In its Recommend Spring Release 2022, Algolia, the leading API-First Search & Discovery platform, introduced new AI (artificial intelligence) models and features. Algolia Recommend and Algolia Search, which process over 30 billion search requests every week, allow any modern business with an online presence to enhance their end-discovery user's journey by quickly linking them with the most relevant, actionable recommendations.
Algolia Recommend introduces powerful AI models that are powered by behavioral insights and are privacy-aware with this latest release. Customers can quickly put their most relevant and up-to-date material in motion for end-users thanks to Algolia's lightning-fast indexing capabilities. With its no-code/low-code tools, Algolia Recommend can be created and deployed in as little as four days. If developers want to fine-tune their implementation even further, they can dig behind the hood.
"As shoppers we have an expectation that there will be recommendations on category pages, PDPs (product detail pages), and checkout pages. It speeds up our discovery of the most relevant products, and for the brands themselves, it increases average order value, conversion rates, and repeat visitors. We're focused on having the best quality recommendations and making it easy for our customers to implement across their web properties. Algolia Recommend Spring Release 2022 helps organizations anticipate their users' wants and needs, and recommends the right content to reach them within milliseconds."
Bernadette Nixon, chief executive officer, Algolia
According to a recent Forrester Consulting Total Economic Impact research, Algolia's ranking algorithm boosted the relevance of search results by 40 percent to 50 percent, particularly among mobile customers.
"IDC expects the intelligent knowledge discovery software market to grow to $11.3 billion in revenue in 2025 with a CAGR of 26.4% over the next four years," said Hayley Sutherland, senior research analyst, Conversational AI and Intelligent Knowledge Discovery at IDC. "In this space, Algolia's Search and Discovery Platform, and particularly its Algolia Recommend Spring Release 2022, has the potential to play a significant role in unlocking previously 'hidden' data and making content available for organizational decision making."