Scottsdale, Ariz. – Big Data pricing solution vendor Clear Demand is partnering with competitive price intelligence provider 360pi. Under this joint initiative, 360pi’s real-time price intelligence is fed into Clear Demand’s pricing platform, which in turn alerts retailers to competitive price changes, including compliance with product-line and pricing rules, and helps manage competitive price strategy.
“We collect billions of pricing and product data points for our retail clients – that’s big data,” said Alexander Rink, 360pi’s CEO. “Increasing price transparency and price dynamism across categories means these numbers are growing exponentially, adding to the challenge facing retailers. We are extremely pleased to work with retail pricing and analytics leader Clear Demand to help retailers understand what’s happening, and then take effective and sustainable action in near real-time.”