ADA Acquires Algonomy for Retail AI Decisioning
ADA has completed its acquisition of Algonomy, a retail AI decisioning company, the company announced in a press release.
The deal adds Algonomy's personalization, merchandising, and supply chain intelligence tools to ADA's intelligent growth platform. ADA said the combined business now reaches 34 markets across APAC, the United States, MENA, and Europe.
Algonomy serves more than 400 brands with AI systems for retail decisioning across commerce, marketing, merchandising, and supply chain operations.
After the acquisition, Algonomy customers will keep access to its products, solutions, and teams. The combined business will operate worldwide under the ADA brand.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Sep 20 Litera Brings Foundation Firm AI Search to ChatGPT Enterprise Sep 19 Collinson Funds Priority Pass AI and App Expansion Through £500 Million Program Sep 19 Disney Names Former Character.ai CEO as Its First CTO Sep 19 Anthropic Picks Accenture for AI Safety Testing Sep 19 Huawei Unveils Immersive Telepresence SystemMore from Funding
Sep 19 Mantic Raises $25 Million for AI Forecasting Sep 19 Vantora Secures More Than $100 Million From Silversmith Sep 19 I-care Acquires Amiral Technologies for Predictive Maintenance AI Sep 19 Pearson Acquires Internet Testing Systems Sep 19 Darkroom Acquires Shadow and Opens AI Marketing WorkspaceAI Funding Brief
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
ALKU Launches AI and Data Consulting Division
Alphio.AI Releases AI Investing Workspace for Stocks and Crypto
Decision Logic Opens Restaurant Data to ChatGPT, Claude and Gemini
Algorand Foundation Launches AC2 Protocol for AI Agent Signing Requests
Automation Anywhere Releases Agentic Procure-to-Pay Tool
Daily AI Brief: the AI news that matters, in your inbox.