HIVERY has been named to Fast Company's prestigious annual list of the World’s Most Innovative Companies, alongside 540 other outstanding companies globally. This is a great honor!
HIVERY was selected due to our notable technical achievement in our algorithmic engine used in HIVERY Curate, which optimizes retail strategies through AI/machine learning and mixed integer programming (MIP). MIP is a mathematical problem-solving technique that solves complex retail assortment and space planning problems by considering custom merchandise constraints and set goals. HIVERY's engine applies a bottom-up approach to discover store and assortment relationships, providing granular, actionable store-level insights that were impossible before.
"We are revolutionizing the retail industry by empowering businesses to make informed decisions and transforming how global brands and retailers collaborate," said Jason Hosking, CEO & Co-Founder of HIVERY.
HIVERY is committed to ongoing innovation, as reflected in our Chief Product Officer, Ian Goodwin states: "Our goal is to leverage the power of generative A.I. to revolutionize category management practices by transforming how it's done."
Read the media release and see the list of companies here.
ABOUT FAST COMPANY
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com
HIVERY is a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions. These proprietary machine learning and applied mathematics algorithms were co-developed with Australia's national science agency - CSIRO's Data61. HIVERY was founded on the vision that Data Has A Better Idea™ - and we’re working with our clients to uncover its full potential. www.hivery.com