CleverSet Named as Finalist in 2007 American Business Awards
CleverSet chosen as finalist for "Most Innovative Company" from among more than 2,000 nationwide entries in the 5th Annual Stevie® Awards
Seattle, WA (PRWEB) May 23, 2007 -- CleverSet, the leading provider of personalized recommendations for eCommerce companies, today announced that it has been named a finalist in the "Most Innovative Company" category in the The 2007 American Business Awards. Hailed as "the business world's own Oscars", The American Business Awards are the only national, all-encompassing awards program honoring great performances in business.
"We are honored to have been chosen as a finalist for 'most innovative company' in the highly-competitive and well-respected American Business Awards. We are excited that CleverSet's revolutionary online retail technology has received this outstanding recognition," said Todd Humphrey. "We are committed to using our scientific innovation to help world-class retailers increase sales and boost customer satisfaction by creating truly personalized shopping experiences."
More than 2,000 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service and Best Corporate Social Responsibility Program. CleverSet will be competing in the Most Innovative Company category for companies under 100 employees. Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners this week from among Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.
Stevie Award winners will be announced during the annual gala on Monday, June 11 at the Marriott Marquis Hotel in New York City. More than 700 executives from across the U.S.A. are expected to attend. The ceremonies will be videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore of TV's The Daily Show with Jon Stewart.
"Being named a Finalist in The American Business Awards is an important achievement," said Michael Gallagher, founder and president of The Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."
CleverSet's powerful platform uses cutting-edge Statistical Relational Learning (SRL) technology that analyzes the relationships between data from multiple sources - including clickstream data, stored customer information, product catalog details and purchase history - to actually predict what a customer is likely to buy next. These real-time recommendations reflect an individual shopper's current interests at each moment of the shopping experience - not products they liked on a previous shopping trip or products that other people recently purchased. Already used by over 70 eCommerce companies such as Wine Enthusiast and Overstock.com Auctions, CleverSet allows retailers to entice online shoppers with relevant and appealing items they might not have otherwise seen, creating a more personalized shopping experience and resulting in revenue lift per user per session of 20% or more.
Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.
About CleverSet
CleverSet helps eCommerce companies significantly increase their revenues by enabling truly personalized shopping experiences to each and every online shopper. The most powerful solution in market today, CleverSet's recommendations service helps companies entice online shoppers with relevant and personally appealing items they might not have otherwise seen, improving each customer's experience and ultimately lifting conversion rates and revenue-per-visitor. CleverSet's easy-to-deploy recommendations service can be operational within hours and begins improving customers' business results immediately. CleverSet currently powers merchandise recommendations for more than 70 websites, including Overstock.com Auctions, The Alpineer, Paradise Pen Company, Awinestore.com, Denverfabrics.com, and 80sTees.com. CleverSet is located in Seattle, Washington, and Corvallis, Oregon. For more information about CleverSet and the market-leading business results delivered by its e-commerce personalization technology, please visit http://www.cleverset.com or call 1-206-965-8735.
About The Stevie Awards
Hailed as "the business world's own Oscars," Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
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