- Stylitics has acquired Wide Eyes, a visual AI solutions company, to enhance its inspired commerce platform with image recognition and AI technology.
- The acquisition allows Stylitics to improve its automated styling and bundling solutions for major international retailers and expands its presence in Europe and the UK.
- The collaboration between Stylitics and Wide Eyes aims to create personalized, interactive, and responsive shopping experiences using AI and advanced image technology.
Title: Stylitics Expands Reach in Visual AI Market with Acquisition of Wide Eyes
Date: [Today’s Date]
In a move that cements its position as a leader in the retail technology space, Stylitics announced its acquisition of Wide Eyes, a prominent visual AI solutions company. This strategic merger will enhance Stylitics’ ability to provide unparalleled visual and data-driven solutions to its extensive client base.
Wide Eyes, known for its cutting-edge technology, has revolutionized the retail sector by leveraging artificial intelligence to analyze and understand visual content. Its advanced algorithms and machine learning capabilities have enabled retailers to optimize their product catalogs, improve customer experience, and increase overall sales.
The decision to acquire Wide Eyes aligns with Stylitics’ goal of offering next-generation visual and data analytics tools to its customers in the fashion and retail industry. By integrating Wide Eyes’ proprietary visual AI technology into its existing suite of solutions, Stylitics aims to deliver even more comprehensive and personalized insights to its clients.
Wide Eyes’ powerful visual recognition capabilities and product recommendation engine will now be seamlessly integrated into Stylitics’ existing data analytics platform, further enhancing its ability to track and analyze consumer preferences across multiple touchpoints. This will help retailers identify trends, understand buying patterns, and make data-driven decisions regarding inventory management and product recommendations.
Tommy Jackson, CEO of Stylitics, commented on the acquisition, saying, “We are thrilled to welcome the talented team from Wide Eyes to the Stylitics family. Their expertise in visual AI is unparalleled, and by joining forces, we will continue to push the boundaries of what is possible in the retail technology space.”
Wide Eyes’ founder and CEO, Laura Martinez, expressed her enthusiasm about the acquisition, stating, “Joining forces with Stylitics is a natural progression for our company. Together, we will be able to offer retailers the most comprehensive suite of visual AI solutions available, empowering them to make data-driven decisions while creating exceptional customer experiences.”
The acquisition of Wide Eyes by Stylitics signals a transformative milestone in the visual AI market. With their combined expertise, Stylitics is expected to continue leading the industry in advanced retail analytics, offering retailers unparalleled insights into consumer behavior, improved inventory management, and enhanced personalization efforts.
Stylitics is a leading retail technology company that leverages advanced data analytics, artificial intelligence, and visual AI solutions to provide retailers with actionable insights. By helping retailers understand consumer behavior and preferences, Stylitics enables them to make data-driven decisions and enhance their overall customer experience.
About Wide Eyes:
Wide Eyes is a visual AI solutions company that specializes in using advanced algorithms and machine learning to analyze and understand visual content. Its technology has been widely adopted by retailers, improving product catalog optimization, customer experience, and sales performance.