Other Industries

by Merantix Labs
AI in Other Industries

Didn't find what you're looking for?

Artificial Intelligence is the technology of future disrupting almost all industries - think governance, agriculture, entertainment, and many more. Are you interested in learning how we can help you innovate your business and help you with staying relevant in the future world? Get in touch!

Some use cases include:
  • Government
  • Energy
  • Urban Planning
  • Pharmaceutics
  • And many more

Interested?

Get in touch!
Our Use Case

Sales Conversion Estimation

Context

In many companies, sales leads are prioritized manually by sales people. This takes up a lot of time and is not always accurate, thus leading to spending time on leads that are not likely convert. For a €2 bn revenue company, we tackled this issue by automating the process of lead prioritization to enable the sales team to be more efficient.

Challenge

The main challenges during the process were developing a fine-tuned set of factors that could influence sales success. In addition, we worked with the client to extract data 30 years of data from their CRM system.

Solution

Our model used supervised learning to build a forecasting model, which assists the sales force by suggesting which lead to follow. The prediction model is based on historic data as well as on new upcoming sources of data. Due to our system, the client recorded significant time savings and efficiency gains.