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What is Premoneo?

Augmented Analytics, combined with actionable insights and predictive capabilities, significantly boosts business performance by enabling data-informed decision-making through a cloud-based platform tailored to meet the distinct needs of various organizations based on specific use cases. To determine the effectiveness of your pricing strategy, start with an initial assessment of your pricing optimization level by answering a few straightforward questions about your processes, which will yield a score highlighting potential improvement areas. Premoneo offers a robust array of solutions designed to efficiently oversee essential functions such as pricing, forecasting, and market segmentation. This innovative technology is regularly updated to adapt to changing market conditions, ensuring that your business remains competitive. Additionally, the modular architecture of the cloud solution allows for personalized adjustments to fit each client's unique requirements and can easily integrate into any pre-existing IT framework, thus boosting overall operational efficiency. By utilizing these advanced tools, companies can make substantial progress in refining their operational strategies while keeping pace with industry trends. Ultimately, embracing such technology not only fosters growth but also enhances the agility of businesses in a rapidly 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

Elasticsearch
IBM Cloud
MariaDB
Microsoft Azure
MySQL
Oracle Database
SAP Cloud Platform
SQL Server
Salesforce

Integrations Supported

Elasticsearch
IBM Cloud
MariaDB
Microsoft Azure
MySQL
Oracle Database
SAP Cloud Platform
SQL Server
Salesforce

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

Premoneo

Date Founded

2016

Company Location

Italy

Company Website

premoneo.com/en/

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

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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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