Mr. Laurent Simoneau reports

COVEO INTRODUCES TWO NEW GROUNDBREAKING GENAI BUSINESS APPLICATIONS AND 15+ AI INNOVATIONS IN THE NEW COVEO SPRING RELEASE

Coveo Solutions Inc. has released two new generative artificial intelligence (GenAI) business applications that bring Relevance Generative Answering into additional touchpoints across the customer experience journey: Relevance Generative Answering for agents and Relevance Generative Answering for in-app search. Coveo also released more than 15 additional enhancements to the Coveo AI platform.

"Coveo has been leading in enterprise search for more than 20 years and has used AI extensively for more than a decade to individualize customer and employee experiences and drive superior business outcomes," said Laurent Simoneau, president, chief technology officer and co-founder at Coveo. "We're expanding our GenAI offering by bringing generated answers to agent and in-app experiences. This enhancement makes our platform more intuitive so business users can leverage our AI to easily power individualized, trusted and connected experiences in every interaction across multiple channels."

Generative AI innovation revolutionizing customer experience and employee experience

The Coveo platform has a robust suite of AI and GenAI models delivering AI relevance at every point of experience across websites, e-commerce, service and workplace. Last year, Coveo launched Relevance Generative Answering for self-service and commerce use cases, and it is already delivering significant results for early adopters. Today, adding to the breadth of Coveo's GenAI offering, Relevance Generative Answering supports the agent and in-app search experiences with additional enhancements.

Relevance Generative Answering for agents empowers business and information technology teams to equip agents with fast access to relevant, accurate, traceable and secure answers to complex service questions. Agents, tasked with being knowledgeable about customers and products while quickly resolving issues, can avoid prolonged search times thanks to generative answering, which promptly delivers summarized and detailed responses to intricate questions. Business teams can effortlessly deploy cutting-edge innovations like generative answering and intelligent-hosted search pages by leveraging Coveo's no- and low-code builder and Atomic UI (user interface) framework.

Relevance Generative Answering for in-app search equips enterprises to enhance their software-as-a-service-based applications by making features and capabilities more accessible and understandable, fostering adoption through Relevance Generative Answering. Companies with SaaS-based products can easily add generative answering into their apps by leveraging Coveo's in-product experience (IPX) builder capability. IPX enables users to have quicker access to trusted information, right from where they are working.

New features for Relevance Generative Answering

In addition to making Relevance Generative Answering a multiuse case and multi-UI solution that can be used across the customer experience journey, Coveo continues to enhance product capabilities. Early access innovations include:

• Follow-up questions -- large-language-model-generated questions help guide visitors to the next logical question or answer;
• Conversational experiences -- enable searchers to have dynamic natural language conversations with LLM-generated follow-up questions that incorporate question history and user context;
• Rich text formatting -- provide more visually appealing answers such as lists, code or tables to visitors' questions;
• Multilingual support -- support multilingual dialogue in languages including French, Spanish, Italian and German.

Empowering retailers with product discovery, AI-powered merchandising and modern frameworks

Retailers looking to engage shoppers with a unique digital storefront and expert knowledge can benefit from Coveo's newest innovations. Retailers can streamline commerce by simplifying product catalogue management, minimizing manual interventions and introducing AI-powered tools for merchandisers to balance search relevance with strategic business goals, including the promotion of high-margin products. Innovations include:

• Extract true shopper intent with semantic encoder for product catalogues (early access): This new AI model improves query understanding and reduces even further the need for manual tuning and synonym additions. Teams can deliver the most relevant results through users' natural language queries.
• Easily index your SAP product catalogue data with Coveo's native push integration: Retailers can leverage the full power of Coveo's AI search and generative answering capabilities in SAP Commerce Cloud storefronts with Coveo's native push integration and modern, composable frameworks.
• Balance business objectives and relevant results for shoppers with business-aware ranking model (early access): Beyond simply layering business rules on top of AI, merchandisers can now let AI optimize for the outcomes they care about while optimizing the shopper experience. This model gives business users control over product listing results, positively impacting revenue per visitor.
• Empower teams with visual, intuitive ways to manage performance with search merchandising essentials (early access): Empower merchandisers with an easy way to create business rules for boosting, burying and pinning products with search merchandising essentials added to the merchandising hub.
• Avoid the dreaded "no search results" with query suggestions automatic fallback -- now in GA: Enhance customer engagement by automatically presenting the last successful set of suggestions, increasing the likelihood of relevant product discovery.

Boost AI relevance and results with superior connectivity and data quality

As enterprises adopt AI and GenAI, one challenge is becoming apparent -- the need for quality data and knowledge to feed the models. Coveo's updates include enhancements to popular enterprise applications through Coveo's out-of-the-box connectors. These help business teams filter out bad data to ensure results -- or answers -- are relevant, accurate and trustworthy. New event tracking protocols help automate and simplify data tracking, improving the overall AI search and generative answering system.

• Improve SharePoint Online content relevancy through added filtering and refined permissions: Enterprises can get more out of their SharePoint Online connector with enhancements focused on helping index more relevant content, limit indexing time and maintain content freshness.
• Maximize the relevance of your Web content with enhancements to Sitemap connector: A redesigned UI and enhanced crawling and Web scraping configurations enhance site search and generative answer relevance.
• Elevate site search and generative answers with Web connector updates: Leverage default Web scraping configurations to empower martech and Web professionals to improve findability, discoverability and answers on sites, removing redundant or low-quality information.
• New event tracking protocol: Coveo's new protocol simplifies search and event tracking, reducing time to value and enriching machine learning data. Developers can use a Chrome extension to help validate events.
• Take control of your AI search and generative answering implementations with Coveo's new projects feature: Organize new projects by departmental use cases to streamline digital experience management and implementation. Enable teams to focus on their specific use cases for improved usage and adoption of Coveo.

Want to dig deeper and achieve an AI-experience advantage with the latest innovations from Coveo? Join the New in Coveo session that is right for you. Discover how these features can bring value to your business:

• Customer service -- Tuesday, April 2, 11 a.m. ET (virtual);
• Website -- Thursday, April 4, 11 a.m. ET (virtual);
• Commerce -- Tuesday, April 9, 11 a.m. ET (virtual);
• Workplace -- Thursday, April 11, 11 a.m. ET (virtual).

About Coveo Solutions Inc.

Coveo powers the digital experiences of the world's most innovative brands serving millions of people and billions of interactions across every digital experience. After a decade of enriching its market-leading AI platform with forward-thinking global enterprises, Coveo knows what it takes to gain a trusted AI-experience advantage.

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