360pi and IBM are collaborating on a solution designed to facilitate more automated and dynamic pricing for joint customers. The solution combines the real-time price intelligence of 360pi with the cloud-based omnichannel pricing platform from IBM.
With the integration, joint customers are poised to accelerate time-to-market for intelligent dynamic pricing and lower ownership costs.
“One of the key ways retailers can effectively compete and grow margins today is to price in time with strategic inter- and intra-day price changes,” stated Alexander Rink, CEO of 360pi. “By embedding our real-time price intelligence directly into IBM’s omnichannel pricing engine, retailers are able to realize real-time pricing even more efficiently and effectively.”
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The joint solution also will allow retailers to support real-time zone pricing and act on pricing insights for similar products including private brands.