Modeling Optimization with External Data

Discover hidden patterns and identify new groups through ML and AI, allowing for easy commercial pricing decisions and implementation.

Make pricing decisions and manage day-today pricing in an easy and efficient way without the need for any additional tools.

Tool is ready to implement and can be integrated into any core system through APIs.

How it works?
Precise Results
Octopus enables the detection and use of appropriate external data that will be useful for the specific model. During modeling, the historical data is enriched with external data, allowing for more precise modeling results.
GDPR Compliant Data
Octopus’ external data does not contain any personal data. Instead, it creates customer personas, thus preventing any conflicts with General Data Protection Regulations (GDPR).
Personalized Pricing
Octopus allows companies to offer pricing at a more personalized level with the use of aggregated statistical data. Statistics are available describing the risk or purchasing behavior of individual customers.
Customer segment detection is available for portfolio/campaign management with the help of external data.
Updated and Reliable Data Sources
Data is obtained from sources that are periodically and regularly updated; therefore, the data is always up to date. Lumnion continuously searches for new and reliable sources to further improve the data quality.
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