White Paper: Consumer-Centric Approach

OPIS and A2i’s Vision For the Future of Retail Fuel Pricing
Discover why fuel retailers are focusing their attention on increasing market share and using new tools such as AI.

AI + Fuel Pricing

Fuel retailers in the U.S., Europe and most developed countries throughout the world have entered a new era using artificial intelligence.

Declining fuel demand is clearly the new normal. In growing economies with growing populations, increasing the volumes sold at fuel retail stations was traditionally an easy proposition through the mid-late 2010’s. A multitude of reasons have accelerated the subsequent change as the COVID-19 pandemic, better fuel economy, increased rates of remote work, and the higher prevalence of electric vehicles have driven down fuel consumption. For most of the developed world, gasoline demand is on a downward trajectory.

Our latest whitepaper explains why fuel retailers can no longer count on rising fuel demand to deliver growth. Fuel retailers are focusing their attention on increasing market share and using new tools such as AI.

AI

What are the biggest AI trends in 2021 and forward?

The usage of artificial intelligence is ever increasing due to the many benefits that can be achieved. Just to name a few trending topics within AI, we see that process automation, behavioral prediction, and price optimization are components of modern AI-systems...

AI, Customers

AI vs AI vs AI…and the question of market complexity

It’s been an interesting situation to be in.  Approaching a customer with PriceCast Fuel, only to hear, “Yes, others are talking to us about artificial intelligence too!”  Then when they sit down and listen to our pitch, they realise, “actually, yours seems...

AI, Retail

Don’t Panic! No, the forecourt is not going anywhere soon…

…but it doesn’t mean that change isn’t coming… On the 11th June, the BBC posted an article essentially announcing the imminent death of the forecourt.  Their justification, to summarise rather bluntly, is the incoming UK legislation around the ban on the sale of...