Evolve IP Acquires Speech Analytics Firm Jog.ai.
M2 EQUITYBITES-April 3, 2019-Evolve IP Acquires Speech Analytics Firm Jog.ai
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3 April 2019 - Pennsylvania, US-based Evolve IP, The Cloud Strategy Company, has acquired Texas, US-based speech analytics and natural language technology firm Jog.ai, to enhance unified communications, the company said.
Terms of the transaction were not disclosed.
The strategic purchase enhances the company's cloud communications services with intellectual property that helps users remember, retrieve and record everything that happens on a phone call.
Evolve IP said the acquisition will open new markets as well as bolster the company's offerings for businesses in verticals such as Healthcare, Finance and Legal.
The technology is suited for contact centres, sales professionals, executives and businesses that have compliance requirements or transcription needs.
Evolve IP delivers customised strategies and integrated services for cloud computing, cloud communications and identity and access management. The Evolve IP OneCloud lets enterprises move a service at a time, to a secure, virtual private environment.
Jog.ai was started to solve the pain of having to remember what was said on a call. The Jog.ai platform captures the important points of the call with Smart Flags.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Apr 3, 2019|
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