Client Overview
European online used car auction service provider for professional car traders and dealers in Europe and beyond. They offer new and used vehicles, including passenger cars, delivery vans, and light trucks.
Business Challenge
The objective was to build a predictive system to forecast car auction prices based on Applied Intelligence for analyzing the current data and make predictions.
Solution Highlights
- Cleaning of ambiguous database
- Analysis and Modeling of a massive amount of data
- Integration of R-language predictive model with web UI
- Key coefficient identification from the database
Benefits
- By leveraging intelligent data analytics, businesses can now get an in-depth and precise picture of who their customers are and what they want
- Used to reduce the number of business risks by getting insights into things like the success of new products
- Helps better understand businesses they are dealing with and enables them to identify new opportunities
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