TradeRev Unveils ‘H’ - Artificial Intelligence to Enhance the Digital Auction Experience
KAR Auction Services, Inc (KAR)
Last kar auction services, inc earnings: 2/18 05:00 pm
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Source: GlobeNewswire
CARMEL, Ind., March 19, 2018 (GLOBE NEWSWIRE) -- TradeRev, a digital platform that facilitates live, dealer-to-dealer vehicle auctions, announced they will unveil H, the company’s newest suite of artificial intelligence capabilities at next week’s National Auto Dealers Association (NADA) Show 2018 in Las Vegas. TradeRev is a business unit of global remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE:KAR). H leverages data and technology from across the KAR platform and uses TradeRev’s machine learning and proprietary algorithms to deliver clear, easy, actionable intelligence to dealers. At NADA, TradeRev will demo H’s AI-driven automated condition report visualization tool and several recently released data and predictive analytics capabilities. “There’s a lot of artificial intelligence out there, but we created H to be hyper-focused ‘auction intelligence’ for dealers,” said Mark Endras, co-founder of TradeRev and KAR chief innovation officer. “H’s machi
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