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What is Clear Demand Price Optimization?

Clear Demand's cutting-edge Third-Generation Science empowers you to align your daily pricing approaches with category insights across both physical and digital realms throughout the entire product lifecycle, from inception to phase-out. You have the ability to refine your optimization model, ensuring it complies with your company's internal pricing standards while effectively catering to customer demands. Our pioneering approach to regular price optimization is crafted to enhance everyday pricing in terms of accuracy and efficiency, utilizing advanced optimization methods fueled by Machine Learning. With Clear Demand, the process of defining, prioritizing, and managing rules becomes increasingly sophisticated, and the solution is hosted in a scalable cloud environment (SaaS), which promotes limitless growth as data requirements expand. By leveraging Machine Learning, we enable precise assessments of each product's demand curve and optimal pricing strategies. Additionally, your existing rules are effortlessly integrated to align with category strategies and adjust to the competitive landscape, ensuring a holistic and adaptive pricing framework. Consequently, businesses can realize enhanced agility and responsiveness in their pricing strategies, ultimately resulting in improved profitability and a stronger market presence. This comprehensive approach not only streamlines pricing processes but also fosters long-term strategic advantages in an ever-evolving marketplace.

What is Akur8?

Akur8 leverages the power of machine learning and predictive analytics to transform the pricing strategies of insurers by improving both speed and precision, while maintaining full transparency, auditability, and control over the models produced. This cutting-edge platform is unique in its ability to automate the development of production-ready Generalized Additive Models (GAM) and Generalized Linear Models (GLM). Utilizing its innovative proprietary algorithms, Akur8 unlocks substantial business value by addressing previously overlooked enhancements in the combined ratio. The solution equips actuarial pricing teams to construct highly predictive models more swiftly than ever, leading to faster and more informed decision-making processes. In addition to these capabilities, Akur8 is built to be API-enabled, providing users with the ability to quickly access various data sources, create tailored features, and seamlessly integrate the technology into their pricing workflows, thus boosting overall productivity and effectiveness. This all-encompassing strategy not only reshapes the pricing environment but also empowers insurers to maintain their competitive edge in an ever-evolving market landscape. As a result, Akur8 stands as a pivotal tool for insurers striving to optimize their pricing practices and enhance their operational efficiency.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Clear Demand

Company Location

United States

Company Website

cleardemand.com

Company Facts

Organization Name

Akur8

Date Founded

2018

Company Location

France

Company Website

www.akur8.com

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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