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RND 42-EN

R42 – Pricing Optimization System

R42 - Computer Vision

Data Discovery Pilot

Products

Personalized Pricing System

An AI-based system designed to predict the behavior of consumers of paid services. It allows you to increase consumption, revenue and loyalty by providing personalized offers to those customers who would not use the service without a discount.

For any paid resource, there is a significant number of potential customers who refuse to consume because of the price. In the case of idle resources (free parking space, toll road without traffic, etc.), almost any non-zero price turns into profit.

However, in order to prevent a decrease in revenue from current users, the reduced price should only be offered to those customers who do not currently intend to use the resource at the standard rate. In order to reliably determine the user’s intentions, the R42 system builds a model of his behavior using modern AI methods. This allows you to stimulate the use of idle resources by sending personalized offers to customers with a low probability of using the service at the current price.

The implementation of personal and dynamic pricing allows you to achieve ideal segmentation of the customer base.
Base pricing can then also be optimized using the R42 system, which offers methods for maximizing operator revenue under various constraints.

More information can be found in brief presentation of R42.

R42 Computer Vision

The system is designed to automate the processing of a wide range of photo and video materials using artificial intelligence (computer vision) technologies.

R42 CV enables the organization of a full processing cycle, including: data labeling, training, execution, and quality control of models, integration with information systems for obtaining source data and posting results.

The system is easily adapted to a specific business task and allows for the rapid training and launch of a specific model into industrial operation.

The set of standard R42 CV models already includes:

  • Model for detection and recognition of vehicle registration plates, incl. in real time;
  • Vehicle classification model;
  • Model for determining preferential categories of vehicles (fire, ambulance, police, etc.);
  • Model for identifying “anomalous” vehicles (oversized cargo, motorcycle, tractor-trailer, etc.);
  • Model for determining violations of cargo transportation rules;
  • Model for identifying vehicles with Unrecognized/hidden/missing) GRN (CarID);
  • Document recognition models (passport, vehicle registration certificate, etc.).

In addition, the system implements a unique technology for monitoring photo and video recording systems with an independent video stream.

Data Discovery Pilot

We offer a two-month, and in many cases free, pilot project to determine your revenue growth potential and customer loyalty.

This pilot is a true scientific experiment, including preliminary analysis, A/B testing experiment design, validation of statistical criteria, and the preparation of conclusions and recommendations.

For more detailed information, please see our step-by-step description..

We are currently seeking partners. For pilot projects in smart cities, transportation, telecom, and retail, but we are also open to other areas. The only requirements are customer identification and access to service usage history.

Please contact us if you are interested in improving the efficiency of your services!