Market Overview

CarStory Announces Two New Automotive Patents


Innovations with Conversion Optimization and Big Data Visualization
Boost CarStory's Performance

the automotive AI platform from Vast,
today announced two new U.S. patents: Predictive Conversions Systems and
Methods and Market Relative Position Engine. CarStory's AI-driven
platform helps both consumers and dealers make confident decisions
around buying and selling cars, and these patents continue to enhance
the CarStory product line.

"As the competition and cost of traffic continues to increase, companies
need better ways to engage the traffic they have and convert that
traffic at a higher rate," said John Price, CEO at Vast. "With our
Predictive Conversions Systems we can maximize the return on traffic.
Our Methods and Market Relative Position Engine takes something very
complex—understanding how a vehicle fits in a local market—and makes it

The CarStory Predictive Conversions Systems and Methods patent details
the methods for gathering intelligence based on every interaction to
help predict conversion rates. Increasing conversion on a marketplace or
dealer site is second only to traffic, and increased conversions equal
increased revenue.

The CarStory Market Relative Position Engine patent builds on top of
AI-based models to identify and rank competition. This display is unique
in the ability to communicate multiple variables in a simple 2-D chart.
Making big data easy to understand is as important as the analytic
itself, and with this patent CarStory continues to pioneer packaging
automotive analytics to make it easy for consumers and dealers to make
critical decisions.

To date, these two patents bring CarStory's total count to 11 with an
additional ten filed waiting for issuance. CarStory's ongoing innovation
positions the platform at the forefront of automotive AI.

About CarStory

Powered by the industry's largest database of inventory and shopper
insights, CarStory uses artificial intelligence (AI) and machine
learning to help both consumers and dealers make confident decisions.
With a network of over 10,000 dealers nationwide, and touching over 15
million consumers a month, CarStory is the leading automotive analytics
platform in the industry. To learn more or sign up, visit:

About Vast

Vast is the leader in Automotive Vertical AI for automotive industry,
applying domain knowledge, expertise and content to service
customer-acquisition, vehicle sales and data analysis. Vast's auto
platform, CarStory, supports a number of products including CarStory
Market Reports and Founded in 2005, Vast is the premier
provider of automotive big data solutions for the largest brands in
automotive. Learn more at

View Comments and Join the Discussion!