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Algolia Search vs. Tagalys Search

tagalys
|
April 1, 2023
|
Min read

Do you want the fastest Search (Algolia) or really fast Search (Tagalys) that increases your conversion & revenue?

Please click on this link for the latest comparison

At Tagalys, we obsess about improving product discovery at our retailers. How do we ensure visitors click on more products from search results or how do we ensure they find the most relevant products in the first 3 scrolls. To our customers (online retailers) eCommerce Search under 100ms to ensure scores are calculated and products sorted by what is most likely to sell, to help with end conversion is an acceptable trade-off. Read our testimonials to know more.

Algolia

Algolia is a brilliant product, incredibly fast, and ideal for database searches. But does it solve the needs of e-commerce search? This is to learn what products are more likely to sell and optimizing your search results by showcasing products that are more likely to increase conversion for that query.  Here is a quick comparison of the two with data researched on October 1st, 2017

Tagalys Algolia
Search Personalization Starts at $799/mo Starts at $2500/mo
Localized Search results Yes No
Reports & Analytics 30 days **
Default sorting Trending Relevance
Merchandising results Yes No
Display Popular Searches Yes No
Modify Popular Searches Yes No
Pricing based on Unique visitors Records + Indexing
Speed < 150ms < 50ms
IT/Tech heavy No Yes

*mo - Month, ms - Milli Second

With inbuilt analytics, Tagalys by default sorts search results based on what is trending. 'Trending' is the analysis of visitor engagement data across the entire site to predict the best selling products for any search query, based on historical engagement data. It collects data utilizing Tagalys analytics for site-wide engagement, understands engagement patterns, and determines Trending scores for all products. It continues to learn and improve these scores as visitors interact with the site. We also analyze data patterns across segments or for each visitor, to personalize search.

Limitations in Elastic Search

Algolia, on the other hand, has gone on record and said "Elasticsearch is a wonderful tool for Big Data analytics, but it is very difficult to reach a good relevance with it on database search. You can try to add some logic on top of Elasticsearch or try to reorder manually results for some queries, but it’s tedious work that continuously needs to be tuned. Algolia, on the other hand, focuses on getting a very good relevance with minimal configuration. While not optimal for all use cases, it makes it particularly appropriate for database search". The tedious work is what Tagalys has solved for online retailers giving them an out of the box solution, with simple installation.

Conversion Percentage in Tagalys

Both Tagalys & Algolia also cover some of the basics of eCommerce search like showing suggestions with autocomplete, spell check & live product synching. Our core lies in the post-click analysis to keep learning from patterns and update trending, personalization, or localization scores, so the products displayed in search results are more likely to convert.  So we can actually help you with improving your conversion at less than 100ms, happy to show you a demo anytime.Tagalys maximizes conversion rate & gives merchants visual control of products displayed in e-commerce Search, Category Pages&Product Recommendations at e-Commerce.

** Data publicly not available

The Evolution of KYC

KYC is a fundamental regulatory requirement aimed at preventing money laundering, fraud, and identity theft. Historically, KYC involved manual verification processes that required customers to submit physical documents, leading to delays and potential errors. The advent of digital KYC has transformed this space, enabling faster, more accurate, and seamless verification processes.

Image courtesy of Vlada Karpovich via Pexels

Vision and Approach

Neokred is at the forefront of this digital transformation, offering cutting-edge solutions that simplify and streamline KYC procedures. Their approach is rooted in leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to create a secure, efficient, and user-friendly KYC process.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”

Key Features of Digital KYC Solution

  • AI-Driven Verification
    Neokred uses sophisticated AI algorithms to verify customer identities in real-time. By analyzing patterns and detecting anomalies, AI ensures that only genuine documents are accepted, significantly reducing the risk of fraud.
  • Seamless User Experience
    The platform is designed with the end-user in mind, offering an intuitive interface that guides customers through the verification process effortlessly. Users can upload documents, capture selfies, and complete verification steps from the comfort of their homes.
  • Blockchain Security
    Blockchain technology enhances the security of KYC data by creating an immutable ledger that is resistant to tampering. This ensures that customer data is protected and can be audited with transparency.

Success Stories

Neokred is at the forefront of this digital transformation, offering cutting-edge solutions that simplify and streamline KYC procedures. Their approach is rooted in leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain to create a secure, efficient, and user-friendly KYC process.

Conclusion

Digital KYC solution represents a significant leap forward in the way businesses approach identity verification. By harnessing the power of AI, blockchain, and seamless integration, not only simplifies the KYC process but also enhances security and compliance. For businesses looking to stay ahead in a competitive market, embracing innovation could be the key to unlocking greater efficiency, cost savings, and customer satisfaction.

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Do you want the fastest Search (Algolia) or really fast Search (Tagalys) that increases your conversion & revenue?

Please click on this link for the latest comparison

At Tagalys, we obsess about improving product discovery at our retailers. How do we ensure visitors click on more products from search results or how do we ensure they find the most relevant products in the first 3 scrolls. To our customers (online retailers) eCommerce Search under 100ms to ensure scores are calculated and products sorted by what is most likely to sell, to help with end conversion is an acceptable trade-off. Read our testimonials to know more.

Algolia

Algolia is a brilliant product, incredibly fast, and ideal for database searches. But does it solve the needs of e-commerce search? This is to learn what products are more likely to sell and optimizing your search results by showcasing products that are more likely to increase conversion for that query.  Here is a quick comparison of the two with data researched on October 1st, 2017

Tagalys Algolia
Search Personalization Starts at $799/mo Starts at $2500/mo
Localized Search results Yes No
Reports & Analytics 30 days **
Default sorting Trending Relevance
Merchandising results Yes No
Display Popular Searches Yes No
Modify Popular Searches Yes No
Pricing based on Unique visitors Records + Indexing
Speed < 150ms < 50ms
IT/Tech heavy No Yes

*mo - Month, ms - Milli Second

With inbuilt analytics, Tagalys by default sorts search results based on what is trending. 'Trending' is the analysis of visitor engagement data across the entire site to predict the best selling products for any search query, based on historical engagement data. It collects data utilizing Tagalys analytics for site-wide engagement, understands engagement patterns, and determines Trending scores for all products. It continues to learn and improve these scores as visitors interact with the site. We also analyze data patterns across segments or for each visitor, to personalize search.

Limitations in Elastic Search

Algolia, on the other hand, has gone on record and said "Elasticsearch is a wonderful tool for Big Data analytics, but it is very difficult to reach a good relevance with it on database search. You can try to add some logic on top of Elasticsearch or try to reorder manually results for some queries, but it’s tedious work that continuously needs to be tuned. Algolia, on the other hand, focuses on getting a very good relevance with minimal configuration. While not optimal for all use cases, it makes it particularly appropriate for database search". The tedious work is what Tagalys has solved for online retailers giving them an out of the box solution, with simple installation.

Conversion Percentage in Tagalys

Both Tagalys & Algolia also cover some of the basics of eCommerce search like showing suggestions with autocomplete, spell check & live product synching. Our core lies in the post-click analysis to keep learning from patterns and update trending, personalization, or localization scores, so the products displayed in search results are more likely to convert.  So we can actually help you with improving your conversion at less than 100ms, happy to show you a demo anytime.Tagalys maximizes conversion rate & gives merchants visual control of products displayed in e-commerce Search, Category Pages&Product Recommendations at e-Commerce.

** Data publicly not available

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