[24]7.ai Positioned as Leader in SPARK Matrix: VCA, 2021

Today, [24]7.ai, Inc., a recognized leader in Omnichannel conversational AI and contact center services, announced today that Quadrant Knowledge Solutions has named [24]7.ai as a 2021 technology leader in the SPARK Matrix analysis of the Global Virtual Customer Assistants market.

Quadrant Knowledge Solutions defines a Virtual Customer Assistant (VCA) as a computer programming application that replicates human-like conversations to deliver information to customers in a text or audio-based format. VCA is capable of being interactive, and if required, it can also undertake transactional activities.

To be selected as a leader in this specialized field, Quadrant Knowledge Solutions conducted an in-depth analysis of major virtual customer assistants’ vendors by evaluating the following:

• Product Portfolio
• Market Presence
• Customer Value Proposition

“Achieving this strong ranking in the SPARK Matrix analysis shows AIVA’s success in delivering conversational AI through [24]7.ai Engagement Cloud,” said Lisa Matherly, SVP of Marketing for [24]7.ai. “AIVA can predict intent to create exceptional customer experiences that enable service automation, drive sales and revenue growth, and improve agent productivity, thereby strengthening relationships and increasing brand loyalty.”

“[24]7.ai, with its comprehensive technology for creating frictionless interactions through the combination of deep learning or machine learning, [utilizes] the company’s in-house technology – ‘AIVA’,” said Pranjal Singh, Analyst at Quadrant Knowledge Solutions. “It has received strong ratings across the parameters of technology excellence and customer impact and has been positioned amongst the technology leaders in the 2021 SPARK Matrix of the Virtual Customer Assistants market.”

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