[February 19, 2018] |
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Indix Announces Broad Availability of Its AI-Based Product Prediction Services
Indix, the world's leading product AI company, announced the broad
availability of its AI-based prediction services for product
categorization, brand identification, standardized attribute extraction
and product clustering. With Indix's prediction services, companies will
now have the power to process millions of product records in minutes,
using AI, without any humans in the loop.
Using Indix prediction services, ecommerce marketplaces can clean and
verify seller content and augment product listing attributes. Etailers
can clean and verify existing content and accelerate SKU onboarding.
Adtech companies can standardize advertiser catalogs, enhance ad
relevance and power dynamic ads. Affiliates and Publishers can automate
catalog management and power product search. Market Research and
Analytics companies can identify and classify products using just the
limited information on electronic receipts.
"From the very beginning we invested in AI and ML because there was no
other way to handle the amount of product information that we were
processing every day," said Sanjay Parthasarathy, founder and CEO of
Indix Corporation. "As a result, we have builta completely automated
product information platform that learns continuously."
Indix has used all four prediction services along with its search
ranking and relevance to power the recently released Samsung (News - Alert) Mall, to
enable consumers to discover and buy products across multiple online
shopping sites in India using Samsung smartphones' cameras, microphones
and key inputs.
"We have over two billion product offers on our platform and we built
AI-based services to automate our own catalog management," said Sri
Velamoor, VP of Sales and Business Development at Indix. "Over time, our
algorithms have leveraged these billions of data points to learn a
normalized taxonomy and schema and compile a brand dictionary, all of
which helped standardize our catalog. Indix is excited to offer these
prediction services and metadata to companies that want to improve their
product catalogs or structure their product information."
Indix's AI-based prediction services, combined with metadata and product
content, helps companies automate and accelerate their vision for next
generation shopping, advertising, IoT and analytics.
About Indix: Indix is the world's leading products AI company
that is built on the world's largest corpus of structured product
content and metadata. Using the Indix platform, businesses can unlock
more value from product information to improve product search and
discovery, automate catalog management, optimize promotions and offers,
enrich product pages, and analyze the market and competitors. The
company has offices in Seattle, Chennai and Hyderabad. For more
information, please visit www.indix.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180219005030/en/
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