Silsoe, UK and Colorado Springs, CO – November 26, 2018 – TLM Technologies, Inc., a provider of a next-generation, cloud-based software application suite called evolution that delivers a measurable competitive advantage to convenience stores, is announcing its new fuel pricing software with artificial intelligence (AI), evoPricePlus. evoPricePlus is a complete, cloud-based retail fuel pricing solution that proposes prices multiple times a day and analyzes pricing performance against AI to give fuel analysts a competitive advantage.
evoPricePlus’ interoperable design integrates with existing hardware and software at c-stores and gas retailers to enable them to move prices to current POS systems, pumps, and signs at stores in real time.
“We have been working with TLM on dynamic fuel pricing to increase revenue at each of our six stores,” said Kumar Sharma, owner of the Falcon Sharma Group. “From what we have seen, this technology is going to be a game changer!”
Additional benefits of evoPricePlus include:
Brendan Doner, who joined TLM recently as Director of Data Science, oversees evoPricePlus development and integration of artificial intelligence, complex data mining, and statistical analysis technologies to help convenience store owners assess business trends and opportunities to grow revenues. Doner draws on over 15 years in data science, software development, customer service, and business development. Most recently he was a strategic insights consultant at Kalibrate. Before that, he was associate director of data science at PriceAdvantage.
“Fuel retailers need to be able to manage increasing fuel price volatility to be competitive and maximize profitability. Yet many are still relying on outdated processes or previous generations of technology,” said Lee Papper, CEO of TLM. “At TLM, we intend to stay on the cusp to help retailers cull through data, extend human intelligence, identify trends, correlations, and find market opportunities. evoPricePlus replaces subjectivity with better decision making across stores to forecast and plan for the future. We are excited to announce evoPricePlus and Brendan to our team to help advance the way c-stores use artificial intelligence to gain an edge and become more profitable.”
TLM Technologies’ transformative cloud-based evolution suite is aptly named for its open-standards, powering rapid release cycles and functionality. Its end-to-end point of sale (POS), database, back office/head office, reporting, and now fuel pricing, solutions are selected for deployment at thousands of locations across the U.S. and Europe at customers like BP, Shell, ExxonMobil, Gulf Oil International, Booker Group, Euro Garages, Costcutter, and sole proprietors.
About TLM Technologies
TLM Technologies, Inc., provides next-generation convenience store technology to deliver a measurable competitive advantage to c-stores and fuel companies around the globe. The company’s cloud-based suite of convenience store applications is aptly named evolution. It runs on open-standards, includes rapid release cycles and functionality, and has the ability to connect every part of the convenience and gas retail operation from head office, to POS, back office, and fuel, to enhance customer experience, bust lines, boost profits, and execute winning promotions.
TLM Technologies in United Kingdom www.tlmtechnologies.co.uk/ and United States www.tlm-tech.com, and on LinkedIn, Facebook and Twitter.
Media ContactCompany Name: Clear Point AgencyContact Person: Hilary McCarthyEmail: Send EmailPhone: 508-829-2543Country: United StatesWebsite: https://tlm-tech.com