In this episode of The Data Standard, host Darren Kaplan sits down with Dan Becker, CEO, and Founder of Decision.ai, to talk about how AI can be a game-changer for pricing.

Many companies don’t know how to make their work actionable. They rely on spreadsheet analysis to determine their pricing models, but those models aren’t as accurate as they could be.

With AI, they can get accurate and immediately-actionable results and quickly optimize their pricing. That’s what Decision.ai can help with, as it provides cutting-edge AI technology that helps companies transform their data into making better decisions.

At the moment, Decision.ai’s ideal customers are hotels, as they’re able to make fast decisions. They need to sell a number of rooms by the travel date to make revenue.

That’s particularly important now, as there’s less travel because of COVID-19. They can deploy the technology to let AI help them set the right prices to make more revenue and start recovering quickly from the current decrease in demand.

Tune in with Darren Kaplan and Dan Becker to hear more about how AI can help make better pricing decisions.

If you’re interested in applying machine learning models to optimize your pricing, reach out to Dan Becker at Decision.ai.