Founded in 2011, Munich-based Price f(x) provides a modular SaaS solution for price optimisation management (PO&M) and configure-price-quote (CPQ) for enterprises of any size.
Pricing optimisation software typically helps companies accurately define the price of goods across a vast and constantly changing spectrum of data and variables.
If you aren't familiar with pricing optimisation software, it helps companies accurately define the price of goods across a vast and constantly changing spectrum of variables.
Take, for instance, the unfair (even illegal) practice of "price optimisation", which means analysing non-risk-related data, such as shopping habits, to target people with personalised prices that reflect how much they will pay, not their risky behaviours.
If data analytics are used to smuggle in unfair discrimination and price optimisation, we have even less ability to understand and contest these practices.
This includes managing guests, price optimisation, marketing, cleaning, and laundry.
The combination of predictive maintenance possible with 1m checks per second, as well as price optimisation and data control seem to be a compelling proposition.
"We do everything we can to increase the value of the listing — price optimisations and building processes to ensure guests enjoy the stay, etc. — so that our hosts earn as much as possible," he says.
These laws are the result of an economic optimisation process but are independent of prices in the sense that they continue to hold regardless of price variability.
