IQLECT Launches 'ShopIQ' to Provide Real-time Analytics for E-commerce Businesses

/ -- ShopIQ addresses the persistent problem of scaling real-time e-commerce analytics through its platform equipped with predictive analytics and machine learning (ML) capabilities.

E-commerce businesses face several growth challenges to effectively engage and shape the consumer journey given the explosive growth in data. ShopIQ is an advanced real-time data analytics and machine learning platform that enables store owners to deliver real-time '1-on-1 customer personalization' to boost conversions and improve online sales.

ShopIQ, an enterprise-grade advanced e-commerce analytics solution is built by IQLECT, a data analytics startup. ShopIQ provides small, medium and large sized e-commerce businesses easy access to affordable analytics and machine learning capabilities. With the power of data-driven actionable insights, businesses can optimize their online store and drive better sales.

The platform is equipped with advanced reporting features and built-in as well as customizable KPIs that provide deeper insights related to user analysis, cart analysis, product analysis, order analysis among other key business metrics. Retailers can make streamlined, data-driven decisions faster in an automated manner. They will also be able to understand the full impact of their store's data through interactive, easy-to-use and fully-customizable dashboards.

Sachin Sinha, CEO and Founder at IQLECT, says, "ShopIQ brings enterprise-grade, powerful, yet affordable real-time predictive analytics to e-commerce businesses."
Highlighting the increasing dependence on data-driven e-commerce marketing, Prasadrao Gonuguntla, Manager - Frontend at IQLECT, says, "Data captured in real-time brings immense value to business intelligence. ShopIQ seeks to fill the gaps in analytics with real-time data."
About IQLECT