Shakudo

Use Case

Optimize Ticket Pricing with Dynamic Demand Modeling

SEE IN ACTION

Trusted By Industry Leaders

AI-Driven Dynamic Pricing: Maximizing Revenue in the Entertainment Industry

Shakudo's AI-powered ticket pricing optimization solution transforms revenue management for entertainment venues and event organizers. By leveraging advanced machine learning algorithms and real-time market data, this solution dynamically adjusts ticket prices based on demand forecasts, competitor pricing, and other relevant factors. Shakudo uniquely enables rapid deployment and seamless integration of these sophisticated pricing tools within existing ticketing platforms, empowering businesses to maximize revenue while maintaining customer satisfaction.

  • Real-time price adjustments based on current demand, historical trends, and market conditions
  • Automated segmentation of customer base for personalized pricing strategies
  • Continuous learning from sales data and customer behavior for improved pricing accuracy
  • Recommended Data & AI Stack

    Revolutionize your event pricing strategy with AI-driven dynamic modeling. This solution significantly boosts ticket revenue while optimizing attendance rates through precise demand forecasting and real-time price adjustments.

    XGBoost powers sophisticated machine learning models that analyze complex patterns in ticket sales, customer behavior, and market trends. Snowflake and dbt work in tandem to integrate and transform diverse data sources, while MLflow manages the machine learning lifecycle, ensuring models remain accurate and up-to-date. Metabase provides intuitive visualizations of pricing strategies and performance metrics, and n8n automates the price adjustment process based on AI-generated insights.

    The result is a substantial increase in overall revenue and improved capacity utilization. By dynamically adjusting ticket prices based on real-time demand and market conditions, venues can maximize profits during high-demand periods while stimulating sales during slower times, ultimately leading to optimized revenue streams and enhanced customer experiences.

    Testimonials

    Driving Innovation Across Industries

    Testimonial Image

    real estate | $77.6 Billion AUM

    "We chose Shakudo over alternatives because it gave us the flexibility to use the data stack components that fit our needs knowing that we can evolve the stack to keep up with the industry."

    Neal Gilmore

    Senior Vice President, Enterprise Data & Analytics
    @ QuadReal Property Group
    Testimonial Image

    Healthcare | #1 Software for Autism and IDD Care

    "We use Shakudo to shorten development time and time to impact. The platform provides us with a value-added shortcut to get from Point A to Point Z much faster. It’s now weeks or months vs months and years."

    Chris Sullens

    CEO @ CentralReach
    Testimonial Image

    Digital Analytics | 40% of worldwide internet users

    "Almost overnight, Shakudo's product helped us move past many of those struggles so we could focus on solving business problems instead of scaling infrastructure."

    Adam Dille

    SVP of Product & Engineering @ Quantum Metric
    Testimonial Image

    Sports | NBA BAsketball Team

    "In the last two months, we’ve been able to Develop and deploy 4 new AI applications in 2 months, amounting to significant return on operation."

    Ben Levicki

    AI Solutions Architect @ Cleveland Cavaliers
    Testimonial Image

    Energy | 275% growth in customer base

    "Not very often I find slam dunk products like Shakudo!"

    Mike Kirkup

    Chief Technology Officer @ EnPowered
    Testimonial Image

    climate Risk | processes 33+ billion data points

    "With the help of the Shakudo platform, we were able to massively scale our production pipelines, while working collaboratively to meet our product goals."

    Andrew Wiebe

    Chief Science Officer @ RiskThinking.AI