INDICATA Web Services provides access to INDICATA’s real-time market intelligence via standard IT systems.
INDICATA Web Services enables companies and end users to evaluate used vehicles in a given market using INDICATA’s real-time market intelligence to analyse the vehicle’s market supply, demand and pricing.
Hamburg – November 1, 2017
INDICATA, the global leader in business intelligence and analytics solutions for used car operations to the automotive industry and part of the Autorola Group, announces today that it has launched its INDICATA Web Services.
Designed for larger asset owners such as financial institutions, fleet financing companies, automotive OEMs, membership-based organisations, online automotive retail companies etc., INDICATA Web Services uses real-time market data on used vehicles offered in a given market and provides insights into the market dynamics of that vehicle by analysing demand, supply and pricing. The software easily integrates with standard IT systems such an OEM’s own branded websites or to online automotive retailer’s websites enabling users to evaluate trade-ins.
INDICATA Web Services enables users to evaluate vehicles for sale in any of the 13 markets where the INDICATA business intelligence platform collects data.
INDICATA is a web-based platform that monitors all used cars currently for sale in a market by collecting and analysing live used car market data in real-time from online sources such as classified websites, OEM websites, dealer websites and used car retailer websites. Engineered for high-performance used vehicle management, INDICATA enables car makers and dealers to turn data-driven insights into a competitive advantage and provides them strategic guidance to improve operational efficiencies in their used vehicle operations.
“By offering INDICATA’s business intelligence in this web services format, we have increased our scope towards potential customers and users. We have found our client, TRAXIO has benefited from using our web services on their membership portal. Not only have we increased our reach of prospects, but the volume in vehicle appraisals have also increased. This has led to an opportunity for up-or-cross selling with other parties combined with a commission business plan which is in favour of our client, TRAXIO. It is clear that business intelligence derived from market data is the future for successfully trading used vehicles.”, Filip Dobbeleir, INDICATA Sales Director, Belgium.
“We are thrilled to launch INDICATA Web Services. This new product is a testament to the strength of our INDICATA business intelligence platform and further demonstrates our position as the market leader in providing operational analytics, performance management and business intelligence solutions to the used vehicle business,” Peter Grøftehauge, CEO & Founder, Autorola.
About INDICATA
INDICATA brings a unique solution to the market, improving profitability in used vehicle operations and protecting residual values in the automotive industry and in aligned sectors. The real-time business intelligence solution collects, processes and analyses live used car market data to provide insights on market dynamics including demand, supply, pricing, inventories, etc. INDICATA is a web based platform that monitors all used cars currently for sale in a market by automatically gathering data in real-time from online sources such as classified websites, OEM websites, dealer websites and used car retailer websites.
INDICATA’s web based dashboards provide real-time KPIs, reports and analysis. These insights enable customers such as car manufacturers, importers, dealers, fleet owners, rental companies, banks and insurance companies to instantly measure their market position and to effortlessly monitor the performance of their networks. Additionally, users of INDICATA can easily manage supply and demand for their stock as well as plan strategies and tactics to protect residual value and improve sales. Against a backdrop of ever changing market conditions, INDICATA delivers the insights to optimise used vehicle prices and to proactively manage risks.
About Autorola Group
Autorola Group is a global leader in online remarketing and automotive IT solutions for used vehicles and professional fleet management headquartered in Denmark. The company has currently approximately 360 employees and subsidiaries in 19 countries across Europe, North America, Latin America and Asia-Pacific.
