Price Optimization

Price Optimization delivers real-time, personalized, AI driven price recommendations tailored for every unique buying and selling interaction. Price Optimization includes a library of modules to solve for varied business use cases, including negotiated price optimization, eCommerce price optimization, retail price optimization, cost optimization, capacity aware optimization and more. Leveraging a Neural Network approach, this system uses available data points across products, transactions, customers, seasonality, and market information to of forecast optimal prices that accelerate deal velocity, improve customer satisfaction, grow market share, and typically drive 100-300 basis points of margin improvement.