Consulting IQ offers a comprehensive digital ecosystem,
including a library with 3,000 business prompts and access to real
consultants to solve all sorts of business issues.
MIAMI, June 19,
2024 /PRNewswire/ -- The Miami-based company Consulting IQ announced
today the launch of its namesake enterprise platform powered by
artificial intelligence to support the growth of small and
medium-sized businesses (SMBs).
These companies, defined as those with less than 499 employees,
are the backbone of the US economy. According to the Small Business
Administration, they represent 99.9% of all businesses in the
country, employ over 46% of private sector workers, and account for
almost 44% of GDP.
Unfortunately, most of these businesses don't survive after five
years because they often lack the expertise to adequately face what
experts call a VUCA environment: volatility, uncertainty,
complexity, and ambiguity.
"VUCA significantly impacts SMBs. This can make it difficult for
them to adapt quickly to new circumstances, develop effective
growth strategies, adopt new technologies, and secure working
capital, among other challenges," explained Diego Medone, a
business consultant and Consulting IQ's founder.
According to Medone, this leads to knowledge gaps that prevent
them from unlocking their full potential. This was particularly
evident during the pandemic when no one was focused on helping them
navigate this uncertain landscape.
Knowing this reality, a group of consultants decided to act. To
understand their challenges, they spoke with over 1,000 owners who
shared their unmet needs, existing solution gaps, and
aspirations.
Leveraging AI
The consultants combined the owners' feedback with their
extensive problem-solving experience and cutting-edge technology to
create Consulting IQ.
This digital business ecosystem uses artificial intelligence to
make it easier for SMB owners worldwide to search for and find the
information and advice they need to manage their businesses
successfully.
"Our platform helps organizations thrive by making informed
decisions using AI technology. We combined data-driven tools,
predictive analytics, and insights from seasoned executive
consultants to provide advice and guidance through an intuitive and
user-friendly interface," Medone said.
Its main feature is a chat where users can ask open questions or
choose from the preloaded library with 3,000 business prompts. The
chat will offer customized answers based on the business
information users submit when they register.
The platform is designed to facilitate conversations between the
owner and the AI assistant. "You can get the answer you are looking
for in just two clicks—it is that easy, so you can focus on what
matters to your business. Also, you can continue the interactions
on any device," Medone said.
He added, "Given its state-of-the-art technology, it's capable
of understanding your business issues and guiding you to solve them
by offering personalized advice on multiple business areas,
including strategic planning, operational efficiency, financial
management, process improvement, organizational health, and
customer experience. In summary, from strategy to implementation
and everything in between."
Consulting IQ includes other features, such as a KPI library, a
forum, a marketplace, and masterclasses. In addition, users can
access seasoned consultants who are experts in different business
fields and are available to provide tailor-made advice.
"Thanks to this comprehensive approach, SMBs can solve all sorts
of business issues at any time and on the device of their choice,"
Medone said.
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SOURCE Consulting IQ