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Vue.ai Wins VentureBeat’s Transform AI Innovation Award for Computer Vision


Redwood City, Calif., USA – WEBWIRE

Vue.ai, the platform for intelligent retail automation, announced today that it has been named the winner of VentureBeat’s Transform AI Innovation Award for Computer Vision

Vue.ai is an end-to-end automation platform that uses AI and computer vision to extract retail catalog data and analyze human behavior to help global brands like Macy’s, thredUp and MercadoLibre improve customer experiences, drive conversions and reduce costs. From personalized styling and recommendations to catalog and inventory management, Vue offers retailers a way to automate key functions across departments that streamline operations and power unique shopping experiences for millions globally. 

“We are honored to be recognized for our efforts in AI and selected as a winner in the Computer Vision category with so many other inspiring companies and nominees considered,” said Ashwini Asokan, founder and CEO of Vue.ai. “This is a great testament to our work in helping global retailers prepare for the new experience economy and address critical business needs so they can grow exponentially.”

Vue.ai’s automation and styling solutions powered by its proprietary Computer Vision technology have generated over 180% increase in revenue per user and reduced time to market by 20% for marquee brands and retailers across the globe.

In its inaugural year, the VentureBeat AI Innovation Awards identify the most compelling and influential contributions to the artificial intelligence industry. The Computer Vision category specifically rewards innovation in the fast-growing fields of computer recognition, detection and restoration. 

2019 has been a breakout year for Vue.ai, with its award in Computer Vision arriving after recently raising a $17M Series B round to scale the company’s existing customer base and expand its product roadmap, which currently serves major retailers across 180+ countries including the US, UK, India, Middle East and Latin America.

The 2019 nominees were announced earlier this month in VentureBeat, with winners announced on July 11th at the Transform AI Innovation Award 2019 ceremony in San Francisco. For more information about Vue.ai, please visit https://vue.ai/.

About Vue.ai

Vue.ai is a computer vision and artificial intelligence platform that promises intelligent retail automation, keeping the human experience front and center. Vue.ai’s ‘neural network for retail’ leverages image recognition and data science to extract retail catalog data, analyze it with user behavior and help retailers make better, faster decisions.

The platform, which includes seven different products, delivers on two primary value propositions: automating retail processes across catalog management and merchandising and personalizing the customer experience across channels for global brands. Vue.ai is backed by leading venture capitalists such as Falcon Edge Capital, Sequoia Capital India, Global Brain, a GP of KDDI Innovation Fund and Exfinity Venture Partners. The company is headquartered in Redwood City, CA with offices in Chennai, India. For more information, visit https://vue.ai

 



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 Retail Automation
 Ai
 Computer Vision
 Retail Ai
 Personalization


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