TORONTO - Today, 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!"