Dexi’s AI-enabled Omnichannel Web Data to Power Engage3’s Price Image Management (PIM) Suite
DAVIS, Calif., Aug. 4, 2022 /PRNewswire-PRWeb/ — Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced the acquisition of Dexi.io, the leading provider of AI-enabled web data collection.
Dexi is the global leader in enterprise-grade online data collection. Dexi’s SaaS cloud-based data extraction platform further enhances the volume, efficiency, and uptime of Engage3’s competitive price collection, allowing brands and retailers to access additional data points and expand product linking. The acquisition pairs Dexi’s best-in-class data collection with Engage3’s revolutionary Price Image Management suite to offer unmatched value for organizations seeking to improve competitive pricing strategies and optimize their Price Image.
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“Thanks to inflation and market volatility, the need for complete and reliable market data is more urgent than ever,” said Edris Bemanian, Engage3 CEO. “In our search for a data partner, we vetted more than 20 companies; Dexi outperformed the rest of the field by 282 percent. We’re speaking objectively when we say Engage3 powered by Dexi is the world’s best competitive intelligence solution for brands and retailers and brings us many steps closer to transforming the way products are bought and sold through personalized pricing.”
More from Engage3:
Engage3 Raises $35M Series D
Engage3 Launches Comprehensive Price Tracking for Convenience Retailers
IDC & Retail Today recognize Engage3 as a Price Optimization Leader
“Dexi is the leader in enterprise web data thanks to our commitment to innovation and our proven ability to win the web scraping arms race,” said Jacob Laurvigen, Dexi CEO and Co-Founder. “We’re using AI and machine learning to push the limits of what’s possible. Brands and retailers will be amazed at the reliability, accuracy, and diversity of insights Engage3 Powered by Dexi will deliver.”
Engage3 Powered by Dexi serves more than 300 customers in 182 countries, supporting the retailers and brands that represent $2 trillion in annual revenue. The combined team numbers over 250, with headquarters in Davis, California, and 6 additional offices around the world, including the United Kingdom, Denmark, and Albania. Engage3 supports 6 of the top 10 retailers in the world and many of the world’s fastest-growing companies including ¼ of the INC. 5000. Click here to schedule a free assessment of your competitive strategy and take the next steps on your pricing journey.
About Engage3 Powered By Dexi
Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize the way brands and retailers engage with shoppers. Engage3 provides the industry’s most comprehensive omnichannel intelligence solution, combining best-in-class AI-enabled web crawls, professional in-store audits, and self-serve in-store and online data collection into a single source of truth. Leveraging advanced algorithms and the Nobel Prize-winning Efficient Frontier theory, Engage3 helps retailers and brands track and optimize their Price Image to accelerate revenue growth, drive incremental store trips, and increase margins.
Engage3 serves more than 300 customers in 182 countries, supporting $2 trillion in global retail revenue. Engage3’s leadership team is composed of former executives from KhiMetrics, Mozenda, SAP, Revionics, dunnhumby, KSS Retail, IBM/DemandTec, and Nielsen. Engage3 is headquartered in Davis, California with 6 additional offices around the world.
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JULIAN GREEN, Engage3, 916-837-6767, jgreen@engage3.com
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SOURCE Engage3
