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      Stratecast | Frost & Sullivan Applauds Next IT's Technological Innovation in Developing Intelligent Assistants that Deliver Outstanding Customer Service


      News provided by

      Frost & Sullivan

      16 Aug, 2016, 12:00 GMT

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      Next IT's conversational AI goes beyond merely understanding user input to dynamically respond, creating the experience of a conversation and delivering the right outcome

      MOUNTAIN VIEW, California, Aug. 16, 2016 /PRNewswire/ -- Based on its recent analysis of the conversational artificial intelligence (AI) and intelligent assistants (IAs) market, Stratecast | Frost & Sullivan recognizes Next IT with the 2016 Global Award for Technology Innovation. Customer service has come a long way from websites and toll-free numbers to sophisticated intelligent assistants that have natural conversations with customers and employees. Yet, Next IT stands out for having the vision to account for human oversight while offering advanced AI customer service solutions. Its visionary innovation has combined full-service experiences with self-service economics, helping generate significant financial benefits for a growing roster of blue-chip clients.

      This image opens in the lightbox
      Next IT Receives 2016 Global Conversational A.I. and Intelligent Assistants Technology Innovation Award

      Photo - http://photos.prnewswire.com/prnh/20160810/397325

      In addition to incorporating human oversight as part of the core model, Next IT's intelligent assistants are designed to engage in conversations and improve user experience through mixed-initiative and goal-based dialogue. They offer benefits of lower cost, scalability, and consistency in messaging and customer engagement, and can be applied in any company, anywhere, irrespective of the client's presence on a given network.

      Amtrak's 'Ask Julie', Charter Communications' 'Ask Spectrum', and the US Army's 'SGT STAR' are Next IT-powered IAs that deliver substantial value to their organizations. For example, Amtrak's Ask Julie has generated 8X ROI and is saving the railroad $1 million per year in customer service emails.

      "Powered by machine learning and AI, Next IT's solutions are providing conversational interfaces, usually through an avatar, which can provide truly human-like interactions with system users," said Jeff Cotrupe, Industry Director, Big Data & Analytics, Stratecast | Frost & Sullivan. "While early intelligent virtual assistants or chatbots were little more than cartoon interfaces offering extra guidance for search, the technology has evolved into emulated human interactions."

      Today, IAs are helping consumers shop, order services, book travel, schedule meetings, and more. They are beginning to revolutionize search by moving away from giving users a list of options and instead, presenting just the best choice.

      These IAs are created by the synergies among the five key technologies of machine learning: AI and artificial general intelligence (AI/AGI), natural language processing (NLP), real-time analytics and Web services. Together, they enable IAs to perform multiple tasks and customer interactions at a high level of efficiency.

      "While there are many AI-driven customer service solutions in the market that could support both external and internal users, most organizations deploy them solely to support external customers," said Cotrupe. "Next IT does not deploy its solutions to support internal employees as an afterthought, but as a key component of its strategy, with products specifically addressing internal functions, such as IT helpdesk, human resources, and, perhaps most innovatively, sales engineering."

      Overall, Next IT's leading-edge AI-based IAs are going a long way in driving business value, raising the bar for innovation in the conversational AI and IA market.

      Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

      About Next IT

      Next IT is the intelligent interface company. We deliver the right outcomes through A.I.-powered solutions for customer engagement and workforce support. Our customers, including Alaska Airlines, Amtrak, Charter Communications, United States Citizenship & Immigration Services, and the U.S. Army, set the bar for innovation in their markets, and they trust our solutions to resolve the most challenging barriers to exceptional customer and workforce support. For more information visit www.NextIT.com.

      About Frost & Sullivan

      Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

      Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

      • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
      • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

      For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

      Contact Us:     Start the discussion
      Join Us:           Join our community
      Subscribe:       Newsletter on "the next big thing"
      Register:        Gain access to visionary innovation

      Contact:
      Chiara Carella
      P: +44 (0) 207.343.8314
      F: 210.348.1003
      E: chiara.carella@frost.com



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