Pixyle.ai named 2023 Top 100 Tech Company
Market intelligence platform CB Insights included Amsterdam-based Pixyle.ai in its list of Top 100 Tech Companies of 2023. The tech startup's algorithm provides e-commerce companies with advanced image analysis to enable a smarter online shopping experience.
AI that automates a better customer experience
CB Insights Retail Tech 100 is an annual list of the most promising retail tech startups around the world based on several factors including business momentum, market potential, and investor quality. Amsterdam-founded Pixyle.ai made the list with an advanced visual AI tagging solution that helps fashion retailers improve efficiency and enhance the customer experience.
Trained on neutral networks, Pixyle.ai’s algorithm interprets images the same way a human would. Using advanced visual AI, the technology can identify product features to generate rich tags, similar recommendations, and enable visual search. By replacing these manual entry tasks, Pixyle.ai helps reatilers improve catalogue management and smart data entry to optimise their customer experiences and boost online sales.
Rooted in Amsterdam, branching out globally
The company's image recognition solutions are already in use by major global retailers including Sephora, Macy's, and L'Oreal. With its inclusion on the Top 100 list, the company is bolstered to continue innovating in the fashion retail space.
Amsterdam’s connected business community and thriving startup ecosystem makes it a great place to start and grow a business – especially in the field of artificial intelligence. Pixyle.ai's founder and CEO Svetlana Kordumova, a PhD graduate of the UvA herself, sees the collaboration between knowledge institutions and business resources as one of the city’s greatest strengths.
“The PhD graduates that come out of the universities in Amsterdam are a great resource for tech talent of data scientists. It's on a par with the world’s leading universities in terms of AI research and scientific achievements. They are winning on video and image search benchmarks with their research in AI, and this kind of technology will lead the next wave of AI startups."