Expanding Its Use of AI and Machine Learning Technologies, Syncron Adds New Capabilities to Syncron Price, Further Accelerating Innovation in…

ATLANTA, March 10, 2021 /PRNewswire/ --Syncron, the largest privately-owned global provider of cloud-based after-market service solutions, announced today the general availability of Syncron Price Version 20.4, which delivers several new capabilities to further automate and accelerate after-market pricing functions.The new features include usability enhancements and more sophisticated controls, to enable more optimized pricing to be donein less timeand with better outcomes.

"As the global economy begins to recover in the post-pandemic era, manufactures must provide even more sophisticated techniques to drive smarter pricing decisions," said Erik Lindholm, Vice President of Product Management at Syncron. "Price must be driven by increasingly sophisticated machine learning, algorithms, and comprehensive analytics that can automatically pinpoint sources of revenue and margin changes using real-time data. Today's companies leverage our technologies to transform their pricing strategies into competitive advantages to maintain relevance and viability in an ever-changing, increasingly sophisticated market."

Syncron Price is a leading after-market pricing tool, which leverages real-time market conditions, input costs, and competitive perspectives to help manufacturer improve productivity, reduce costs, and free valuable time to focus on handling and monitoring non-standard, complex situations.

What's in in this release:

"One of our primary goals at Al-Futtaim is to improve customer satisfaction, and we are continuing to invest in digital platforms like Syncron Price that enhance our service levels," said James Henderson, head of pricing - global aftersales at Al-Futtaim."The new updates to Syncron Price will drive greater efficiencies that help us differentiate our services and harmonize pricing and inventory management."

To learn more about Syncron Price, visit syncron.com/price.

About SyncronSyncron empowers the world's leading manufacturers to maximize product uptime and deliver exceptional after-market service experiences, while driving significant revenue and profit improvements. From industry-leading investments in research and development, to providing the fastest time-to-value, Syncron's award-winning service parts inventory, price and uptime management solutions are designed to continually exceed customer expectations. Top brands from around the world trust Syncron, the largest privately-owned global provider of cloud-based after-market service solutions, to transform their service operations into competitive differentiators. For more information, visit syncron.com.

SOURCE Syncron

Syncron

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Expanding Its Use of AI and Machine Learning Technologies, Syncron Adds New Capabilities to Syncron Price, Further Accelerating Innovation in...