Bridgeline Digital's AI Innovations Drive Significant Growth in Fiscal 2024 and Early 2025

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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.

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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

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. 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

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. 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

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. 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:

  1. Large Language Models (LLMs)
  2. Retrieval Augmented Generation
  3. Generative AI (GenAI)
  4. 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

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Strategic Partnerships

Bridgeline's success has been bolstered by strategic partnerships, including:

  1. Optimizely: Bridgeline became a Platinum Partner, the highest tier in Optimizely's Solution Partner Program.
  2. Salesforce: HawkSearch achieved Salesforce B2C Commerce certification.
  3. Coveo: A partnership to enhance AI-powered search capabilities.

These collaborations underscore Bridgeline's commitment to delivering high-performance solutions and measurable results

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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

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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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