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Sciative sees double digit growth in retail price optimisation business

With the help of Predictive Analytics retailers and ecommerce companies can tap into in-house and market data to identify the specific SKUs which have the biggest impacts on basket size and profit, and then by applying Prescriptive Analytics give right recommendations to category managers to adjust pricing, promotions and assortment in the brick-and-mortar store and online store to boost revenues, profits and customer loyalty.

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Start-Up Forum: Sciative Solutions

With the help of Predictive Analytics retailers and ecommerce companies can tap into in-house and market data to identify the specific SKUs which have the biggest impacts on basket size and profit, and then by applying Prescriptive Analytics give right recommendations to category managers to adjust pricing, promotions and assortment in the brick-and-mortar store and online store to boost revenues, profits and customer loyalty.

AI-powered dynamic pricing: Ensuring sustainability in the travel industry

The Covid-19 pandemic has sensitised a need of artificial intelligence powered dynamic pricing to cope up with the changing supply and demand situations and uncertainty. Travel service providers adjust their prices to be competitive in the markets and to keep aligned with the customer willingness to pay.