Baynote, Strands, RichRelevance — will they survive the “recommendation engine” consolidation?
With all the “recommendation” technology companies out there fighting for business, you’d think this is a tough market to be in.
By some counts, there are at least 50 to 100 active companies in this area.
But some companies, including Strands, and apparently Baynote, say they are making revenue from their technology, though they won’t comment whether they’re profitable. Their recommendation engines offer up products, music or news articles to people based on their personal tastes.
They’re forging… Continue Reading