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Our customers - excellent letter, shoot perfect use of artificial intelligence
Our customers - excellent letter, shoot perfect use of artificial intelligence
With the wave of artificial intelligence, traditional second-hand car industry is experiencing a technological change. In July 2016, the group took the lead in introducing its own R & D artificial intelligence pricing system into China's used car industry. Its unique "neural network, integrated learning and reinforcement learning regression pricing strategy combining technology has become the industry benchmark based on the excellent letter for the first breakthrough in 1 million, the cumulative trading volume on the source of car over 5 million units and laid a solid technical foundation.
Excellent letter pricing system based on artificial intelligence 3 massive real vehicle transaction history data, through artificial intelligence algorithms and large data related technologies, second-hand car models / car / brand value rate data, and considers the impact of various market factors change and professional assessment results, construct the model of data analysis and AI algorithm model. To form a complex pricing system.
Briefly speaking: first, through the residual value assessment, a reasonable price constraint interval is obtained. Second, through the "vehicle condition analysis", the vehicle comprehensive information network is constructed to quantify the impact of vehicle condition on the residual value prediction. Third, through the "price prediction" model calculation, give the vehicle high-precision and accurate price estimates. Fourth, according to the vehicle difference, the condition difference, the market environment three factors comprehensive computation, to estimate the price to carry on the calibration.
Globally, the exact pricing of used cars is also the core competitiveness of industry giants. The United States used car pricing authority website Kelley Blue Book users through the analysis of consumer behavior, dealer car source and big data technology to second-hand car pricing, it has become one of the Americans must see the second-hand car trading website; another American second-hand car giant Carmax pricing model relying on their own design completed 99% of the second-hand car sales. The recent market capitalization of more than $11 billion 700 million.
Chinese used car electricity supplier industry is developing rapidly, but because of the domestic second-hand car trading chain is very long, low efficiency of inspection, maintenance and other aspects of the valuation, transfer line, market volatility and uncertainty, resulting in the overall level of Che Yingli failed to reach the expected second-hand platform. Excellent letter group by Artificial Intelligence Aided pricing system, the second-hand car dealer quick decisions in the trading process, at the same time, a vehicle price is more reasonable and transparent to consumers, so as to shorten the second-hand car trading cycle, improve circulation efficiency on the whole.
Today, artificial intelligence has been spread throughout the home, financial, medical, electronic, transportation, education and other industries, in-depth impact on people's lives and consumption of many fields. Ai Group artificial intelligence pricing system in the used car industry, is also promoting China's second-hand car market from quantitative change to qualitative changes in the industry innovation. As the American artificial intelligence expert Mike Schmidt explained: artificial intelligence will affect the operators and decision-makers at every level, companies are able to hitherto unknown precision to detailed operation optimization.
As of July this year, gifted people intelligent pricing system covering the market's most automotive brands, including more than 20000 models, more than 2000 car systems, pricing 200 thousand times a day for the vehicle. This is not only the Mercedes Benz, Honda, TOYOTA, Volkswagen, Buick, Chevrolet, Harvard, Geely, BYD and other common popular domestic and foreign car brands, including Alfa Romeo, Giulia, Hyundai's Ssangyong Diweila niche models, car.
Excellent letter pricing system based on artificial intelligence 3 massive real vehicle transaction history data, through artificial intelligence algorithms and large data related technologies, second-hand car models / car / brand value rate data, and considers the impact of various market factors change and professional assessment results, construct the model of data analysis and AI algorithm model. To form a complex pricing system.
Briefly speaking: first, through the residual value assessment, a reasonable price constraint interval is obtained. Second, through the "vehicle condition analysis", the vehicle comprehensive information network is constructed to quantify the impact of vehicle condition on the residual value prediction. Third, through the "price prediction" model calculation, give the vehicle high-precision and accurate price estimates. Fourth, according to the vehicle difference, the condition difference, the market environment three factors comprehensive computation, to estimate the price to carry on the calibration.
Globally, the exact pricing of used cars is also the core competitiveness of industry giants. The United States used car pricing authority website Kelley Blue Book users through the analysis of consumer behavior, dealer car source and big data technology to second-hand car pricing, it has become one of the Americans must see the second-hand car trading website; another American second-hand car giant Carmax pricing model relying on their own design completed 99% of the second-hand car sales. The recent market capitalization of more than $11 billion 700 million.
Chinese used car electricity supplier industry is developing rapidly, but because of the domestic second-hand car trading chain is very long, low efficiency of inspection, maintenance and other aspects of the valuation, transfer line, market volatility and uncertainty, resulting in the overall level of Che Yingli failed to reach the expected second-hand platform. Excellent letter group by Artificial Intelligence Aided pricing system, the second-hand car dealer quick decisions in the trading process, at the same time, a vehicle price is more reasonable and transparent to consumers, so as to shorten the second-hand car trading cycle, improve circulation efficiency on the whole.
Today, artificial intelligence has been spread throughout the home, financial, medical, electronic, transportation, education and other industries, in-depth impact on people's lives and consumption of many fields. Ai Group artificial intelligence pricing system in the used car industry, is also promoting China's second-hand car market from quantitative change to qualitative changes in the industry innovation. As the American artificial intelligence expert Mike Schmidt explained: artificial intelligence will affect the operators and decision-makers at every level, companies are able to hitherto unknown precision to detailed operation optimization.