In September 2020, Competera unveils official cooperation with KORUS Consulting, one of the largest IT company groups in CIS. The partnership will significantly strengthen the pricing platform’s positions in the regional retail market. The collaboration will focus on the development and implementation of new pricing technologies and approaches aimed at increasing a retailer’s profit and turnover.

Since 2000, KORUS Consulting company group has been offering services for the development, optimization, and automation of business processes; implementation of information systems and IT outsourcing as well as building up IT infrastructure. KORUS Consulting also provides advisory service for retailers willing to optimize pricing strategies, boost profits, and increase business turnover. The company’s pricing experts audit the existing pricing strategies, elaborate new pricing approaches, and help businesses to implement the last-gen tools, such as Competera pricing platform.

Within these service domains, KORUS Consulting builds up solutions based on globally recognized products, including Deductor, Informatica, Microsoft BI, Oracle BI, QlikView, Qlik Sense, SAP BI, and SAS. Now, this list also contains Competera. 
 
It appears that AI-based solutions still struggle to gain customer trust. The question is how to deal with it? The recipe is simple: you need a proven technology and someone who is already trusted by the market. In this regard, KORUS Consulting is a perfect match as they have longstanding expertise and, most importantly, successful experience in consulting and implementing a variety of advanced tools in business processes. I believe that the combination of strategic consulting and ready-to-use tools will not only help us to achieve goals but will also make our clients thrive, ”says Alexander Galkin, CEO at Competera pricing platform.

“Consistent implementation of pricing strategy and tactics is not possible without advanced IT tools. Competera has already proven its effectiveness in practice. After using the platform, clients receive an average of 3-5% increase in gross profit. We believe that our input can make this figure even more significant. Having the domain experience of KORUS Consulting put together with Competera technologies, retailers will get a truly comprehensive solution. The business will maximize benefits from effective consulting on pricing strategy and tactics enhanced by the last-gen pricing tool. And all of this will be available on a turnkey basis,” comments Sergey Vorobyov, head of the pricing department within the analytical solutions unit at KORUS Consulting Group.