Monday, November 26, 2018

TLM Technologies Applies AI To Fuel Pricing

TLM Technologies, a software developer with operations in Colorado Springs, as well the UK, said on Monday that it has launched new fuel pricing software, which uses artificial intelligence to analyze and set fuel prices for convenience stores and gas retailers. According to the company, its cloud-based software proposes new fuel pricing multiple times a day, and is aimed at helping those convenience stores and gas retailers to use near real-time pricing on their point-of-sale (POS) systems, pumps, and stores. TLM said its new software, evoPricePlus, will help fuel analysts better price fuel and increase pricing efficiency and maximize profits for operators.