Pricing Appliance
Pricing Appliance – the first high-speed, rules-based pricing engine designed for revenue assurance, tariff planning, margin and cost analysis
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Pricing Appliance is the the first sophisticated rules-based pricing engine that allows business users within large organisations to rapidly load, explore and analyse data and run complex financial computations.
Ideal for activities such as revenue assurance, tariff planning, margin and cost analysis, the solution allows tariff-based businesses such as telecom operators, airlines, retailers and energy providers to become more competitive in today’s market where industry consolidation, technological developments and de-regulation have led to lower prices and thin margins.
Pricing Appliance is targeted at retail, utilities, transport, telecommunications and other tariff-based clients. Such businesses tend to have high-level visibility into revenues, costs and margins. However, the issue is that they also tend to have a very restricted view at more granular levels. For example, for a telecom operator that may include the inability to reprice or cost-verify all calls made within a specific geography, customer base, calling pattern or time slot.
Pricing Appliance gives the business user that highly detailed profitability analysis. As such, it can lead to significantly higher revenues. But, even more importantly, Pricing Appliance is the only solution that provides both high-volume data processing combined with an easy-to-use interface for business users and puts the power to process and analyse back into the hands of the business user.
In short, Pricing Appliance offers the following advantages:
- users can define and run pricing algorithms on full-volume data and then easily analyse P&L impact;
- both historical and current data can be analysed, separately for comparison or as a single data set;
- the business rules used in pricing and revenue analytics are visible to all the diverse stakeholders in the organisation - providing a consistent view across all business units;
- as more data is loaded for analysis and computation the performance of the appliance remains constant through the simple addition of commodity hardware;
- running and support costs are kept low as Pricing Appliance runs on commodity hardware.
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Engage with Kognitio:
- Request a meeting with Kognitio to discuss project where Pricing Appliance would benefit your business
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