A leading automotive company suffered losses due to its inability in forecasting the residual value of leased vehicles.
Infosys developed an end-to-end automated residual value model with streamlined processes, advanced controls, and enhanced regulatory compliance.
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Infosys’ solution enabled the company to automate vehicle depreciation forecasting. Our system uses ground units as a frequency measure to estimate expenditure while accounting for inventory.
Our automated data forecasting model offers visibility into estimates of used vehicles in the future by quantifying components. It influences the resale value in terms of incentives, vehicle lifecycle, and seasonality. Our solution offers vehicle identification number (VIN) granularity.
The Infosys solution helped the automotive company –
Establish a data governance framework for data management, quality, and security
Automate the process of data cleansing, iteration, and reconciliation