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SpatialAL- The latest PrimeThought Software Solutions Product!

What is it?

SpatialAL(Automated Learning) is a tool that plugs into our other products that performs automated machine learning to predict profitability, turnover etc. for things like potential new store locations etc.

How it works

  • The profitability of a store is driven by a number of factors, some of them environmental.
  • We don’t have access to all the factors that lead to success or failure (for instance if the store is in a busy isle of the shopping centre) but we put in all the factors that we do have access to (NLI, demographics, day-night population etc.) and this is aggregated into the territory of each store. (Existing and new sites).
  • Using Machine Learning we take all the variables and let the computer analyze them and find patterns and see which variables influence profitability and calculate a fit for that.
  • The more data we put into the Machine Learning algorithm the more accurate or better our fit is likely to be.
  • To test our fit, we run the current stores through the algorithm and test the variance.
  • The variance between predicted and actual will test whether you have relevant factors in your data.
  • Once this test is successful, we apply this model to all the new store locations to predict profitability.

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PO Box 4005
Rosehill, 6176 South Africa

+27 (0) 87 135 4351

For general enquiries:  clientmanager@primethought.biz

For sales: sales@primethought.biz