Contact
QR code for the current URL

Story Box-ID: 404965

prudsys AG Zwickauer Straße 16 09112 Chemnitz, Germany http://www.prudsys.de
Contact Ms Sandra Kögel +49 371 2709331
Company logo of prudsys AG
prudsys AG

A major new release of prudsys RDE and the dawning of a new realtime age

Release 2.11 of prudsys RDE is a major new release of this leading realtime analytics application for business and commerce.

(PresseBox) (Chemnitz, )
The prudsys RDE | Recommendations module now features easier importing and exporting of complete configurations and recommendations thereby making it possible to increase the relevance of personal recommendations for e-commerce, mail order and high street shopping. Existing templates complete with all their filters and parameter settings can now be comfortably and safely transferred to other RDE programs.

The interactive statistics in the prudsys RDE | Newsletter module enable the easy and immediate rating of the success of personalised mail shots - all in realtime. The flexibility of the module has been considerably increased by the introduction of template based recommendation questionnaires.

In the last six months the prudsys RDE | Pricing module, now featuring many new algorithms, has been thoroughly tested in a series of pilot projects. This means that prudsys customers can now reap the benefits of a broad range of new functions. Expansions to the module include hybrid price optimising processes based on single and product groups. In addition, the pricing module now includes a price optimising algorithm developed specifically for the outlet and sales areas.

Scoring methods are also among the important factors in data mining. Scoring is indispensable for optimising mailings, calculating saleability ratings and forecasting cancellations. This is why the prudsys RDE | Scoring Online module now incorporates algorithms for calculating, adjusting and improving scoring models in realtime.

It will also be possible to upgrade the prudsys RDE | Assortment Planning module with the new analytical processes currently in the pipeline. New on-line planning procedures now enable daily forecasts about product sales taking into account the amounts of incoming and outgoing products in realtime.

The sixth module in the prudsys RDE product family, the RDE | Data Cleansing module has also been extended with new processes. So, for example, in the future it will be possible to make an on-line duplicate search to test an address or to compensate data. All in a few seconds. While an address is being entered it is possible to identify duplicate data sets. This is one way of automatically preventing potential fraud when people give false addresses in an on-line shop.

"With these new developments we are now much, much closer to achieving our aim of creating a standard realtime analytics world without static data pools" , says Dr. Michael Thess, President and Director of R&D at prudsys AG.

prudsys AG

For more than 15 years, prudsys AG has been one of the leading providers of cloud-based AI solutions for retailers and, since 2017, part of the GK Software Group. prudsys deliver ready-to-use AI applications for Personalization, Realtime Prediction, Dynamic Price Optimization, and Fraud Detection, which can be seamlessly integrated into existing infrastructures such as ERP (e.g. SAP) and CRM systems. Powerful, self-learning algorithms provide in-depth insights into product and customer behavior, enabling retailers to make fast, data-driven decisions for business success.

prudsys AG customers include companies such as babywalz, bonprix, C&A, Coop (Switzerland), Douglas, Klingel, Obi, Sanicare, Thalia, and Würth.

prudsys AG has hosted the DATA MINING CUP since 2000. Every year, over one hundred universities and thousands of students take part in the internationally renowned competition for intelligent data analytics and forecasting. prudsys AG has thus been successfully bridging the gap between theory and practice.

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.