Global leader in business intelligence and analytics solutions for used car operations announces the addition of new contracts with leading car makers regionally and internationally.
INDICATA, part of the AUTOROLA Group, announced it has secured several customer wins with some of the world’s most recognized car manufacturers for its leading business intelligence platform. The company has established itself as a critical strategic partner for a growing number of OEMs seeking to use business intelligence and apply data-driven insights to improve their used vehicle business. By implementing INDICATA as an integrated part of their used vehicle programmes and deploying their cloud-based solutions to their dealers, they drive higher stock turn and profit margins for both dealers and OEMs.
“Used car retail is maturing at a rapid rate and OEMs are looking for solutions that support local needs but also provide a consolidated view of their dealer network," said Jörg Höhner, Global Managing Director INDICATA. "INDICATA was specifically designed to drive the used vehicle strategies of OEMs. Our recent wins across the globe underscore our mission to help businesses to successfully operate their used vehicle operations by applying data-driven insights," he added.
Because OEMs and dealers have an increasing need for real-time data and insights to support their used vehicle business, a growing number of automakers have chosen INDICATA as their business intelligence solution. In the last nine months only INDICATA was selected as the exclusive or preferred provider for nine automotive OEMs. The latest regional and international OEMs who have embraced INDICATA's solutions include Hyundai, Kia, Mercedes-Benz, Opel, Peugeot, Renault, Tesla, Toyota and Volkswagen. With these additions INDICATA has now a total of 14 OEM relationships.
“These wins are a result of our leadership’s focused new business effort and demonstrate our ability to deliver across a diverse range of data and analytics needs of our clients. We are extremely delighted with our continued success in partnering with such prestigious companies," Jörg Höhner said. “These wins present valuable opportunities for INDICATA to help evolve the used vehicle retailing industry. I am confident we have the advanced technology that OEMs are looking for to help them drive their businesses forward, both locally and globally," he added.
INDICATA 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.
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.
About AUTOROLA Group
AUTOROLA Group is a global leader in online remarketing and automotive IT solutions for professional used car and fleet management headquartered in Denmark. The company has currently approximately 450 employees and subsidiaries in 20 countries across Europe, North America, Latin America and Asia-Pacific.