Market Intelligence and AI in Machine Manufacturing

01 The Growing Importance of Market Intelligence 

In a time of rapid technological developments and constantly changing global markets, market intelligence is becoming increasingly relevant in machine manufacturing.

The industry is facing challenges such as digitalization, automation, and changing supply chains. The use of market intelligence in after sales can enable efficient market monitoring and create market visibility. For example, pricing trends for spare parts can be identified at an early stage and the company's own prices can be adjusted to market changes depending on the strategy.

03 Optimize Spare Parts Prices with Artificial Intelligence 

Especially in the after sales area, market intelligence offers considerable advantages to machine manufacturers. Many OEMs do not fully capitalize on their sales potential because they do not price their spare parts in line with the market. This is where AI, such as that provided by MARKT-PILOT, offers an innovative solution for market-based spare parts pricing.

With AI tools, machine manufacturing companies can create market insight and achieve sustainable increases in sales and profits. By using artificial intelligence, market data is collected and analyzed in real-time, which would not be feasible manually.