Business Intelligence platform provider INDICATA announces major agreement with TRAXIO, the Belgian Confederation of Automotive Distribution & Repair.
INDICATA, the global leader in business intelligence and analytics solutions for used car man-agement to the automotive industry and part of the Autorola Group, announced today that it has signed a partnership agreement with TRAXIO, Belgian Confederation of Automotive Distribu-tion & Repair, representing more than 8.800 companies in Belgium including more than 2.500 car dealerships and retailers.
Through this partnership agreement, TRAXIO members will be eligible for exclusive access to the various modules and features of the INDICATA Business Intelligence platform which allow deal-erships and retailers to price and manage their used vehicle inventories by applying data-driven insights.
INDICATA is a web based platform that monitors all used cars currently for sale by collecting and analysing live used car market data in real-time from classified websites, OEM websites, dealer websites, used car retailer websites, etc. Engineered for high-performance used vehicle man-agement the solution enables dealers to turn data-driven insights into a competitive advantage and provides them strategic guidance to improve operational efficiencies in their used vehicle operations.
“We are extremely excited to be working with TRAXIO as the organization has specific, in-depth knowledge of the local automotive retail landscape and great successes in technology partner-ships with suppliers," said Jörg Höhner, Global Managing Director INDICATA. "This agreement is a major milestone in our expansion and forms a key part of the INDICATA's growth strategy to focus on investments in our partner ecosystem and follows directly our recent announcements of new major client wins internationally and the implementation of new features," Erwin Coe-sens, Country Manager Autorola Belux added. “Our mission is to help businesses to successfully operate their used vehicle operations by apply-ing data-driven insights. We are confident that the partnership with
“Our mission is to help businesses to successfully operate their used vehicle operations by apply-ing data-driven insights. We are confident that the partnership with TRAXIO will bring INDICATA to more dealers and people who want to make informed data-driven decisions," Filip Dobbeleir, INDICATA Sales Director Belgium said.
"We are focused on bringing advanced services and solutions to our members. We have seen substantial potentials and high interest from our members in INDICATA as a great way to bring the power of data-driven insights and business intelligence to their used car business. We expect they will greatly benefit from this agreement and this refreshing new opportunity enabling them access to the leading INDICATA platform to help them improve efficiencies in their used vehicle operations. Our new tool is to be found on usedcars.traxio.be" Carl Veys, President TRAXIO said.
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 fleet management headquartered in Denmark. The company has currently approximately 350 employees and subsidiaries in 20 countries across Europe, North America, Latin America and Asia-Pacific.