NEW YORK, Feb. 21, 2017 /PRNewswire/ -- Today, Yhat, the leader in data science management software, announced that Turo, the premier peer-to-peer car-sharing marketplace, is using Yhat's ScienceOps to power their mobile applications.
Turo is using ScienceOps to embed dynamic pricing and product recommender algorithms directly into its car rental app. By leveraging Yhat's ScienceOps, the Turo data science team is able to provide data driven pricing and vehicle recommendations to people listing and renting cars using the app.
On the surface the app appears to understand and anticipate user needs as if by magic. Under the hood of the app, these recommendations are powered by complex Python algorithms using variables like car make and model, user attributes, and predicted competition.
ScienceOps bridges the incompatibility gap between a data scientist's open source statistical tools and the frameworks and statistical languages developers use to build web and mobile applications. This allows for the rapid, secure, and scaled leverage of advanced algorithms written in Python and R directly within web and mobile apps.
"Customer-level data is everywhere which gives companies an incredible opportunity to serve their customers in a more tailored, personalized way. The challenge is finding a way to convert that into a strategic function," said Austin Ogilvie, CEO and co-founder of Yhat. "Turo is an example of a company that has actually brought data science to life in their product, which is immediately evident when you use their app. It's a seamless experience. We're privileged to be a part of their journey."
"Turo has millions of data points about how people lend and borrow vehicles. As Turo expanded, we wanted to leverage our data in real time to make it easier and more fun to lend or borrow a car," explains Jerome Selles, Director of Data Science and Analytics. "Thanks to Yhat, we're able to embed our data science models into the app as REST API endpoints, which cuts the technical deployment phase time from weeks, or even months, down to seconds. ScienceOps allows us to realize the value of our data science work almost immediately."
Yhat is an end-to-end data science lifecycle management suite. Yhat helps equip and organize teams to analyze/model data collaboratively in the cloud, manage their own compute resources without IT, and deploy predictive models to production faster, more reliably and without writing any custom deployment code. For more information, visit www.yhat.com.
Turo is a car rental marketplace where travelers can rent any car they want, wherever they want it, from a nationwide community of local car owners. Travelers choose from a unique selection of nearby cars, while car owners earn extra money and help fuel the adventures of travelers they meet along the way. For more information, visit www.turo.com.
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