8x8 Introduces Innovative AI-Driven Platform Enhancements to Transform Customer Engagement

Rhea-AI Summary

8x8, Inc. (NASDAQ: EGHT) announced AI-driven enhancements to its 8x8 Contact Center platform, improving customer experience and team performance. The introduction of the 8x8 Intelligent Customer Assistant allows businesses to streamline self-service across various channels and languages, while the 8x8 Supervisor Workspace enhances contact center management with integrated analytics and performance metrics. Additionally, integration with OpenAI facilitates superior transcription and translation services. This innovation aims to empower organizations through personalized customer interactions and optimized operational efficiency.

Positive

• Introduction of 8x8 Intelligent Customer Assistant enhances self-service capabilities.
• 8x8 Supervisor Workspace improves management efficiency with integrated analytics.
• Integration with OpenAI provides superior transcription accuracy above 85% for major languages.
• Research indicates that AI investments positively impact customer ratings and revenue.

Negative

• None.

New Conversational AI Solution and Tailored Supervisor Experience for 8x8 Contact Center Together with Platform-wide Integration with OpenAI Deliver Enhanced Customer Experience and Team Performance

CAMPBELL, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud communications platform provider, today announced new AI-driven enhancements that transform business and contact center performance through enhanced customer experiences. The new capabilities include 8x8 Intelligent Customer Assistant and 8x8 Supervisor Workspace for 8x8 Contact Center as well as a platform-wide integration with OpenAI. By infusing deeper AI/ML, natural language understanding models, and performance capabilities into 8x8 Contact Center, and across the 8x8 XCaaS™ (eXperience Communications as a Service™) integrated cloud communications and contact center platform, 8x8 enables customer-obsessed organizations to build exceptional customer journeys, enhance team productivity, and empower leaders with advanced real-time insights.

“Transforming into an AI-powered contact center is no longer a luxury; it’s a necessity for companies that want to deliver stellar customer experience and gain competitive advantage,” said Robin Gareiss, CEO and Principal Analyst at Metrigy. “Our research clearly shows that investing in AI, platform integration, and more efficient operational processes delivers results. For example, conversational AI alone improves revenue by 20.7%, customer ratings by 26.7%, and agent productivity by 22.7%. Companies with such success rates invest 92.2% more than unsuccessful companies on CX technologies.”

New 8x8 capabilities include:

8x8 Intelligent Customer Assistant

8x8 Intelligent Customer Assistant is a powerful, user-friendly conversational AI solution that enables businesses to create simple to complex self-service experiences across all channels. Part of 8x8 Contact Center, 8x8 Intelligent Customer Assistant provides graphical orchestration capabilities that allow enterprises to build highly scalable, always available, consistent experiences across multiple regions and languages, with very little extra effort. With 8x8 Intelligent Customer Assistant, organizations can:

• Deliver smart self-service to automatically handle customer requests through natural, conversational experiences.
• Utilize graphical scripting tools, enabling a single chatbot to be built quickly and deployed instantly across any channel (i.e., SMS, WhatsApp, web chat, etc.).
• Build conversation flows once that can be applied to any channel, in 100+ languages.
• Capture reliable, actionable insights for true performance optimization via the built-in, comprehensive analytics solution.
• Eliminate blind transfers with customer context and bot interaction details delivered to a live agent, empowering them to deliver more personalized, frictionless experiences.
• Leverage turnkey integrations with CRM systems and other enterprise applications or connect with leading generative AI engines such as OpenAI, all accessible from a simple app ecosystem.

"Taking advantage of AI-based technologies for self-service has shown great potential, but in practice have been frustrating to deploy and use," said Gary Boucher, Acer Program Manager. "We chose 8x8 Intelligent Customer Assistant over other vendors because of its robust features and ease of use. The overall simplicity belies its complexity on the back end. Additionally, it offers us the option to escalate to live assistance, when necessary, with a seamless handoff from the automated interaction to the contact center agent."

8x8 Supervisor Workspace

8x8 Supervisor Workspace is a purpose-built experience that blends analytics, performance management, and team admin capabilities into a single interface. A powerful and intuitive, design-led user interface provides a performance-centric management space for contact center leaders. Key features include:

• AI-driven decision intelligence, assistance, and guidance presenting supervisors with coaching and performance recommendations to improve speed to correction and drive superior performance in the contact center.
• Personalized environments, all with simple clicks, based upon individual needs and priorities, transforming how contact center leaders can manage teams and make decisions.
• Ability to create multiple workspaces, making it easier to switch roles and responsibilities quickly to increase efficiency and become more agile in meeting business demands.
• User-friendly design and out of the box role-based templates that accelerate on-boarding and allow supervisors to quickly ramp up.
• Single pane of glass for all contact center insights and operations, including seamless integration with third-party applications and data from WFM, CRM, and BI tools.

“An unexpected challenge of supervising a contact center team is simply managing the multiple applications that are needed for task management, team overview, and metrics and analytics,” said Rohena Sharma, Team Leader at Brent Council. “8x8 Supervisor Workspace removes that challenge, allowing me to view and manage the teams, and all related information, in a single screen. It’s amazing how much time is saved, and how much more productive I can be, when I’m not switching between a dozen different applications!”

8x8 XCaaS Platform and OpenAI Integration

8x8 and OpenAI Whisper will bring industry leading, highly accurate transcription, translation, and summarization services to the 8x8 XCaaS platform. Paired with 8x8 Quality Management and Speech Analytics for Contact Center and 8x8 Conversation IQ, this new integration will bring a transcription accuracy rate higher than 85% for the most common languages and will support more than 50 languages across both UCaaS and CCaaS. This 8x8 XCaaS platform-wide integration with OpenAI will make it easier for organizations to unlock the potential of generative AI at scale and understand and interact with their customers on a much more personal level.

“Customers are turning to cloud-first environments because they offer fast, personalized solutions that then allow them to operate in the way, and across the channels, that make the most sense for their business - there is no one size fits all in enterprise,” said Hunter Middleton, Chief Product Officer at 8x8, Inc. “These AI-driven innovations to the 8x8 XCaaS platform provide our customers with the easily designable tools they need to meet their customers whenever, and wherever, to deliver the most consistent experience possible. Whether it’s conversational AI and a highly effective self-service product, a highly composable, personalized contact center experience for supervisors, or accurate and dynamic intelligence across the entire platform, 8x8 XCaaS delivers a modern platform to meet their present and future business requirements.”

8x8 XCaaS, which includes integrated cloud contact center, business phone, team chat, video meetings, and SMS capabilities, is built on the resilient, secure, and compliant 8x8 eXperience Communications Platform™, which offers the highest levels of reliability with a financially backed, platform-wide 99.999 percent uptime SLA across an integrated cloud UCaaS and CCaaS solution.

8x8 Webinar

Register for the 8x8 Intelligent Customer Assistant launch webinar, “Not Your Average Chatbot: Self-Service Reimagined” with Sheila McGee-Smith, founder and principal analyst at McGee-Smith Analytics, and Patrick Russell, Director of Product Management at 8x8, on Wednesday, March 22, 2023, to learn how conversational AI and other advancements are changing the future of self-service. Visit the webinar page for more information.

Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements. Readers are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements. Readers are directed to 8x8’s periodic and other reports filed with the Securities and Exchange Commission (SEC) for a description of such risks and uncertainties. 8x8 undertakes no obligation to update any forward-looking statements.

About 8x8, Inc.

8x8, Inc. (NASDAQ: EGHT) is transforming the future of business communications as a leading software as a service provider of 8x8 XCaaS™ (eXperience Communications as a Service™), an integrated contact center, voice communications, video, chat, and SMS solution built on one global cloud communications platform. 8x8 uniquely eliminates the silos between unified communications as a service (UCaaS) and contact center as a service (CCaaS) to power the communications requirements of all employees globally as they work together to deliver differentiated customer experiences. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter and Facebook.

8x8®, 8x8 XCaaS™, eXperience Communications as a Service™, eXperience Communications Platform™ are trademarks of 8x8, Inc.

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Source: 8x8, Inc.

FAQ

What are the new features of 8x8's contact center announced in March 2023?

The new features include the 8x8 Intelligent Customer Assistant for enhanced self-service and the 8x8 Supervisor Workspace for improved management efficiency.

How does 8x8's integration with OpenAI benefit its XCaaS platform?

The integration with OpenAI enhances transcription, translation, and summarization services, achieving over 85% accuracy for common languages.

What impact does the new AI solution have on customer experiences?

The new AI solution aims to improve customer experiences by delivering personalized interactions and optimizing operational efficiency.

What is the significance of AI-driven enhancements for 8x8's business?

AI-driven enhancements are vital for 8x8 to remain competitive by delivering stellar customer experiences and improving operational capabilities.