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StarTree Extends Leadership Position in Real-time Analytics with a Year of Strong Growth and Innovation

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With 4x revenue growth, 10x customer growth, and 2x employee growth, StarTree is poised to accelerate adoption of real-time analytics in 2023

StarTree, Inc. today announced strong business momentum during 2022, fueling 4x growth in sales revenue and 10x growth in the number of customers while doubling headcount to 100 employees across multiple countries. The growth reflects strong adoption of real-time, user-facing analytics at scale, as companies across a wide variety of industries empower their customers, partners and employees to take action based on timely insights and data. In addition, with a $47 million Series B round of funding announced in 2022, StarTree is now poised to drive fast adoption of its real-time analytics platform in 2023.

Among the new customers who are using StarTree to extract intelligence from their data are Stripe, Sovrn, Razorpay, Rippling, Moveworks, Zomato/Blinkit, and Just Eat Takeaway — further validating the company’s recognition as one of The Information’s 50 Most Promising Startups 2022 and CRN’s Top 10 Coolest Cloud Computing Startup Companies of 2022. As momentum for StarTree continued to build, the company expanded its leadership team with the addition of Jeff Miller as Chief Revenue Officer; Bhavani Akunuri as Chief of Staff; and Jen Murphy as Vice President of Channels and Alliances.

“2022 was a landmark year for StarTree, as we secured our Series B round of funding and significantly grew our revenue and customer base. We continued to bring innovative solutions to market to help our customers make smart decisions based on data, including launching the Bring Your Own Cloud version of StarTree Cloud and StarTree Community Edition,” said Kishore Gopalakrishna, co-founder and CEO of StarTree. “In 2023, we look forward to continuing to help our customers take the next leap forward in differentiating themselves and their services from their competitors, by harnessing valuable insights in real-time. Together with our customers, we will democratize data insights and give every user a way to leverage the vast stores of data they produce.”

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StarTree is driving innovation and adoption globally of real-time analytics to power both enterprise and user-facing analytics applications. Built for progressive data-driven companies to help increase engagement and revenue through real-time user-facing analytics, the company was founded by the original creators of Apache Pinot™, the real-time distributed OLAP data store proven at scale by industry leaders in retail, finance, delivery and others, including LinkedIn, Cisco, DoorDash, Etsy, Hyundai, Razorpay, 7-Eleven, Target, Uber, Walmart, Microsoft and many other data-driven leaders.

Of note, over the past year, Apache Pinot downloads increased by 73%, hitting over 2 million downloads. The Apache Pinot open-source Slack community also grew by 62%, to over 2,900 members today. StarTree hosted 19 meetups and the first Real-Time Analytics Summit and its sequel virtually, with over 600 attendees from more than 40 countries now looking forward to the 2023 Real-Time Analytics Summit on April 24-26, in San Francisco, California.

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In terms of product innovation, StarTree launched the Bring Your Own Cloud (BYOC) version of StarTree Cloud, which delivers secure, enterprise-ready Apache Pinot clusters with StarTree’s services and apps within the customer’s cloud account but is deployed, configured, and managed remotely by StarTree. It also released StarTree Community Edition, a free, downloadable, ready-to-use package of Apache Pinot and additional plugins and extensions, as well as StarTree ThirdEye, an anomaly detection platform that allows organizations to monitor critical business KPIs in real-time and automatically detect anomalies. In addition, the company joined the Intel Disruptor Initiative program to help optimize StarTree Cloud on various Intel hardware and software platforms.

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Quantiphi Gears up to Revolutionize Contact Center Service with Google Cloud CCAI Specialization

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Earning the Google Cloud CCAI specialization sets a benchmark for future solution implementations and is a testament to Quantiphi’s ability to utilize the right tools and technologies to meet customer expectations

Quantiphi has recently announced that it has achieved the Google Cloud Contact Center AI Specialization (CCAI). This comes after it was named a launch partner for the CCAI Platform, validating Quantiphi’s expertise in the Conversational AI domain. This specialization partner badge is a recognition of Quantiphi’s efforts to maintain its position as one of Google Cloud’s preferred partners for CCAI implementations.

Google Cloud’s Contact Center AI solution suite leverages AI to scale customer service interactions and enhance customer satisfaction. The CCAI solution suite provides a unified and intelligent technology platform for enterprises to increase visibility, allowing live agents to seamlessly adapt to virtual assistance to resolve customer queries. Google Cloud’s CCAI offers an omnichannel experience via highly trained virtual agents that can handle 80% of the repetitive tasks. The representative is equipped with a brief history sheet of the conversation, preventing the customer from repeating themselves and assisting the live agent to resolve queries more efficiently.

Earning the Google Cloud CCAI specialization sets a benchmark for future solution implementations and is a testament to Quantiphi’s ability to utilize the right tools and technologies to meet customer expectations. Quantiphi was evaluated for its enterprise-level delivery process approach, its process for discovering, assessing, and acting on business and technical constraints, and the customer success noted post-implementation of the proposed CCAI solution.

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“The Google Cloud CCAI specialization reinforces our commitment towards AI-led contact center transformations,” says Gaurav Johar, Practice Leader, Conversational AI at Quantiphi. “Our CCAI solution portfolio not only enhances contact center experiences of the end-user but adds immense business value for our clients by reducing contact center costs through increased call containment and reduction in average call handle time. This recognition is a testimony to our excellence and proven customer success in implementing Conversational AI solutions.”

By consistently keeping up with the advances in the Conversational AI space, Quantiphi is at the forefront of getting early access to the products and new features for Google Cloud’s CCAI product suite, such as the Contact Center AI Platform. Equipped with sound thought leadership and several successful use cases, Quantiphi has showcased its proficiency in implementing CCAI solutions.

“We’re pleased to recognize Quantiphi’s achievement of Google Cloud CCAI Specialization,” said Bronwyn Hastings, Vice President, ISV Ecosystems and Channel at Google Cloud. “Quantiphi’s repeatable and proven success implementing CCAI with customers, and its technical capabilities in conversational AI, make it a trusted specialization partner for customers looking to modernize contact center and customer service experiences with Google Cloud.”

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Some of the parameters that Quantiphi excelled at were:

  • Displaying Value Proposition in Google Cloud CCAI: By focusing primarily on Google Cloud CCAI implementations and various collaborations with Google Cloud to create awareness around Conversational AI, Quantiphi was able to demonstrate its strong Conversational AI knowledge base.
  • CCAI Capabilities: Quantiphi has successfully enabled AI-driven digital transformation for diverse projects and businesses by upgrading their existing traditional IVRs to modern virtual agent technologies.
  • Team Distribution & Capacity Planning: Quantiphi’s talent pool and client base span continents, marking its presence globally. Achieving this specialization for the North American Region is a motivation to further expand to other regions like Latin America, Europe, the Middle East, and Africa, strengthening its global footprint.
  • Google Cloud Certified Personnel: To ensure that CCAI implementations are future-proof, Quantiphi ensures the team adapts to changing times and delivers successfully, through continuous training.
  • Customer Success Stories: Another significant parameter that Quantiphi was measured on was customer success, representing implementation and migration projects taken up in the last two years, which included customer statements attesting to the quality of work delivered.

Quantiphi has long aimed to elevate customer experience and amplify agent productivity through AI integration. The implementation of CCAI solutions is a step towards realizing the goal. Quantiphi’s CCAI capabilities enhance contact center services, adding immense business value for service providers. As a preferred partner for Google Cloud, this recognition is one among many Quantiphi has received over the years.

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Infosys Recognized as one of the 2023 World’s Most Ethical Companies for the Third Consecutive Year by Ethisphere

Recognized for demonstrating business integrity through best-in-class ethics, compliance, and governance practices

Infosys, a global leader in next-generation digital services and consulting, announced that it has been recognized, by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies. Infosys received the honour, for the third consecutive year, for demonstrating the high standards of business integrity through best-in-class ethics, compliance, and governance practices.

Infosys has become the only Company in India, and one of the four companies globally, in the software and services industry to receive this recognition. This recognition is awarded to global companies that have exceptional business ethics and are committed to advance business integrity.

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Infosys has been recognized among 135 honorees spanning 19 countries and 46 industries. These companies were evaluated based on the Ethisphere Ethics Quotient across multiple categories, including culture, environmental and social practices, ethics and compliance, governance, diversity, and initiatives to support a strong value chain.

“Ethics matter. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said, Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Infosys for earning a place in the World’s Most Ethical Companies community.”

Salil Parekh, Chief Executive Officer and Managing Director, Infosys, said, “We are honoured to be part of the 2023 World’s Most Ethical Companies community. This recognition is a testament to the strong foundation of ethical business practices and accountability that we continue to build on. As a responsible corporate entity, we are fully committed to nurturing excellence and transparency of operations and outcomes for the businesses that we drive.”

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ServiceNow Names Industry Technology Leader Dr. Raj Iyer as Global Head of Public Sector

ServiceNow | Agile Alliance

Former CIO of U.S. Army joins ServiceNow to accelerate digital transformation in the global public sector business

ServiceNow, the leading digital workflow company making the world work better for everyone, announced that pioneering industry technology leader Dr. Raj Iyer has joined the company in the newly created role of global head of public sector.

Iyer, who was previously the U.S. Army’s first-ever civilian chief information officer, brings more than 30 years of experience leading technology and business transformation in both the private and government sectors. In his role at the Army, he managed a $16 billion annual IT budget and led the global digital transformation of the largest military branch in the U.S.

“It should go without saying: When governments work, the world works. That’s why we need to recognize that ServiceNow’s role in this global industry has never been more critical,” said Bill McDermott, chairman and CEO of ServiceNow. “Raj is the best of the best. He’s the perfect leader to accelerate the mission critical nature of the work we do with governments around the world, to transform experiences for employees, service members, and citizens.”

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“It should go without saying: When governments work, the world works. That’s why we need to recognize that ServiceNow’s role in this global industry has never been more critical”

ServiceNow’s goal is to transform the way governments serve their constituents. Public service today demands attention to immense challenges, from national security to heart-wrenching crisis and disaster response, to a changing global economic outlook and so much more. At ServiceNow, Iyer will expand the company’s global public sector strategy to accelerate the pace of digital transformation for the industry. He will lead the growth of markets across the global public sector, with a particular focus on Australia, Canada, France, Germany, Japan, the U.K., and the U.S., by scaling ServiceNow’s strategy and capabilities to meet the unique needs of regulated markets worldwide.

“We have a huge opportunity to truly transform the public sector through cloud-based digital technologies,” said Iyer. “ServiceNow has the biggest vision for digital transformation at the scale of government, and I’m thrilled to join a company that is equally as passionate and excited about the potential for change as ServiceNow. It has never been easier to leverage the power of a platform like ServiceNow to truly transform how governments serve their citizens.”

The Now Platform® — the end-to-end platform for digital transformation — makes work flow across all segments of the government experience, creating great digital experiences and improving productivity for millions. In the past year, ServiceNow has seen strong momentum in the global public sector industry, recently closing consequential deals with federal and other agencies including the U.S. Federal Aviation Administration and the Defense Logistics Agency; the Department for Environment, Food & Rural Affairs and the Crown Commercial Service in the UK; and Australia’s New South Wales (NSW) Rural Fire Service; among others

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Nexus FrontierTech’s Intelligent Document Processing Now Available on Temenos Exchange

Nexus FrontierTech Ltd. Client Reviews | Clutch.co

Nexus’ integration with Temenos automates high value workflows to further accelerate technological adoption for the financial industry

Nexus FrontierTech, a leading provider of Artificial Intelligence (AI) and Intelligent Document Processing (IDP) solutions today announced their Financial Services Extraction (FSX) services are available on the Temenos Exchange ecosystem of integrated fintech solutions.

Nexus FrontierTech’s FSX solution offers over 50 proprietary AI modules that instantly enables advanced processing for a variety of document types, such as financial statements, bank statements, identification documents, and more, with tailored customisations available according to client needs. Businesses benefit from seamless integration of unstructured data into company-wide systems, vastly improving their operational efficiency and staff productivity. With Temenos, deploying FSX becomes an even faster and easier process.

Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.

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Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. Joining Temenos Exchange means Nexus FrontierTech can write once and sell its solution across a vast banking audience of more than 3,000 clients in 150 countries. Collectively, this community serves the banking needs of 1.2 billion people worldwide.”

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“Nexus FrontierTech’s availability on Temenos Exchange addresses the urgent need for simpler and swifter AI deployment so companies can benefit from operational automation quickly. With our focus on innovation for traditional financial organisations, clients without tech specialisations eliminate the risk of falling behind pure Fintech competitors,” said Danny Goh, Chief Executive Officer, Nexus FrontierTech.

“Nexus’ participation in Temenos Exchange further extends our commitment to the banking community. We look forward to leveraging the power of the Temenos platform to help our clients achieve their business goals.”

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SalesTechStar’s Sales Technology Highlights of The Week: Featuring Pipedrive, Gong, Outreach and more!

From Gong’s new integrations to Outreach’s new Outreach data sharing capabilities, catch the latest in salestech from this weekly highlight:

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SalesTech Quote-of-the-Week!

A data-driven approach is what we’ve found to be most successful. Optimizing data means mining your CRM, customer engagement channels, web analytics, sales enablement tools, and any content management systems you’re using, then leveraging that data for insights about your sales funnel.

David von Rothenburg, VP Sales and Alliances at Pitcher

Top SalesTech News of the Week: 06th March to 10th March

SalesTech QnA with the Expert

Read More!

Video is changing the relationship between buyers and sellers. Video enables you to meet buyers where they are, they might not all want to meet in person and might not want a long call either. It allows an asynchronous, quick communication mode that is more personal in nature. Video can, as a tool, help build trust and authenticity if used well. – Jonathan Lister, COO at Vidyard

Top B2B Sales and SalesTech Articles on Sales Ops, Instagram for eCommerce, Sales Qualification and More!

Missed The Latest Episode of The SalesStar Podcast? Have a quick listen here!

Episode 156: Purpose-led Advertising Fundamentals with Julia Hitchman, Chief Commercial Officer at Good-Loop

Episode 155: How Employee Recognition Programs Can Keep Salespeople on Their Toes: with Kevin Yip, Co-founder and President of Blueboard

Episode 154: B2B Business Development Tips for 2023 with Brian Bero, cofounder and VP Sales, Strike Graph

Malbek Unveils Generative AI Functionality to Streamline Contract Insights and Recommendations

ChatGPT will empowers users with deeper insights to streamline negotiation time and shorten review cycles.

Malbek, the most cutting-edge, AI-fueled contract lifecycle management (CLM) platform, announced today the release of its new Generative AI capabilities to streamline contract insights and assist with contract recommendations.

The new functionality featuring ChatGPT (powered by OpenAI’s GPT3) will help Legal, Executive, and Business users alike to easily comprehend the language used in contracts, make revisions, seamlessly accept or reject redlines, and make custom requests – all in plain English. This powerful new feature empowers users to streamline negotiation time and shorten review cycles.

“In the past few months, ChatGPT has been everywhere” said Hemanth Puttaswamy, CEO of Malbek. “The buzz around Generative Artificial Intelligence is undeniable, but businesses want to know whether this tech will actually help them. This is truly a unique innovation that will transform the contracting process, saving users time and making it easier for them to do business.”

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Malbek is sponsoring at Legalweek, one of Legal industry’s premier events in New York City. The event will take place March 20-23 at the New York Hilton Midtown. Attendees will have the opportunity to see the technology in action at booth 2109 and learn how it can benefit their organization.

“Balancing tolerance for risk and the need for speed, we’re thrilled to be able to demonstrate how this innovation can be a staple in your business,” added Matt Patel, COO of Malbek.

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To learn more about Malbek’s new Generative AI functionality and CLM, be sure to join our session at Legalweek with Matt Patel along with Lizzie Christmas, Assistant Vice President, Legal Operations at Blackstone and Colin Levy, Director of Legal and Evangelist at Malbek on March 21 from 2-3pm ET.

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Creata Chain Network Unveils its New Smart Contract Platform

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The platform is EVM compatible and makes it easy for anyone to create and deploy open-source, cross-chain smart contracts

Creata Chain Network – the advanced open-source blockchain technology community renowned for its scalability, compatibility, and usability – is proud to unveil its new smart contract platform designed to make it easy for anyone to create and deploy open-source, cross-chain smart contracts without the need for developers or prior knowledge of blockchain technology.

The platform offers multiple cutting-edge features, including a user-friendly interface, cross-chain and multi-chain interoperability, automated contract testing, and low-cost deployment. It also hosts customizable contract templates, advanced security features, and rapid execution speeds, ensuring cross-industry usability.

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“At a time when new digital technologies are revolutionizing the way people conduct transactions and exchange value, our smart contract platform empowers users to create their own smart contracts in a quick, secure, and affordable manner,” said Creatachain CEO Jennifer Jin Kim. “As one of the leading proponents of open-source blockchain technology, the entire Creata Chain Network team wanted to showcase what the technology can do.”

Creata Chain Network’s smart contract platform is also Ethereum Virtual Machine Compatible (EVM) compatible, allowing developers to leverage the vast ecosystem of Ethereum tools and applications to create and deploy their smart contracts with ease while also being fully interoperable with other Ethereum-based smart contracts, providing users maximum flexibility and versatility when building blockchain solutions.

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It also supports multiple token standards, including ERC20, ERC721, and BEP2. With this support, developers and users will be able to create both fungible and non-fungible tokens on the Ethereum and Binance Smart Chain networks with ease, offering unparalleled flexibility and versatility when creating and deploying tokens on the blockchain.

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Argoid AI Delivers Over 500 Million AI-based Personalized Recommendations for Ecommerce

AI tech leader, Argoid, delivered over 500 million AI-powered recommendations in 2022, boosting sales and customer engagement for ecommerce stores worldwide

In 2022, eCommerce solutions provider Argoid’s AI personalization engine served over 550 million recommendations, processing around 2 TB of data daily, resulting in an average 12x ROI for businesses across the globe.

The growth of ecommerce is closely tied to developments in AI, with personalization being a key use case.

According to industry research, personalization is one of the most effective ways to drive customer loyalty and revenue growth. In fact, a recent McKinsey study found that 80% of consumers are more likely to make a purchase from a brand that offers personalized experiences while 76% are frustrated when they don’t find it.

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“Numbers mean nothing unless they drive tangible business results such as increased customer loyalty, conversion rates, and revenue. Personalization is better customer experience and better business.”

— Gokul Muralidharan, CEO, Argoid

Imagine that a customer visits your online clothing store with a vague idea of what to buy. Your store offers a plethora of options but not all are relevant. How can the experience be tailored to the customer’s preferences? Personalization solves half the problem but in order to make a difference to your bottomline, it must be scalable. It must solve the personalization problem for millions of shoppers in your online store.

The only way to build such individualized experiences at scale, is through AI, and that’s why it’s crucial to the future of ecommerce. 550 million recommendations would have been unheard of a few years ago, but that and more are a possibility today.

Many eCommerce businesses still struggle to implement effective personalization strategies due to a lack of expertise or resources. Businesses can leverage powerful algorithms and machine learning to generate highly relevant product recommendations, and personalized shopping experiences that drive customer engagement and loyalty.

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Argoid’s AI personalization engine uses only first-party customer data to deliver personalized product recommendations in real-time to millions of users. Each user is served hyper-personalized product recommendations at each touchpoint in the user journey. This web personalization solution delivers home page recommendations, product detail page recommendations, checkout and cart page recommendations. They are also effective as upsell and cross-sell, making it a win for customers and the business alike.

Personalization in eCommerce benefits businesses in a variety of ways, from increased conversion rates to improved customer retention and higher average order value. As the eCommerce market continues to evolve, businesses that invest in personalization, especially AI-based, are likely to gain a competitive edge and build lasting relationships with their customers.

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.