

One-of-a-kind shopping experiences
The Resurgence of Brick-and-Mortar Stores: One-of-a-kind Shopping Experiences Are Turning Customers into Brand Ambassadors
April 24, 2024

In the convenient world of e-commerce, big box stores are seeing a resurgence. Chains like Dick’s Sporting Goods, Walmart, and Target are experimenting with one-of-a-kind shopping experiences that can turn casual shoppers into loyal fans. In a recent Experts Talk roundtable, Allen Adamson, Co-Founder at Metaforce, highlighted how one-of-a-kind shopping experiences make for exciting […]

Read More
digital augmentations
Revolutionize Customer Engagement Through Digital Augmentations in Physical Retail
April 24, 2024

The digital transformation of retail experiences in physical stores has become crucial as big-box retailers strive to maintain their relevance and competitive edge in a digital era. These retailers are embedding interactive features and digital augmentations in their physical locations to offer unique, engaging customer experiences. This approach merges the tactile allure of in-store […]

Read More
experiences
Enthusiastic and Trained Employees can Enhance Experiences and Drive Success in Physical Retail
April 24, 2024

In today’s retail landscape, big-box retailers are emphasizing the importance of their physical locations, even as the digital marketplace continues to expand. Stores like Dick’s Sporting Goods and Walmart are not just maintaining their brick-and-mortar presence but are actively enhancing it with features like interactive elements and new store openings. This reassertion of the […]

Read More
The Coexistence of Big Box and Small Retail Relies on Synergistic Relationships
April 24, 2024

Despite being long time competitors, big box retailers and small local businesses can both coexist in ways that benefit the other. Of course, both retail formats are different but by maintaining their core business models, the two can bank and leverage their strengths and still be open to synergistic relationships. During an episode of […]

Read More