Information technology (IT) service and consulting company Mobility Intelligence Inc., which joined ISRI in September, has built an intelligent pricing engine (PE) in the secondhand consumer electronics market (CEM). The PE is powered by machine learning and artificial intelligence (AI) technology that is completely automated and grants access and analyzes historical pricing data, as well as market forecasting that provides the competitive edge needed in the highly volatile CEM market.
“Abdul Loul, our founder and CEO, saw a need in the market based on his past experience in the market when he himself was distributing, selling, and buying secondhand electronics and decided to address the gap in the market with what our organization is founded on,” COO Mahmoud Wahdan states.
“We’ve placed in the Top 3 and Top 5 of several competitions we’ve entered for organizations and events such as GITEX and MWC for startup innovation efforts,” Wahdan continues. “We have also applied for a few certifications recently pending approval for various notable secondhand consumer electronics market organizations.”
As a software-as-a-service (SaaS) provider, New York City-based Mobility Intelligence seeks connections to learn how it can be more helpful in information to customers about being more economically responsible, particularly with recycling of devices.