On October 19, Retail Systems Awards 2020 announced the winners of all twenty-one nominations in the 15th event edition. UK-based Retail Systems Awards celebrate excellence and innovation in the retail sector and showcase the industry’s best and brightest companies. Every year, the industry experts recognize the best tech solutions helping retailers that operate in the UK and EMEA region. 

Earlier this year, Competera was shortlisted in the two nominations - Omnichannel Technology Vendor of the Year and Artificial Intelligence Project of the Year. The company was nominated for the case with one of the largest apparel and footwear retailers in Eastern Europe. Competera’s solution helped Intertop to make the right pricing decisions, ensure a rewarding customer experience, and hit their financial goals by using the innovative power of neural networks

"We are extremely proud to be recognized as the best artificial intelligence project of the year. The solution helped the retailer to hit the stock level with the maximum possible margin. And I believe it might be a good showcase for those players that are still doubting whether they can rely on AI-driven recommendations in the time of economic turbulence," comments Competera CEO Alex Galkin.     

This year, Competera was also recognized as the best retail software by Crozdesk's Retail Software Buyer Guide 2020. Also, Competera was named a High Performer by the world’s largest tech marketplace G2 Crowd for the second year in a row and has won two awards from SoftwareSuggest.