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What is Invisible Hand?

Invisible Hand Technologies provides an AI-powered platform specifically engineered for pricing, promotions, and assortment for consumer packaged goods (CPG) brands. By amalgamating store-level sales data, competitive insights, and sophisticated predictive analytics, it enables these brands to enhance their pricing methodologies, evaluate the effectiveness of trade promotions, and make well-informed choices about product assortments. Aimed at mid-sized CPG manufacturers, the platform converts retail sales data into strategic business actions, helping to establish ideal pricing, pinpoint effective trade promotions that increase revenue, and curate the optimal selection of products for display in stores. Unlike conventional tools that primarily handle trade promotion execution or settlement, Invisible Hand emphasizes analytics and optimization, providing revenue growth, category management, and pricing teams with forward-looking insights instead of just facilitating routine administrative processes. This innovative strategy allows companies to strengthen their competitive position and foster growth in a market that is becoming more intricate. As a result, brands can not only respond to market changes more effectively but also anticipate future trends and align their strategies accordingly.

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

No images available

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Custom quote
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

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

Invisible Hand Technologies

Date Founded

2024

Company Location

United States

Company Website

invisiblehand.tech

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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