DataRobot Case Studies AUTOproff Automates More than 50% of Vehicle Estimates – Driving European Expansion

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	AUTOproff Automates More than 50% of Vehicle Estimates – Driving European Expansion DataRobot

AUTOproff Automates More than 50% of Vehicle Estimates – Driving European Expansion

DataRobot

Technology Category	Analytics & Modeling - Machine Learning Analytics & Modeling - Predictive Analytics
Applicable Industries	Retail Automotive
Applicable Functions	Sales & Marketing Business Operation
Use Cases	Predictive Maintenance Fleet Management
Services	Data Science Services System Integration
Challenge	AUTOproff, a European leader in digital dealer-to-dealer trading, was facing a challenge in scaling its operations. The company, which had more than 100,000 cars on auction in 2021, was struggling to produce car value estimates within the 20 minutes promised to customers. This task was entirely dependent on a team of skilled vehicle professionals. As the company grew, the need for scaling became increasingly important. The challenge was to automate the process of producing car value estimates to expedite the turnaround time for customers and free up the data scientists and estimators to focus on more rewarding parts of their jobs. Read More
About Customer	AUTOproff is an emerging European leader in digital dealer-to-dealer trading, with more than 100,000 cars on auction in 2021. Established in 2013, AUTOproff aimed to digitize B2B vehicle trading, helping car dealers grow sales and improve profits from used car trading. Professionals can seamlessly and securely buy vehicles directly via AUTOproff’s online auction, with a unique range of integrated on-demand trading services, or sell cars via AUTOproff’s fully managed, end-to-end selling service. AUTOproff also provides C2B web solutions for dealerships, internal digital trading solutions for larger dealership groups and their ecosystems, as well as dedicated enterprise solutions for leasing, rental and insurance firms. Read More
Solution	AUTOproff turned to DataRobot AI Platform to build its Pricing Robot, which automated the most mundane parts of modeling and price estimating. The platform eliminated the manual parts of AUTOproff’s analytics lifecycle, cutting the time to arrive at optimal models. DataRobot MLOps simplified monitoring models in production, enabling the team to stay on top of accuracy. The platform also cut experimentation time dramatically, allowing models to be released to production in three weeks or less. AUTOproff used the DataRobot AI Platform to create its Pricing Robot to support automated car value estimates. With a regression model, the company was able to automate 55 to 60% of all estimates. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Machine Learning

Analytics & Modeling - Predictive Analytics

Applicable Industries

Retail

Automotive

Applicable Functions

Sales & Marketing

Business Operation

Use Cases

Predictive Maintenance

Fleet Management

Services

Data Science Services

System Integration

Challenge

AUTOproff, a European leader in digital dealer-to-dealer trading, was facing a challenge in scaling its operations. The company, which had more than 100,000 cars on auction in 2021, was struggling to produce car value estimates within the 20 minutes promised to customers. This task was entirely dependent on a team of skilled vehicle professionals. As the company grew, the need for scaling became increasingly important. The challenge was to automate the process of producing car value estimates to expedite the turnaround time for customers and free up the data scientists and estimators to focus on more rewarding parts of their jobs.

About Customer

AUTOproff is an emerging European leader in digital dealer-to-dealer trading, with more than 100,000 cars on auction in 2021. Established in 2013, AUTOproff aimed to digitize B2B vehicle trading, helping car dealers grow sales and improve profits from used car trading. Professionals can seamlessly and securely buy vehicles directly via AUTOproff’s online auction, with a unique range of integrated on-demand trading services, or sell cars via AUTOproff’s fully managed, end-to-end selling service. AUTOproff also provides C2B web solutions for dealerships, internal digital trading solutions for larger dealership groups and their ecosystems, as well as dedicated enterprise solutions for leasing, rental and insurance firms.

Solution

AUTOproff turned to DataRobot AI Platform to build its Pricing Robot, which automated the most mundane parts of modeling and price estimating. The platform eliminated the manual parts of AUTOproff’s analytics lifecycle, cutting the time to arrive at optimal models. DataRobot MLOps simplified monitoring models in production, enabling the team to stay on top of accuracy. The platform also cut experimentation time dramatically, allowing models to be released to production in three weeks or less. AUTOproff used the DataRobot AI Platform to create its Pricing Robot to support automated car value estimates. With a regression model, the company was able to automate 55 to 60% of all estimates.

Impact #1	AUTOproff automates more than 50% of all estimates, benefiting customers, estimators, and the business.
Impact #2	The company shortens the average time to turn around price quotes, helping deliver on promises to customers and expand across Europe.
Impact #3	With the DataRobot AI Platform pricing more common vehicles, the company removes some of the tedious tasks for the company’s seasoned team of estimators.

Impact #1

AUTOproff automates more than 50% of all estimates, benefiting customers, estimators, and the business.

Impact #2

The company shortens the average time to turn around price quotes, helping deliver on promises to customers and expand across Europe.

Impact #3

With the DataRobot AI Platform pricing more common vehicles, the company removes some of the tedious tasks for the company’s seasoned team of estimators.

Benefit #1	AUTOproff generates more than 1,400 car value estimates daily.
Benefit #2	The company automates 55 to 60% of all estimates.
Benefit #3	Models can now be released to production in three weeks or less, instead of six months.

Benefit #1

AUTOproff generates more than 1,400 car value estimates daily.

Benefit #2

The company automates 55 to 60% of all estimates.

Benefit #3

Models can now be released to production in three weeks or less, instead of six months.

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Overview

AUTOproff Automates More than 50% of Vehicle Estimates – Driving European Expansion

Operational Impact

Quantitative Benefit