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Sophisticated revenue management is the cornerstone of airlines, hotels, and ride-sharing services. They have blazed a trail with innovative dynamic pricing strategies, and as a result, these industries are enjoying record financial performance. As an abundance of big data permeates the entire economy, there's potential for this approach to have a similar transformative impact on a wider swath of businesses. Pacific Data Science has considerable expertise with algorithms that can be used to segment your customers' willingness to pay, ensuring that you aren't leaving money on the table.
Whether you're a coffee shop or an emergency room, you need to adapt your staffing levels to cope with fluctuations in traffic to your business. If you aren't able to anticipate these variations, you might find yourself facing excessive costs from wasted hours and overtime or, conversely, lost revenue from customers who don't want to wait in line. Pacific Data Science helps you anticipate future demand, and capitalize on this knowledge to improve your bottom line. We build custom solutions that ingest your historical transaction data from any number of physical sites, and generate real-time guidance on how to adjust and reallocate shifts and inventory across those locations.