KAR Unveils Data Science Suite Featured

By Staff Writer January 30, 2019 601

KAR Auction Services Inc. announced the launch of a pilot program for its Data as a Service (DaaS) suite of capabilities.

Powered by Drivin, acquired by KAR in 2017, these new DaaS capabilities leverage data and technology from across the KAR platform and use proprietary algorithms to deliver intelligence to dealers. By integrating data science, predictive analytics and machine learning into the dealer remarketing process, dealers can save time and may increase sales margins and cash flow.

KAR’s ADESA business unit, which operates more than 75 physical and online auction marketplaces, is piloting the new technology with a major East Coast dealer group representing nine OEM franchises.

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Last modified on Wednesday, 30 January 2019 01:47