• Knowledge Base
home/Knowledge Base/Price Estimator/Where does Lytica get it’s information?

Where does Lytica get it’s information?

198 views 1

Written by Shawn Bradley
15 June 2021

Lytica is the guardian of the world’s largest, independent source of peer pricing data from our community of benchmarking clients. With a constant influx of current data from benchmarking customers, we have true market visibility that is not offered by internet aggregators or distributor websites. We anonymize and analyze client pricing versus our database for comparison and computation of competitiveness scoring.

In addition, Lytica has lifecycle data source partners and makes use of artificial intelligence and machine learning to accelerate our data collection and put it into action. Our advanced technology efforts enable us to accurately provide lifecycle information and alternative part identifications at a form, fit and function equivalent level.

Was this helpful?

1 Yes  No
Related Articles
  • How often does Lytica update pricing?
  • Does Lytica provide data sheets for the Alternatives that are provided in Price Estimator?
  • I don’t understand the different kinds of savings, what are they?
  • I don’t understand Competitiveness, how does this work?
  • How is the Market Leading price determined?
  • Does Lytica have the volume points that were associated with the pricing that you provide?
Leave A Comment Cancel reply

You must be logged in to post a comment.

Popular Articles
  • How are the 5 dimensions in the Price Estimator Risk Score weighted?
  • Do you take volume into account for price predictions?
  • Where does Lytica get it’s information?
  • What is Spend Competitiveness?
  • Can I calculate my competitiveness without access to the Spend Benchmarking plugin?
KB Categories
  • FAQs
  • Terminology
  • Lyticology
  • SupplyLens™ Platform
  • Spend Benchmarking
  • Price Estimator
  • Data & Security
© 2022 Lytica Inc. All Rights Reserved. SupplyLens™ is a registered trademark.