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Prisync: Finding the Business Cloud an Automated Solution to Break Even With Competition
Simultaneously keeping a business and tracking the competitive edge of rivals is something rather inconvenient. To express it inversely, Prisync, a cloud startup from Istanbul, Turkey, on the southern fringes of the European continent has braced up for showing companies exactly what their competitors are currently about. Before going further, here is a look at the beginnings of the business cloud startup: Prisync began in Turkey courtesy of the current Chief Executive Officer, Burc Tanir. Since then, it has amassed some a hundred thousand Euros worth of sponsorship funds courtesy of a scientific body in the country, as well as, fifty thousand Euros from ‘an angel investor.’
Even if the program launched a few months since, it is not until September 2013 that the startup will begin to offer automated solutions on comparing a business rival’s pricing strategy, real-time prices and the conditions of its stock. At its current phase, the company uses ‘manual’ means to trace, list and compare the market conditions of various sellers and suppliers. However, since this model may prove to drag, the company’s founder, Mr. Tanir, has intimated that by September, 2013, they will be ready to use infographics, as well as, algorithms to offer sharp, accurate pricing plans of others in the market.
he software that Prisync uses will offer a framework for alerts in case any new alteration has crept into the market. Notably, the cost and availability of the rival’s goods will be the center piece of this perpetual information.
This will help make the business of a competitor easier to keep abreast of in the most secretive and yet most glaring aspect: pricing. By appropriating the cloud as the background of finding the solutions they are after, companies will be thereby maximizing on the possible returns they can make. This is because ‘online’ is the new home of all major entities and if one does not locate a company there, then it needs not pose as competition.
Behind every novel idea, especially in relative fields like analytics and the cloud, there are always hidden possibilities, not least of which is how ahead of the competition the application itself can vaunt to be. Indeed, if one was to gauge the services of Prisync on a contemporary technology gauge, it would do well among startups. As the company’s Chief Executive, Burc Tanir says, most other e-commerce entities use the services of interns to compare prices but theirs is just to key in the data and then automate the result. The only drawback is that by the time of this review, the company had yet to introduce its algorithm that would remove any need for manual check up of pricing data.
Who Else Is Behind the Team?
The team that has introduced Prisync to the world has technology for pillow, meaning that they have each loved tech for most of their careers. They say that ‘we sourced all our expertise in e-commerce, business intelligence and big data applications,’ in order to apply or engender it in their new startup. Their earlier careers were all related to finding solutions for technical and entrepreneurial demands.
There is much behind the cloud-based dashboard of Prisync. Perhaps it might after all be the awaited magic wand that will make the difference for a customer who prefers a company over another because of its pricing insight.
By John Omwamba