| Company | Prisync |
| Address | Bogazici University Istanbul, Istanbul 34470 Turkey |
| Founders | Burc Tanir, Selcuk Gerger, Ahmet Sulek & Samet Atdag |
| Founded | February 2013 |
| Funding | 75.000 euro |
| Employees | 5 |
| Website | www.Prisync.com/ |
| Rating | 5 bits |
With e-commerce sales continuing to grow rapidly globally, it becomes more important for ecommerce website to have a complete understanding of the context they are operating in. That also requires understanding what the competition is doing. Prisync is an online price tracking and analytics SaaS provider that helps e-commerce companies do exactly that.
Prisync is capable of tracking prices and stock availabilities of online listed products for companies, to let them benchmark with their competitors or resellers. All the incoming data is shown in a dashboard or via excel reports. It offers an active alerting system in case market prices of the competition changes, allowing organisations to respond quickly. The software analysis competitive prices and helps to determine the optimum pricing of the products to ensure maximization of profit.
Prisync is a Turkish Big Data Startup that is currently under a state-funded R&D program, which will end with a patent. It is the output of a long R&D process focussing on machine learning & information extraction. It was founded in 2013 by Burc Tanir, Selcuk Gerger, Ahmet Sulek and Samet Atdag. Currently they have 15 customers ranging from Consumer electronics retailers, design retailers to cosmetics retailers.
It is still a small big data startup that, although open to public, needs to grow to have more impact and with beta testing on Shopify this could happen in the future. With the growing global ecommerce ecosystem, a competitive-pricing-analytics–tool can be very valuable for ecommerce website to better price their product, which in the end will benefit the consumers. Currently we give them a 5 bits rating, but we expect them to improve in the future.
