Power Price Napoleon IT
Task
Create software for retail competitive analytics and dynamic pricing
Ideas and solutions
Power Price — computer vision software for retail competitive analytics and dynamic pricing. Napoleon IT developed an AI-based platform that provides our customers with a continuous stream of competitive pricing data and automates the pricing process. The system analyzes the data and determines the optimal prices according to the chosen strategy. We use computer vision to obtain competitive pricing data. Monitoring via a mobile application allows our clients to find out the prices and promotions of competitors and instantly act in accordance with this data. Computer vision technology can shorten the time and increase the accuracy of price monitoring. For monitoring, you need to take a few photos of the racks, and the system will retrieve the SKU and price data. The system recognizes 3,000,000 images per day. The dynamic pricing platform automatically generates prices, and the retailer's revenue grows exponentially.
