New York, NY (PRWEB) November 19, 2015
Today Fusemachines, a sales technology company using Artificial Intelligence technology to accelerate the inside sales process, announced the launch of its Artificial Intelligence assistant, SAM, which fuels inside sales teams with the ability to better communicate and connect with prospects. From lead generation automation to drafting personalized email responses to sales requests, Fusemachines’s Artificial Intelligence platform dramatically increases the productivity of sales development representatives while exponentially increasing the number of quality leads.
“There are many companies that are trying to automate and simplify the sales process for companies but none have taken the full task of using artificial intelligence across every sales touchpoint for a sales development representative,” says Sameer Maskey, CEO and Founder of Fusemachines. “By using our proprietary Artificial Intelligence platform, companies can find and nurture triple the amount of qualified leads in the same amount of time they would otherwise spend driving leads manually.”
The AI assistant was born out of Fusemachines’s expertise in the customer support space. Dr. Maskey, who has been building AI systems for over a decade, says “Several breakthroughs with our Machine Learning and Natural Language Processing research over the past two years led us to discover the vast potential of AI assistance for our own sales. Our own huge gains motivated us to incorporate these features into servicing our beta clients. Revenue from these clients started adding triple digit growth to monthly recurring revenue inspiring us to release the product to a wider audience.”
Fusemachines is the first company to build an AI Assistant designed to work side by side with inside sales teams to increase both the number of qualified leads and appointments. The AI system combines Deep Learning algorithms with state of the art Natural Language Processing techniques. The system can rapidly sift through millions of leads and rank them with a Buying Intention Metric which also informs the drafting of responses used to improve outreach. This allows Sales Development Representatives to spend more time getting appointments and closing deals, rather than manually finding and nurturing them. By using SAM many companies have seen an increase in their leads and appointments by more than 50%.
Enhatch, the connected mobile platform for field sales teams, experienced more than 60% lift in frequency of new meetings scheduled on a weekly basis, with pipeline growth estimated to be more than 3 million per annum. “The return on investment from Fusemachines was immediately transparent and quantifiable,” said Peter Verrillo, CEO of Enhatch. “Fusemachines is by far one of the best solutions with Artificial Intelligence we’ve ever seen when it comes to driving more sales leads.”
Socure, an industry leader in real-time online identity verification solutions saw similar success, immediately generating a 55% increase in frequency of high value new opportunities each week. “It is rare to find a technology solution that can so quickly and efficiently be implemented to drive real results,” said Sunil Madhu, CEO of Socure. “We have experienced outstanding initial success with Fusemachines and look forward to continuing our work together.”
Fusemachines was started in 2013 by Sameer Maskey, formerly of IBM Research, and an Adjunct Assistant Professor at Columbia University. Fusemachines’s leadership team also consists of COO Mike Brody, co-founder of Payfone, and CTO Rushil Shakya former leader of development teams at Citi. The Fusemachines team of 80 plus employees includes over 30 engineers and 3 PhDs, is based in NYC, and are part of the Work-Bench Accelerator program in New York City.
More information about Fusemachines’s AI sales assistance platform can be found at: https://www.fusemachines.com/
For media inquiries please contact Cari Sommer of Sommer Communications Group at cari(at)sommercg(dot)com.
About Fusemachines: Fusemachines is a sales technology company revolutionizing the insides sales process through their proprietary Artificial Intelligence platform. Using Natural Language Processing and Machine Learning, the Artificial Intelligence System connects sales teams to better prospects and automates communications, driving an increase in qualified leads. Fusemachines is part of the New York City Work Bench Enterprise Accelerator and has a team of eighty people across offices in New York City and Kathmandu. The company was started in 2013 by Sameer Maskey, a Columbia PhD in Computer Science.