RingCentral’s New AI Assistant Now Included in RingEX At No Additional Cost
October 31 2024 - 7:00AM
Business Wire
Customers see significant improvements in daily
operations with trusted, multi-modal RingCentral AI Assistant
RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered
trusted business communications for companies of all sizes, today
announced its AI Assistant, powered by RingCentral AI, is now
included in RingEX™ at no additional cost. RingCentral AI Assistant
automatically generates detailed, real-time notes for phone calls;
helps write, polish, and translate texts and chats; and summarizes
meetings with crisp action items, reducing employees’ daily mundane
work to free up their time for more critical, strategic work.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241031406632/en/
Image provided by RingCentral
RingEX customers who participated in the early access preview,
ranging from small businesses to large enterprises across
industries, including legal, real estate, healthcare, financial
services and retail, saw significant improvements in their daily
operations using RingCentral AI Assistant. In fact, 92 percent of
customers who used AI call notes see it as important for their
business, and 84 percent say it improved call engagement.
"Implementing AI-powered note-taking for our team meetings and
strategy sessions has been a game-changer for the Pistons’
operations,” said Paul Rapier, VP of IT at Detroit Pistons.
“Previously, we worried about missing crucial details, especially
during fast-paced, pre-game preparations. It has significantly
enhanced our ability to stay organized and aligned. This technology
isn't just improving our administrative efficiency; it's giving us
a competitive edge by ensuring no valuable insight or strategy
falls through the cracks."
AI That’s Easy and Multimodal
AI Assistant runs on RingCentral’s trusted platform for calling,
messaging, SMS, and video conferencing, with key skills
including:
- Real-time note-taking and summaries for phone calls:
Powers phone conversations with a personal AI assistant for real
time note-taking, capture of outstanding questions, and action
items. Delivers AI-generated distilled summaries, notes, action
items, and recording highlights. Captures context of conversations,
making engagements more personalized.
- AI writer and translator for SMS and team messages: Uses
AI to write and polish text and chat messages, in the style and
length users prefer. Accurately translates messages in Chinese,
English, French, German, Italian, Spanish.
- Unread message recap: Provides AI-generated summaries of
missed team messages in group chats for quick catch-up.
- AI meeting highlights: Automatically generates video
“highlight reels” and searchable text summaries of meetings. Also
generates keyword-based clips, transcripts, summaries, topic lists,
replays by specific speakers.
- Real-time live transcriptions and closed captioning for
calls and video meetings.
“Many UCaaS and CCaaS platform providers have generative AI
capabilities infused throughout their platforms, however there are
no metrics to compare how well different vendors’ AI works,” said
Brent Kelly, Principal Analyst, Digital Workplace, Omdia. “I’ve
used most of the UCaaS meeting transcription and summary solutions
on the market. The transcription from RingCentral AI Assistant was
amazingly accurate for the duration of an hour-long meeting. The
summary was also very well crafted.”
“With RingCentral AI Assistant, we’re enabling teams of all
sizes, from solo entrepreneurs to global corporations, to transcend
traditional limitations and operate at the speed of thought,” said
Kira Makagon, Chief Innovation Officer & CMO at RingCentral.
“With the combination of our cutting-edge AI and secure, trusted
infrastructure, we’re not just helping teams work faster and
smarter — we're redefining what's possible in the modern workplace.
This is more than an upgrade; it's a leap into the future of
business productivity."
Core Principles of RingCentral AI
Powered by RingCentral AI, the new AI Assistant for RingEX
customers is developed with the following key principles:
- Trusted - With the same reliability, security, and
privacy for which RingCentral is already known.
- Multimodal - Unlocks rich conversation data across voice
and other modes.
- Open - With open APIs and integrations that make it easy
to tie into customers' workflows.
- Fit-to-Purpose - Designed for different use cases and
personas.
These are the reasons why RingCentral AI has been recognized as
a strength by Gartner in the 2024 Magic Quadrant for Unified
Communications as a Service (UCaaS) report, and why it won best in
show at the 2024 Enterprise Connect conference. Because of the
company’s deep innovation in AI, RingCentral continues to enhance
both employee and customer experiences and provide cutting-edge
capabilities that users expect.
AI Assistant is included at no additional cost in RingEX
starting in the U.S., with additional skills and an international
rollout planned for early 2025. AI Assistant can help with a range
of tasks:
- Included in Core tier:
- Transcribes live calls and meetings
- Provides closed captioning for calls and meetings
- Summarizes meetings and highlights key takeaways
- Included in Advanced tier (everything in Core, plus):
- Captures real-time call notes automatically
- Included in Ultra tier (everything in Core and Advanced, plus):
- Writes, edits, and translates texts and team chats.
For more information on features and pricing, click here.
About RingCentral
RingCentral is a global leader in AI-powered trusted business
communications, contact center, revenue intelligence, video and
hybrid event solutions. RingCentral empowers businesses with
conversation intelligence and unlocks rich customer and employee
interactions to provide insights and improved business outcomes.
With decades of expertise in reliable and secure cloud
communications, RingCentral has earned the trust of hundreds of
thousands of customers and millions of users worldwide. Visit
ringcentral.com to learn more.
©2024 RingCentral, Inc. All rights reserved. RingCentral,
RingEX, and the RingCentral logo are trademarks of RingCentral,
Inc.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241031406632/en/
PR Contact: Mariana Leventis 650-562-6545
mariana.leventis@ringcentral.com
Ringcentral (NYSE:RNG)
Historical Stock Chart
From Oct 2024 to Nov 2024
Ringcentral (NYSE:RNG)
Historical Stock Chart
From Nov 2023 to Nov 2024