Prefixbox Semantic Search Engine Recognized in Gartner’s 2021 Market Guide for Digital Commerce Search
Prefixbox Semantic Search Engine and product discovery modules are recognized in Gartner’s 2021 Market Guide for Digital Commerce Search; a guide highlighting trends and advancing innovations in the eCommerce search sector.
Gartner’s new report identifies personalization, AI-enhanced relevance and semantic search as key trends for eCommerce leaders to leverage in their site search – all of which are included in Prefixbox’s search modules: Autocomplete, Related Searches and the Semantic Search Engine.
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Prefixbox’s Autocomplete leverages AI (NLP, NLU) and personalization in the suggestions, while the Semantic Search Engine enables retailers to further understand their clients and continually improve the relevance of suggestions by leveraging features like re-ranking and tuning, synonym mining and Speller. Additionally, it has Merchandising capabilities, a Brand Promotion platform to enhance retailer/brand collaboration to drive revenue, and visual product recommendations. All of the Prefixbox modules are backed by A/B testing and supported by a robust Search Analytics platform.
“We are happy to be recognized by Gartner for our forward-thinking work. We aim to constantly meet retailers’ needs and exceed their expectations, which is why we’ve spent so much time developing our Semantic Search Engine to be one of the best in the industry” – summarizes Istvan Simon, Prefixbox CEO and Founder.
Prefixbox provides easy-to-integrate AI-powered eCommerce search solutions to fit the needs of medium and enterprise eTailers. Their data-driven search modules learn from user behaviour and are proven to significantly improve user experience and increase revenue and conversion rates for retailers.
Headquartered in Budapest, Hungary, with regional offices in Poland, Germany, and Austria, Prefixbox operates in nine countries, providing search solutions for 60+ clients including Rossmann, Auchan, Bauhaus, MediaMarkt and Praktiker.
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