Pilot AI taps algorithms to extract info from sales calls

News Summary

  • “Leaders are now looking for solutions like ours because it is far more cost effective to use AI to double down on multiplying the effectiveness of your existing sales team than it is to simply hire more sales reps, which was the go-to approach during the boom times.”
  • “Pilot AI doesn’t simply provide suggestions to sales reps, but rather takes over workload entirely from the sales reps and leadership.”That’s a bold claim.
  • But he claimed that the pandemic and macroeconomic slowdown have been a boon for business, actually, because they’ve caused more sales conversations to “happen digitally.”To Lu’s point, companies are investing in — and investigating — AI for sales more now than they were previously.
  • Maxwell Lu, formerly a product engineer at Salesforce and the head of revenue operations at a previous startup, found himself frustrated by the task of re-listening to sales calls to write up notes and fill out entries in customer relationship management (CRM) software.
  • Parsing the hype, though, Pilot AI uses AI to pull information out of sales calls, generating notes and populating CRM fields after the calls conclude.
  • A 2021 poll by 451 Research found that more than 95% of enterprises considered AI tech to be important to their digital transformation efforts, specifically for the purposes of lowering costs, increasing sales and improving workforce productivity.
Maxwell Lu, formerly a product engineer at Salesforce and the head of revenue operations at a previous startup, found himself frustrated by the task of relistening to sales calls to write up notes a [+4266 chars]