
Qubit, a leader in AI-powered personalization technology, was acquired by Coveo in October 2021 to accelerate geographic expansion and enhance the Coveo AI Relevance Platform. The combined solution leverages Coveo's AI expertise with Qubit's innovation in personalization for e-commerce and retail. The platform provides tools for merchandisers to easily deploy promotions, test effectiveness, and rapidly iterate. Key capabilities include personalized search, product and content recommendations, guided browsing, product listing page optimization, and A/B and multivariate testing. Machine learning models use real-time and historic customer data to create dynamic and custom journeys for each shopper. The combined offering features powerful, easy-to-use, no-code personalization tools that promise to boost revenue per visit by up to 15%. Clients include major retailers seeking to compete in the accelerating digital shift.
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