Five9 Agent Assist and Inference Studio Platform Win 2021 BIG Innovation Awards

Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, today announced that Five9 Agent Assist has been named a winner in the 2021 BIG Innovation Awards presented by the Business Intelligence Group. In addition to the recognition of the Five9 Agent Assist product, the Business Intelligence Group has also awarded the Inference Studio Platform, from Inference Solutions, the Intelligent Virtual Agent (IVA) provider recently acquired by Five9.

Five9 Agent Assist is an innovative conversational AI solution that provides contact center agents with real-time transcripts, call summaries, guidance and reminders. Agent Assist is powered by Google Contact Center AI combined with the Five9 proprietary AI model generation methodology and assisted summary ML algorithms - making it an industry-first that transforms agent performance in the contact center. With this combination, calls between agents and customers are analyzed in real-time using speech recognition and natural language processing. Based on this analysis, real-time guidance and reminders are provided to the agents allowing them to better serve their customers. Real-time call transcription and call summaries allow agents to spend less time capturing information and more time providing quick and efficient customer service.

“Five9 Agent Assist is a practical AI solution designed to provide tangible, measurable ROI in the contact center,” said Jonathan Rosenberg, CTO and Head of AI at Five9. “Businesses have recognized the necessity of providing truly great customer service experiences. With Five9 Agent Assist, agents are able to focus on the customer instead of taking notes and creating call summaries - allowing them to quickly resolve the problem with the appropriate level of human empathy. We are honored that Business Intelligence Group has recognized our advancements in AI within the CCaaS space.”

In addition, Inference Studio also received an award for making it easy for businesses of any size to automate their customer care workloads with conversational self-service, empowering human service agents to focus on the more complex and highest-value activities. The code-free SaaS platform allows non-technical business users to build and manage omnichannel IVAs that leverage leading conversational AI technologies by Google, Amazon, IBM Watson, and more. Users can customize pre-built IVA templates from Studio’s Task Library or build applications from scratch with drag and drop tools. The platform gives organizations greater choice, flexibility, and control in launching applications that deliver highly engaging and efficient customer experiences.

“The Studio platform is democratizing conversational AI by removing the biggest barriers to deploying natural language technology: cost, complexity, and the dependence on highly skilled developers,” said Callan Schebella, Five9 VP and General Manager and founder and CEO of Inference Solutions. “We thank Business Intelligence Group for recognizing this innovation as we continue shaping the future of customer service.”

“More than ever, the global society relies on innovation to help progress humanity and make our lives more productive, healthy and comfortable,” said Maria Jimenez, chief operating officer of the Business Intelligence Group. “We are thrilled to be honoring Five9 for these awards as they are one of the organizations leading this charge and helping humanity progress.”

Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.

About Five9

Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,000 customers worldwide and facilitating more than six billion call minutes annually. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and practical AI to create more human customer experiences, to engage and empower agents, and deliver tangible business results. Designed to be reliable, secure, compliant, and scalable, the Five9 platform helps contact centers increase productivity, be agile, boost revenue, and create customer trust and loyalty.

For more information, visit www.five9.com.

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About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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