AUTOROLA, a global leader in online remarketing and automotive IT solutions for professional used vehicle and fleet management, today announced the launch of INDICATA in TURKEY.
INDICATA is the next generation of business intelligence and market insights software for the management of used vehicle inventories. The system, unlike any competitor in the market, brings a unique solution to improve profitability in used vehicle operations and protect residual values to the automotive industry and aligned sectors. The real-time solution collects, processes and analyses live used car market data to provide insights on market dynamics including demand, supply, pricing, inventories, etc. It is a web based platform that monitors all used cars currently for sale in a market by gathering automatically data in real-time from classified websites, OEM websites, dealer websites, used car retailer websites, etc.
“Our new Business Intelligence platform is yet another example of our innovation in all aspects of vehicle remarketing and used vehicle management,” said Jörg Höhner, Global Managing Director INDICATA at AUTOROLA GROUP. “There is a lot of business intelligence technology out there that runs various analyses post-mortem. This is like looking in the rear-view mirror to understand where you are going. It's just not the right way to get the insight you need. However, with INDICATA, we have gone beyond traditional pricing evaluation tools to create a solution that truly works with a complete view of the market in real-time.”
The web-based INDICATA dashboard provides real-time KPIs, reports and analysis enabling car manufacturers, importers, dealers, fleet owners, rental companies, banks, insurance companies, etc. to instantly measure their market position, monitor the performance of their networks, know supply and demand for their stock and plan strategies and tactics to protect residual value and improve sales, optimise used prices and manage risks against ever changing market conditions.
“In a time where the market conditions change faster than ever, there is a need for dealers and manufacturers to fundamentally adapt their used vehicle operations and management of inventories.”, Höhner added. “INDICATA represents not only the most compelling and innovative solution in the industry, but also the most efficient solution for the broad used car operations and residual value management objectives of car manufacturers, dealerships, financial services organisations, leasing companies, rental companies and fleet owners.”
INDICATA is the unique result of collaboration between automotive industry executives and software developers. Together we have developed our approach to collecting, processing and analysing live used car market data to provide insights on market dynamics, unlike anything else in the industry. The successes we have seen with our technology have helped us gain international traction and a growing clientele of the world’s leading car manufacturers and dealer groups whose used vehicle operations have seen impressive improvements since deploying INDICATA.
INDICATA provides various major KPIs to guide used vehicle operations success which allow an efficient way to assess the performance of the network and to protect the residual value. The platform is an integrated suite of advanced and compelling features and functionalities that allows users on corporate, NSC’s, Importers, filed and dealer levels to efficiently manage their used vehicle operations.
“Reaction from OEMs and their dealer network in Turkey has been very positive as they can take a view on used vehicle prices from both a national and local level to help them understand and monitor how their own used vehicle operations are performing,” said Oğuzhan Saygı, Managing Director, Autorola Turkey. “INDICATA will help transform used vehicle retailing strategies based on powerful insights into local pricing and supply,” Oğuzhan added.
About AUTOROLA GROUP
AUTOROLA GROUP is a global leader in online remarketing and automotive IT solutions for professional fleet management headquartered in Denmark. The company has currently approximately 400 employees and subsidiaries in 18 countries across Europe, North America, Latin America and Asia-Pacific.
AUTOROLA offers solutions in three business units:
- Market Place: International Online Auction Platform
The popular international auction platform is one of the successful products of the AUTOROLA GROUP. Currently over 70.000 professional bidders are registered, coming from 31 different countries.
- Autorola Solutions
Autorola Solutions include products such as Fleet Monitor, Branded Site, Inspection systems and Business intelligence, which can be fully adjusted to meet any customer's needs. Autorola is constantly investing in further development to continue to deliver state of the art solutions for our customers. The systems supported by Autorola Solutions also offer the possibility to manage full service remarketing offerings with a wide range of services including transport, storage, intake, carwash, photo-studio, parking, invoicing and export handling.
Autorola’s business intelligence solution INDICATA is a unique real time evaluation tool which appraises a vendor’s fleet value based on live market prices enabling OEM’s, dealers, fleet owners, etc. to instantly measure their market position, know supply and demand for their stock and plan strategies and tactics to improve sales, optimise used prices and manage risks against ever changing market conditions.
Further information can be found on www.indicata.com