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Zendesk adds flexible AI agent capabilities with Ultimate acquisition | TechCrunch

Mar 13, 2024 - techcrunch.com
Zendesk, a customer service software company, has announced plans to acquire Ultimate, a German customer automation startup. The acquisition is part of Zendesk's vision for a future where AI agents handle between 70% and 90% of customer interactions. Ultimate's platform, which integrates with any backend system and provides robust analytics and reporting, is seen as a key tool in achieving this goal. The company's technology uses an adaptive methodology to solve problems, employing a range of techniques from large language models to predictive analytics and rule-based workflows.

Zendesk CEO Tom Eggemeier, who joined the company last fall, praised Ultimate for solving up to 80% of interactions via their AI agents. While the plan is to incorporate Ultimate's technology into the Zendesk platform, the company will continue to offer stand-alone products to other companies. Ultimate's approximately 140 employees will join Zendesk after the deal closes, which is expected to happen in 2-4 weeks.

Key takeaways:

  • Zendesk has announced its intention to acquire Ultimate, a German customer automation startup, with the aim of enhancing its AI capabilities for customer service.
  • Ultimate's automation platform integrates with any backend system and provides robust analytics and reporting, and is capable of resolving up to 80% of interactions via their AI agents.
  • Zendesk CEO, Tom Eggemeier, believes that between 70% and 90% of future customer interactions will be through AI agents, increasing the need for automated responses like those provided by Ultimate.
  • While Ultimate technology will be incorporated into the Zendesk platform, the company plans to continue offering stand-alone products to other companies and maintain Ultimate's existing customer and partner relationships.
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