CommerceIQ, the leading retail ecommerce management (“REM”) platform, announced it has been recognized in the Gartner Market Guide for Digital Shelf Analytics. According to Gartner, “digital shelf analytics applications gather data from third-party digital channels where products are sold. Application leaders should evaluate the breadth of channels covered and the depth of insight and integration capabilities offered by each solution.” Gartner says that “by 2026, organizations that invest in digital shelf analytics but fail to integrate the application with back-end product data sources will fail to see a return on their investment.”
CommerceIQ functions as either a standalone product or part of a suite of solutions and fulfills the four functional areas in the Market Guide for Digital Shelf Analytics, including:
- Individual store data
- Ratings and reviews
- Competitor analysis
- Sales estimates
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CommerceIQ was also recently named to Inc.’s 2023 Best in Business List in the AI & Data Category, which honors businesses that have made an extraordinary impact in their fields and on society.
“Key decisions in the modern ecommerce landscape are dynamic and interconnected, yet many traditional consumer brands remain stuck working with siloed functions where decisions are made via time-consuming meetings and antiquated spreadsheets,” said Guru Hariharan, CEO of CommerceIQ. “We believe that inclusion in Gartner’s Market Guide for Digital Shelf Analytics is a significant step in helping brands understand the value of CommerceIQ’s end-to-end AI-powered platform as a single-source of truth for managing their retail ecommerce business.”
- Gartner, Market Guide for Digital Shelf Analytics, By Jason Daigler, Helen Grimster, Ant Duffin, 11 December 2023.
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SOURCE: GlobeNewswire