Press Archives | Actifai the right offer forevery customer Wed, 20 Nov 2024 20:59:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.actif.ai/wp-content/uploads/2022/09/Actifai-Primary-Brand-Mark-Artwork-Bounds-SVG.svg Press Archives | Actifai 32 32 Actifai Wins 2023 Artificial Intelligence Breakthrough Award For “Best Decision Intelligence Solution” https://www.actif.ai/resource/actifai-wins-2023-artificial-intelligence-breakthrough-award-for-best-decision-intelligence-solution/ Wed, 21 Jun 2023 16:44:54 +0000 https://www.actif.ai/?post_type=resource&p=3431 Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies LOS ANGELES, CALIF. (PRWEB) JUNE 21, 2023 AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, today announced that Actifai, a software-as-a-service provider delivering a first-of-its-kind AI-powered customer engagement platform […]

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Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies

AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, today announced that Actifai, a software-as-a-service provider delivering a first-of-its-kind AI-powered customer engagement platform to the telecommunications industry, has been selected as winner of the “Best Decision Intelligence Solution” award in the sixth annual AI Breakthrough Awards program.

Actifai’s pioneering, prescriptive AI-powered platform helps broadband service providers deliver personalized phone and web-based customer engagements, improving the acquisition and retention of subscriber relationships. The platform gathers and analyzes previously inaccessible customer information at the point of sale. Actifai’s machine learning (ML) engine analyzes this real-time data, along with anonymized results from over one million prior sales engagements, to predict a product/service offer’s likelihood of acceptance and the expected value of a customer engagement. Then, Actifai’s AI identifies and recommends the ideal product/service offer and contextual selling points for each unique prospective customer to maximize sales conversion, ARPU, and CLV.

Actifai Engage augments the call-center/agent-led sales process with a modern web-app that guides CSRs through a streamlined sales flow and identifies the ideal customer offer recommendation. Actifai Digital extends the same AI-based intelligence to the online sales channel. It provides an end-to-end acquisition solution that brings personalization to the self-service buying process, without requiring live agent interaction. Actifai Digital can be deployed via API to providers’ existing websites or as a separate microsite connected through to providers’ billing systems. Both Engage and Digital offer Actifai’s AI-powered enhancements including rich predictive data, a modern, engaging customer discovery flow, built-in machine learning-enhanced serviceability validation, AI-identified offer recommendations, and selling points, as well as advanced leads management.

"At Actifai, we're passionate about empowering broadband providers, large and small, to make smarter, AI-enhanced decisions throughout the subscriber lifecycle. And we’re proud of the results our provider partners have achieved so far.” - Ned Brody, CEO, Actifai

“We’re honored to receive the AI Breakthrough Award for Best Decision Intelligence Solution. At Actifai, we’re passionate about empowering broadband providers, large and small, to make smarter, AI-enhanced decisions throughout the subscriber lifecycle. And we’re proud of the results our provider partners have achieved so far,” said Ned Brody, CEO of Actifai. “We believe that the first interaction with a customer is uniquely crucial. It sets the tone of the customer relationship and significantly impacts both the long-term profitability and satisfaction of a subscriber. With Actifai, providers can now apply real-time, AI-powered personalization to make the most of those interactions, opening doors to substantial growth. Our team continues to be laser focused on further transforming providers’ customer engagements; but as the only company offering this capability to the broadband industry, we’re excited by this milestone recognition of our technology’s impact.”

The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of AI and machine learning related categories, including Generative AI, Computer Vision, AIOps, Deep Learning, Robotics, Natural Language Processing, industry specific AI applications and many more. This year’s program attracted more than 3,200 nominations from over 20 different countries throughout the world and included winners like OpenAI, Microsoft, and Qualcomm.

Actifai’s customer engagement platform breaks through the competitive customer engagement space with an unprecedented ability to gather and analyze complex customer data, leveraging prescriptive analytics and machine learning-backed AI models. Actifai’s commitment to delivering outstanding results, such as improved sales conversion, increased average revenue per user, and enhanced customer retention, demonstrates the tangible impact of their decision intelligence solution which separated them as the standout in their category.

“Personalization from Actifai allows telecom companies to present the right services and products to potential customers, improving their prospect’s experience and boosting their subscriber acquisition and retention,” said James Johnson, managing director, AI Breakthrough. “As our ‘Best Decision Intelligence Solution’, Actifai acknowledges the importance of outstanding initial customer sales engagements for cable and telecommunications companies. Traditional sales processes lack personalization, but by utilizing AI, Actifai revolutionizes the sales process by enabling real-time customer engagement personalization at scale.”

Available in both the call center and for online sales, Actifai enables up to a 30% improvement in sales conversion rates, 8%-14% increases in average revenue per user, and 6%-11% lifts in customer retention.

about AI breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies, and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Computer Vision, and more.

For more information visit AIBreakthroughAwards.com.

about actifai

Actifai is a software-as-a-service provider serving a growing portfolio of regional operators and several leading broadband and communications providers in North America. By matching potential subscribers with a single optimal offer across providers’ agent-assisted and digital sales channels, Actifai’s customer engagement platform reduces buying complexity for consumers and eliminates information barriers and selling biases to deliver optimized sales outcomes. Actifai’s industry-first, AI-powered offer, and sales personalization enable providers to maximize the value of customer engagements in real-time, helping them achieve up to 30% conversion improvement, an average 12% ARPU increase, 6%-11% retention improvement, and a 15- to 30-fold return on investment.

For more information, please visit www.actif.ai.

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James Johnson

AI Breakthrough & PRWEB
06.21.2023

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AI on the Rise for Operators Embracing Virtualization https://www.actif.ai/resource/operators-embracing-virtualization-cablefax/ Mon, 12 Dec 2022 09:39:17 +0000 https://www.actif.ai/?post_type=resource&p=2655 read full article With the adoption of artificial intelligence as a highly valued tool for cable providers continuing to grow, AI is central to offerings from vendors of all sizes seeking to address long-standing inefficiencies and modernize the cable and broadband industry. In this recent Cablefax article, managing editor Sara Winegardner explores how companies like […]

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With the adoption of artificial intelligence as a highly valued tool for cable providers continuing to grow, AI is central to offerings from vendors of all sizes seeking to address long-standing inefficiencies and modernize the cable and broadband industry. In this recent Cablefax article, managing editor Sara Winegardner explores how companies like Actifai demonstrate value to service providers through AI-powered customer engagement platforms. 

There’s an embrace of automation and AI technologies, and there is a practical use case for them,” notes Actifai EVP and general manager Jeff Vogt. “It’s how you harness them for practical purposes versus trying to bite off everything.”

As Winegardner accurately states, bringing tailored, fully actualized services to life is transforming AI from a buzzword at future-looking shows like CES into something consumers and enterprises can understand and utilize. For Actifai and its customers, the result is enhanced subscriber satisfaction, reduced churn and an ability to win over new subscribers despite unprecedented market competition.

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How one AI Startup Aims to Improve Cable ARPU https://www.actif.ai/resource/ai-startup-improves-cable-arpu-light-reading/ Mon, 21 Nov 2022 19:02:18 +0000 https://www.actif.ai/?post_type=resource&p=2743 read full article With cable broadband subscriber growth slowing in recent quarters, Light Reading senior editor Jeff Baumgartner shares details on a fundamental shift in how some operators are measuring success. While broadband subscriber numbers have long been a primary yardstick, there’s a growing desire to give more weight to average revenue per user (ARPU) growth. […]

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With cable broadband subscriber growth slowing in recent quarters, Light Reading senior editor Jeff Baumgartner shares details on a fundamental shift in how some operators are measuring success. While broadband subscriber numbers have long been a primary yardstick, there’s a growing desire to give more weight to average revenue per user (ARPU) growth.

Actifai Engage, an AI-powered acquisition solution, helps broadband service providers drive up ARPU by 9% to 14% by generating recommended consumer offers that match that consumer with the right services based on their specific needs. This approach is in contrast to traditional models that lean heavily on discounts and promotional offers merely to close a sale. According to Actifai’s EVP and general manager Jeff Vogt, “What we’re finding is that first interaction with a prospective customer, in the call center primarily, is the key determinant of customer satisfaction.” 

Source: Pitinan Piyavatin/Alamy Stock Photo

actifai generates individual recommendations

When customers call in, Actifai’s system executes a real-time pull of hundreds of different data points used to generate recommendations on an individual level. In addition to the lift in ARPU, Actifai’s approach has also provided a “conversion” (sales close) improvement of up to 30% with its customers.

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Jeff Baumgartner

Senior Editor, Light Reading
11.21.2022

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Startup Uses AI to Help Operators Accelerate Sales and ARPU https://www.actif.ai/resource/startup-uses-ai-to-help-operators-light-reading/ Wed, 09 Mar 2022 20:24:42 +0000 https://www.actif.ai/?post_type=resource&p=2862 read full article In an article for Light Reading, Senior Editor Jeff Baumgartner explores the challenges facing cable and telco businesses as they strive to re-accelerate broadband subscriber growth and drive up Average Revenue Per User (ARPU). Jeff covers how Actifai, a two-year-old startup, is addressing these challenges with its AI-backed platform, which currently aims […]

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In an article for Light Reading, Senior Editor Jeff Baumgartner explores the challenges facing cable and telco businesses as they strive to re-accelerate broadband subscriber growth and drive up Average Revenue Per User (ARPU). Jeff covers how Actifai, a two-year-old startup, is addressing these challenges with its AI-backed platform, which currently aims to improve the effectiveness of sales handled by live customer service reps, and is developing products to extend this capability to electronic and other sales channels.

Actifai’s AI-powered platform streamlines the process of considering a wide range of speeds, packages, and add-on offers, like pay-TV packages. It then presents an ideal, recommended offer and package that should be most appealing, to a specific customer, based on Actifai’s proprietary data and customer background, sourced in real-time, and fed into its platform. According to Jeff Vogt, Actifai’s Executive Vice President and General Manager, Actifai’s “magic is around what we call the offer and acceptance pairs,” – which is further explained as Actifai’s ability to optimize offer recommendations based on the data they collect, not just on past accepted offers, but all offers and subsequent outcomes presented to customers.

actifai's software-as-a-service model

Actifai’s technology is delivered in a software-as-a-service model, whereby Actifai handles the data gathering and AI modeling, and provides a web-based interface and APIs that can conform with a customer’s internal systems. Actifai is seeing ARPU gains in the range of 10-15% across its current slate of customers and has gained early traction with a handful of cable operators and telcos, including Hargray (now part of Cable One), Breezeline (formerly Atlantic Broadband), Cincinnati Bell (recently rebranded as altafiber) and Canada’s Cogeco Communications.

Speaking with Baumgartner, Vogt sets the stage for the remainder of 2022, describing how Actifai’s main priority for the year is to grow, flesh out its roadmap, and add new functionality that furthers providers’ growth.

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Jeff Baumgartner

Senior Editor, Light Reading
03.09.2022

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