Summary:
An Israeli provider of technological solutions in the field of AI created a platform for dynamic pricing analysis and management. The company combines multiple data sources and delivers price recommendations, based on behavioral trends and market prices, that allow retailers to remain competitive and increase their profits. The company is looking for retailers and partners that provide pricing services under distribution services agreement
Description:
The company was established in 2016 and is a provider of technological solutions in the field of AI (artificial intelligence) and it offers a service for dynamic pricing analysis and management.
The platform that they created allows retailers to remain competitive and boost profit via 24/7 price monitoring and real-time changes.
The company emphasizes that pricing is what reflects the true economic value for customers, retail companies and brands. Prices are automatically updated in accordance with online customer behavior, store purchasing habits, market changes and competitor pricing.
The company currently has over 200 customers, most of them in Europe. Working with retail markets including DIY, fashion products, pharma, food products, electronics, and more, recently also in the field of tourism and flights.
They supply concrete data that can create accurate and unbiased pricing decisions, which reflect behavioral trends and market prices.
The company is looking for retailers and partners that provide pricing services under distribution services agreement.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The company has been providing its pricing software solutions mostly in Europe and recently started operating in the United States. The company is looking for medium retail companies for a license agreement. relevant counters parts are usually those who manage the company's e-commerce.
The company is looking for partners such as pricing consultants or companies that provide pricing services under distribution services agreement.
Stage of Development:
Already on the market
IPR Status:
Secret Know-how
External code:
BOIL20201229001
