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Zoom Drives Contact Center Expansion with Acquisition of Solvvy

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San Jose, CA and Burlingame, CA, USA, May, 2022 -- Zoom Video Communications, Inc. (NASDAQ: ZM) announced it has entered into a definitive agreement to acquire Solvvy, a conversational AI and automation platform for customer support. Together, Zoom and Solvvy will offer customer service experiences to a global enterprise base and work quickly to capitalize on new opportunities in contact center and customer support.

The recently launched Zoom Contact Center is an omnichannel contact center platform optimized for video with a suite of channels, such as video, voice, SMS, and webchat, in a single, user-friendly experience. Adding Solvvy’s proprietary technology will broaden Zoom Contact Center’s offering with scalable self-service and conversational AI. With Solvvy, Zoom Contact Center customers will benefit from an automated, integrated, and easy-to-deploy contact center that helps answer end-customers’ questions and solve issues faster, improves the overall customer experience, and drives operational savings.

"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," said Velchamy Sankarlingam, President of Product and Engineering at Zoom. "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."

"Zoom is poised to redefine the contact center category with its unique combination of unified communication and customer experience. We could not be more excited to join forces and further scale our unique conversational AI offering," said Mahesh Ram, Chief Executive Officer and Co-Founder of Solvvy. "Zoom’s Contact Center brings the same level of scalability, simplicity, and respect for the end-user, making Zoom the premier communications platform for businesses worldwide. When combined with our modern tech stack, talented team, and AI expertise, we believe we can fundamentally transform the customer experience. The benefits of Zoom’s deep technical expertise, industry-leading platform, and global reach will further scale the impact we have on our customers and serve new ones."

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Posted by Veronica Silva Cusi, news correspondent
Source: https://www.globenewswire.com

Date Posted: Monday, May 16, 2022



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