Uniphore acquires AI-powered knowledge automation platform Colabo

Uniphore, the conversational automation company, has acquired Colabo, an AI-powered knowledge automation solution that specialises in extracting and utilising information from structured and unstructured documents in real-time.

Today, intelligent virtual assistants (IVAs) and human agents have access to legacy knowledge management systems not connected to enterprise applications, thus frequently losing value over time from data complexity and quality. With Colabo’s solution integrated into Uniphore’s platform, enterprises will be able to leverage AI to extract knowledge entities and graphs from structured and unstructured data. This helps ensure that relevant content is delivered to IVAs and live agents for better customer interactions.

“Simply put, consumers today expect access to up-to-date information to solve their problems and contact centres can provide better experiences with the latest technologies that do exactly that,” said Umesh Sachdev, co-founder and CEO of Uniphore. “This acquisition brings together unique capabilities to arm enterprises with new tools that provide a quick resolution to consumer queries and empower agents with real-time, actionable information.”

“From the start, we built Colabo with a vision to help personalise customers’ experiences from when they contact a business to when their issue is resolved,” said Yoav Dembak, co-founder and CEO, Colabo. “Today, I am proud to say we have achieved that and will be taking our vision even further by integrating into Uniphore’s conversational AI and automation platform, bringing rigour and best-of-breed agility and accuracy to every contact centre inquiry.”

Colabo’s AI solution powers customer engagement solutions by unifying knowledge from any digital and physical content into a personalised omnichannel experience. The company’s knowledge AI solution is based on the following market dynamics:
• Customer engagement platforms must keep the experience seamless and hassle-free, as opposed to making IVAs and agents learn the business’s systems, policies, and practices. Colabo’s knowledge automation recognises, learns and personalises the customer experience.

• Customer engagement channels are dynamic. If customer contact centres are not continually learning and managing knowledge in near real-time, customer experiences will continue to be problematic. Colabo’s technology enables enterprises to quickly ramp up solutions in unique environments in a fraction of the time it takes other systems to be deployed.

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