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    Forecasting and Dynamic pricing

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    Sold by: ELEKS 
    The microservice that combines the price recommender (optimization, dynamic pricing) and the expected revenue/turnover (demand forecasting, elasticity, etc.)

    Overview

    ELEKS Analytical Suite IS a composition of machine learning and optimization solutions that works as an integral whole toward Cost Optimization, Utility Maximization, and Profit Maximization objectives.

    STANDS on the premises of big data, real-time stream processing, and machine learning to analyze heterogeneous data from different sources.

    INCORPORATES three customer-side models to introduce control over the customer decision journey e.g., for retail: Recommender System, Dynamic Pricing, Customer Segmentation; and three planning models to support operations management and cost centers: Demand Prediction, Capacity Planning, Logistics. The first and most valued part here is the forecasting and dynamic pricing, that is built using the SOTA ML estimators like Amazon Forecast. All data and logic flow can be covered by the SageMaker and then efficiently deployed by the SageMaker endpoints, also with Model Monitor, if needed.

    ALLOWS modularity: an existing model or solution can be equally integrated into the Suite thanks to well-thought-out system architecture.

    Highlights

    • Comprehensive Solution: machine learning and optimization. Advanced Data Analysis: real-time stream processing and machine learning. Customer Models: Recommender System, Dynamic Pricing, and Customer Segmentation. Operational Models: Features Demand Prediction, Capacity Planning, and Logistics. Forecasting & Pricing: ML estimators (e.g. Amazon Forecast). Efficient Deployment: managed by SageMaker, deployed via endpoints, with Model Monitor. Modularity: integrates existing models into the Suite.

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    Delivery method

    Deployed on AWS
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    Support

    Vendor support

    For any questions or interest in our offer, you can reach out to our partnership team at partnership.programs@eleks.com . Our team is dedicated to providing prompt and helpful responses and will guide you to the necessary specialists if needed.