Top Conversational AI Companies to Watch in 2022 Artificial Intelligence, Automation, Work and Business

Rasa recognized in 2022 Magic Quadrant™ for Enterprise Conversational AI Platforms

From chatbots to search, it turns out that most language AI capabilities have broad horizontal applicability across industries. While opportunities for vertical-specific NLP applications do exist in some other industries, for instance financial services and law, no sector offers a greater breadth of language AI use cases than healthcare. The startup builds chatbots for companies to deploy on their websites, applications, and other platforms with the use of AI, machine learning , and NLP. Last year, Jio Haptik Technologies launched Interakt – an app enabling SMBs to manage businesses on WhatsApp.

These can be deployed as self-service web applications, or as Intelligent ChatBots. VisiRule converts specialist expertise into smart AI solutions to triage complex problems, make recommendations, enforce actions and generate bespoke documents. With VisiRule, you can quickly build systems to handle those common but non-trivial enquiries and computations that staff have to spend time on, and customers need solving, in a cost-effective way.

Breaking down sixteen conversational AI platforms

This open-source strategy gives Rasa’s customers greater transparency and control over the conversational AI interfaces that they build and deploy. After bringing the “Ask Spectrum” chatbot into its customer support team, Charter Spectrum was able to handle 83% of chat tickets without human intervention. This significantly lightened their customer service load and resulted in a 300% increase top conversational ai companies in ROI. WestJet, the only 3-peat winner of TripAdvisor’s Best Airline in Canada, has incorporated a chatbot to help serve its millions of monthly website visitors. With its chatbot “Juliet,” users can book travel plans, ask questions and get resolutions to common customer service questions. Intercom exploded onto the market in 2011, making it one of the first chatbots on the market.

Netomi’s AI platform helps companies automatically resolve customer service tickets on email, chat, messaging and voice. It has the highest accuracy of any customer service chatbot due to its advanced Natural Language Understanding engine. It can automatically resolve over 70% of customer queries without human intervention and focuses holistically on AI customer experience. Netomi is incredibly easy to adopt and has out-of-the-box integrations with all of the leading agent desk platforms. The company works with companies providing diverse products and services across a variety of industries, including WestJet, Brex, Zinus, Singtel, Circles Life, WB Games and HP.

Top 10 Startups developing Conversational AI

If your business deals with a high volume of queries that consume a significant amount of resources, then it can benefit from a customer service chatbot / conversational AI system. The success of your conversational applications will ultimately be decided by adoption, and adoption requires well designed and useful experiences. Today we know that successful solutions are more likely through problem solvers with diverse perspectives and experiences working together. Fostering inclusivity for who can create and deploy conversational experiences seems to be a significant success factor.

It provides developers with tools to create human-like, deeply conversational AI applications. The apps can be used for call center agent replacement, text chat or to add conversational voice interfaces to mobile apps or IOT devices. Zendesk Answer Bot works alongside your support team within Zendesk to answer incoming customer questions right away. The Answer Bot pulls relevant articles from your Zendesk Knowledge Base to provide customers with the information they need without delay.

These chatbots can be used on a variety of platforms, including websites, apps, Facebook Messenger, Skype, and others. It gives access to a comprehensive bot-building framework, and users only pay for the capabilities you need. More than 18 languages are supported by the Microsoft Azure Bot Service. This means any business can communicate with your consumers in their native tongue. Microsoft Azure Bot Service provides a fully integrated platform for bot creation. BotBuilder SDKs and Microsoft Bot Framework connections are included.

Publications like Forbes, The New York Times, and Venture Beat have covered Clinc’s impressive work in the space. It provides several customer support solutions that can be helpful for your business. It is capable of answering more than just FAQs and can provide dynamic responses to questions. It uses machine learning to get smarter with each conversation that it has. It is not restricted by any rule-based systems and is one of the best self-learning conversational AI solutions.

It can also support you in scaling your business with a variety of automations and third-party integrations. The company operates on a quote-based pricing model, so interested potential customers will have to reach out for more information. These are some of the best conversational AI tools out there that you can try. A. The global conversation AI market is slated to grow to USD 13.9 billion by 2025, according to a report from ResearchAndMarkets.com.

Replika is a human-like companion for anyone who wants to have someone to chat to. It then creates reports with actionable insights for HR to improve employee engagement and well-being. It can also aid you in predicting attrition and measuring company culture in real-time with a personalized reach out to employees. Because of the built-in conversational AI, communication with potential employees is more human-like and efficient. MobileMonkey allows your e-commerce business to manage all your inbound and outbound customer communication in a single place.

Best AI Chatbots for 2022

It is a virtual therapist designed to support people with anxiety, depression, relationship issues, low self-esteem, loneliness, and other mental health problems. Paradox is an AI recruitment app providing chatbots to support global customers with their hiring needs. It streamlines workflows, such as screening resumes, scheduling interviews, and more. It also answers candidates’ questions and manages onboarding communications. Google DialogFlow offers the latest BERT-based natural language understanding to provide more accurate and efficient support for customers in more complex cases.

So, no matter which language your customers speak, conversational AI solutions can talk to your customers. The leading bank, HSBC, uses a conversational AI-powered chatbot on their website to answer customer questions. The main purpose of conversational AI is to automate conversations and customer interactions to provide accurate, round-the-clock support. All of these players offer contact center AI for use across industries.

• It builds both ASR, NLP, Dialogue Manager & ene-to-end chatbot in Asia.
• Be warned – creating a “superbot”, “concierge bot”, etc, is thought to be more a band-aid than a solution, to something that merits a strategy.
• So, you can use a messaging service, a website chatbot, a voice-based assistant, etc., and use conversational AI to automate conversations on it.
• The AI chatbot communicates through NLP textual conversations becoming smarter over time about your products and services.
• It also answers candidates’ questions and manages onboarding communications.
• Providing customer service through conversational interfaces can help small and medium-sized businesses save money on salaries and training.

From banking to sales, Kore.ai has received many accolades in the industry, recently awarded a leader in the 2022 Garter Magic Conversational AI Platforms. Without a single line of code, Kore.ai can create virtual assistants with ease by using Machine Learning capabilities and 2 NLP engines. We collaborated with Senseforth.ai to build the Smart Search, an NLP based search tool that displays results by determining user intent.