Cars24
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Topics
Cars24 | engineering | Research
Cars24
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
CARS24, an e-commerce platform for pre-owned vehicles, on Friday launched its first engineering research and development centre here.
The centre will focus on developing cutting-edge solutions for used vehicle inspection, refurbishment, and reconditioning, it said in a statement, adding that it will employ engineers and specialists from across the country.
The AI-powered algorithms used by the centre will ensure accurate vehicle valuation, the company said.
"In addition to developing advanced technological solutions for vehicle inspection and valuation, the centre will analyse data on pre-owned vehicle sales and market trends, providing statistical models and machine learning algorithms that will predict future demand for certain types of vehicles, identify growth opportunities, and optimise pricing strategies", the statement added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Fri, March 17 2023. 17:27 IST
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Author: Ricardo Goulart ... Read more
Author: Gerardine Lucero  ... Read more
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more
The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more
Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more