Helsinki/Malmö, 7 November 2014 – Nosto Solutions, the fastest-growing personalization solution in the world was recognized as Supplier of the Year 2014 on Wednesday, November 5th at the Nordic eCommerce Awards ceremony. The event was held at in conjunction with the leading international e-commerce and tech event in Scandinavia, the Nordic eCommerce Summit in Malmö, Sweden.
Nosto has lowered the barrier to adoption in the personalization technology space by allowing enterprise-level personalization features to be implemented on any online store with a simple plug and play implementation. This enables any online retailer – irrespective of size, platform or technical expertise – for the first time to benefit from personalization technology, which has until now been out of their reach.
“We are extremely excited to receive the award of Supplier of the Year 2014. Nosto represents the new wave of Finnish tech and eCommerce excellence, and we look forward to continuing to contribute innovations within the field of eCommerce while fulfilling the mission of making online shopping more enjoyable by delivering customers personalized shopping experiences.” says Juha Valvanne, Founder CEO of Nosto Solutions.
As of November 2014, over 2000 online retailers globally are using Nosto’s recommendation engine to boost online sales with personalized product recommendations, triggered emails and real-time analytics – increasing conversion and online sales as a result.
What’s more the solution provider is trusted by global brand such as Lush, Bauhaus, THE ICONIC and Björn Borg, and is reported to increase on average the conversion rate of end customers clicking on its recommendations by 65% and average order value by 25%.
Being awarded Supplier of the Year 2014 follows Nosto’s recent global platform partnership with the industry-leading commerce platform Shopify, and a significant funding round of $5.5 million this summer.
For more information
Head of Marketing, Nosto
Nosto Solutions Ltd is an e-commerce software company providing a SaaS solution that transforms online shops from one-size-fits-all offerings to relevant, personalized experiences, updated dynamically and in real-time. Nosto tracks visitor behavior in online stores enabling merchants to tailor shopping experiences with automatic product recommendations based on individual behavioral data.
Founded in Helsinki in 2011, the company operates from offices in Berlin, London and Stockholm currently powering 2000+ online stores in over 60 countries. For more information please visit www.nosto.com
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