New Yext Features and Algorithm Update Bring AI Search Optimizations to Businesses

Rhea-AI Summary

Yext, Inc. (NYSE: YEXT) announced the general availability of its Summer '21 Release, featuring the new Phoenix search algorithm update. This release aims to enhance the search experience for businesses through dynamic reranking, updated data connectors, and self-serve app configurations. Key features include improved search accuracy and the ability to integrate data from various sources seamlessly. Yext's AI-powered platform is designed to better understand complex customer queries, empowering brands like Verizon and the U.S. State Department to provide precise answers online.

Positive

• Launch of the Phoenix Algorithm Update enhances dynamic reranking of search results, improving user experience.
• New Data Connector Updates enable easy integration of diverse data sources, enhancing the AI search experience.
• Businesses can now create custom configurations and apps, boosting their operational efficiency.

Negative

• None.

NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the AI Search Company, today announced the general availability of its Summer '21 Release, which is underpinned by Yext's new "Phoenix" search algorithm update.

In addition to features powered by Phoenix like dynamic reranking, the release introduces revamped test search and experience training, as well as a reimagining of Yext's data connector and app frameworks — all to equip businesses with modern and powerful search solutions.

"As business information evolves and the questions customers ask become more complex, it's critical for businesses to have a search experience that can learn, evolve, and embrace that complexity in order to serve their customers well," said Marc Ferrentino, Chief Strategy Officer at Yext. "With each release, the algorithms powering Yext's AI search platform get smarter and stronger, empowering businesses to optimize their search experiences even further and continue providing customers with the best answers to their questions."

The Summer '21 Release includes the following features:

• Phoenix Algorithm Update: Yext's newest algorithm update makes it possible to analyze and dynamically rerank the best-performing search results. For example, if customers consistently click on a blog post when searching for vaccine information on a healthcare organization's website, dynamic reranking will push that content to the top of the search results page so it appears first any time someone searches about vaccines. The Phoenix update also introduces more relevant results for queries about locations that are "open now" and rich text fields, like lists, in featured snippets.
• Data Connector Updates: A business's data can come from multiple sources and exist in various formats, and unifying it is key to powering a robust AI search experience. With the new update to Yext's data connectors framework, businesses can use a low-code "extract, transform, load" (ETL) tool that extracts all of their data and transforms it into the same format for easy integration into their knowledge graph (a unique brain-like database of facts).
• Apps with Configuration: Businesses that prefer to self-serve can now build their own unique configurations in the Yext platform and package them into installable apps. They also have the option of downloading pre-built solution templates to get their search experiences (or that of their clients and sub-brands) up and running more quickly.
• Search Experience Training and Test Search: It's now easier than ever for businesses to test their search experiences as if they were a customer. An upgraded test search tool enables Yext platform administrators to see results for any given query and identify opportunities for improvement. The updated experience training also gives admins the ability to allow or block certain results from appearing.

Discover more features in Yext's Summer '21 Release Notes.

About Yext
Yext (NYSE: YEXT) is the AI Search Company and is on a mission to transform the enterprise with AI search.

With the explosion of information and data online, search has never been more important. However, while the world of consumer search has innovated over time, enterprise search has not. In fact, the majority of enterprise search is powered by outdated keyword search technology that only scans for keywords and delivers a list of hyperlinks rather than actually answering questions.

Yext, the AI Search Company, offers a modern, AI-powered Answers Platform that understands natural language so that when people ask questions about a business online they get direct answers – not links.

Brands like Verizon, Vanguard, Subway and Marriott — as well as organizations like the U.S. State Department and World Health Organization — trust Yext to radically improve their business with answers-led AI search.

CONTACT: Amanda Kontor, pr@yext.com  

 

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SOURCE Yext, Inc.

FAQ

What is the Yext Summer '21 Release?

The Yext Summer '21 Release introduces the Phoenix search algorithm update, enhancing search capabilities for businesses.

What benefits does the Phoenix algorithm update provide?

The Phoenix update allows for dynamic reranking of search results, ensuring the most relevant content appears first.

How does Yext improve data integration with its new release?

Yext's new Data Connector Updates offer a low-code ETL tool for easy data integration into their knowledge graph.

Which companies use Yext's AI search technology?

Brands like Verizon, Vanguard, Subway, and organizations like the U.S. State Department utilize Yext's AI search platform.