Light and shadow when using it in a real-time enviroment
November 28, 2021

Light and shadow when using it in a real-time enviroment

Anonymous | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Overall Satisfaction with Pricefx

We [use] Pricefx for dynamic pricing of leisure tickets based on a customized algorithm [that important] real-time data like weather, bookings, and user characteristics. We are using different [models] to forecast volume and revenue, optimize prices[,] and provide APIs for external partners. Our solution is in use for online webshops and [cash-desk] operations.
  • Integration of external data[.]
  • Pre-calculation of prices based on an customized algorithm[.]
  • Simulation and forecasting of volumes and revenue[.]
  • Stability and reliability[.]
  • Performance
  • User Experience (steep learning curve)[.]
  • Integration Manager to connect external data sources[.]
  • Live Price Grid to (re-) calculate prices based on events[.]
  • Subscription model to decrease up-front cost[.]
  • Increase in online ratio of bookings[.]

Do you think Pricefx delivers good value for the price?

Not sure

Are you happy with Pricefx's feature set?


Did Pricefx live up to sales and marketing promises?


Did implementation of Pricefx go as expected?


Would you buy Pricefx again?


Well suited: [Situations] where prices can be pre-calculated and cached (especially B2B), CPQ Needs improvements: real-time capabilities[.]