Relationship Aims to Drive AI Innovation and Operational
Efficiency in Retail and Consumer Goods
NEW
YORK, Aug. 6, 2024 /PRNewswire/ -- Harmonya, the
AI-powered product data enrichment, insights, and attribution
management platform for CPG retailers and brands, today announced
its selection for the Microsoft for Startups Pegasus Program. The
selection to join the program is set to accelerate Harmonya's
growth and innovation through access to Microsoft's vast resources
and expansive customer networks. Harmonya will help Microsoft Azure
OpenAI Service customers accelerate their adoption of AI by
addressing specific CPG and Retail use cases and solving critical
sector challenges.
Harmonya today announced its selection for
the Microsoft for Startups Pegasus Program.
"We are thrilled to join the Microsoft for Startups Pegasus
Program," said Cem Kent, CEO and
Co-Founder of Harmonya. "This represents a significant milestone
for Harmonya. With the support of Microsoft, we are poised to
enhance our AI-driven platform and deliver even greater value to
our customers. By using Microsoft Azure OpenAI Service our
customers can seamlessly adopt AI-centric CPG and Retail solutions
that drive their business forward."
The Microsoft for Startups Pegasus Program is designed to
support high-potential startups by accelerating technological
developments and market adoption. By joining this program, Harmonya
will enhance its AI-driven platforms, enabling seamless integration
of diverse data sources to deliver actionable business insights
through Microsoft's platforms.
By using Azure OpenAI Service, Harmonya aims to further enhance
its capabilities, delivering robust, scalable, and secure solutions
that drive ongoing operational efficiency and strategic
decision-making. "Our relationship with Microsoft will enable us to
push the boundaries of what's possible in generative AI," said
Dima Machlin, CTO and Co-Founder of
Harmonya. "Thanks to the Microsoft for Startups Pegasus Program, we
have the support we need to fully utilize Microsoft Azure AI
Studio. This increases trust with our customers by keeping their
data in Azure and allows us to scale our AI models that offer
accuracy and speed while transforming their data into valuable
insights that power business growth."
"Harmonya's approach to AI-powered insights and attribution
aligns with our vision for the future of AI in enterprise
solutions," said Tom Davis, Partner
at Microsoft for Startups. "We look forward to supporting their
mission to transform how CPG and Retail enterprises unlock growth
through differentiated utilization of industry data combined with
AI."
In addition to providing consumer-centric product attributes,
Harmonya's attribution platform employs advanced AI and machine
learning algorithms to continuously streamline and automate the
data harmonization and analysis processes. This significantly
reduces the time and effort required to manage data from multiple
internal and external sources and eliminates errors associated with
legacy manual processes. The ability to collaborate with customers
in their native cloud platform will streamline the process for
mutual customers of Harmonya and Microsoft to maximize the value
from their product data investments.
About Harmonya
Harmonya is pioneering AI-powered
product data enrichment, insights, and attribution management,
changing the way businesses understand their products and
customers. With a focus on transforming static product data into
dynamic assets, Harmonya proudly serves Fortune 500 CPGs and
retailers, including 5 of the Top 10 global CPG companies. Harmonya
boasts an expansive database encompassing over 20 million products
across more than 100,000 brands from hundreds of categories,
representing over $500 billion in
annual sales. Based in New York
and with an office in Tel Aviv,
Harmonya is committed to unlocking deeper product insights, thereby
empowering businesses to forge new paths forward. Learn more about
our transformative approach at www.harmonya.com.
For more details on this announcement and to learn more about
the Microsoft Pegasus Program, visit:
https://www.microsoft.com/en-us/startups/pegasus.
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SOURCE Harmonya