Its algorithms have also been trained on millions of products from vendors around the world, which Syte claims gives it the “largest vertical-specific lexicon in the industry.” This is what allows it to recognize several objects within an image, and assign them detailed tags.īrands that use Syte see a 423% increase on average on ROI, Fontyn added. Voss’ background in neural networks and machine learning allowed Syte to build a visual search solution that can produce results with more than 95% accuracy in object-matching within less than a second, Fontyn said. See first-hand how some of the world’s most innovative brands use Syte’s visual-ai-powered product discovery solutions to deliver memorable customer experiences that drive conversion, revenue, and loyalty. Use simple verb tenses (past, present, and future) Use active voice. Use articles such as a/an and the wherever possible. Make instructions as specific as possible. Gal Fontyn, Syte’s vice president of marketing, told TechCrunch that it differentiates with visual AI algorithms developed by co-founder and chief technology officer Helge Voss, who previously worked as a physicist at CERN (the European Organization for Nuclear Research). Easy Logics Technology is a Software for Managing Committees & Property Managers, GST Compliant Society Accounting Software for Accountants & Auditors on a seamlessly integrated platform. From ideation to production through to optimization, Lectra develops premium solutions and technologies for fashion, automotive and furniture markets. Restrict paragraphs to no more than 6 sentences (in descriptive text) Avoid slang and jargon while allowing for specific terminology. Other startups in the same space that have raised venture capital funding include Donde Search, ViSenze and Slyce. (ISTI) is pioneering the development of distributed sensor networks for military, security and commercial applications. Today, STANLEY Access Technologies proudly manufactures, installs, and services sliding, swinging, folding, transit/metro, and revolving door systems. There is a roster of other companies that are also working on AI-based visual recognition and search technology for e-commerce. Since receiving a patent for the world’s first automatic door operator more than 80 years ago, STANLEY has led the industry with state-of-the-art manual and automatic door solutions. By simplifying the search process or automatically generating tags, visual recognition technology can help improve search results and product recommendations, resulting in more conversions. Impacting healthcare through digital technology We build Digital Health products with the largest global pharmaceutical, med-tech and insurance companies. More social media platforms and e-commerce platforms - including Amazon, Target, IKEA, Walmart, eBay, Snap and Pinterest - are using visual search and recognition technology to give users an alternative to keyword searches. In the company’s press announcement, chief executive officer and co-founder Ofer Fryman said Syte will focus on developing or acquiring product discovery technology “spanning the full range of our senses-visual, text, voice, and more” to create types of personalized recommendations.Ī lot of Syte’s current customers are in Europe, the Middle East and Africa, so its new funding is also earmarked to increase its presence in the U.S.
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