TLM Technologies Announces New Fuel Pricing Technology with AI for C-stores and Gas Retailers

Convenience store and fuel technology innovator announces fuel
pricing software that leverages artificial intelligence, giving
c-stores, fuel analysts, and gas stations an advantage in pricing fuel
and maximizing profits

SILSOE, England & COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#AI—TLM
Technologies, Inc., a provider of a next-generation, cloud-based
software application suite called evolution
that delivers a measurable competitive advantage to convenience stores,
is announcing its new fuel pricing software with artificial intelligence
(AI), evoPricePlus. evoPricePlus
is a complete, cloud-based retail fuel pricing solution that proposes
prices multiple times a day and analyzes pricing performance against AI
to give fuel analysts a competitive advantage.

evoPricePlus’ interoperable design integrates with existing hardware and
software at c-stores and gas retailers to enable them to move prices to
current POS systems, pumps, and signs at stores in real time.

“We have been working with TLM on dynamic fuel pricing to increase
revenue at each of our six stores,” said Kumar Sharma, owner of the
Falcon Sharma Group. “From what we have seen, this technology is going
to be a game changer!”

Additional benefits of evoPricePlus
include:

• Anytime, anywhere access – make pricing decisions on any device
  via the speed of the cloud
• Flexible, easy-to-administer pricing workflows – configure fuel
  pricing processes the way you and your company work in minutes; no
  coding required. Address process accountability, compliance, and
  provide a full audit trail
• Execute fuel prices – on POS and signs automatically in minutes
  with easy store / site integrations and global permissions
• Increase fuel pricing efficiency – enable analysts to better
  price fuel in less time to provide value in other areas of the business
• Maximize profits – find otherwise missed fractions in margin
  and volume gains that add up to significant profit gains with AI
  proposing fuel pricing
• Analyze performance – easily scrutinize pricing behavior
  changes and brand anomalies
• Leverage the latest in artificial intelligence – comb through
  terabytes of data to give fuel analysts explainable, predictable fuel
  pricing recommendations for all of your stores
• Easy roll out and staff training – intuitive technology and
  language, date/time, pricing, and time zones configurable to each user
• Gain a single source of truth – connect your head office, back
  office, POS, and fuel pricing solutions via TLM evolution apps suite
• Architected with security upfront – two-factor authentication
  and latest security enhancements, including those in leading-edge
  Microsoft® Azure hosting technology

Brendan Doner, who joined TLM recently as Director of Data Science,
oversees evoPricePlus development and integration of artificial
intelligence, complex data mining, and statistical analysis technologies
to help convenience store owners assess business trends and
opportunities to grow revenues. Doner draws on over 15 years in data
science, software development, customer service, and business
development. Most recently he was a strategic insights consultant at
Kalibrate. Before that, he was associate director of data science at
PriceAdvantage.

“Fuel retailers need to be able to manage increasing fuel price
volatility to be competitive and maximize profitability. Yet many are
still relying on outdated processes or previous generations of
technology,” said Lee
Papper, CEO of TLM. “At TLM, we intend to stay on the cusp to help
retailers cull through data, extend human intelligence, identify trends,
correlations, and find market opportunities. evoPricePlus replaces
subjectivity with better decision making across stores to forecast and
plan for the future. We are excited to announce evoPricePlus and Brendan
to our team to help advance the way c-stores use artificial intelligence
to gain an edge and become more profitable.”

TLM Technologies’ transformative cloud-based evolution suite is
aptly named for its open-standards, powering rapid release cycles and
functionality. Its end-to-end point of sale (POS), database, back
office/head office, reporting, and now fuel pricing, solutions are
selected for deployment at thousands of locations across the U.S. and
Europe at customers like BP, Shell, ExxonMobil, Gulf Oil International,
Booker Group, Euro Garages, Costcutter, and sole proprietors.

About TLM Technologies

TLM
Technologies, Inc., provides next-generation convenience store
technology to deliver a measurable competitive advantage to c-stores and
fuel companies around the globe. The company’s cloud-based suite of
convenience store applications is aptly named evolution. It runs
on open-standards, includes rapid release cycles and functionality, and
has the ability to connect every part of the convenience and gas retail
operation from head office, to POS, back office, and fuel, to enhance
customer experience, bust lines, boost profits, and execute winning
promotions. TLM Technologies in United Kingdom www.tlmtechnologies.co.uk/
and United States www.tlm-tech.com,
and on LinkedIn,
Facebook
and Twitter.

Contacts

Media Contact:
Hilary McCarthy
hilary@clearpointagency.com
508-829-2543