Daisy Intelligence Named as One of Toronto’s Leading Start-ups

Daisy Intelligence Named as One of Toronto’s Leading Start-ups

AI-powered technology is disrupting grocery and insurance sectors (Toronto, ON, Dec. 12, 2018) – As Daisy Intelligence establishes itself as one of Canada’s leading artificial intelligence start-ups, it is excited to be named to the Toronto 50. Toronto 50 puts the spotlight on 50 tech companies to watch in Toronto and the surrounding region. The list includes companies focused on “socially beneficial” verticals such as A.I., health, cleantech and technologies impacting the future of work and commerce. “As Toronto emerges as the world’s leading hubs for A.I. and machine learning, it’s rewarding to see Daisy’s brand profile expand. What we’re doing for retailers and insurance companies is disruptive and, as important, helps them generate stronger financial results by leveraging the power of A.I.” As part of Toronto 50, Daisy was also named as one of three local companies leveraging A.I. and data to disrupt marketing. Daisy’s inclusion within the Toronto 50 is the company’s latest accolade. In September, Daisy beat out 15 other companies to capture first place at the ElevateR: Pitch: AI Edition. The prize was $5-million in funding from Espresso Capital. Earlier this year, Daisy was recognized as the “Best Start-up” at the 2018 Alconics awards, which celebrates A.I. for business. Gartner Inc. also named Daisy as a “Cool Vendor in AI for Retail”. – 30 – For more information, contact Cristina Yulo at 905-642.2629 ext. 306 or contact@daisyintel.com. About Daisy Daisy Intelligence delivers AI-powered decisions that allows companies to generate significantly higher profits. Our technology combines the power of math and science to analyze 100% of your what your customers are telling you through their purchases....
Harps Food Stores Successfully Implement Daisy Intelligence A.I.-Powered Platform

Harps Food Stores Successfully Implement Daisy Intelligence A.I.-Powered Platform

Grocery Chain Tapped A.I. Provider to Support Merchandising Decisions Involving Promotions and Pricing January 22, 2018, TORONTO ON – Daisy Intelligence Corporation, an artificial intelligence software-as-a-service company, announced today that Harps Food Stores, Inc., based in Springdale, Arkansas, has successfully implemented the company’s A.I. (artificial intelligence) platform to improve and optimize decision-making around pricing and promotions. Harps launched the partnership with Daisy Intelligence in early 2017, when Daisy Intelligence began working with the 87-store grocery chain to analyze years of collected transactional information to provide specific, actionable product and marketing recommendations to optimize Harp’s chain-wide pricing and promotional efforts. To put it simply, Harp’s chose Daisy Intelligence solution to analyze data to “review which products should be featured in its frequent circulars.” “We use Daisy Intelligence solution to analyze customer transactions and track the relationship between every item in every customer’s basket,” said David Ganoung, Vice-President of Marketing at Harps. “Daisy’s ability to provide us with the associated sales on every item within the individual transactions helps us to promote the items most pertinent to our customers.” According to an article in the Wall Street Journal, “Why the Weekly Circular Refuses to Die (Link Paywall),” (January 11, 2018) David Ganoung, Vice-President of Marketing at Harps spoke to the importance of getting the pricing and promotions right. “Our print circular is our largest advertising expense and you want to be as efficient as you can,” he commented for the piece. “Daisy’s A.I. enables us to analyze Harp’s transactional data on a giant scale, and as a result, this significant improvement in promotional effectiveness supports our ability to meet the needs...
Daisy Intelligence 2017 Year-in-Review

Daisy Intelligence 2017 Year-in-Review

AI Propels Transformation in Regional Grocers December 30, 2017, TORONTO ON – Daisy Intelligence Corporation, an artificial intelligence (“AI”) software-as-a-service platform, announced several key company results and milestones for 2017: Revenue increased by 300% over 2016 40% increase in employee headcount – not including a host of new postings for 2018 Added 8 new clients – currently over 16 retailers using Daisy’s Artificial Intelligence technology to power promotion and pricing optimization. “Daisy’s strong growth in 2017 is a reflection of the retail industry’s adoption of artificial intelligence because of it’s ability to go beyond traditional predictive analytics tool to assist in making better promotional, pricing and demand forecasting decisions” said Gary Saarenvirta, CEO of Daisy Intelligence. “As we predicted, 2017 was the tipping point for AI in retail. 2018 will be a year of momentum as retailers, like Earth Fare and others, continue to make real headway in expanding profit margins through the use of AI” Other highlights: In June, Daisy Intelligence participated in the Arrell Food Institute of the University of Guelph’s case study, “Bringing artificial intelligence to the retail end of the food value chain.” The paper, available to download here, examined the impact of AI on promotional, pricing, and inventory decisions in the grocery industry. In July, the company was the subject of a case study released by The Center for Advancing Retail & Technology (CART), “I. Powered Promotion Optimization – Brick & Mortar’s answer to leveraging data.” The case study, available to download here, cites how Earth Fare, the North Carolina-based authentic specialty organic and natural foods grocery chain, used Daisy Intelligence’s AI-powered promotion optimization solution over...
Daisy Intelligence Invites Grocery Merchandisers to Learn How to Leverage AI-Powered Promotions

Daisy Intelligence Invites Grocery Merchandisers to Learn How to Leverage AI-Powered Promotions

  Free webinar “AI-Powered Promotions for Grocers” featuring the CEO of Earth Fare® and hosted by The Center for Advancing Retail & Technology (CART) and Grocery Business Magazine  December 13, 2017: 2 pm EST / 1 pm CST / 11 am PST Speakers from Earth Fare®, Daisy Intelligence, CART, will share real-world tactical advice for deploying Artificial Intelligence to increase top-line sales – without increasing promotional costs. Toronto, ON – Nov. 30, 2017 – Daisy Intelligence Corporation, an artificial intelligence software-as-a-service company focused on helping retailers improve promotional planning and pricing decisions, today announced a free webinar – “AI-Powered Promotions For Grocers”- scheduled for Wednesday, December 13, 2017,  2:00 EST/ 1:00 PM CST / 11:00 AM PST In the high-volume, low-margin supermarket industry, where even slight improvements can deliver considerable increases to bottom line profitability, AI-powered promotion optimization is nothing short of transformative. Founded in 1975 in Asheville, North Carolina, Earth Fare is one of the largest natural and organic food retailers in the country, with 43 locations across 9 states in the Southeast, mid-Atlantic and Midwest. The one-hour session will examine Earth Fare’s collaboration with Daisy Intelligence and journey to engage artificial intelligence to support their merchandising decision making. All registrants will receive a link to the recorded webinar after the broadcast. Speakers: Frank Scorpiniti, President and CEO, Earth Fare. Scorpiniti will share insights from Earth Fare’s deployment of Daisy Intelligence’s AI solution which enabled significant improvements in top line sales through more optimized decision-making and promotions. Gary Saarenvirta, CEO, Daisy Intelligence. Gary is a retail technology expert and artificial intelligence evangelist. Gary will discuss how AI is being applied in...
Prime Minister Trudeau meets Daisy

Prime Minister Trudeau meets Daisy

Prime Minister Justin Trudeau met with Gary Saarenvirta, CEO of Daisy Intelligence today at the Creative Destruction Lab’s “Machine Learning and the Market for Intelligence” conference  at the Rotman School of Management at the University of Toronto. Daisy is demonstrating its AI-Powered Retail Optimization modules at the conference dedicated to early stage AI innovators working on technology and business models that promise a chance of delivering massive improvements to economic productivity and human welfare. The Prime Minister learned how Daisy is improving the decision making process at some of the largest retailers in North America using Daisy’s AI simulation engine to make more effective marketing decisions.  ...