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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Akur8 harnesses advanced machine learning and predictive analytics to revolutionize the pricing process for insurers, delivering unprecedented speed and precision while ensuring complete transparency, auditability, and control over the developed models. It stands out as the sole technology available that automates the creation of production-ready Generalized Additive Models and Generalized Linear Models. By utilizing its innovative proprietary algorithms, Akur8 significantly enhances business value by revealing potential improvements in the combined ratio that were previously overlooked. This technology empowers actuarial pricing teams to create highly accurate models in record time, enabling quicker and more informed decision-making. Additionally, to maximize value and provide extensive flexibility, Akur8 is equipped with API capabilities, allowing for rapid exploration of data sources, the ability to construct custom features, and seamless integration into existing pricing processes, further enhancing the overall efficiency of insurers. By taking advantage of Akur8, companies can transform their pricing strategies and gain a competitive edge in the insurance market.

Description

PriceSense is an advanced cloud-based platform that utilizes AI and machine learning to provide analytics for pricing and promotions, aimed at assisting brands and retailers in gauging the real-time effects of their pricing strategies and trade promotions. By harnessing the power of AI/ML, it offers quicker, more economical, and precise analytics, while automating competitor modeling and facilitating extensive modeling across various markets and channels. This allows teams to gain a deeper understanding of price elasticity, promotional effectiveness, and competitive pricing behavior. Additionally, PriceSense delivers immediate insights that evaluate the impact of pricing and promotions on sales volume, overall value, and market performance, seamlessly integrating with broader analytics systems to guide adjustments in pricing strategies and enhance financial outcomes. Unlike traditional methods that rely on sporadic reporting, PriceSense empowers organizations to make informed, data-driven decisions regarding pricing and promotions through continuous analytical processes. This innovative approach ensures that businesses remain agile and responsive in an ever-evolving market landscape.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Akur8

Founded

2018

Country

France

Website

www.akur8.com

Vendor Details

Company Name

C5i

Founded

2001

Country

United States

Website

www.c5i.ai/pricesense/

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

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