Bridgeline Digital's AI Innovations Drive Significant Growth in Fiscal 2024 and Early 2025
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Bridgeline's AI Innovations Propel Strong Growth into 2025 By Investing.com
WOBURN, MASSACHUSETTS / ACCESSWIRE / January 2, 2025 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, reflects on an outstanding fiscal 2024 and an equally strong start to fiscal 2025. Bridgeline continues to redefine AI innovation in the eCommerce industry with more than 75 new HawkSearch licenses signed in fiscal 2024, and over 25 contracts in Q1 of fiscal 2025. Fiscal 2024 sales contracts nearly doubled in Annual Contract Value (ACV) compared to fiscal 2023, totaling over $6.2 million in contract value with $2.1 million in ACV. Bridgeline closed a strong fiscal Q1 2025 on December 31, 2024 with more than $2.5 million in new contracts that add over $800,000 in ACV. Bridgeline's HawkSearch technology powers over 1,000 websites, serving a diverse range of industries and clients, including: HawkSearch's success stems from groundbreaking AI capabilities, including its Smart Search and Smart Response features, which lead the deployment of large language models and Generative AI technology. In 2025, HawkSearch will expand its product line with agentic AI innovations, designed to drive even higher online revenue for its customers. Industry Growth and Momentum In 2024, Bridgeline launched over 60 HawkSearch-powered websites in key B2B industries, including suppliers in the cleaning products, medical, fasteners, and automotive aftermarket industries. HawkSearch attracted notable new B2B customers such as Grizzly, Tacoma Screws, IEWC and Colonial Electric Supply in fiscal 2024. Bridgeline continues to build this momentum within the first quarter of fiscal 2025 with new contracts with Brady Plus, JonDon, Aftermarket Auto Parts Alliance, and Montefiore Health System. Bridgeline plans to build on this momentum by deepening its presence in B2B industries through targeted partnerships and events in 2025. AI-Powered Innovation Bridgeline has enhanced the Hawk AI Product Suite with advanced features leveraging Large Language Models (LLMs), Retrieval Augmented Generation, Generative AI (GenAI), and Agentic AI that are tailored to business needs, including: These innovations solidify HawkSearch's reputation as a trusted partner for businesses optimizing their search and customer experience strategies. Strategic Partnerships Bridgeline's partnerships played a key role in its success: These alliances highlight Bridgeline's commitment to delivering high performance and measurable results through collaboration. About Bridgeline Bridgeline helps businesses grow online revenue by driving traffic, increasing conversions, and boosting order value with AI-driven solutions. For more information, visit www.bridgeline.com or call (800) 603-9936.
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Bridgeline's AI Innovations Propel Strong Growth into 2025
WOBURN, Mass., January 2, 2025 (Newswire.com) - Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, reflects on an outstanding fiscal 2024 and an equally strong start to fiscal 2025. Bridgeline continues to redefine AI innovation in the eCommerce industry with more than 75 new HawkSearch licenses signed in fiscal 2024, and over 25 contracts in Q1 of fiscal 2025. Fiscal 2024 sales contracts nearly doubled in Annual Contract Value (ACV) compared to fiscal 2023, totaling over $6.2 million in contract value with $2.1 million in ACV. Bridgeline closed a strong fiscal Q1 2025 on December 31, 2024 with more than $2.5 million in new contracts that add over $800,000 in ACV. Bridgeline's HawkSearch technology powers over 1,000 websites, serving a diverse range of industries and clients, including: HawkSearch's success stems from groundbreaking AI capabilities, including its Smart Search and Smart Response features, which lead the deployment of large language models and Generative AI technology. In 2025, HawkSearch will expand its product line with agentic AI innovations, designed to drive even higher online revenue for its customers. Industry Growth and Momentum In 2024, Bridgeline launched over 60 HawkSearch-powered websites in key B2B industries, including suppliers in the cleaning products, medical, fasteners, and automotive aftermarket industries. HawkSearch attracted notable new B2B customers such as Grizzly, Tacoma Screws, IEWC and Colonial Electric Supply in fiscal 2024. Bridgeline continues to build this momentum within the first quarter of fiscal 2025 with new contracts with Brady Plus, JonDon, Aftermarket Auto Parts Alliance, and Montefiore Health System. Bridgeline plans to build on this momentum by deepening its presence in B2B industries through targeted partnerships and events in 2025. AI-Powered Innovation Bridgeline has enhanced the Hawk AI Product Suite with advanced features leveraging Large Language Models (LLMs), Retrieval Augmented Generation, Generative AI (GenAI), and Agentic AI that are tailored to business needs, including: These innovations solidify HawkSearch's reputation as a trusted partner for businesses optimizing their search and customer experience strategies. Strategic Partnerships Bridgeline's partnerships played a key role in its success: These alliances highlight Bridgeline's commitment to delivering high performance and measurable results through collaboration. About Bridgeline Bridgeline helps businesses grow online revenue by driving traffic, increasing conversions, and boosting order value with AI-driven solutions.
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Bridgeline Digital reports strong financial performance and expansion of its AI-powered HawkSearch technology, with significant growth in new licenses and contracts across various industries.
Bridgeline's Financial Performance and Growth
Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, has reported exceptional growth for fiscal 2024 and a strong start to fiscal 2025. The company's fiscal 2024 sales contracts nearly doubled in Annual Contract Value (ACV) compared to the previous year, totaling over $6.2 million in contract value with $2.1 million in ACV 12. The momentum continued into the first quarter of fiscal 2025, with Bridgeline securing more than $2.5 million in new contracts, adding over $800,000 in ACV.
HawkSearch Technology and AI Innovation
At the core of Bridgeline's success is its HawkSearch technology, which now powers over 1,000 websites across various industries. In fiscal 2024, the company signed more than 75 new HawkSearch licenses, followed by over 25 contracts in Q1 of fiscal 2025 1. HawkSearch's success is attributed to its groundbreaking AI capabilities, including Smart Search and Smart Response features, which leverage large language models and Generative AI technology.
Expansion in B2B Industries
Bridgeline has made significant inroads into key B2B industries, launching over 60 HawkSearch-powered websites in sectors such as cleaning products, medical supplies, fasteners, and automotive aftermarket 12. Notable new B2B customers acquired in fiscal 2024 include Grizzly, Tacoma Screws, IEWC, and Colonial Electric Supply. The company's momentum continued into fiscal 2025 with new contracts from Brady Plus, JonDon, Aftermarket Auto Parts Alliance, and Montefiore Health System.
AI-Powered Product Enhancements
Bridgeline has enhanced its Hawk AI Product Suite with advanced features that leverage cutting-edge AI technologies:
- Large Language Models (LLMs)
- Retrieval Augmented Generation
- Generative AI (GenAI)
- Agentic AI
These innovations are tailored to meet specific business needs and have solidified HawkSearch's reputation as a trusted partner for businesses looking to optimize their search and customer experience strategies 12.
Strategic Partnerships
Bridgeline's success has been bolstered by strategic partnerships, including:
- Optimizely: Bridgeline became a Platinum Partner, the highest tier in Optimizely's Solution Partner Program.
- Salesforce: HawkSearch achieved Salesforce B2C Commerce certification.
- Coveo: A partnership to enhance AI-powered search capabilities.
These collaborations underscore Bridgeline's commitment to delivering high-performance solutions and measurable results 12.
Future Outlook
Looking ahead to 2025, HawkSearch plans to expand its product line with agentic AI innovations designed to drive even higher online revenue for its customers. Bridgeline aims to deepen its presence in B2B industries through targeted partnerships and events, building on its current momentum 12.
As Bridgeline continues to redefine AI innovation in the eCommerce industry, its focus on AI-driven solutions for driving traffic, increasing conversions, and boosting order value positions the company for continued growth and success in the evolving digital marketplace.
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