Zoom has announced that it has entered into a definitive deal to buy the AI and automation platform for customer support Solvvy in its latest entry into the customer care business.
Zoom expands its range of customer services
Velchamy Sankarlingam, Zoom’s president of product and engineering, highlighted in a news release how acquiring Solvvy will benefit the company’s Zoom Contact Center solution, which launched earlier this year:
Once the deal is completed, the two companies will collaborate fast to provide enhanced customer service experiences to enterprise enterprises on a worldwide scale, as well as capitalize on new prospects in the contact center and customer support segments.
“The nature of customer experience is transforming fundamentally, as enterprises increasingly need to deliver exceptional, personalized, and effortless customer experiences. Solvvy understands this shift and is the ideal platform to enhance our Zoom Contact Center offering. Solvvy’s differentiated AI and machine learning technology, deeply talented team, and an easy-to-deploy solution will help accelerate our roadmap to creating a concierge-level experience for customers worldwide. Together, we are excited to help businesses of all sizes improve their customer retention, increase operating efficiency, and set new standards for customer service and satisfaction.”
By adding Solvvy’s proprietary tech to its contact center offering, the company will be able to build it out further with scalable self-service and conversational AI. At the same time, Zoom Contact Center customers will benefit from an automated, integrated and easy-to-deploy contact center as a result of Zoom’s Solvvy acquisition.
Zoom Contact Center is the first omnichannel contact center platform that is optimized for video conferencing with a robust suite of channels including video, voice, SMS and live chat in a single, user-friendly experience.
Once the acquisition is complete, Zoom will incorporate and expand Solvvy’s capabilities across its Zoom Contact Center Platform. The transaction is expected to close during the second quarter of the company’s fiscal year 2023 and neither company provided details on the terms of the sale.
As employees begin to return to the office and organizations implement hybrid work policies, Zoom’s move into the customer service space makes a great deal of sense now that video calls are no longer as in demand as they once were during the pandemic.
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