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What is PriceMind?

Retailers and e-commerce platforms encounter numerous common challenges, such as holding excess stock and determining ideal prices, which are affected by factors like inventory value, competitive landscape, seasonal shifts, and consumer preferences. In response to these challenges, NextOrbit has developed cutting-edge technology that harnesses artificial intelligence and machine learning to guide sellers in formulating optimal pricing strategies for their offerings. This groundbreaking solution encompasses several essential components: the NextOrbit PriceMind platform, which employs AI and machine learning to refine pricing decisions, ultimately leading to increased profits and sales; the NextOrbit DemFor tool, which enhances demand forecasting for improved inventory turnover; and the NextOrbit PriceEye platform that monitors competitor pricing, delivering timely notifications about their pricing tactics as frequently as needed. By fusing intelligent demand forecasting with a combination of machine learning and human expertise, NextOrbit successfully integrates the advantages of both methodologies while factoring in the impact of local events on market trends. This all-encompassing system not only fine-tunes pricing strategies but also significantly boosts overall business performance, ensuring that retailers are adequately prepared to adapt to fluctuating market conditions. Furthermore, it empowers businesses to make data-driven decisions, ultimately fostering a more resilient and agile retail environment.

What is Orbit Analytics?

An effective self-service reporting and analytics platform can significantly enhance your business's capabilities. Orbit offers a robust and scalable solution for business intelligence and operational reporting. With this software, users have the ability to generate their own reports and insights. Orbit Reporting + Analytics seamlessly integrates with major enterprise resource planning (ERP) systems and leading cloud applications like Salesforce, Oracle E-Business Suite, and PeopleSoft. This platform enables users to swiftly uncover insights from various data sources, recognize potential opportunities, and make informed, data-driven decisions. Ultimately, Orbit empowers organizations to harness their data effectively and drive growth.

Media

Media

Integrations Supported

Integrations Supported

Meltano
NetSuite
Oracle Cloud Infrastructure
Oracle Fusion Cloud ERP
Oracle PeopleSoft
Oracle Taleo
Salesforce
Salesforce Marketing Cloud Account Engagement

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

NextOrbit

Date Founded

2014

Company Location

India

Company Website

www.nextorbit.com/en/

Company Facts

Organization Name

Orbit Analytics

Date Founded

2006

Company Location

United States

Company Website

orbitanalytics.com

Categories and Features

Pricing Optimization

Forecasting
Market Analysis
Price List Management
Pricing Analytics
Profitability Analysis

Categories and Features

Business Intelligence

Ad Hoc Reports
Benchmarking
Dashboard
Data Analysis
Key Performance Indicators
Performance Metrics
Predictive Analytics
Visual Analytics

Data Virtualization

Not specified

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