Sprinklr, Inc. reports developments around its AI-native Unified Customer Experience Management platform for enterprise customer-facing teams. News commonly covers product releases for AI agents, copilots, customer feedback, Voice of the Customer, marketing automation, service intelligence, social media management, advertising, and omnichannel contact center workflows.
Company updates also include strategic partnerships and integrations that connect creator, paid, owned, and organic social channels; industry recognition for customer experience and AI products; and quarterly earnings releases centered on total revenue, subscription revenue, margins, and cash flow.
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Sprinklr (CXM) has announced a three-year partnership renewal with BWT Alpine F1® Team, continuing their collaboration as the official partner and Unified-CXM platform provider. This partnership will leverage Sprinklr's four product suites: Sprinklr Service, Sprinklr Insights, Sprinklr Marketing, and Sprinklr Social. BWT Alpine aims to enhance fan engagement and optimize its digital strategies. The Unified-CXM platform is expected to help the team maximize marketing and customer service effectiveness, positioning them competitively within the Formula 1 sphere. Both companies express excitement about the opportunities this partnership will create to connect with fans more effectively.
Sprinklr (NYSE: CXM) has launched a self-service version of Sprinklr Social, its social media management solution, equipped with OpenAI's generative AI capabilities. The Advanced Plan offers tools for content publishing, engagement, and reporting, enabling teams to generate content faster and enhance interactions. Key features include easy onboarding, a user-friendly interface, and the ability to scale from the self-service to enterprise plans.
Priced at $299 per user per month, the plan also includes a 90-day free trial. The company aims to empower enterprises of all sizes to leverage AI for improved customer experiences.
Sprinklr (NYSE: CXM) reported a robust Q4 FY23, achieving total revenue of $165.3 million, a 22% increase year-over-year. Subscription revenue soared to $148.3 million, up 26% year-over-year. Notably, the company generated $22.1 million in net cash from operating activities and $16.3 million in free cash flow during the quarter. Total Remaining Performance Obligations (RPO) reached $719.5 million, reflecting a 26% year-over-year growth. The company provided optimistic full-year fiscal 2024 guidance, projecting total revenue between $710 million and $714 million.