Coveo Announces Participation in SCALE.ai Investment Supercluster in Canada

Quebec based, leading global AI platform provider will leverage machine learning across digital supply-chain experiences

QUEBEC, QUEBEC AND SAN FRANCISCO - FEBRUARY 16, 2018 - Coveo is proud to announce its inclusion in SCALE.AI (Supply Chains And Logistics Excellence.AI), a Canadian industry-led innovation consortium that has just been approved by the Canadian federal government as part its Innovation Superclusters initiative. The consortium has committed C$700 million in support of collaborative transformation projects for accelerating the development and early integration of next-generation AI-powered supply chains in the Canadian economy.

"Coveo is a crucial partner and was one of the early promoters in the SCALE.AI supercluster consortium." Said Hélène Desmarais, Co-Chair SCALE.AI. and Chairman of the Board and CEO, CEIM. "Coveo is one of Canada's leading growth companies promoting Canada's leadership in AI technologies globally, and Canadian supply-chains will greatly benefit from its technology to bolster their competitiveness." Recognized by the Gartner Group as one of the highest for execution and the furthest for innovation in the Magic Quadrant for Insight Engines 2017, Coveo was also named a leader in The Forrester Wave™: Cognitive Search and Knowledge Discovery Solutions, 2017.

Coveo delivers AI-powered search and personalized recommendations that help customers, dealers and suppliers become more self-sufficient and efficient in their dealings up and down the supply chain. Coveo's Machine Learning, intelligent search and analytics continuously improves content and recommendations by harnessing the behavioral patterns and journeys of people interacting with content, throughout the supply chain, proactively recommending relevant content that is likely to drive better business results across each customer-partner interaction. Coveo provides seamless integration with Microsoft, Salesforce and other demand and supply chain technology stacks to deliver personalization at scale.

"Coveo is proud of its significant commitment to invest in SCALE.AI. We were early believers in Helene and Louis' initiative to transform Canada's supply-chains with the deployment of artificial intelligence technology. In our view, it is one of the greatest initiatives that Canada can invest in, with the potential to fuel a true economic quantum leap across numerous industries. " said Louis Têtu, Chairman and CEO of Coveo Corporation.

Coveo customers include manufacturers like BRP, based in Valcourt, Quebec , who use Coveo to deliver the most relevant information to their dealers and distributors globally, across their lines of recreational brands, that include Ski-Doo, Sea-Doo and Can-Am. The Company is headquartered in Quebec City, with offices in Montreal, San Francisco and Amsterdam, and has over 300 employees solely focused on AI-search and recommendations engines.

About Coveo

Make business personal.

Coveo uses intelligent search and AI technologies to personalize every digital experience for customers, partners, dealers, and employees. Coveo combines unified content, unified interactions and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets effortless, efficient and content-rich. Coveo is also embedded in many leading business applications from vendors including Adobe, Microsoft, Salesforce, Sitecore, Xero and more. Coveo partners with the world’s largest enterprise technology players and has more than 1,500 activations in mid-to-large sized global organizations across multiple industries.