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Predicting the day value of cars for Geelen Projects
XomniaCasesPredicting the day value of cars for Geelen Projects
"Xomnia offers our conservative automotive branche a new view on innovation. We look at their idea's as thinking different or out of the box. They are not being distracted by a legacy of business approaches in our branch from the past. Their primary focus and effort goes into working fast, with focus and youthful enthusiasm. The result is a fast and inspiring learning process, with sometimes disappointing but often amazing results. Always hire guys smarter than you ;-). Joop Geelen, Owner.
More about the case:
For Geelen Projects, which focuses on the implementation and support of ICT processes in the car sale sector, Xomnia explored the possibilities to predict the day value of cars. Xomnia successfully built a predictive model with a high accuracy level by using machine-learning methods to identify which characteristics of a car explain the day value. Furthermore, cars that show ‘similar’ characteristics and prices could be found.