Solutions.AI for Pricing

Grow top-line revenue and drive profitability with continual price optimization.

Changing how businesses price for growth

Pricing has long been a top strategic priority for the C-suite. But today’s unpredictable market conditions have forced leaders to approach it differently. 73% say that AI will be key to their future success as they embrace new pricing models and look for innovative ways to price for growth.

Solutions.AI for Pricing supports ongoing price optimization and helps structure new commercial models that can increase profit and prevent leakage. It uses AI and advanced ML to deliver real-time insights based on market signals, competitive intelligence, and changes in customer preferences and buying propensities. Using these insights, companies can create and launch the most effective pricing scenarios – and customer experiences –  to drive growth.

Pricing analysts can now use the power of AI to tune into market signals, competitive intelligence, and changes in customer preferences and buying propensities. Insights are all delivered in real time, to pinpoint the most effective pricing scenarios that will help companies grow.

What we deliver

Our AI solution optimizes pricing levers in real time to grow customer demand and maximize revenue growth.

Personalized and dynamic pricing

Use real-time insights about individual customer preferences, market changes and competitor activity to optimize price and discounts.

Revenue growth management

Optimize list price, trade promotions, portfolio mix and price pack architecture.

Improved win probability & customer profitability

Enhance the probability of winning a deal and the optimal pricing that will maximize deal margin and customer profitability.

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Far beyond pricing use cases in Consumer Goods and Retail, our solutions are pre-built for multiple industries including Communications & Media, Automotive, Industrial and Chemicals.

The AI impact

Our AI-powered pricing capabilities are personalized and dynamic to deliver significant business and customer value.

15%

Up to 15% increase in revenue

5%

Up to 5% margin growth

40%

Up to 40% decrease in promotional spend

“We’re sprinting businesses into an era of pricing optimization with more scientific, systematic and personalized AI techniques including price sensing and dynamic simulation.”

— GEORGIOS PASSALIS, Accenture’s Global Solutions.AI for Pricing Lead

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AT A GLANCE

Solutions.AI for Pricing
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Our capabilities

We use the power of data and advanced AI innovations such as deep learning, genetic algorithms and game theory to change how businesses price products and services.

Reusable & configurable pricing modules

Rapidly deploy proven pricing capabilities, from base-price optimization and discount personalization to deal margin optimization.

Proprietary pricing algorithms

Leverage unique Accenture pricing algorithms to quantify customer elasticity per product at every moment in the customer buying journey.

Pricing recommendation engine

Generate and activate data-driven recommendations to offer customers the right price on the right channel at the right time.

Multi-lever simulation & optimization application

Quickly run ‘what-if’ simulations to test price changes, then optimize price accordingly to impact sales, customer satisfaction and market share.

Real-time notification & workflow engine

Simplify work for price managers, reducing the time it takes to deliver competitive prices through an intuitive interface with real-time insights.

Modular cloud native platform

Use a flexible microservice architecture to leverage massive amounts of data and scale pricing algorithms, modules and other cloud-native components.

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What we think

Analytics and machine learning technologies can help High Tech companies price more competitively.

Intelligent pricing that’s real time and contextualized fuels competitiveness and growth—while fostering enduring customer relationships.

The spare parts market can be a real profit driver for companies that use analytics to optimize parts pricing.

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Our leaders

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The next AI revolution will be built by people like you. Pursue your passion and change the future of business using all things AI, analytics and automation.

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