Leading eCommerce Search and Product Discovery Company Recognized in the Machine Learning Category

TORONTO: #AI--GroupBy Inc., a SaaS-based B2C and B2B eCommerce search product discovery technology leader, announced today that it was selected by Business Intelligence Group (B.I.G.) as a winner of the 2024 AI Excellence Awards for machine learning. The company’s AI-first composable platform is bringing next-generation search technology to retailers worldwide, helping to bridge the gap between consumer and merchant.

Powered by Google Cloud Vertex AI Search for Retail, a next-generation retail search engine, the platform is an all-in-one solution that consists of Search and Recommendations, Data Enrichment, Merchandising, and Analytics and Reporting, providing eCommerce merchants with access to a powerhouse of products and services designed to enhance the digital customer experience. GroupBy is transforming B2B and B2C eCommerce merchandising, helping teams transition from relying on rule-based to revenue-generating optimization, improving internal productivity and efficiencies while reducing time to market. This allows retailers, wholesalers and distributors to focus on strategic initiatives that drive revenue and improve key KPIs.

“The eCommerce landscape is more challenging than ever,” said Roland Gossage, GroupBy’s CEO. “We’re honored to be recognized by the Business Intelligence Group’s AI Excellence Awards as industry leaders, helping eCommerce brands harness the power of AI to deliver hyper-personalized shopping experiences. AI and machine learning are truly revolutionizing the retail industry, possessing a superior understanding of user intent to optimize and deliver results that are relevant, buyable, individually personalized, and optimized for revenue every single time.”

Built on AI fundamentals, the GroupBy platform is also transforming internal eCommerce merchandising from rule-based to revenue-generating, optimizing productivity and efficiencies, and reducing time to market - allowing retailers, wholesalers and distributors to focus on business strategic initiatives that drive revenue.

“We are truly honored to recognize GroupBy with this prestigious award,” stated Maria Jimenez, Chief Nominations Officer for the Business Intelligence Group. “Their team's unwavering commitment to excellence and innovative AI applications have catapulted them to this remarkable achievement. Congratulations to the entire organization!”

About GroupBy Inc.

Founded in 2013, GroupBy is an eCommerce Search and Product Discovery SaaS technology provider that powers some of the largest B2B and B2C brands. GroupBy’s AI-first composable platform is bringing next-generation search technology to retailers worldwide, helping to bridge the gap between consumer and merchant. Powered by Google Cloud Discovery AI, the platform consists of Data Enrichment, Search and Recommendations, Merchandising, and Analytics and Reporting providing eCommerce merchants with access to a powerhouse of products and services designed to enhance the digital customer experience. Built on AI fundamentals, the GroupBy platform is transforming eCommerce merchandising from rule-based to revenue-generating, optimizing productivity and efficiencies, and reducing time to market - allowing retailers, wholesalers and distributors to focus on business strategic initiatives that drive revenue. To learn more about how GroupBy is shaping the future of eCommerce visit www.groupbyinc.com and follow us on LinkedIn, Twitter and Instagram.

About Business Intelligence Group www.bintelligence.com

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

Fonte: Business Wire