Published on : Wednesday, September 6, 2017
Trainline is a newest technology will enable the passengers to buy cheap train tickets.
A price predictor launched by ticket retailer Trainline uses historical and current trends to inform passengers when advance fares are likely to become more expensive.
Most train ticketing operators release these tickets around 12 weeks before a journey but the price usually increases as demand grows and time passes, meaning it can be costly to delay purchases.
The passengers have previously been given little indication of how quickly they need to book to secure the best prices.
The chief product officer Jon Moore said that the latest data scientists have used historical pricing trends from billions of customer journey searches to predict when the price of an Advance ticket will expire.
It is now share this information in the app to permit the customers to get the best price possible for their journey.
They are introducing more advanced machine learning every day so naturally the predictions will get increasingly accurate.
The mission is to make the train travel as simple as probable and price prediction is the first in a long line of predictive features that have planned to help customers save time and money.
The firm, Timeline said that the people who buy tickets on the first day they search for them save an average of 49 percent compared with walk-up fares.
The price predictor is available on the Trainline app, which also alerts the passengers and the app users to which sections of a train are likely to have empty seats.