Bangalore Techies achieve Prediction of Ticket Confirmation based on Past Ticketing Trends
www.ConfirmTkt.com – Predicts Train Ticket Confirmation chances based on Historic Trends
Indian Railways is one of the largest Railway network in the world under single management with track length bigger by five-and-a-half times than that of earth’s equatorial diameter. The total population of European Union as of October 2013 was estimated to be 74.25 Crore (742.5 million), whereas, the total number of passengers travelling by Indian Railways is more than 90 Crore (900 millions) of which the reserved passengers’ lot is somewhere at 78 Crore (780 million) per annum.
Is it not surprising that we all crossed our fingers when we attempted booking a reserved ticket to travel on Indian Railways, leave alone the hypertension we get after booking a ticket in the hope that its will be Confirmed gradually by the time the train starts, hoping that some passengers may cancel their confirmed reservations etc.
But many a times our hopes are thrashed. We keep on hanging on the Waiting List and finally the seat goes to someone else. Booking tickets at the last moment and clinching on to the miraculous hope of not sharing a seat while travelling – all these small wishes come to a halt every time.
Won’t it be good if there was a ‘predictor’ that could notify us in advance whether to book a ticket or not or how soon our ticket would be a confirmed one?
Yes, there is something like that and it is www.confirmtkt.com
ConfirmTkt is on mobile too. One can Download ConfirmTkt Adroid application for free of cost @ http://goo.gl/Xx65TX
Confirmtkt.com solves the biggest problem of the 70 Crore train travelers in India. It predicts the ticket confirmation chances if the ticket is in waitlist. It helps users decide whether to book or not.
Searching Trains, Predicing ticket confirmation chances for the searched trains, helping users to take a decision on booking and predicting the PNR confirmation chances are some of its attractive features.
How it Started?
Bangalore based Dinesh and Sripad, who founded Confirmtkt, personally experienced all the above difficulties of getting a train ticket confirmed to travel to their native places. Whenever they tried to book a ticket and all they would get was waiting list. They started booking tickets by analyzing the past trends manually. And the idea dawned upon them. They thought that why couldn’t they build something that will analyze and tell the user whether to book a ticket or not. And that is how their journey started.
About Dinesh and Sripad:
Both met when they were working at IBM and were roommates too, and were energised with fire to start something on their own with innovation and technology and became crazy about it. Initially they thought of an online grocery store, a restaurant and many more the list goes on. At last in October 2011 both started with an Android App @ ”Meterup”.(https://play.google.com/store/apps/details?id=com.nuron.meterup&hl=en) – the R&D of which finally led to invention of www.confirmtkt.com
The company’s goal is to become a one stop travel portal which can get a confirmed ticket for its users even if it involves checking all the all the possible options. And to help achieve their goals, they need investors to help them expand our operations, hire new talent to build new features and market/advertise their product.
Sripad Vaidya is a pure Analytics guy who takes care of all the non-technical stuffs like data Analytics,Marketing,Branding etc and Dinesh Kumar Kotha, a core technical guy implement anything and everything.
Sripad is working with a startup in Chennai. He graduated from SASTRA University, Thanjavur in 2010 and Dinesh is working with a startup in Bangalore. He graduated from NIT-Jamshedpur in 2010.
One would want to know the mechanism that Confirmtkt uses to predict the status of tickets. And it’s quite simple to understand. The intelligence behind the ConfirmTKT PNR predictions is very close to how humans think. Humans predict and act on the future based on past experiences. In the similar way, the ConfirmTKT algorithm analyses the past ticketing trends and predicts one’s ticket confirmation chances. It maintains confirmation thresholds for every train and predicts the ticket confirmation chances based on them. It is designed in such a way that it learns while predicting. So, the more it predicts the more accurate and efficient it becomes.
As they say, there’s no smooth journey in the path of success. Dinesh and Sripad too faced a lot of challenges. “Collecting data of all Indian trains and deriving logic out of it was the toughest challenge we faced” says Sripad. Being a 2 member team and handling all the tasks from regular website maintenance, new user acquisition, responding to the users’ queries become a daily challenge for them. However, nothing stops them as they coordinate pretty well with each other.
Its transparency, user data privacy and security, user experience, High mobile penetration and Clean user interface is what makes us different.
“Initially our accuracy was 88% when we launched. But now due to machine learning techniques used, our accuracy has improved and now it’s almost 94%” says Sripad.
Also the logic used for prediction is totally unique. What’s more interesting is that while predicting, the website takes into consideration things like – Day of Travel, whether it’s a weekday, weekend or a holiday, quota of travel, etc. which other websites don’t.
Application Description:
Confirmtkt.com solves the biggest problem of Indian train travellers. It helps the users decide on the booking and avoid last minute hassle.
It has the following features:
Search Trains
Predict ticket confirmation chances for the searched trains and helps the users to take a decision on booking
Predicts the PNR confirmation chances
Subscribe for Email notifications
Many attractive features which will further help the users and change the way train tickets are booked are on the way.
How it Predicts?
The intelligence behind the ConfirmTKT PNR predictions is very close to how humans think. We humans predict and act on the future based on past experiences
In the similar way ,ConfirmTKT algorithm analyses the past ticketing trends and predicts your ticket confirmation chances.
ConfirmTKT maintains confirmation thresholds for every train and predict the ticket confirmation chances based on them.
ConfirmTKT is designed in such a way that it learns while predicting. So, the more we predict the more accurate and efficient we are.
Know more about it by watching this short video @ Youtube
https://www.youtube.com/watch?v=fPkBs9xCjkk
Connect us on facebook @
https://www.facebook.com/confirmtkt
Twitter @
https://twitter.com/ConfirmTKT
Google Plus @
https://plus.google.com/b/105027956770078790337/105027956770078790337/posts
Some Statistics about ConfirmTkt:
Here are some more stats as of 21th Aug,2014:
4978 PNR registered with us for notifications
PNR Predicted (Including PNR Registered) is 10459
Unique Page Views 33,782
3865 Mobile app users
Almost 30% users are returning users
Peak traffic till now 289 parallel users
Mission: To become a one stop travel portal, which can get a confirm ticket whatever it may be by checking all the possible options.
News and Media:
IndianWeb2:
http://www.indianweb2.com/2014/07/predict-confirmation-train-ticket-confirmtkt/
Witty Sparks :
http://www.wittysparks.com/confirmtkt-com-for-those-who-love-to-travel-by-the-train/#.U-uF42P5H0p
KnolZone:
http://knolzone.com/2014/08/confirmtkt-predicts-ticket-confirmation-waitlisted-tickets-actual-booking/
Inc42.com:
http://inc42.com/startups/confirmtkt-analyzes-past-ticketing-trends-predicts-ones-ticket-confirmation-chances/
When contacted, a senior resource from Railway Board said, innovation has now become core of Indian Railways particularly when Narendra Modi called for patronage of indigenous technologies and innovations in Railways working. Both Sripad and Dinesh will be honoured by the Railway Ministry at an appropriate time.
Source : RailNews.
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