Bridgeline Digital Inc (NASDAQ:BLIN) announced the launch of its HawkSearch AI product Smart Search which has brought in five new license sales worth more than $60,000 in annual recurring revenue since the product was released last month.
The company said the Smart Search product uses AI algorithms, vector databases, natural language processing and large language models to provide intuitive and accurate search results.
It allows customers to find products through concept search, with the technology identifying the intent behind search terms to provide accurate results even from ambiguous queries.
It also supports image-based search, Bridgeline said.
The product has earned praise from one of its early adopters, AIC Millworks. “HawkSearch had the most solid product offering in the market… The upcoming Concept and Image Search features particularly won me over,” AIC Millworks commented.
Bridgeline CEO Ari Kahn said that the company was launching a campaign to reach out to hundreds of its customers to promote Smart Search’s benefits.
“Bridgeline believes all of its HawkSearch customers will benefit from Smart Search,” Kahn said.
Bridgeline helps companies grow online revenue by increasing traffic, conversion rates, and average order value.