logo
Matas Extends Partnership with Algonomy to Power Personalized Recommendations for Kicks

Matas Extends Partnership with Algonomy to Power Personalized Recommendations for Kicks

Yahoo09-04-2025

COPENHAGEN, Denmark, April 9, 2025 /PRNewswire/ -- Algonomy, a pioneer in AI-driven personalization and customer engagement solutions, is thrilled to announce its expanded partnership with Matas, Denmark's leading beauty and wellness retailer. Matas has signed its Swedish brand, Kicks, to leverage Algonomy's Recommend™ solution, building on a successful seven-year collaboration.
Matas has been using Recommend™ to deliver personalized product recommendations across its digital platforms, driving higher engagement and conversion rates. With the addition of Kicks, a prominent beauty and wellness retailer in Sweden, Recommend™ will help Kicks deliver tailored product suggestions to its customers, enhancing their shopping experience.
Recommend™ is an AI-powered platform that leverages machine-learning models to make contextually relevant product recommendations across all touchpoints in the customer journey, including web, app, email, social, SMS, and even in-store. Businesses can apply pre-built algorithms, configure custom models, and fine-tune recommendations through merchandising rules, personalization, and continuous optimization.
Peter Hestbæk, SVP of Digital Sales & Marketing at Matas, shared, "Algonomy's Recommend™ solution has been instrumental in helping us deliver personalized experiences to our customers. The platform's ability to analyze customer behavior and deliver relevant recommendations has significantly boosted our engagement and sales. We are excited to extend this partnership to Kicks and provide the same level of personalized service to our Swedish customers."
Manoj Agarwal, Chief Operating Officer at Algonomy, commented, "Our partnership with Matas has been a testament to the power of personalization in driving customer engagement and loyalty. We are thrilled to extend this collaboration to Kicks, a brand that shares Matas' dedication to delivering exceptional customer experiences. With Algonomy's Recommend™ solution, Kicks will be able to offer its customers highly relevant and personalized recommendations, further solidifying its position as a leader in the Swedish beauty and wellness market."
About Algonomy
Algonomy helps consumer businesses maximize customer value by automating decisioning across their retail business lifecycle, with AI-enabled solutions for eCommerce, Marketing, Merchandising, and Supply Chain. Algonomy is a trusted partner to more than 400 leading brands, with a global presence spanning over 20 countries. Our innovations have garnered recognition from top industry analysts such as Gartner and Forrester.
More at www.algonomy.com.
About Matas
Matas is Denmark's leading beauty and wellness retailer, offering a wide range of products in beauty, health, and personal care. With a commitment to innovation and customer satisfaction, Matas continues to set the standard for retail excellence in the region.
About Kicks
Kicks is a leading beauty and wellness retailer in Sweden, offering a curated selection of beauty, health, and personal care products. With a focus on customer experience, Kicks is dedicated to helping customers look and feel their best.
Photo: https://mma.prnewswire.com/media/2660904/Matas_Algonomy.jpgLogo: https://mma.prnewswire.com/media/2660903/Algonomy_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/matas-extends-partnership-with-algonomy-to-power-personalized-recommendations-for-kicks-302424413.html
SOURCE Algonomy

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Veidekke and subsidiary secure $105m Swedish defence facility project
Veidekke and subsidiary secure $105m Swedish defence facility project

Yahoo

time14 hours ago

  • Yahoo

Veidekke and subsidiary secure $105m Swedish defence facility project

Scandinavian contractor Veidekke and its subsidiary Veitech have received a contract to undertake construction and installation work for one of the Swedish Fortifications Agency's facilities in eastern Sweden. The Skr1bn ($105.2m) contract is to be registered in the company's order book for the second quarter of 2025 (Q2 2025). This project will begin production in Q2, with completion due by the first quarter of 2028. Veitech focuses on installation and related technology for buildings and civil engineering structures. The Swedish Fortifications Agency is responsible for the ownership, development, and management of properties that are integral to the national defence system. Veidekke operates in the construction sector while also engaging in road maintenance and the production of asphalt and aggregates. The company has an annual turnover of around Nkr41bn ($4.1bn) and a workforce of 8,000, half of whom are shareholders. Veidekke was awarded another contract last month by Statsbygg for the establishment of the new Institute of Materials Science and Engineering at the Norwegian University of Science and Technology (NTNU) in Trondheim. Spanning 13,200m² over ten floors, the facility will become a hub for over 200 NTNU employees, SINTEF Industri, external partners, and more than 300 students. Earlier this year, Veidekke secured a contract from the Swedish Transport Administration for the reconstruction of the Muggebo-Tjos section of the E20 road past Mariestad. This project entails rebuilding a 12km stretch of the E20 and adding a new bypass around Mariestad, with an expected completion date in late 2028. "Veidekke and subsidiary secure $105m Swedish defence facility project" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Germany's DMK dairy giant clears first hurdle in Arla merger plan
Germany's DMK dairy giant clears first hurdle in Arla merger plan

Yahoo

time17 hours ago

  • Yahoo

Germany's DMK dairy giant clears first hurdle in Arla merger plan

Germany's DMK Group and the Danish-Swedish giant Arla Foods have cleared the first hurdle on their way to becoming Europe's largest dairy co-operative. Farmers from both organizations agreed to a planned merger with large majorities at separate meetings, the companies announced on Wednesday. At DMK, more than 200 dairy farmers met in the northern German city of Hanover to vote on the merger plans, which were announced in April. The EU's competition authority must now give its approval, a process that could take until next March, DMK said. Until then, the two organizations will continue to operate separately. According to a DMK spokeswoman, the merger would bring together more than 12,000 farmers in a joint co-operative, to be named Arla. This would include around 4,600 farmers from DMK in Germany and the Netherlands, and some 7,600 from Arla in Denmark, Sweden, the United Kingdom, Germany, Belgium, Luxembourg and the Netherlands. DMK has its headquarters in Zeven in the northern German state of Lower Saxony, while its administration is based in Bremen. Arla is based in the Danish town of Viby, which is also set to be the future headquarters of the merged company. Together, the two co-operatives have an annual turnover of almost €19 billion ($22 billion) and around 28,700 employees. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

ISG to Study Providers of Strategic Insurance Services
ISG to Study Providers of Strategic Insurance Services

Business Wire

time19 hours ago

  • Business Wire

ISG to Study Providers of Strategic Insurance Services

STAMFORD, Conn.--(BUSINESS WIRE)--Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched four research studies examining providers of services that address the complex needs of insurance enterprises. Insurance enterprises are navigating digital transformation, embracing advancements in AI and digital engineering. Providers foster these capabilities, ensuring that companies are equipped to thrive in a rapidly changing environment. Share The study results will be published in four ISG Provider Lens™ reports: Insurance Global Capability Centers (GCCs) by Service Providers, Insurance GenAI and Agentic AI Services, Insurance Services Specialists and Insurance Digital Engineering Services. The reports are scheduled to be released in November 2025. Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm's buy-side clients. The insurance services ecosystem is evolving to address demands for streamlined processes, enhanced customer interactions and greater adaptability. Insurance companies increasingly use GCCs as essential hubs to boost operational efficiency. The integration of advanced AI technologies, such as generative AI and agentic AI, has become crucial for enhancing customer experience and operational resilience. Enterprises are seeking insurance services specialists to address skills gaps through tailored solutions. At the same time, digital engineering is transforming the industry by streamlining design-to-execution processes. 'Insurance enterprises are navigating a steep landscape of digital transformation, embracing advancements in AI and digital engineering,' said Iain Fisher, director at ISG. 'Providers play a crucial role in fostering these capabilities, ensuring that companies are equipped to thrive in a rapidly changing environment.' ISG has distributed surveys to more than 100 providers for the four studies. Working in collaboration with ISG's global advisors, the research team will produce four reports, each with one or more quadrants representing the strategic services insurance enterprises are buying, based on ISG's experience working with its clients. The four reports are: Insurance Global Capability Centers (GCCs) by Service Providers: This report will cover providers offering services for GCC setup, optimization and transformation. It will include one quadrant: Insurance GCC CaaS: Setup-Run-Optimize-Transform-Transfe r, evaluating providers that use a capability-as-a-service (CaaS) approach to support GCC setup and operation from end to end. These providers enable streamlined GCC operations, offer frameworks for continuous improvement using Lean and Six Sigma methodologies and align GCC capabilities with industry trends and organizational goals. Insurance GenAI and Agentic AI Services: This report will explore GenAI and agentic AI development and deployment services. It will include two quadrants: GenAI — Development and Deployment Service s, assessing providers that deliver end-to-end solutions from proofs of concept to full-scale GenAI implementation, including continuous monitoring and management. Providers are evaluated on their ability to deliver tailored cloud infrastructure and optimize resources for efficient model training and deployment. Agentic AI — Development and Deployment Service s, covering providers that specialize in delivering autonomous AI solutions capable of planning, executing and refining tasks with minimal human input. They employ agentic AI, which autonomously orchestrates tasks and performs self-corrections, to optimize insurance workflows and processes. Insurance Services Specialists: The report will assess companies delivering specialized services for life and retirement (L&R) and property and casualty (P&C) insurance operations and insurance ITO. It will include three quadrants: Life and Retirement (L&R) Insurance Services Specialists, evaluating providers that offer L&R insurance operations outsourcing. These providers utilize intelligent automation, analytics and AI to enhance speed, cost efficiency and accuracy while supporting various operations across the L&R lifecycle. Property and Casualty (P&C) Insurance Services Specialists, assessing providers that specialize in P&C insurance operations outsourcing, including consulting and managed services. These providers enhance operations by delivering speed, cost savings and accuracy, focusing on modernizing services and improving customer management and technology enablement in each functional area. Insurance ITO Services Specialists, covering ITO providers that offer traditional and modern digital services. These providers are assessed based on their ongoing or implemented technology support and business transformation programs across the insurance value chain. Insurance Digital Engineering Services: This report will assess providers of digital engineering services to insurance companies. It will include one quadrant: Insurance Digital Engineering Services, evaluating providers that deliver integrated hardware and software for data-driven product development and feature augmentation services. These providers increasingly use industrial automation, GenAI and agentic AI to support insurance companies from product design to execution. The reports will cover the global strategic insurance services market and examine products and services available globally. ISG analysts Ashish Jhajharia and Sandhya Hari Navage will serve as authors of the reports. A list of identified providers and vendors and further details on the studies are available in this digital brochure. Companies not listed as strategic insurance services providers can contact ISG and ask to be included in the study. All 2025 ISG Provider Lens™ evaluations feature expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG's continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to complete this online survey. Participants will receive a copy of this report in return for their feedback. About ISG Provider Lens™ Research The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store