LivePerson Acquires VoiceBase And Tenfold To Power Voice AI Innovation
LivePerson announced two major strategic acquisitions; VoiceBase, a company in real-time speech recognition and conversational analytics; and Tenfold, an advanced customer engagement platform for integrating communication systems with leading CRM and support services. Through these acquisitions, three powerful technologies combine to create a unified, AI-enabled system for customer experience: VoiceBase’s superior speech recognition and analytics […]
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LivePerson announced two major strategic acquisitions; VoiceBase, a company in real-time speech recognition and conversational analytics; and Tenfold, an advanced customer engagement platform for integrating communication systems with leading CRM and support services.
Through these acquisitions, three powerful technologies combine to create a unified, AI-enabled system for customer experience: VoiceBase’s superior speech recognition and analytics capabilities, Tenfold’s advanced voice, messaging, and CRM integrations, and LivePerson’s industry-leading Conversational AI and asynchronous messaging. Brands can now enable natural, conversational consumer experiences that carry context and continuity across all channels, powered through a single automated voice and messaging desktop experience.
Acquiring VoiceBase and Tenfold accelerates LivePerson’s vision to help brands gain complete ownership and visibility over engagements in the channels customers care about, inclusive of voice and messaging. These companies bring voice intelligence and AI technologies to support LivePerson’s upcoming voice capabilities within its world-class conversational AI messaging platform.
“Brands want to accelerate their use of Voice and Conversational AI with deep connective tissue into their systems,” said Rob LoCascio, founder and CEO of LivePerson. “It’s my great honor to welcome VoiceBase and Tenfold’s experts to the LivePerson family as we build the unified AI system behind 100 per cent of conversations with the world’s most innovative brands.”
Also Read: LivePerson And Google Cloud Partner For Improved CX
VoiceBase
VoiceBase is a voice analytics platform for the enterprise, built on advanced speech recognition technology, which transforms voice and messaging conversations into easily interpreted data and actionable insights. It works with leading brands like Grubhub, Twilio, Delta Dental, UserTesting, and Slice, and has out-of-the-box integrations with leading telephony and contact-center systems including RingCentral, Genesys, NICE CXone, Avaya, Twilio, and now LivePerson.
Combining VoiceBase’s capabilities with LivePerson’s Conversational AI gives brands unparalleled visibility into customer intents, sentiments, frustrations, and successes from 100 per cent of conversations across messaging and voice, as well as third-party voice, telephony, or contact center systems. These insights make it easier to improve customer experience, uncover sales opportunities and increase revenue, and understand agent productivity and utilisation.
“86 per cent of buyers are willing to pay more for better customer experiences, meaning huge opportunities open up for brands as we combine VoiceBase’s speech analytics tech with LivePerson’s Conversational Cloud and AI,” said Walter Bachtiger, founder and CEO of VoiceBase. “We are thrilled to team up with a trailblazing industry leader that shares our vision for improving conversations through actionable, AI-powered insights.”
Also Read: LivePerson and Adobe Transform Digital Experiences
Tenfold
Tenfold is a customer experience integration platform enabling enterprises to modernise customer experience tools without having to replace legacy systems. The chosen partner for leading CRM and voice service providers, Tenfold provides tremendous power in transforming voice networks or contact center providers without impacting day-to-day operations. Its customers include leading brands like Wayfair, TransAmerica, and Sixt.
With Tenfold, LivePerson messaging becomes available to agents anywhere — embedded in a CRM, on the agent’s desktop, or in the brand’s own integrated systems. As a voice platform-agnostic, blended system, the offering will also provide unparalleled flexibility for brands to work with any voice vendor and complement LivePerson messaging without impacting agent experience and productivity.
“Today marks an exciting day for Tenfold, our employees, and our customers as we join LivePerson,” said Jeff Cotten, CEO of Tenfold. “We’ve solved a difficult challenge in delivering the most relevant data right into every customer interaction, and with LivePerson, we’ll expand this model to messaging to deliver a true end-to-end customer experience platform.
