Menu
We help companies leverage cutting edge artifical intelligence technology to address practical business issues. AI can drive results more quickly and efficently than traditional analytic approaches. Our AI solutions and predictive models produce highly accruate demand forecasting, SMART segmentation, personalizaed recommendations, churn prediction, store traffic forecasting, call center forecasting and much more. Our AI solutions have proven success in a variety of industries including retail, food production, consumer goods, fashion retail and insurance.
We help companies leverage cutting edge artifical intelligence technology to address practical business issues. AI can drive results more quickly and efficently than traditional analytic approaches. Our AI solutions and predictive models produce highly accruate demand forecasting, SMART segmentation, personalizaed recommendations, churn prediction, store traffic forecasting, call center forecasting and much more. Our AI solutions have proven success in a variety of industries including retail, food production, consumer goods, fashion retail and insurance.
A key to sucessful sales management is identifying which customers are likely to stop buying before they do. Our AI solutions allow clients to quickly identify customers at risk with enough time to act and keep them from leaving. Our AI solutions leverage powerful methodologies developed through our R&D team and proven through real world deployments. We train our solutions on clients historical data to deliver highly accurate predictive analytic models. We implement advanced AI solutions like neural networks to provide prescriptive analytics alerting our clients to which customers need retention and which do not.
One of the most difficult processes for most companies is forecasting demand for products as there can be many influences. Inventory management, production, procurement and promotion management all require a high level of accuracy in forecasting. Most traditional forecasting methods are labor intensive and are difficult to manage in high volume environments. Our AI product demand solutions incorporate over 100 features that impact accuracy including seasonality, holidays, promotions, trends, advertising, local weather and more. Our solutions are built to handle scale and provide clients with highly accurate product demand forecasts at any level from daily SKU levels to monthly / annual product categories.
Product managers have a complex job selecting SKUs for promotional campaigns. Compliance with corporate rules, product rotations, sales forecasting and promotional price setting can be a complicated routine. We develop AI sales pormotion models that incorporate rotation rules that produce highly accurate predictions delivering maximum revenue and margin results.
For consumer sales, the ability to capture and maintain a shoppers interest is critical. 40% of shoppers leave a website because they are presented with too many options while choosing products. Our team develops AI based soltuions from collaborative filtering to graphing neural networks in order to provide the highest levels of personalization. Our AI solutions provide resommendations in real-time to support online shopping as well as offline promotional campaign development.
We leverage unsupervised machnie learning to analyze customer behaviors and produce models for SMART segmentation. This advanced segmentation methodology allows our clients to efficiently align promotions with the right audience improving their customers experience. Understanding customers needs by segments allows targeted communciations strategies across product and service groups. The result is our clients are able to optimize their marketing budgets more efficiently.
Our clients use our predictive and prescriptive analytics models to optimize their operations in staffing areas like store cashiers, call centers and support staff management. These models allow our clients to dramatically reduce opreational costs and time spent analyzing results.
Using our AI based SMART segmentation and presonalized recommendations, clients can increase revenue 10%-15% while more than doubling their conversion rate. This is critical as 91% of shoppers are more likely to buy from sites that provide relevant offers and recommendations.
Our AI based forecasting solutions leveraging more than 100 features allow clients to reduce safety stock by 10%-15% while increasing their SLA levels by 10%.
Copyright © 2022. Fairfax Intel — All rights reserved.